United States Decorative Laminates Market Introduction and Overview
According to SPER Market Research, the United States Decorative Laminates Market is estimated to reach USD 3.03 billion by 2033 with a CAGR of 4.35%.
The report includes an in-depth analysis of the United States Decorative Laminates Market, including market size and trends, product mix, applications, and supplier analysis. Decorative laminates are laminate sheets intended for use as wall paneling, flooring, and furniture surfaces. They are created by combining brown kraft paper with ornamental printed designs under intense heat and pressure. In comparison to veneer, paint, and other similar coatings, decorative laminates are more affordable, long-lasting, and have a higher aesthetic value. The use of sophisticated production techniques in terms of design, performance, and installation has increased demand for decorative laminates. The most common applications for decorative laminates are as wall paneling or furniture surface materials. They are frequently utilized in furniture designs including shelves, cabinets, doors, and office cubicles because of their aesthetic and protective qualities.
- October 2022; Atlantic Plywood has been appointed by Uniboard Canada as a distributor for Uniboard products in the Midwest region of the United States. Uniboard's Thermally Fused Laminates (TFL) and High Pressure Laminates (HPL) product range will be available in 24 carefully chosen colors.
- August 2022; LL Flooring now has 440 retail sites nationwide after opening three new facilities in Abilene, Texas; Mundelein, Illinois; and Prescott Valley, Arizona.
Market Opportunities and Challenges
Opportunities- The main market trend is the increasing use of RTA flooring, furniture, and cabinetry. The main basic ingredients are chemicals, tissue and Kraft paper for the ornamental layer, and wood logs for the basis. High pressure and heat are applied during the manufacturing process to fuse these materials together, creating a long-lasting and visually appealing product. A lot of plastic products are made with decorative laminates. These laminates have many benefits, including a large selection of patterns and textures, ease of maintenance, and resistance to heat and moisture. The growing need for long-lasting and reasonably priced interior design solutions is predicted to fuel the growth of the decorative laminates market globally. Consequently, these patterns will influence the market's expansion throughout.
Challenges- The main factor impeding market expansion is fierce competition from unorganized firms. Wood logs, which are turned into wood chips or flakes, and chemicals like formaldehyde and methanol, which are used to make adhesives, are the main raw ingredients. These raw materials are applied under low pressure during the manufacturing process to produce a finish that is both long-lasting and aesthetically pleasing. Certain laminates also incorporate plastic materials, such as PVC, to increase their strength and water resistance. Among other things, they are frequently utilized in wall covering, kitchen counters, and furniture. The growing need for affordable and fashionable interior design solutions is predicted to propel the decorative laminates market's growth globally. Therefore, the aforementioned factors will hinder the market's growth.
Market Competitive Landscape
The United States Decorative Laminates Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Abet Laminati, Arauco, Formica Corporation, Greebel Laminates, Laminex, Panolam Industries, Pfleiderer Group, Wilsonart and Others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Application, By Texture |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | Abet Laminati, Arauco, Formica Corporation, Greebel Laminates, Laminex, Panolam Industries, Pfleiderer Group, and Wilsonart. |
COVID-19 Impact on United States Decorative Laminates Market
Numerous sectors have suffered as a result of the COVID-19 epidemic. The United States' lockdown disrupted building and furniture manufacturing, and the supply chain was disrupted by freight traffic restrictions. But in 2021, things began to improve, and the market's upward trajectory was resumed. Manufacturers also adjusted by strengthening the robustness of their supply chains and putting new health and safety procedures into place. Innovations in sustainability and design consequently surfaced, enabling businesses to better satisfy changing customer demands.
Key Target Audience:
- Architects
- Interior Designers
- Furniture Manufacturers
- Contractors and Builders
- Retailers
- Distributors
- End Consumers (Homeowners and Businesses)
- OEMs (Original Equipment Manufacturers)
Our in-depth analysis of the United States Decorative Laminates Market includes the following segments:
| By Product: | Low-pressure LaminatesHigh-pressure LaminatesOthers |
| By Application: | FlooringFurniture & CabinetsWall PanelsOthers |
| By Texture: | GlossyMatte/Suede |
Key Topics Covered in the Report:
- United States Decorative Laminates Market Size (FY’2024-FY’2033)
- Overview of United States Decorative Laminates Market
- Segmentation of United States Decorative Laminates Market By Product (Low-pressure Laminates, High-pressure Laminates, Others)
- Segmentation of United States Decorative Laminates Market By Application (Flooring, Furniture & Cabinets, Wall Panels)
- Segmentation of United States Decorative Laminates Market By Texture (Glossy, Matte/Suede)
- Statistical Snap of United States Decorative Laminates Market
- Expansion Analysis of United States Decorative Laminates Market
- Problems and Obstacles in United States Decorative Laminates Market
- Competitive Landscape in the United States Decorative Laminates Market
- Impact of COVID-19 and Demonetization on United States Decorative Laminates Market
- Details on Current Investment in United States Decorative Laminates Market
- Competitive Analysis of United States Decorative Laminates Market
- Prominent Players in the United States Decorative Laminates Market
- SWOT Analysis of United States Decorative Laminates Market
- United States Decorative Laminates Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Decorative Laminates Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Decorative Laminates Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Decorative Laminates Market
7. United States Decorative Laminates Market, By Product (USD Million) 2020-2033
7.1. United States Decorative Laminates Market Size, Share and Forecast, By Product, 2020-2026
7.2. United States Decorative Laminates Market Size, Share and Forecast, By Product, 2027-2033
7.3. Low-pressure Laminates
7.4. High-pressure Laminates
7.5. Others
8. United States Decorative Laminates Market, By Application (USD Million) 2020-2033
8.1. United States Decorative Laminates Market Size, Share and Forecast, By Application, 2020-2026
8.2. United States Decorative Laminates Market Size, Share and Forecast, By Application, 2027-2033
8.3. Flooring
8.4. Furniture & Cabinets
8.5. Wall Panels
8.6. Others
9. United States Decorative Laminates Market, By Texture (USD Million) 2020-2033
9.1. United States Decorative Laminates Market Size, Share and Forecast, By Texture, 2020-2026
9.2. United States Decorative Laminates Market Size, Share and Forecast, By Texture, 2027-2033
9.3. Glossy
9.4. Matte/Suede
10. United States Decorative Laminates Market Forecast, 2020-2033 (USD Million)
10.1. United States Decorative Laminates Market Size and Market Share
11. United States Decorative Laminates Market, By Region, 2020-2033 (USD Million)
11.1. United States Decorative Laminates Market Size and Market Share By Region (2020-2026)
11.2. United States Decorative Laminates Market Size and Market Share By Region (2027-2033)
11.3. United States
11.4. Eastern Region
11.5. Western Region
11.6. Southern Region
11.7. Northern Region
12. Company Profile
12.1. Abet Laminati
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Arauco
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Formica Corporation
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Greebel Laminates
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Laminex
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Panolam Industries
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Pfleiderer Group
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Wilsonart
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links