
Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
CAGR | 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Decorative Laminates Market Analysis
The Decorative Laminates Market is expected to register a CAGR of greater than 3% during the forecast period.
Furniture application is expected to dominate the market studied over the forecast period owing to the increasing construction industry.
Asia-Pacific region is expected to dominate the global decorative laminates market and is also forecasted to be the fastest-growing region over the forecast period.
Decorative Laminates Market Trends
Furniture Application to Dominate the Market
- Decorative laminates are used in various applications in the furniture industry. Decorative laminates are primarily used on wooden furniture to give it a more attractive look. It is mainly decorative or kraft paper soaked in phenyl formaldehyde.
- The growing middle-class population, coupled with increasing disposable incomes, has facilitated an expansion in the middle-class housing segment, thereby, increasing the demand for furniture, globally.
- China has the largest furniture industry in the world in terms of production, consumption as well as exports. The growing non-residential sector in the country is driving the demand for furniture in the country, which is further projected to support the demand for the decorative laminates in the near future.
- Additionally, the development of smart cities all over the world is rapidly increasing in recent times. By 2020, the smart city industry is expected to grow, with a revenue of around USD 400 billion.
- Thus growing construction activities is expected to boost the demand for furniture which further is expected to boost the demand for the market studied in coming years.

Asia-Pacific Region to Dominate the Market
- Asia-Pacific region is expected to dominate the global decorative laminates market and is also forecasted to be the fastest-growing region over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.
- Increasing construction activities in countries such as China, India, Japan among others are expected to boost the demand for furniture, wall panels, cabinets, etc. which further is expected to drive the demand for decorative laminates in the coming years.
- In China, there are numerous airport construction projects that are either in development or the planning phase. These include Beijing Capital International Airport, Chengdu Shuangliu International Airport, Chongqing Jiangbei International Airport, and Guangzhou Baiyun International Airport, among others.
- According to Invest India, the Indian construction industry is expected to grow at a CAGR of 15.7% from 2017-2022 and is projected to value USD 738.5 billion in 2022. Additionally, initiatives, such as 'Housing for All' and 'Smart City Mission', is expected to drive the growth of the construction sector in India.
- Furthermore, countries such as Japan, ASEAN countries have also been contributing to the growth of the market studied. Such factors are expected to further drive the demand for decorative laminates market over the forecast period.

Decorative Laminates Industry Overview
The global decorative laminates market is partially fragmented in nature with many healthy competitors in the market. The major companies are Greenlam Industries Limited, Merino Laminates Ltd, OMNOVA Solutions Inc., FunderMax, and Wilsonart LLC among others.
Decorative Laminates Market Leaders
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OMNOVA Solutions Inc.
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Wilsonart LLC
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Merino Laminates Ltd
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Greenlam Industries Limited
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FunderMax
- *Disclaimer: Major Players sorted in no particular order

Decorative Laminates Market News
Decorative Laminates Industry Segmentation
The Decorative Laminates market report includes:
Raw Material | Plastic Resin | ||
Overlays | |||
Adhesives | |||
Wood Substrate | |||
Others | |||
Application | Furniture | ||
Cabinets | |||
Flooring | |||
Wall Panels | |||
Others | |||
End-user Industry | Residential | ||
Non-residential | |||
Transportation | |||
Geography | Asia-Pacific | China | |
India | |||
Japan | |||
South Korea | |||
Rest of Asia-Pacific | |||
North America | United States | ||
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
Italy | |||
France | |||
Rest of Europe | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Middle-East and Africa | Saudi Arabia | ||
South Africa | |||
Rest of Middle-East and Africa |
Decorative Laminates Market Research FAQs
What is the current Decorative Laminates Market size?
The Decorative Laminates Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)
Who are the key players in Decorative Laminates Market?
OMNOVA Solutions Inc., Wilsonart LLC, Merino Laminates Ltd, Greenlam Industries Limited and FunderMax are the major companies operating in the Decorative Laminates Market.
Which is the fastest growing region in Decorative Laminates Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Decorative Laminates Market?
In 2025, the Asia Pacific accounts for the largest market share in Decorative Laminates Market.
What years does this Decorative Laminates Market cover?
The report covers the Decorative Laminates Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Decorative Laminates Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Decorative Laminates Industry Report
Statistics for the 2025 Decorative Laminates market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Decorative Laminates analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.