Overlay Paper Market – An Overview
Increased focus on aesthetics of living spaces for commercial and household purposes has led to the usage of décor grade papers such as overlay paper. Overlay papers are used for improvisation of aesthetical finishing of walls, flooring, and various other interior or exterior designs such as furniture. Exact specifications demanded for aesthetics has led to demand for overlay paper. Overlay paper is a high quality paper which is bonded to substrates such as wood composites and synthetic resins. Overlay papers with resin are convenient for application and therefore have high acceptance and demand as a décor grade paper on various surfaces such as furniture, walls and floors. Overlay paper are used primarily for construction and renovation which arises need for aesthetical as well as technical purposes. This is likely to augment the growth of overlay paper market and might impact the overlay paper market positively.
Overlay Paper Market – Dynamics
Increasing urbanization and consumer preference for aesthetical designs has led to developments in the overlay paper market. Overlay paper not only provides enhancement in the aesthetical designs but also adds to the strength and quality of the surfaces such as furniture, flooring and fixtures among the other applications. This is likely to hike the market demand for overlay paper. Moreover, inclination of population towards home décor in urban areas in emerging countries might also boost the market demand for overlay paper.
Overlay paper is an apt solution to keep the interiors aesthetically attractive and provide protection to various surfaces, for instance walls or furniture from getting damaged by scratches or regular wear and tear. Thus, it helps to increase the life span of surfaces and reduces maintenance cost to be incurred on regular intervals. This factor might increase the demand for overlay paper for household as well as commercial applications.
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Globalization has enabled the customers to reach wider markets. It enables easier product availability through various distribution channels, which might increase the demand for overlay paper. Demand for overlay paper by commercial segment is contributed by hotels, office spaces, retail outlets, airports and showrooms. Rising commercial units pertaining to the growth in the economies is likely to hike the demand for overlay paper. Demand for construction and renovation is likely to increase the demand for overlay paper. Rapid changes in the renovation sector for customization, accessibility and colour contrasting options might augment the demand for overlay paper market which is likely to positively impact the market demand for overlay paper in the forecasted period.
Overlay Paper Market – Regional Outlook
Asia Pacific is expected to have high growth in the overlay paper market owing to its infrastructural development such as construction of residential and commercial spaces in countries such as India, Indonesia and China. Rising disposable income of the population in the emerging countries would also increase the expenditure on the aesthetical designs which enhance the attractiveness of residential and commercial spaces. North America owing to its rapid industrialization and increasing demand for customized and attractive interior is likely to contribute towards augmenting the demand for overlay paper. This is likely to impact the market for overlay paper in the years to come.
Overlay Paper Market – Key Players
Key players in the overlay paper market are as follows
- Pudumjee Paper Products
- Zori China
- MB Papers
- Onyx Speciality Papers Inc.
- JAM paper
- Schweitzer-Mauduit International, Inc
- Yue Chieh International Inc
- Extraordinary Performance Sdn. Bhd.
- Changle Keyuan Paper Co., Ltd.
- Jiangyin Zhongka Card-Base New Material Co., Ltd.
- Shenzhen Guch Digital Technology Co Ltd
- Primex International Co.,Ltd.
- Glatfelter Gernsbach GmbH
- PDM Industries
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on overlay paper market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
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Overlay paper market can be segmented on the basis of basis weight, end use, lamination type and application.
By Basis Weight (grams per square meter), overlay paper market can be segmented as
- Less than 25 gsm
- 26- 30 gsm
- 31-35 gsm
- 36- 40 gsm
- More than 41 gsm
By End use, overlay paper market can be segmented as
By Lamination Type, overlay paper market can be segmented as
- Low-pressure laminates (LPL)
- High-pressure laminates (HPL)
By Application, overlay paper market can be segmented as
- Laminate Flooring
- Work Tops
- Wall Panels
- Commercial Flooring
- Furniture and displays
- Other uses ( skateboard ramps, bowling alleys)
- A detailed overview of parent market
- Changing overlay paper market dynamics in the packaging industry
- In-depth overlay paper market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered operating in the overlay paper market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on overlay paper market performance
- Must-have information for overlay paper market players to sustain and enhance their market footprint
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