IMARC Group has recently released a new research study titled "Europe Decorative Laminates Market: Industry Trends, Share, Size, Growth, Opportunity, and Future Prospects", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
Europe Decorative Laminates Market Report |
Europe Decorative Laminates Market Outlook:
Decorative laminates are primarily used in interior design and architecture. They are made by pressing layers of paper or fabric with resin under high pressure and temperature. The resulting sheet is then bonded to a substrate, such as particleboard, to create a decorative surface. One of the main advantages of decorative laminates includes durability, water and stains resistance, and anti-fade, making them suitable for kitchens and bathrooms. Compared to other decorative finishes, they are easier to maintain, more cost-effective, and offer a wider range of designs and colors. Currently, there are several types of decorative laminates available, including high-pressure, low-pressure, and compact laminates.
Europe Decorative Laminates Market Trends:
The decorative laminates market in Europe is primarily accelerated by the surging consumer living standards, which has considerably burgeoned per capita expenditure on home décor. Besides this, the shifting consumer inclination toward aesthetically appealing home interiors and corporate spaces is propelling the market growth. Furthermore, the escalating demand for ready-to-assemble (RTA) flooring, furniture, and cabinets and rapid urbanization are other growth-inducing factors. Furthermore, governments in the region are heavily investing in the refurbishment of historical monuments and remodeling activities in commercial and residential sectors, which, in turn, is creating a positive outlook for the market.
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Report Segmentation:
The report has segmented the market into the following categories:
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