India Decorative Laminates Market Size To Reach US$ 2.8 Billion, (CAGR) of 5.1% by 2032

IMARC Group, a leading market research company, has recently releases report titled "India Decorative Laminates Market Report by Product Type (High Pressure Laminates, Low Pressure Laminates), Application (Furniture and Cabinets, Flooring, Wall Panels, and Others), End Use (Non-Residential, Residential, Transportation), Texture (Matte/Suede, Glossy), Pricing (Mass, Premium), Sector (Organised, Unorganised), and Region 2024-2032". The India decorative laminates market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.

Request to Get the Sample Report: https://www.imarcgroup.com/india-decorative-laminates-market/requestsample

India Decorative Laminates Market Overview:

The growing need for aesthetically appealing as well as cost-effective home and office interiors are the factors responsible for the growth of the India decorative laminates market. Additionally, as urbanization accelerates and disposable incomes rise, consumers are investing more in stylish and durable interior solutions. Decorative laminates, known for their variety of designs, textures, and finishes, are becoming a popular choice for furniture, cabinetry, and wall panels.

Besides this, the versatility and affordability of laminates compared to traditional materials like wood and stone make them highly attractive to both residential and commercial sectors. Moreover, advancements in printing and surface technology are allowing manufacturers to offer more realistic and high-quality laminate designs, further boosting their appeal.

India Decorative Laminates Market Trends and Drivers:

Another significant driver is the growing focus on sustainable and eco-friendly building materials. In addition to this, consumers and builders are opting for materials that have a lower environmental impact, increasing environmental awareness. Many decorative laminate manufacturers in India are responding to this demand by adopting sustainable practices and using eco-friendly raw materials, such as recycled wood and low-emission adhesives, thereby positively impacting the market.

Furthermore, the push for housing and infrastructure development by government authorities, under initiatives like the Pradhan Mantri Awas Yojana and Smart Cities Mission, is creating a substantial demand for decorative laminates in the construction sector. The expanding retail sector, along with the rise of e-commerce platforms, is also making it easier for consumers to access a wide range of laminate products, which is anticipated to drive the India decorative laminates market over the forecasted period.

India Decorative Laminates Market Segmentation:

Breakup by Product Type:

• High Pressure Laminates
• Low Pressure Laminates

Breakup by Application:

• Furniture and Cabinets
• Flooring
• Wall Panels
• Others

Breakup by End Use:

• Non-Residential
• Residential
• Transportation

Breakup by Texture:

• Matte/Suede
• Glossy

Breakup by Pricing:

• Mass
• Premium

Breakup by Sector:

• Organised
• Unorganised

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3597&flag=C

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact US:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.