Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.32 Billion | USD 11.98 Billion | 6.36% | 2022 |
FrequentlyAsked Questions
High-pressure laminate (HPL) is a decorative material and belongs to the family of traditionally used highly popular plastic laminate.
The global high-pressure laminate HPL market is projected to grow owing to the rising trend of building and designing aesthetically pleasing restaurants, cafes, hotels, and other eateries.
According to study, the global high-pressure laminate HPL market size was worth around USD 7.32 billion in 2022 and is predicted to grow to around USD 11.98 billion by 2030.
The CAGR value of the high-pressure laminate HPL market is expected to be around 6.36% during 2023-2030
The global high-pressure laminate HPL market will be dominated by Asia-Pacific during the forecast period.
The global high-pressure laminate HPL market is led by players like Wilsonart LLC, Formica Corporation, Kronospan Holdings Ltd., Laminex Group, Abet Laminati S.p.A., Greenlam Industries Ltd., Arpa Industriale S.p.A., Durian Laminates, Trespa International B.V., Stylam Industries Limited, Merino Group, Finsa - Fibras Industriales S.A., FunderMax GmbH, Shaw Industries Group, Inc., Pionite Surfaces, and Abet Laminati UK Ltd. among many others.
The report explores crucial aspects of the high-pressure laminate HPL market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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