Compact Laminate Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (External Wall Cladding, Internal Wall Cladding, Standard Compact, and Others) and End-Use (Residential, Commercial, and Industrial)

Publication Month: Jul 2021 | Report Code: TIPRE00023719 | No. of Pages: 137 | Category: Chemicals and Materials | Status: Published

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The compact laminate market was valued at US$ 3,619.18 million in 2020 and is projected to reach US$ 4,286.13 million by 2028; it is expected to grow at a CAGR of 3.9% from 2021 to 2028.

 

Compact Laminate is a material which is used for interior design, wall cladding, restroom partitions, and various other applications. Compact laminate is made up of kraft paper which is impregnated with phenolic resin as well as with decorative surface paper, which is impregnated with melamine resin. After drying the layers, they are stacked and sandwiched between laminate before being compressed at high temperature. The high temperature activates the resins and permanently fuses the layer into a panel. The appearance of the compact laminate depends upon the decorative surface paper whereas the core of kraft paper provides a distinctive edge to the compact laminate.

 

In 2020, Asia Pacific was dominating as well as the fastest growing region for compact laminate market over the forecast period. This region is the centre for major manufacturers of compact laminate such as Aica Kogyo Co. Ltd, Greenlam Industries Ltd, Merino Laminates Ltd. among others which is going to provide various growth opportunities for the compact laminate market in Asia Pacific. The increase in demand of compact laminates for countertops that can be used in the kitchen as well as in the bathrooms are driving the growth of compact laminate market in Asia Pacific. Along with this, an increase in FDI and the penetration of international brands has led to an increase construction of commercial spaces in countries such as India, which has provided growth opportunities for the compact laminate to be used in various commercial space construction activities. The increase in disposable income along with rapid urbanization in the region is driving the compact laminate market in Asia Pacific. The consumer preference toward interior design and home décor has led to the increase demand for compact laminates which is providing various lucrative opportunities for the compact laminate market in Asia Pacific.

The ongoing pandemic has drastically altered the status of the chemical and materials sector and negatively impacted the growth of the compact laminates market. The implementation of measures to combat the spread of the virus has aggravated the situation and affected the growth of several industrial sectors. The market has been negatively impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. Disruptions in terms of sourcing of raw materials from suppliers and temporarily closures of manufacturing bases due to indefinite lockdowns and temporary quarantines have impacted the growth of the building and construction industry. As per an article published by land Berger GmbH, in June 2020, the International Monetary Fund (IMF) forecasted a decline in real gross domestic product (GDP) of ~3% worldwide, with current growth rate at 5.9% points lesser to 2.9% growth witnessed in 2019. The article further stated the building and construction activities in the US and Europe have relatively shrunk, negatively impacting the GDP contributed by construction sector. The commercial construction sector is likely to face more disruptions in comparison to residential construction sector during the pandemic period. Similarly, the pandemic has negatively impacted the growth of furniture market due to reduced demand, financial stress, and disruptions to the supply chain. The significant decline in the growth of the several industrial sectors negatively impacted the demand for compact laminates in the global market. Further, as the economies are planning to revive their operations, the demand for compact laminates is expected to rise globally. Additionally, new product development and launches is expected to stimulate the demand for compact laminates in post-pandemic times. For instance, in November 2020, Greenlam Industries Ltd., which is ranked amongst the top 3 laminate manufacturers globally and the largest in Asia, launched revolutionary laminates, which have been proven to be effective against SARS-CoV-2, with 99% efficacy within 30 minutes of exposure to the laminate surface and completely eradicates the virus in 45 minutes. The test for efficacy was conducted by Ministry of Science & technology (Government of India). The expanding demand for compact laminates across residential, commercial, and industrial sectors, along with significant investment by prominent manufacturers, is expected to drive the growth of the compact laminates market.

 

Global Compact Laminate Market, By Region 2020

 Global Compact Laminate Market, By Region 2020

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Market Insights

Increase Usage of Compact Laminate for Interior Design

Interior design is a combination of art and science to enhance the interior of a building to achieve a healthier and aesthetically pleasing environment. Compact laminates are an ideal choice for interior design as the laminates can bear high stress as well as help maintain hygiene and cleanliness. Cladding is an application that is applied to the interior as well as the exterior walls of a building to showcase a particular design. In interior design of residential and commercial buildings, compact laminates are used for external cladding as these laminates are tougher and durable compared to normal laminates. The compact laminates provide protection against dust and rain. Cladding provides a new as well as an aesthetic look to the building. High-pressure compact laminates have their core made up of resin-impregnated cellulose sheets and are covered on both sides with a decorative melamine resin surface. These are used in creative furniture and interior concepts. Also, manufacturers such as Greenlam are manufacturing compact laminates with the latest style and design sensibilities along with a wide variety of designs. The increasing availability of such compact laminates in the market will increase the demand for these laminates in interior designing and propel the market growth.

