Europe 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: TIPRE00024750 | Pages: 105 | Industry: Chemicals and Materials | Date: Sep 2021
Covid

Market Introduction

The Europe 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 market are focusing on producing compact laminates having melamine resin impregnated core. In August 2020, Kronoplus Limited provided compact laminates with a melamine resin surface, which have been tested in accordance with the internationally recognized ISO 22196:2011. This standard evaluates the antibacterial activities of plastics as well as other non-porous surfaces, measuring the level of reduction of bacteria over a 24-hour period along with measuring the effectiveness of the antibacterial properties on the surface. The test performed on the Kronoplus products including compact laminates has classified them as antibacterial, with a strong reduction value. The compact laminate made from melamine resin surface is inherently hygienic and can be disinfected, which is because of the density of its surface and ease of cleaning. The antibacterial protection on compact laminates delays the growth of up to 99.9% of the most frequent bacteria. Also, EGGER Group has produced compact laminates, which are made of melamine-resin-impregnated core papers and are used in tabletops and worktops, shop fittings, as well as individual furniture with special design requirements. Additionally, it has an antibacterial surface property, which is in accordance with ISO 22196. Thus, these innovative products are providing various growth opportunities in the compact laminate market.

Europe has reported a huge number of COVID-19 positive cases, especially in Russia, which led to the discontinuation of compact laminate manufacturing activities. The downfall of other chemical and materials manufacturing sectors negatively impacted the demand for compact laminates during the early months of 2020. Moreover, the decline in the overall interior and outdoor designing activities has led to discontinuation of compact laminate manufacturing projects. A similar trend was witnessed in other Europe countries, i.e., France, the UK, Spain, Italy, Germany, and Poland. However, the countries are likely to overcome this drop with the economic activities regaining their pace in 2021.


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Market Overview and Dynamics

The compact laminate market in Europe is expected to grow from US$ 784.70 million in 2021 to US$ 971.62 million by 2028; it is estimated to grow at a CAGR of 3.1% from 2021 to 2028. An increasing trend of renovating the existing buildings in Europe is providing various growth opportunities for the compact laminate market. In 2020, the European Commission provided the EU's "renovation wave", which is aimed at doubling the renovation rate of existing buildings in the next 10 years, while improving energy efficiency across to reduce associated emissions. The European Commission is planning to renovate more than 35 million buildings over the next ten years which is going to create a lot of opportunities for the compact laminate market to be used in such remodeling and renovation activities. Along with this, the presence of various manufacturing companies such as EGGER Group, Kronoplus Limited, and Greenlam Industries Limited will drive the demand for the compact laminate market by providing innovative products to the consumers. Kronoplus Limited is manufacturing antibacterial compact laminates, which delay the growth of bacteria. Thus, such innovations will provide growth opportunities for the compact laminate market in Europe.

Key Market Segments

Based on product, the interior wall cladding segment accounted for the largest share of the Europe compact laminate market in 2020. Based on application, the commercial segment accounted for the largest share of the Europe 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 Europe 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 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 Europe 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 Europe compact laminate market
  • Efficiently plan M&A and partnership deals in Europe 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 Europe compact laminate market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in Europe region.



Europe Compact Laminate Market Segmentation

Europe Compact Laminate Market -By Product

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

Europe Compact Laminate Market -By Application

  • Residential
  • Commercial
  • Industrial

Europe Compact Laminate Market – By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Compact Laminate Market – Company Profiles

  • EGGER Group
  • Greenlam Industries Ltd.
  • Swiss Krono Group
  • Trespa International B.V.
  • Lamitech Inc.
  • Kronoplus Limited
  • Merino Laminates Ltd.
  • Royal Crown
  • Wilsonart 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.           Europe 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        Rapid Use of Compact Laminate for Interior Design

5.1.2        Diversified Application Base of Compact Laminate

5.2         Restraints

5.2.1        Fluctuations in the Prices of Raw Material

5.3         Opportunities

5.3.1        Innovative Developments in Compact Laminate Market

5.4         Future Trends

5.4.1        Rise in Focus on Research & Development

5.5         Impact Analysis of Drivers and Restraint

6.           Compact Laminates Market– Europe Analysis

6.1         Europe Market Overview

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

7.           Europe Compact Laminate Market Analysis – By Product

7.1         Overview

7.2         Europe 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.           Europe Compact Laminate Market Analysis – By Application

8.1         Overview

8.2         Europe 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         Europe: Compact Laminate Market

9.1.1        Europe: Compact Laminate Market, by Key Country

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

9.1.1.1.1          Germany: Compact Laminate Market, By Product

9.1.1.1.2          Germany: Compact Laminate Market, by Application

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

9.1.1.2.1          France: Compact Laminate Market, By Product

9.1.1.2.2          France: Compact Laminate Market, by Application

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

9.1.1.3.1          Italy: Compact Laminate Market, By Product

9.1.1.3.2          Italy: Compact Laminate Market, by Application

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

9.1.1.4.1          UK: Compact Laminate Market, By Product

9.1.1.4.2          UK: Compact Laminate Market, by Application

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

9.1.1.5.1          Russia: Compact Laminate Market, By Product

9.1.1.5.2          Russia: Compact Laminate Market, by Application

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

9.1.1.6.1          Rest of Europe: Compact Laminate Market, By Product

9.1.1.6.2          Rest of Europe: Compact Laminate Market, by Application

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

10.1      Impact of COVID-19 on Compact Laminates Market

10.2      Europe: 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      EGGER Group

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      Greenlam Industries Ltd.

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      Swiss Krono Group

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      Trespa International B.V.

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      Lamitech Inc.

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      Kronoplus Limited

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      Merino Laminates Ltd.

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      Royal Crown

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      Wilsonart LLC

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

13.        Appendix

13.1      About The Insight Partners

             13.2      Glossary of Terms

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.          Glossary of Terms, Compact Laminate Market

LIST OF FIGURES

Figure 1.           Europe Compact Laminate Market Segmentation

Figure 2.           Europe Compact Laminate Market Segmentation – By Country

Figure 3.           Europe Compact Laminate Market Overview

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

Figure 5.           Germany Held Largest Share of Europe Compact Laminate Market

Figure 6.           Europe Compact Laminate Market, Industry Landscape

Figure 7.           Porter’s Five Forces Analysis

Figure 8.           Compact Laminate Market, Ecosystem

Figure 9.           Expert Opinion

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

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

Figure 12.        Europe 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.        Europe 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.        Europe: Compact Laminate Market, by Key Country – Revenue (2020) (USD Million)

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

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

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

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

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

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

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

Figure 29.        Impact of COVID-19 Pandemic in Europe  
  1. EGGER Group
  2. Greenlam Industries Ltd.
  3. Swiss Krono Group
  4. Trespa International B.V.
  5. Lamitech Inc.
  6. Kronoplus Limited
  7. Merino Laminates Ltd.
  8. Royal Crown
  9. Wilsonart LLC
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