Asia Pacific Compact Laminate Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (External Wall Cladding, Internal Wall Cladding, Standard Compact, and Others) and Application (Residential, Commercial, and Industrial)

Code: TIPRE00024752 | Pages: 113 | Industry: Chemicals and Materials | Date: Sep 2021
Covid

Market Introduction

The Asia Pacific compact laminate market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The manufacturers in the compact laminate market are focusing on R&D to provide compact laminates. There has been a rising trend in compact laminate manufacturers to provide compact laminate having antibacterial properties. Due to the COVID-19 pandemic, companies are focusing on providing COVID-19 resistant laminates. For instance, in November 2020, Greenlam Industries introduced the first COVID-19 resistant laminates along with antifungal and antibacterial properties. The laminate has proven effective against SARS-COV-2 with 99% efficacy within 20 minutes. The manufacturers are focusing on producing best-in-class as well as health safe products to the consumers. The demand for antiviral products has encouraged laminate manufacturers to produce surfaces that will be safe to touch. Thus, focus on R&D to produce technologically superior quality surface is going to be one of the major trends in the compact laminate market.

Asia Pacific has reported a huge number of COVID-19 cases, especially in India. This has led to the discontinuation of compact laminate manufacturing activities. The downfall of other chemical and materials manufacturing industries negatively impacted the demand for compact laminate during the early months of 2020. Moreover, the decline in the overall interior and outdoor designing activities has led to the discontinuation of compact laminate manufacturing projects. A similar trend was witnessed in other Asia Pacific countries, i.e., Japan, China, and Australia. However, the countries are likely to overcome this drop with the economic activities regaining their pace, especially at the beginning of 2021.

 


Get more information on this report :



Market Overview and Dynamics

The compact laminate market in Asia Pacific is expected to grow from US$ 1,840.77 million in 2021 to US$ 2,529.97 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028. The increase in residential and commercial construction will lead to an increased demand for interior decoration or design. The consumer’s choice and innovative ideas have an impact on house renovation along with choosing various types of furniture and furnishings to alter a living room or bedroom or even a bathroom. The increased demand for interior design or home decoration in Asia Pacific is due to the rise in the construction of new buildings as well as commercial spaces. The offices, clubs, and homes owners are inclining toward creative interior designing, which requires home decor products to justify the creativity and ideas of the designer. The rising trend of using compact laminates to provide fashionable as well as an aesthetic look and feel will increase its demand in the interior design market. The home designing trends continue to change, thus the textures, designs, and colors of the compact laminates should also change and evolve according to the latest trends. Therefore, it is essential for market players to manufacture trending compact laminates to sustain business growth. Along with this, an increased presence of domestic and international compact laminate players in Asia Pacific is providing various growth opportunities for the market. For instance, Greenland Industries Ltd. announced a capacity expansion for laminates in Nalagarh, Himachal Pradesh, India. The expanded capacity will be manufacturing an additional 1.6 million laminates sheets per annum. Thus, such expansion will boost production and will drive the compact laminate market in the Asia Pacific.

Key Market Segments

Based on product, the interior wall cladding segment accounted for the largest share of the Asia Pacific compact laminate market in 2020. Based on application, the commercial segment accounted for the largest share of the Asia Pacific compact laminate market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Asia Pacific compact laminate market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Aica Kogyo Co., Ltd.; EGGER Group; Greenlam Industries Ltd.; Wilsonart LLC; Merino Laminates Ltd.; Swiss Krono Group; Trespa International B.V.; Lamitech Inc.; Kronoplus Limited; and Royal Crown.

Reasons to buy report

  • To understand the Asia Pacific compact laminate market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific compact laminate market
  • Efficiently plan M&A and partnership deals in Asia Pacific compact laminate market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific compact laminate market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in Asia Pacific region.



Asia Pacific Compact Laminate Market Segmentation

Asia Pacific Compact Laminate Market -By Product

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

Asia Pacific Compact Laminate Market -By Application

  • Residential
  • Commercial
  • Industrial

Asia Pacific Compact Laminate Market – By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Asia Pacific Compact Laminate Market – Company Profiles

  • Aica Kogyo Co. Ltd.
  • EGGER Group
  • Greenlam Industries Ltd.
  • Swiss Krono Group
  • Trespa International B.V.
  • Lamitech Inc.
  • Kronoplus Limited
  • Merino Laminates Ltd.
  • Royal CrownWilsonart LLC  

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.           Asia Pacific 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          Incrementing Usage of Compact Laminate for Interior Design

