U.S. – According to a study by the Freedonia Group, demand for decorative laminates in the US is forecast to increase 2.5 percent per year to 11.6 billion square feet  (1.1 billion m2) in 2020, valued at USD 6.8 billion. 

Growth in the production of building components (e.g., cabinets), as well as in related products (e.g., furniture), and the continued use of engineered wood in the manufacture of many of these items will pose opportunities for decorative laminates.

Cabinets and furniture were the two largest markets for laminates in 2015, together accounting for nearly half of demand. Of these, the cabinet market is projected to post the more rapid gains. Increases in the number of new homes built through 2020 will provide opportunities, since many of these new homes will include stock cabinets, which are often made using saturated paper and other low-pressure laminates on an engineered wood substrate.

The much smaller flooring market will also achieve above average annual gains. Domestic manufacturing of laminate flooring is experiencing a boost after certain imported products received negative press in early 2015 regarding alleged product safety. Further gains will be limited by the growing popularity of luxury vinyl tile, which is providing strong competition for laminate.

Demand for low-pressure laminates, which account for more than 80 percent of the market, is forecast to generate the fastest average annual gains through 2020, benefiting from strong growth in the manufacture of certain end use products such as cabinets. Advances will be driven by the significant use of low pressure laminates in the large cabinet and store fixture markets, where the cost advantages of these products outweigh the durability benefits of higher priced high-pressure laminates.

Más información en:  http://www.freedoniagroup.com/industry-study/3385/decorative-laminates.htm