Global Decorative High-pressure Laminate (HPL) market size is projected to reach USD 10970 million by 2027, from USD 8962.5 million in 2021, at a CAGR of 3.5% During 2022-2027.
Decorative High Pressure Laminate or HPL, is the direct descendent of the original plastic laminate. It is considered to be one of the most durable decorative surface materials and is available with special performance properties including chemical, fire and wear resistance. Special grades of HPL can be postformed around curved edges by application of heat and restraint. Based on the Decorative High-pressure Laminate (HPL) market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Materials & Chemicals.
When several layers of kraft paper are soaked in resin, decorative high-pressure laminates are created. They are pressed till they form a shiny, plastic-like material. Decorative high-pressure laminates are extensively used in renovating furniture, home-building, remodeling furniture and manufacturing furniture. Their popularity resides with their strength, durability and resilience.This market is booming due to covid as people staying in their homes decided to redo and renovate their homes which grew the market demand for decorative high-pressure laminates along with its prices.
The global Decorative High-pressure Laminate (HPL) includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Fletcher Building, Wilsonart, Panolam Industries, Kronospan, Astro Aerospace Ltd. (OTC :ASDN), EGGER, Greenlam, OMNOVA Solutions, Merino, Abet Laminati, Arpa Industriale, Gentas, Sonae Indústria, PFLEIDERER and others.
Decorative High-pressure Laminate (HPL) Market is segmented based on the type, applications, companies and regions.
By Type, Decorative High-pressure Laminate (HPL) Market has been segmented into
The end user’s industry application on Decorative High-pressure Laminate (HPL) Market is
The global decorative high pressure laminates market is divided into the Asia-Pacific market and the North American market. The Asia-Pacific region especially shows the greatest opportunities because of high CAGR which is estimated to be 5.61% in December of 2024.
This region also commands the largest slice of the decorative high pressure laminates market share at 47.5%. But this statistic was last analyzed in 2018. The market share and size has grown much more in the three years since then. Some of the main factors which are driving amazing growth are large populations, rapid population growth, rising disposable incomes, a strong and growing middle class, and an increase in spending on home and building decor and furniture.
The North American region currently accounts for 23.56% of the decorative high pressure laminates market share. Its CAGR is expected to be approximately 4.71% until 2024. A key reason for this is the heavy usage of high-pressure laminates in cabinets in houses and commercial buildings.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027. The report presents the analysis of Decorative High-pressure Laminate (HPL) Market for the historical period of 2017-2021 and the forecast period of 2022-2027.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Fletcher Building, Wilsonart, Panolam Industries, Kronospan, Astro Aerospace Ltd. (OTC :ASDN), EGGER, Greenlam, OMNOVA Solutions, Merino, Abet Laminati, Arpa Industriale, Gentas, Sonae Indústria, PFLEIDERER |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Decorative High-pressure Laminate (HPL) Market is studied from 2017 - 2027.
Who are the key players in Decorative High-pressure Laminate (HPL) Market?
Fletcher Building, Wilsonart, Panolam Industries, Kronospan, Astro Aerospace Ltd. (OTC :ASDN), EGGER, Greenlam, OMNOVA Solutions, Merino, Abet Laminati, Arpa Industriale, Gentas, Sonae Indústria, PFLEIDERER, Trespa International Business Machines Corporation (NYSE :IBM), FORMILINE, LAMITECH, Stylam, Hopewell, Royal Crown Laminates, Zhenghang, Guangzhou G&P, SWISS KRONO, AOGAO, ATI Laminates, Dura Tuff and others..
What are the significant types of Decorative High-pressure Laminate (HPL) Market?
Horizontal, Vertical,Others
What are the major end-use applications of the Decorative High-pressure Laminate (HPL) Market?
Commercially, Residences, Other.
What segments are covered in the Decorative High-pressure Laminate (HPL) Market report?
The Global Decorative High-pressure Laminate (HPL) Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Decorative High-pressure Laminate (HPL) Market?
The sample report for the Decorative High-pressure Laminate (HPL) Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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