5.1.2          Several Applications of Compact Laminate

5.2          Restraints

5.2.1          Fluctuation in Raw Material Prices

5.3          Opportunities

5.3.1          Development of Innovative Compact Laminate

5.4          Future Trends

5.4.1          An Upsurge in the Focus on Research & Development

5.5          Impact Analysis of Drivers and Restraint

6.           Compact Laminate– Asia Pacific Analysis

6.1          Asia Pacific Market Overview

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

7.           Asia Pacific Compact Laminate Market Analysis – By Product

7.1          Overview

7.2          Asia Pacific 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.           Asia Pacific Compact Laminate Market Analysis – By Application

8.1          Overview

8.2          Asia Pacific 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 – Country Analysis

9.1          Asia Pacific: Compact Laminate Market

9.1.1          Asia Pacific: Compact Laminate Market, by Key Country

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

9.1.1.1.1             Australia: Compact Laminate Market, By Product

9.1.1.1.2             Australia: Compact Laminate Market, by Application

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

9.1.1.2.1             China: Compact Laminate Market, By Product

9.1.1.2.2             China: Compact Laminate Market, by Application

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

9.1.1.3.1             India: Compact Laminate Market, By Product

9.1.1.3.2             India: Compact Laminate Market, by Application

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

9.1.1.4.1             Japan: Compact Laminate Market, By Product

9.1.1.4.2             Japan: Compact Laminate Market, by Application

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

9.1.1.5.1             South Korea: Compact Laminate Market, By Product

9.1.1.5.2             South Korea: Compact Laminate Market, by Application

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

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

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

10.        Overview – Impact of COVID-19 on Asia Pacific Compact Laminate Market

10.1        Impact of COVID-19 on Compact Laminates Market

10.2        Asia Pacific: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1        Overview

11.2        Product Launch

11.3        Merger & Acquisition

11.4        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 Inc.

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

Table 2.              Australia: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 3.              Australia: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.              China: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 5.              China: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.              India Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 7.              India Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.              Japan: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 9.              Japan: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

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

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

Table 12.            Rest of Asia Pacific: Compact Laminate Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 13.            Rest of Asia Pacific: Laminate Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.            Glossary of Terms, Compact Laminate Market

LIST OF FIGURES

Figure 1.            Asia Pacific Compact Laminate Market Segmentation

Figure 2.            Asia Pacific Compact Laminate Market Segmentation – By Country

Figure 3.            Asia Pacific Compact Laminate Market Overview

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

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

Figure 6.            Asia Pacific Compact Laminate Market, Industry Landscape

Figure 7.            Porter’s Five Forces Analysis

Figure 8.            Compact Laminate Market, Ecosystem

Figure 9.            Expert Opinion

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

Figure 11.          Asia Pacific: Compact Laminate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 12.          Asia Pacific Compact Laminate Market Breakdown, by Product, 2020 & 2028

Figure 13.          External Wall Cladding: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

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

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

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

Figure 17.          Asia Pacific Compact Laminate Market Breakdown, by Application, 2020 & 2028

Figure 18.          Residential: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

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

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

Figure 21.          Asia Pacific: Compact Laminate Market, by Key Country – Revenue (2020) (USD Million)

Figure 22.          Asia Pacific: Compact Laminate Market Revenue Share, by Key Country (2020 and 2028)

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

Figure 24.          China: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.          India: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.          Japan: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

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

Figure 28.          Rest of Asia Pacific: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.          Impact of COVID-19 Pandemic in Asia Pacific  
  1. Aica Kogyo Co. Ltd.
  2. EGGER Group
  3. Greenlam Industries Ltd.
  4. Swiss Krono Group
  5. Trespa International B.V.
  6. Lamitech Inc.
  7. Kronoplus Limited
  8. Merino Laminates Ltd.
  9. Royal Crown
  10. Wilsonart LLC
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific compact laminate market.
  • 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 Asia Pacific compact laminate market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific compact laminate market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Related Tags Asia Pacific Compact Laminate Market Asia Pacific Compact Laminate Market Research Asia Pacific Compact Laminate Market Insight Asia Pacific Compact Laminate Market Trends Asia Pacific Compact Laminate Market Forecast Asia Pacific Compact Laminate Market Share Asia Pacific Compact Laminate Market 2028 Asia Pacific Compact Laminate Market Growth Asia Pacific Compact Laminate Industry Sector Asia Pacific Compact Laminate PDF Report Asia Pacific Compact Laminate Analysis Asia Pacific Compact Laminate Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000