Middle East and Africa 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)
Market Introduction
The Middle East and Africa 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.
The Middle East and Africa reported a huge number of COVID-19 cases, especially in South Africa, which has led to the discontinuation of compact laminate manufacturing activities. The downfall of 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 Middle Eastern and African countries, i.e., the UAE and Saudi Arabia. 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 Middle East and Africa is expected to grow from US$ 210.06 million in 2021 to US$ 252.58 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2021 to 2028. The demand for cladding products in the Middle East and Africa is one of the factors that is driving the compact laminate market in the region. The increase in the refurbishment projects for multi-storied and multifamily construction is driving the demand for external cladding products, which, in turn is leading to an increase in demand for compact laminates. The refurbishment activities for existing buildings and communities are growing year-on-year in the Middle East and Africa, which is providing growth opportunities for the compact laminate market in the region. Consumers in the Middle East and Africa are demanding customized rain-screen cladding, which is providing an opportunity for the compact laminate manufacturers in the region to provide such customized products and boost the growth of the compact laminate market.
Key Market Segments
Based on product, the interior wall cladding segment accounted for the largest share of the Middle East and Africa compact laminate market in 2020. Based on application, the commercial segment accounted for the largest share of the Middle East and Africa 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 Middle East and Africa 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; and Trespa International B.V.
Reasons to buy report
- To understand the Middle East and Africa 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 Middle East and Africa compact laminate market
- Efficiently plan M&A and partnership deals in Middle East and Africa 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 Middle East and Africa compact laminate market
- Obtain market revenue forecast for market by various segments from 2019-2028 in Middle East and Africa region.
Middle East and Africa Compact Laminate Market Segmentation
Middle East and Africa Compact Laminate Market -By Product
- External Wall Cladding
- Internal Wall Cladding
- Standard Compact
- Others
Middle East and Africa Compact Laminate Market -By Application
- Residential
- Commercial
- Industrial
Middle East and Africa Compact Laminate Market – By Country
- US
- Canada
- Mexico
Middle East and Africa Compact Laminate Market – Company Profiles
- EGGER Group
- Greenlam Industries Ltd.
- Swiss Krono Group
- Trespa International B.V.
- Merino Laminates Ltd.
- Wilsonart LLC
TABLE OF CONTENTS
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. Middle East and Africa 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 Rising Usage of Compact Laminate for Interior Design
5.1.2 Wide Application Base of Compact Laminate
5.2 Restraints
5.2.1 Fluctuating Prices of Raw Material
5.3 Opportunities
5.3.1 Rapid Innovations in Compact Laminate Market
5.4 Future Trends
5.4.1 Heightening Focus on Research & Development
5.5 Impact Analysis of Drivers and Restraint
6. Compact Laminate Market– Middle East and Africa Analysis
6.1 Middle East and Africa Market Overview
6.2 Compact Laminate Market –Revenue and Forecast To 2028 (US$ Million)
7. Middle East and Africa Compact Laminate Market Analysis – By Product
7.1 Overview
7.2 Middle East and Africa 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. Middle East and Africa Compact Laminate Market Analysis – By Application
8.1 Overview
8.2 Middle East and Africa 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. Middle East and Africa Compact Laminate Market – Country Analysis
9.1 Middle East and Africa: Compact Laminate Market
9.1.1 Middle East and Africa: Compact Laminate Market, by Key Country
9.1.1.1 South Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa: Compact Laminate Market, by Product
9.1.1.1.2 South Africa: Compact Laminate Market, by Application
9.1.1.2 Saudi Arabia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Arabia: Compact Laminate Market, by Product
9.1.1.2.2 Saudi Arabia: Compact Laminate Market, by Application
9.1.1.3 UAE: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE: Compact Laminate Market, by Product
9.1.1.3.2 UAE: Compact Laminate Market, by Application
9.1.1.4 Rest of Middle East and Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of Middle East and Africa: Compact Laminate Market, by Product
9.1.1.4.2 Rest of Middle East and Africa: Compact Laminate Market, by Application
10. Overview – Impact of COVID-19 on Middle East and Africa Compact Laminate Market
10.1 Impact of COVID-19 on Compact Laminates Market
10.2 Middle East & Africa: 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 Merino Laminates Ltd.
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 Wilsonart LLC
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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of TermsLIST OF TABLES
Table 1. Middle East and Africa: Compact Laminate Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. South Africa Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 3. South Africa Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 4. Saudi Arabia Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 5. Saudi Arabia Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. UAE Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 7. UAE Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Rest of Middle East and Africa Compact Laminate Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 9. Rest of Middle East and Africa Compact Laminate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. Glossary of Terms, Compact Laminate MarketLIST OF FIGURES
Figure 1. Middle East and Africa Compact Laminate Market Segmentation
Figure 2. Middle East and Africa Compact Laminate Market Segmentation – By Country
Figure 3. Middle East and Africa Compact Laminate Market Overview
Figure 4. Internal Wall Cladding Segment Held Largest Share of Middle East and Africa Compact Laminate Market
Figure 5. Rest of MEA Held Largest Share of Middle East and Africa Compact Laminate Market
Figure 6. Middle East and Africa Compact Laminate Market, Industry Landscape
Figure 7. Porter’s Five Forces Analysis
Figure 8. Compact Laminate Market, Ecosystem
Figure 9. Expert Opinion
Figure 10. Middle East and Africa Compact Laminate Market Impact Analysis of Drivers and Restraints
Figure 11. Middle East and Africa: Compact Laminate Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12. Middle East and Africa 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. Middle East and Africa 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. Middle East and Africa: Compact Laminate Market, by Key Country – Revenue (2020) (USD Million)
Figure 22. Middle East and Africa: Compact Laminate Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. South Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Saudi Arabia: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. UAE: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Middle East and Africa: Compact Laminate Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in Middle East & Africa- EGGER Group
- Greenlam Industries Ltd.
- Swiss Krono Group
- Trespa International B.V.
- Merino Laminates Ltd.
- Wilsonart LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa compact laminate market.
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- Scrutinize in-depth Middle East and Africa market trends and outlook coupled with the factors driving the Middle East and Africa compact laminate market, as well as those hindering it
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