Market Overview

Decorative Laminates Market in the US 2018-2022 | Product Innovations and New Designs to Boost Demand | Technavio


The decorative laminates market in the US 2018-2022 is expected to post
a CAGR of close to 3% during the forecast period, according to the
latest market research report by Technavio.

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Technavio has published a new market research report on the decorative laminates market in the US fr ...

Technavio has published a new market research report on the decorative laminates market in the US from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the product innovations
and new designs. The demand for decorative laminates is gaining momentum
in the US, led by the advancements in technology and rise in
innovations. Along with technological advancements, production
techniques are also improving to support the new upcoming patterns and
designs such as metal surfaces, gloss, and three-dimensional surfaces.

This market research report on the decorative
laminates market in the US 2018-2022
also provides an analysis
of the most important trends expected to impact the market outlook
during the forecast period. Technavio classifies an emerging trend as a
major factor that has the potential to significantly impact the market
and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the growing adoption of RTA
floorings and furniture cabinets as one of the key emerging trends in
the decorative laminates market in the US:

Decorative laminates market in the US: Growing
adoption of RTA floorings and furniture cabinets

The growing adoption of RTA flooring along with furniture cabinets drive
the demand for HPLs. HPLs are used on various horizontal surfaces,
including flooring and countertops. Due to the advanced performance
characteristics such as long-term durability and greater resistance to
scratches, the demand will increase for HPL during the forecast period.

"HPLs are considered as the most durable decorative surface materials
and have properties such as chemical, fire, and wear resistance. They
are mainly used in high-traffic areas such as office furniture,
healthcare, hospitality, commercial interiors, retail casework, and
educational facilities. They are also considered among the most hygienic
says a senior market research analyst at Technavio.

Decorative laminates market in the US:
Segmentation analysis

This market research report segments the decorative laminates market in
the US by application (furniture and cabinets, flooring, wall panels,
and others) and product (LPL, HPL, and edge banding).

Among various product segments, the LPL segment occupied the maximum
share of more than 79%. This segment is expected to continue to dominate
the market during the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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