 

Product Insights

Based on product, the compact laminate market is segmented into external wall cladding, internal wall cladding, standard compact, and others. In 2020, internal wall cladding dominated the compact laminate market. Compact laminates are used in interior designs or internal wall cladding as it helps transform the house or the internal walls of the building and provide an aesthetic look. The compact laminates are used to create stylish wall panels with the use of designs, which include high gloss sheets, patterned laminates, and realistic-looking laminate wood. The design element of compact laminates adds warmth and a unique feel to the room. The compact laminates are also used for protecting the internal walls of a building from various kinds of damages such as water, scratch, soiling, graffiti, impact, minor burn markets, and fading along with enhancing the aesthetics of the interior.

Compact Laminate Market, by Type – 2020 and 2028

Compact Laminate Market, by Type – 2020 and 2028

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Strategic Insights

A few of the key market players operating in the compact laminate market are AICA Kogyo Co., Ltd.; EGGER Group; Greenlam Industries Ltd.; Wilsonart LLC; Merino Laminates Ltd.; Swiss Krono Group; Trespa International B.V.; Lamitech; Kronoplus Limited; and Royal Crown. Major players in the market are focusing on strategies such as mergers and acquisitions and product launches to expand the geographic presence and consumer base.  

Report Spotlights

  • Progressive trends in the compact laminate industry to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the global compact laminate market from 2019 to 2028
  • Estimation of the demand for compact laminate across various industries
  • Porter analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
  • Recent developments to understand the competitive market scenario and the demand for compact laminate  
  • Market trends and outlook coupled with factors driving and restraining the growth of the compact laminate market
  • Understanding regarding the strategies that underpin commercial interest with regard to global compact laminate market growth, aiding in the decision-making process
  • Compact laminate market size at various nodes of market
  • Detailed overview and segmentation of the global compact laminate market as well as its industry dynamics
  • Compact laminate market size in various regions with promising growth opportunities

Compact Laminate Market, by Product

  • External Wall Cladding
  • Internal Wall Cladding
  • Standard Compact
  • Others

Compact Laminate Market, by End-Use

  • Residential
  • Commercial
  • Industrial 

Company Profiles

  • AICA Kogyo Co., Ltd.
  • EGGER Group
  • Greenlam Industries Ltd.
  • Wilsonart LLC
  • Merino Laminates Ltd.
  • Swiss Krono Group
  • Trespa International B.V.
  • Lamitech
  • Kronoplus Limited
  • Royal Crown

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.             Global Compact Laminate Market Landscape

4.1       Market Overview

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             Compact Laminates Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Increase Usage of Compact Laminate for Interior Design

5.1.2        Various Applications of Compact Laminate

5.2       Restraints

5.2.1        Fluctuating Prices of Raw Material

5.3       Opportunities

5.3.1        Innovations in Compact Laminate Market

5.4       Future Trends

5.4.1        Increasing Focus on Research & Development

5.5       Impact Analysis of Drivers and Restraint

6.             Global Market– Global Analysis

6.1       Global Market Overview

6.2       Compact Laminate Market –Revenue and Forecast To 2028 (US$ Million)

6.3       Market Positioning – Global Compact Laminates Market Players

7.             Global Compact Laminate Market Analysis – By Product

7.1       Overview

7.2       Global Compact Laminate Market Breakdown, by Product, 2020 & 2028

7.3       External Wall Cladding

7.3.1        Overview

7.3.2        External Wall Cladding: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

7.4       Internal Wall Cladding

7.4.1        Overview

7.4.2        Internal Wall Cladding: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

7.5       Standard Compact

7.5.1        Overview

7.5.2        Standard Compact: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

7.6       Others

7.6.1        Overview

7.6.2        Others: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

8.             Global Compact Laminate Market Analysis – By Application

8.1       Overview

8.2       Global Compact Laminate Market Breakdown, by Application, 2020 & 2028

8.3       Residential

8.3.1        Overview

8.3.2        Residential: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

8.4       Commercial

8.4.1        Overview

8.4.2        Commercial: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

8.5       Industrial

8.5.1        Overview

8.5.2        Industrial: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.             Compact Laminate Market – Geographic Analysis

