Wednesday, 10 May 2023 04:00 AM
Company Update
NEWARK, DE / ACCESSWIRE / May 10, 2023 / In 2023, it's anticipated that the size of the Décor Paper Market in Europe will surpass a valuation of US$ 1,025.2 million. It is projected to expand even more between 2023 and 2032 at a CAGR of 3.7%.
By the end of 2032, it is expected to have a value of US$ 1,406.4 million. According to projections, the top 5 businesses will control between 50% and 55% of the Europe market.
The décor paper market in Europe manufactures both high-pressure laminates (HPL) and low-pressure laminates (LPL) to cater to various demands from end users. The production process of HPL entails the impregnation of a technical kraft paper with resin.
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It is followed by the collation of a decorative surface paper by pressing them together under high pressure. The swift process results in a highly durable decorative surface having wide versatility.
Décor papers are resistant to UV damage, heat, moisture, and everyday wear & tear, which makes them perfect for outdoor, as well as indoor decoration. HPL décor laminates are well suited for medium-impact to high-impact applications
A few of its applications are bathroom vanities, kitchen benchtops, and wall panelling, where it adheres to any solid substrate. Different grades of décor papers are available for diverse utilities.
For applications that require maximum impact resistance, horizontal HPL is the most suited décor paper grade. Vertical HPL is generally a thin product used for a stunning visual impact, most of the time with a speciality décor such as metallic.
Post-formable HPL can be heated to mold into a particular diameter, which is especially helpful for seamless designs of benchtops. For cubicles, locker systems, and other partition applications, compact laminate that showcases a double-sided, extra-thick, and self-supporting surface is used.
For compliance with regulations for fire safety standards, fire-resistant, as well as chemical abrasion-resistant HPL laminates are available. A wide range of applications of high-pressure laminates is generating a widespread demand for décor papers in Europe.
Key Takeaways from Europe Décor Paper Market Study:
- The Europe décor paper market witnessed a sluggish CAGR of 2.1% during the historical period.
- Germany's décor paper market is projected to accelerate at a CAGR of 4.7% during the forecast period.
- The low-pressure laminates (LPL) segment by application is estimated to showcase a CAGR of 3.8% from 2023 to 2032.
- Based on end use, the furniture and cabinets segment is projected to create an incremental opportunity of US$ 284.0 million during the forecast period.
- Russia's décor paper market is predicted to account for a market share of 16.8% in 2023.
"When properly cared for, décor papers are enduring and can serve as flooring laminates for more than ten years. These characteristics are likely to increase the value and adaptability of laminate flooring." - says a lead analyst at Future Market Insights (FMI)
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Competitive Landscape
Manufacturers in the Europe décor paper industry are offering a huge array of options to consumers for both interior and exterior designs. Different grades of décor papers offer various levels of dimensional stability, durability, color consistency, and resistance to breakage.
Few companies offer low-pressure and high-pressure laminates in a variety of basis weights that cater to several end uses. They also provide the option to mix and match the print, color, or texture of their décor paper to better suit their needs, which is a key driver for the market.
Belonging to an environment-centric region, several players in Europe are increasingly focusing on developing sustainable aspects of décor papers. They are innovating recyclable and biodegradable grades of décor paper. Numerous décor papers are also made from recycled materials, which are offering a greener front to the Europe décor paper industry.
The Major Key Players are:
- Ahlstrom-Munksjö Oyj
- Neodécortech S.p.A.
- Schoeller Technocell GmbH & Co. KG
- Koehler Paper
- Malta-Décor Sp. z.o.o.
- Surteco Group SE
- KÄMMERER Spezialpapiere GmbH
- Schatt Décor AG
- Kastamonu Entegre
- BMK-Lamigraf
- Others.
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For instance,
- Schoeller Technocell GmbH & Co. KG offers décor papers ranging from 40 to 150 gsm. It also delivers a variety of options in decor colors, which includes every shade and texture of the paper. These décor papers have high resistance, excellent printing surface, and can be used as a balancing layer in the laminate. It offers 130 to 250 gsm for edge banding décor papers.
- Manufacturers such as Ahlstrom-Munksjö are offering machine-finished papers for low-pressure & high-pressure laminates, which also include pre-impregnated papers.
Market Segmentations-
By Product Type:
- Print Base Paper
- Absorbent Kraft Paper
- Others (Barrier, Overlay)
By Basis Weight:
- Below 65 g/m2
- 65 to 80 g/m2
- 81 to 120 g/m2
- 120 Above g/m2
By Application:
- Low-Pressure Laminates
- High-Pressure Laminates
- Edge Banding
By End Use:
- Furniture & Cabinets
- Flooring
- Paneling
- Store Fixtures
Table of Content (ToC)
1. Executive Summary | Europe Décor Paper Market
1.1. Europe Market Outlook
1.2. Regional Market Outlook
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definition
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Development Trends
4. Market Demand (in Value US$ million) Analysis 2017 to 2022 and Forecast, 2023 to 2032
4.1. Historical Market Value (US$ million) Analysis, 2017 to 2022
4.2. Current and Future Market Value (US$ million) Projections, 2023 to 2032
5. Market Background
5.1. Key Perspectives: What Industry Leaders Are Saying?
5.2. Porter's Five Forces Analysis
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Get More Insights into Europe Décor Paper Market Report
Future Market Insights (FMI), in its new report, offers an unbiased analysis of the Europe décor paper market, analyzing historical demand from 2017 to 2022 and forecast statistics for 2023 to 2032. The study reveals growth projections on the Europe décor paper market based on product type (UNI-color paper, print base paper, absorbent kraft paper), basis weight (below 65 g/m2, 65 to 80 g/m2, 81 to 120 g/m2, 120 Above g/m2), application (low-pressure laminates, high-pressure laminates, edge banding), end use (furniture & cabinets, flooring, panelling, store fixtures), and country.
About the Packaging Division at Future Market Insights (FMI)
The packaging division at Future Market Insights (FMI) provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights (FMI) has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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