US demand for decorative laminates forecast to grow 5%/year to 12 bsf in 2018; main markets are cabinets, furniture, and store fixtures, accounting for 65% of demand, with cabinets to make most rapid gains: study

NEW YORK , March 10, 2014 (press release) – Reportlinker.com announces that a new market research report is available in its catalogue:

US Decorative Laminates Market
http://www.reportlinker.com/p0703285/US-Decorative-Laminates-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Wood,_Paper_and_Fiber

US demand to rise 5.0% annually through 2018

Demand for decorative laminates in the US is forecast to grow 5.0 percent per year to 12 billion square feet in 2018, a rebound from the declines of the 2008-2013 period. Renewed economic growth, along with rebounding construction activity, heightened credit availability, increased interest in home improvements, and pent-up demand for nonresidential upgrades, will provide opportunities for decorative laminates. These materials are utilized to surface a variety of building components such as cabinets, countertops, store fixtures and wall panels. The perception of decorative laminates as the workhorse surfacing material will support sales, particularly among value-conscious users. In addition, laminate manufacturers continue to focus on improved textures and printing techniques that rival the aesthetics of solid wood, natural stone and other materials, but at a lower cost.

Competition from alternative materials, however, continues to restrain gains.

Decorative laminates will face intense competition from wood in cabinet and flooring applications, and natural stone in countertops. Additionally, while recovering from the recession, end-users may have the resources to select higher-value materials. Laminates will also face competition as the number of potential surfacing options widens. For example, increased consumer awareness of luxury vinyl tile in flooring, engineered stone in countertops, and powder coatings in store fixtures will place some pressure on laminates as early adopters of new trends focus on these materials rather than the tried and true laminates.

Low-pressure overlays to post above-average growth

Demand for laminates made from lowpressure overlays (i.e., low-basis weight papers, saturated papers, decorative foils, and vinyl films), which account for more than 80 percent of decorative laminate sales in area terms, is forecast to post above-average growth through 2018. Demand will be driven by increased penetration of saturated papers in several markets, including cabinets and store fixtures, where the cost savings of lowpressure laminates outweigh the durability benefits of higher-priced high-pressure laminates. Performance improvements in all types of low-pressure laminates are continuing to fuel their adoption as a lowcost decorative surfacing material for furniture, cabinets, and store fixtures. Sales of high-pressure laminates will continue to benefit from their enhanced decorative properties, and advanced performance characteristics such as longterm durability, and resistance to scratches and other types of damage caused by wear and tear. Edgebanding demand will be limited by increased popularity of postforming and other curved edges, reducing requirements.

Cabinets to lead gains among the largest markets

Cabinets, furniture, and store fixtures were the largest markets for laminates in 2013, accounting for a combined 65 percent of total demand. Of these, the cabinet market is projected to post the most rapid gains, primarily due to a rebound in the housing market, which will provide greater cabinet requirements as cabinets are included in nearly all housing and are commonly replaced during home remodeling. Additionally, more cabinets will feature engineered wood, such as particleboard and mediumdensity fiberboard, and laminates will benefit from this trend.

Study coverage

This upcoming Freedonia industry study, Decorative Laminates, is available for $5100. It presents historical demand data (2003, 2008, 2013) plus forecasts (2018, 2023) by product and market. The study also considers key market environment factors, assesses US industry structure, evaluates company market share and profiles industry players.

Executive Summary
1 Summary Table
Market Environment
General
Macroeconomic Environment
Demographic Trends
Consumer Spending Environment
Building Construction Outlook
Residential Building Construction
Housing Completions
Housing Stock
Improvements & Repairs
Nonresidential Building Construction
Nonresidential Building Stock
Nonresidential Building Floor Space
Improvement & Repairs
Competitive Products Overview
Pricing
Environmental & Other Considerations
Foreign Trade
World Decorative Laminates Market

LIST OF TABLES & CHARTS

1 Macroeconomic Indicators
2 Populations & Households
3 Personal Consumption Expenditures
4 Building Construction Expenditures
5 Residential Building Construction
Expenditures
6 New Housing Indicators
7 Housing Stock by Type
Cht Year of Construction of Housing Stock, 2013
8 Residential Improvement
& Repair Expenditures
9 Nonresidential Building Construction
Expenditures
10 Nonresidential Building Stock
11 Nonresidential Building Floor space
12 Nonresidential Building Improvement
& Repair Expenditures
13 Decorative Laminates Pricing
Cht World Decorative Laminates Demand, 2013

RAW MATERIALS & PROCESSES

General
Raw Materials
Plastics
Phenolic
Melamine
Other Plastics
Overlays Demand
Paper
Vinyl Film & Other Overlays
Adhesives
Wood Substrates
Particleboard
Medium-Density Fiberboard
Other Substrates
Manufacturing Processes
High-Pressure Processes
Low-Pressure Processes
Continuous Processes
Direct Lamination Processes