9.1       Overview

9.2       North America: Compact Laminate Market

9.2.1        North America: Compact Laminate Market –Revenue and Forecast to 2028 (US$ Million)

9.2.2        North America: Compact Laminate Market, By Product

9.2.3        North America: Compact Laminate Market, by Application

9.2.4        North America: Compact Laminate Market, by Key Country

9.2.4.1      US: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1       US: Compact Laminate Market, by Product

9.2.4.1.2       US: Compact Laminate Market, by Application

9.2.4.2      Canada: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1       Canada: Compact Laminate Market, by Product

9.2.4.2.2       Canada: Compact Laminate Market, by Application

9.2.4.3      Mexico: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1       Mexico: Compact Laminate Market, by Product

9.2.4.3.2       Mexico: Compact Laminate Market, by Application

9.3       Europe: Compact Laminate Market

9.3.1        Europe: Compact Laminate Market –Revenue and Forecast to 2028 (US$ Million)

9.3.2        Europe: Compact Laminate Market, By Product

9.3.3        Europe: Compact Laminate Market, by Application

9.3.4        Europe: Compact Laminate Market, by Key Country

9.3.4.1      Germany: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1       Germany: Compact Laminate Market, By Product

9.3.4.1.2       Germany: Compact Laminate Market, by Application

9.3.4.2      France: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1       France: Compact Laminate Market, By Product

9.3.4.2.2       France: Compact Laminate Market, by Application

9.3.4.3      Italy: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1       Italy: Compact Laminate Market, By Product

9.3.4.3.2       Italy: Compact Laminate Market, by Application

9.3.4.4      UK: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1       UK: Compact Laminate Market, By Product

9.3.4.4.2       UK: Compact Laminate Market, by Application

9.3.4.5      Russia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1       Russia: Compact Laminate Market, By Product

9.3.4.5.2       Russia: Compact Laminate Market, by Application

9.3.4.6      Rest of Europe: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1       Rest of Europe: Compact Laminate Market, By Product

9.3.4.6.2       Rest of Europe: Compact Laminate Market, by Application

9.4       Asia Pacific: Compact Laminate Market

9.4.1        Asia Pacific: Compact Laminate Market –Revenue and Forecast to 2028 (US$ Million)

9.4.2        Asia Pacific: Compact Laminate Market, By Product

9.4.3        Asia Pacific: Compact Laminate Market, by Application

9.4.4        Asia Pacific: Compact Laminate Market, by Key Country

9.4.4.1      Australia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1       Australia: Compact Laminate Market, By Product

9.4.4.1.2       Australia: Compact Laminate Market, by Application

9.4.4.2      China: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1       China: Compact Laminate Market, By Product

9.4.4.2.2       China: Compact Laminate Market, by Application

9.4.4.3      India: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1       India: Compact Laminate Market, By Product

9.4.4.3.2       India: Compact Laminate Market, by Application

9.4.4.4      Japan: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1       Japan: Compact Laminate Market, By Product

9.4.4.4.2       Japan: Compact Laminate Market, by Application

9.4.4.5      South Korea: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1       South Korea: Compact Laminate Market, By Product

9.4.4.5.2       South Korea: Compact Laminate Market, by Application

9.4.4.6      Rest of Asia Pacific: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1       Rest of Asia Pacific: Compact Laminate Market, By Product

9.4.4.6.2       Rest of Asia Pacific: Compact Laminate Market, by Application

9.5       Middle East and Africa: Compact Laminate Market

9.5.1        Middle East and Africa: Compact Laminate Market –Revenue and Forecast to 2028 (US$ Million)

9.5.2        Middle East and Africa: Compact Laminate Market, By Product

9.5.3        Middle East and Africa: Compact Laminate Market, by Application

9.5.4        Middle East and Africa: Compact Laminate Market, by Key Country

9.5.4.1      South Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1       South Africa: Compact Laminate Market, by Product

9.5.4.1.2       South Africa: Compact Laminate Market, by Application

9.5.4.2      Saudi Arabia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1       Saudi Arabia: Compact Laminate Market, by Product

9.5.4.2.2       Saudi Arabia: Compact Laminate Market, by Application

9.5.4.3      UAE: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1       UAE: Compact Laminate Market, by Product

9.5.4.3.2       UAE: Compact Laminate Market, by Application

9.5.4.4      Rest of Middle East and Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1       Rest of Middle East and Africa: Compact Laminate Market, by Product

9.5.4.4.2       Rest of Middle East and Africa: Compact Laminate Market, by Application

9.6       South America: Compact Laminate Market

9.6.1        South America: Compact Laminate Market –Revenue and Forecast to 2028 (US$ Million)

9.6.2        South America: Compact Laminate Market, By Product

9.6.3        South America: Compact Laminate Market, by Application

9.6.4        South America: Compact Laminate Market, by Key Country

9.6.4.1      Brazil: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1       Brazil: Compact Laminate Market, by Product

