Press Release

GCC Decorative Laminates Market is Expected to Register a CAGR of 7.17% Through 2030F

Increased Awareness of Eco-Friendly & Sustainable Building Materials, Growing construction & infrastructure development and rising consumer preference for aesthetic & functional interiors are the likely to drive the market during the forecast period.


According to TechSci Research report, “GCC Decorative Laminates Market – By Country, Competition, Forecast and Opportunities, 2020-2030F”, GCC Decorative Laminates Market was valued at USD 3.13 Billion in 2024 and is expected to reach USD 4.78 Billion by 2030 with a CAGR of 7.17% during the forecast period. The hospitality and tourism sector is a significant contributor to the economy in GCC countries, particularly in the UAE and Saudi Arabia, which are known for their ambitious efforts to attract international tourists. With mega-projects like Dubai Expo 2020, Saudi Arabia's Vision 2030, and Qatar's World Cup 2022, the need for hotels, resorts, restaurants, and entertainment venues has soared. This expansion has created substantial demand for decorative laminates, which provide an efficient, aesthetically pleasing, and durable solution for high-traffic areas in hospitality environments. Hotels and restaurants often look for interior materials that can withstand heavy usage, are easy to maintain, and align with design trends — all of which laminates offer.

Decorative laminates are particularly valuable in hospitality for their ability to mimic luxurious materials like wood, marble, and stone at a fraction of the cost. They enable hotels and restaurants to create visually appealing, themed interiors that enhance the guest experience. Furthermore, laminate options with antibacterial or stain-resistant properties are particularly attractive in hospitality settings where hygiene and cleanliness are essential. The ongoing expansion of the GCC’s hospitality and tourism sector, along with a commitment to quality and luxury, ensures a steady demand for high-quality decorative laminates. As new hospitality projects continue to emerge across the region, the laminates market is positioned for robust growth.


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In terms of application, Furniture & Cabinets held the largest market share in 2024.  Furniture and cabinets dominated the GCC Decorative Laminates market due to the high demand for aesthetically appealing, durable, and cost-effective interior solutions in both residential and commercial settings. Rapid urbanization and a strong focus on real estate development have fueled the construction of new residential complexes, hotels, offices, and retail spaces across the region. This growth has led to increased demand for stylish and functional furniture and cabinetry, where decorative laminates are widely used for their versatility and affordability compared to alternatives like solid wood or stone.

Decorative laminates offer a broad range of colors, textures, and finishes, allowing designers and homeowners to customize interiors without exceeding budgets. They also provide durability, scratch resistance, and low-maintenance benefits, making them ideal for frequently used surfaces such as kitchen cabinets, wardrobes, and office furniture. Additionally, GCC consumers have a growing preference for modern, contemporary designs that can be achieved with laminates, which offer cost-effective solutions that balance both appearance and durability. The affordability, ease of maintenance, and design flexibility of decorative laminates have cemented their popularity in furniture and cabinetry applications, driving their dominant position in the GCC market.

In terms of region, UAE is the fastest growing country in the GCC Decorative Laminates Market, driven by rapid urbanization, infrastructure development, and a booming real estate sector. The country's strong demand for aesthetically pleasing and durable materials in residential, commercial, and hospitality projects has fueled the adoption of decorative laminates. As a hub for construction and interior design innovation, the UAE is witnessing an increasing preference for high-quality laminates in furniture, flooring, wall coverings, and cabinetry. Moreover, the government’s focus on sustainable building practices and the growing trend of luxury and customized interiors are further accelerating market growth. With its expanding construction industry and high standards of design, the UAE continues to lead the region in the decorative laminates market.


Major companies operating in the GCC Decorative Laminates Market are:

  • Wilsonart LLC
  • Formica Group
  • Sonae SGPS, S.A
  • Arauco
  • Kronospan Limited
  • BASF SE
  • Archidply Industries Ltd.
  • Abet Laminati S.p.A.
  • Nichiha Corporation

 

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“The GCC Decorative Laminates market offers a significant opportunity driven by rapid urbanization, extensive infrastructure projects, and a growing emphasis on sustainable and high-quality interiors. Rising consumer demand for aesthetically pleasing, durable, and low-maintenance materials in residential, commercial, and hospitality sectors has created a robust market for laminates. Additionally, trends toward eco-friendly, anti-bacterial, and customizable laminates provide avenues for differentiation. As governments in the GCC push for sustainable construction and luxury-focused urban development, manufacturers can capitalize on the demand for innovative, versatile laminate solutions tailored to diverse design preferences and the region's unique climatic and cultural needs.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm. 

GCC Decorative Laminates Market, By Product Type (High Pressure Laminates, Low Pressure Laminates), By Application (Furniture & Cabinets, Flooring, Wall Panels, Others), By End User (Non-Residential, Residential, Transportation), By Texture (Matte/Suede, Glossy), By Country, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of GCC Decorative Laminates Market and provides statistics & information on Market size, structure and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the GCC Decorative Laminates Market.

 

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