LIST OF TABLES & CHARTS

1 Materials Demand in Decorative Laminates
2 Plastics Demand in Decorative Laminates
3 Overlays Used in Decorative Laminates
4 Paper Overlays Used in Decorative Laminates
5 Vinyl Film & Other Overlays
in Decorative Laminates
6 Adhesives Demand in Decorative Laminates
7 Wood Substrates Demand
in Decorative Laminates

PRODUCTS

General
Low-Pressure Laminates
Low-Basis Weight Papers
Product Characteristics
Markets & Suppliers
Saturated Papers
Product Characteristics
Markets & Suppliers
Vinyl Films
Product Characteristics
Markets & Suppliers
Decorative Foils
Product Characteristics
Markets & Suppliers
High-Pressure Laminates
Product Characteristics
Markets & Suppliers
Edgebanding
Product Characteristics
Markets & Suppliers

LIST OF TABLES & CHARTS

1 Decorative Laminates Demand by Type
Cht Decorative Laminates Demand by Type, 2013
2 Low-Pressure Decorative Laminates
Demand by Type
Cht Low-Pressure Decorative Laminates
Demand by Type, 2013
3 Low-Basis Weight Paper Decorative
Laminates Demand
4 Saturated paper Decorative
Laminates Demand
5 Vinyl Film Decorative Laminates Demand
6 Decorative Foil Laminates Demand
7 High-Pressure Decorative Laminates Demand
8 Edgebanding Demand

MARKETS

General
Cabinets
Cabinet Industry Outlook
Competitive Materials
Decorative Laminates Demand
Decorative Laminates Demand by Type
Decorative Laminates Demand
by Market Segment
Decorative Laminates Demand by Application
Furniture
Furniture Industry Outlook
Competitive Materials
Decorative Laminates Demand
Decorative Laminates Demand by Type
Decorative Laminates Demand
by Market Segment
Store Fixtures
Office & Commercial Building Construction Stock
Competitive Materials
Decorative Laminates Demand
Flooring
Flooring Industry Outlook
Competitive Materials
Decorative Laminates Demand
Decorative Laminates Demand by Market Segment
Wall Panels
Wall Panel Outlook
Competitive Materials
Decorative Laminates Demand
Countertops
Countertop Industry Outlook
Competitive Materials
Decorative Laminates Demand
Decorative Laminates Demand by Type
Decorative Laminates Demand
by Market Segment
Decorative Laminates Demand by End Use
Other Markets

LIST OF TABLES & CHARTS

1 Decorative Laminates Demand by Market
Cht Decorative Laminates Demand
by Market, 2013
2 Cabinet Industry Outlook
3 Cabinet Market for Decorative Laminates
4 Cabinet Market for Decorative
Laminates by Type
5 Cabinet Market For Decorative
Laminates by Segment
6 Cabinet Market for Decorative
Laminates by Application
Cht Cabinet Materials Demand by Type, 2013
7 Furniture Industry Outlook
8 Furniture Market for Decorative Laminates
9 Furniture market for Decorative
Laminates by Type
10 Furniture Market for Decorative
Laminates by Segment
11 Office & Commercial Building
Construction Stock Outlook
12 Store Fixture Market for Decorative Laminates
13 Flooring Industry Outlook
14 Flooring Market for Decorative
Laminates by Type
15 Flooring Market for Decorative
Laminates by Segment
Cht Hard Surface Flooring Shipments
by Surfacing Material, 2013
16 Wall Panel Industry Outlook
17 Wall Panel Market for Decorative
Laminates by Type & Segment
18 Countertop Industry Outlook
19 Countertop Market for Decorative Laminate
20 Countertop Market for Decorative
Laminates by Type
21 Countertop Market for Decorative
Laminates by Segment & Application
22 Countertop Market for Decorative
Laminates by End Use
Cht Countertop Demand by
Surfacing Material, 2013
23 Other Markets for Decorative Laminates

INDUSTRY STRUCTURE

Industry Composition
Market Share
Competitive Strategies
Research & Development
Distribution
Marketing
Acquisitions & Divestitures
Cooperative Agreements

LIST OF TABLES & CHARTS

1 US Decorative Laminate
Sales by Company, 2013
Cht Decorative Laminates Market Share, 2013
2 Selected Acquisitions & Divestitures
3 Selected Cooperative Agreements
Company Profiles

To order this report: US Decorative Laminates Market
http://www.reportlinker.com/p0703285/US-Decorative-Laminates-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Wood,_Paper_and_Fiber

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