9.6.4.1.2       Brazil: Compact Laminate Market, by Application

9.6.4.2      Argentina: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1       Argentina: Compact Laminate Market, by Product

9.6.4.2.2       Argentina: Compact Laminate Market, by Application

9.6.4.3      Rest of South and Central America: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1       Rest of South and Central America: Compact Laminate Market, by Product

9.6.4.3.2       Rest of South and Central America: Compact Laminate Market, by Application

10.          Overview – Impact of COVID-19

10.1    List of Top 10 Economies Affected by COVID-19 Pandemic

10.2    Impact of COVID-19 on Compact Laminates Market

10.3    North America: Impact Assessment of COVID-19 Pandemic

10.4    Europe: Impact Assessment of COVID-19 Pandemic

10.5    Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.6    Middle East & Africa: Impact Assessment of COVID-19 Pandemic

10.7    South and Central America: Impact Assessment of COVID-19 Pandemic

11.          Industry Landscape

11.1    Product Launch

11.2    Merger & Acquisition

11.3    Business Expansion

12.          Company Profiles

12.1    Aica Kogyo Co. Ltd

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2    EGGER Group

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3    Greenlam Industries Ltd.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4    Swiss Krono Group

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5    Trespa International B.V.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6    Lamitech

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    Kronoplus Limited

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8    Merino Laminates Ltd.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9    Royal Crown

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10 Wilsonart LLC

12.10.1   Key Facts

12.10.2   Business Description

12.10.3   Products and Services

12.10.4   Financial Overview

12.10.5   SWOT Analysis

12.10.6   Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Glossary of Terms


LIST OF TABLES

Table 1.             Compact Laminate Market –Revenue and Forecast To 2028 (US$ Million)

Table 2.             North America Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 3.             North America Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4.             US Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 5.             US Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             Canada Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 7.             Canada Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8.             Mexico Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 9.             Mexico Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10.          Europe: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Europe: Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Germany Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Germany Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          France Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 15.          France Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Italy Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Italy Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 18.          UK Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 19.          UK Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Russia Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Russia Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 22.          Rest of Europe Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of Europe Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 24.          Asia Pacific: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 25.          Asia Pacific: Compact Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26.          Australia: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 27.          Australia: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 28.          China: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 29.          China: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 30.          India Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 31.          India Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 32.          Japan: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 33.          Japan: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 34.          South Korea: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 35.          South Korea: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 36.          Rest of Asia Pacific: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 37.          Rest of Asia Pacific: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 38.          Middle East and Africa: Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 39.          Middle East and Africa: Compact Laminate Market, by Application – Revenue and Forecast to 2028  (USD Million)

Table 40.          South Africa Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 41.          South Africa Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 42.          Saudi Arabia Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 43.          Saudi Arabia Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 44.          UAE Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 45.          UAE Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 46.          Rest of Middle East and Africa Compact Laminate Market, by Product – Revenue and Forecast to 2028  (USD Million)

Table 47.          Rest of Middle East and Africa Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 48.          South America: Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 49.          South America: Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 50.          Brazil Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 51.          Brazil Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 52.          Argentina Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 53.          Argentina Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 54.          Rest of South and Central America Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 55.          Rest of South and Central America Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 56.          Glossary of Terms, Compact Laminate Market

 

LIST OF FIGURES

Figure 1.           Global Compact Laminate Market Segmentation

Figure 2.           Global Compact Laminate Market Segmentation – By Geography

Figure 3.           Global Compact Laminate Market Overview

Figure 4.           Internal Wall Cladding Segment Held Largest Share of Global Compact Laminate Market

Figure 5.           Asia Pacific Region Held Largest Share of Global Compact Laminate Market

Figure 6.           Global Compact Laminate Market, Industry Landscape

Figure 7.           Porter’s Five Forces Analysis

Figure 8.           Compact Laminate Market, Ecosystem

Figure 9.           Expert Opinion

Figure 10.        Global Compact Laminate Market Impact Analysis of Drivers and Restraints

Figure 11.        Geographic Overview of Global Compact Laminate Market

Figure 12.        Global: Compact Laminate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13.        Global Compact Laminate Market Breakdown, by Product, 2020 & 2028

Figure 14.        External Wall Cladding: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Internal Wall Cladding: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Standard Compact: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Others: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Global Compact Laminate Market Breakdown, by Application, 2020 & 2028

Figure 19.        Residential: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Commercial: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Industrial: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Global Compact Laminate Market Revenue Share, by Region (2020 and 2028)

Figure 23.        North America: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        North America: Compact Laminate Market Revenue Share, by Product (2020 and 2028)

Figure 25.        North America: Compact Laminate Market Revenue Share, by Application (2020 and 2028)

Figure 26.        North America: Compact Laminate Market Revenue Share, by Key Country (2020 and 2028)

Figure 27.        US: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Canada: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Mexico: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Europe: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Europe: Compact Laminate Market Revenue Share, By Product (2020 and 2028)

Figure 32.        Europe: Compact Laminate Market Revenue Share, by Application (2020 and 2028)

Figure 33.        Europe: Compact Laminate Market Revenue Share, by Key Country (2020 and 2028)

Figure 34.        Germany: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        France: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Italy: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        UK: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Russia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Rest of Europe: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Asia Pacific: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41.        Asia Pacific: Compact Laminate Market Revenue Share, By Product (2020 and 2028)

Figure 42.        Asia Pacific: Compact Laminate Market Revenue Share, by Application (2020 and 2028)

Figure 43.        Asia Pacific: Compact Laminate Market Revenue Share, by Key Country (2020 and 2028)

Figure 44.        Australia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45.        China: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46.        India: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 47.        Japan: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48.        South Korea: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49.        Rest of Asia Pacific: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50.        Middle East and Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51.        Middle East and Africa: Compact Laminate Market Revenue Share, by Product (2020 and 2028)

Figure 52.        Middle East and Africa: Compact Laminate Market Revenue Share, by Application (2020 and 2028)

Figure 53.        Middle East and Africa: Compact Laminate Market Revenue Share, by Key Country (2020 and 2028)

Figure 54.        South Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55.        Saudi Arabia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56.        UAE: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 57.        Rest of Middle East and Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 58.        South America: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59.        South America: Compact Laminate Market Revenue Share, by Product (2020 and 2028)

Figure 60.        South America: Compact Laminate Market Revenue Share, by Application (2020 and 2028)

Figure 61.        South America: Compact Laminate Market Revenue Share, by Key Country (2020 and 2028)

Figure 62.        Brazil: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 63.        Argentina: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 64.        Rest of South and Central America: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 65.        Impact of COVID-19 Pandemic in North America

Figure 66.        Impact of COVID-19 Pandemic in Europe

Figure 67.        Impact of COVID-19 Pandemic in Asia Pacific

Figure 68.        Impact of COVID-19 Pandemic in Middle East & Africa

Figure 69.        Impact of COVID-19 Pandemic in South and Central America

The List of Companies - Compact Laminate Market

 

  1. AICA Kogyo Co., Ltd.
  2. EGGER Group
  3. Greenlam Industries Ltd.
  4. Swiss Krono Group
  5. Trespa International B.V.
  6. Lamitech
  7. Kronoplus Limited
  8. Merino Laminates Ltd.
  9. Royal Crown
  10. Wilsonart LLC
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global compact laminate market, thereby allowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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Frequently Asked Questions

In 2020, internal wall cladding dominated the compact laminate market. Compact laminates are used in interior designs or internal wall cladding as it helps transform the house or the internal walls of the building and provide an aesthetic look. The compact laminates are used to create stylish wall panels with the use of designs, which include high gloss sheets, patterned laminates, and realistic-looking laminate wood. The design element of compact laminates adds warmth and a unique feel to the room. The compact laminates are also used for protecting the internal walls of a building from various kinds of damages such as water, scratch, soiling, graffiti, impact, minor burn markets, and fading along with enhancing the aesthetics of the interior.

The major players operating in the global compact laminate market are AICA Kogyo Co., Ltd.; EGGER Group; Greenlam Industries Ltd.; Wilsonart LLC; Merino Laminates Ltd.; Swiss Krono Group; Trespa International B.V.; Lamitech; Kronoplus Limited; and Royal Crown among many others.

In 2020, Asia Pacific was dominating as well as the fastest growing region for compact laminate market over the forecast period. This region is the centre for major manufacturers of compact laminate such as Aica Kogyo Co. Ltd, Greenlam Industries Ltd, Merino Laminates Ltd. among others which is going to provide various growth opportunities for the compact laminate market in Asia Pacific. The increase in demand of compact laminates for countertops that can be used in the kitchen as well as in the bathrooms are driving the growth of compact laminate market in Asia Pacific.

Commercial segment dominated the compact laminate market in 2020. Compact Laminate has various applications in the commercial sector and one of the major applications is using the compact laminate for restrooms and bathrooms. The compact laminates are an ideal choice for bathroom partitions as they are durable and water-resistant.

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