Market Size, Share, Industry, Forecast to 2030 (2023)

22-05-2023 08:25 ΜΜ CEST |Advertising, Media Consulting, Marketing Research

Press release from:wise purchases

Acquisition of thermally cast sheets

The Thermally Fused Laminates market report 2023 provides current and upcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to Prudent Markets' archive of market research studies. It offers in-depth research and analysis of key aspects of the global Thermally Cast Laminates market. This report explores all the key factors influencing the growth of the global Thermally Cast Laminates market, including demand and supply scenario, pricing structure, profit margins, production and value chain analysis.

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The report concludes with the profiles of the main players of the Thermally Fused Laminates market:
Kronospan M&P Kaindl, TEEHOME, Swiss Krono Group, Roseburg, Arauco, Sonae Industry, DareGlobal Wood, Egger, Panel Processing, Fuxiang, Shengguo Tree, MJB Wood Group, AICA Kogyo, Panolam Industries International, Uniboard, FunderWilson, Specialty Laminates, Purbanchal Laminates

Overview of the Thermally Fused Laminates Market 2023:

The research report provides a comprehensive overview of the Thermally Fused Laminates market. The report begins with the executive summary of the market, which includes market definition, recent industry trends and developments, strategies of key players, and broad product offerings. In addition, the study explains future opportunities and outlines key players actively operating in the market.

About the thermally cast sheet market

The thermally fused laminate market is expected to grow at a CAGR of 7.6% during the forecast period 2018 to 2025. Thermally fused laminate (TFL), also called thermally fused melamine (TFM), is produced by fusion of a sheet impregnated with decorative resin paper and the substrate. The process consists of reticulation between the TFL panel sheet and the substrate by activating the resin present in the TFL sheet, through pressure and heat treatment processes, in order to properly seal the substrate. Particleboard, veneer and MDF are considered ideal substrates for TFL. This is because these plates act as a firm, flat, uniform, resistant and flawless base for the TFL plate to be impregnated on the surface. With ever-changing lifestyles and increasing disposable income, especially among developed countries, people are turning to high-end furniture and interior decorative panels.

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This important factor drives the growth of the TFL market. Furthermore, the rapid explosion in the modular kitchen and bedroom trend, especially in North America and Europe, is accelerating the pace of the market. In the current scenario, public places like corporate offices, hotels, resorts, exhibition halls and shopping malls are rapidly adopting TFL for their application in decorative panels, displays, office furniture, ceilings and much more due to its high strength and cost-effectiveness. benefit . and high scratch resistance.

The research report is prepared based on a combination of qualitative and quantitative aspects. After in-depth understanding, the report is fragmented with larger proportions. The report covers in-depth analysis with important factors such as drivers, constraints, opportunities and challenges influencing the growth of the market. On the other hand, The Thermally Fused Laminates report presents data from base year 2018, historical year: 2014-2018, estimated year 2019 and forecast year 2019 to 2026.

The Thermally Fused Laminates market report provides size forecasts and market estimates for 2019-2026. Forecast estimation is provided based on major regions which include North America, Europe, Asia-Pacific, Middle East, South America and Middle East & Africa. Additionally, the Thermally Fused Laminates report heavily emphasizes the secondary tools used to document the report. PEST, SWOT, Porters Five Forces analysis and others are considered by analysts during report preparation.

Market Scope and Segmentation

The thermally fused laminates market segmentation is:
Thickness (1/4 ~ 2/4, 2/4 ~ 3/4), by application, (furniture, interior decoration, shop equipment), industry trends, estimate and forecast, 2017 - 2025

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The report covers the competitive analysis of the market. As demand is driven by the buyer's ability to pay and the rate of growth of items, the report shows the key regions that will drive growth. This section uniquely shares information on the budget reports of key market members, helping major players and new entrants to understand the investment potential in the global hot melt laminates market. It can be best used by traditional and new players in the industry for a complete market experience.

Key points covered in the summary of the global thermally fused laminates market:

Chapter 1: Introduction, Product Market Driving Force Study Purpose and Research Scope of Hot Cast Laminated Laminated Products Market
Chapter 2: Exclusive Executive Summary – Key Insights into the Thermally Cast Laminates Market.
Chapter 3: Viewing Market Dynamics - Heat-Seal Laminate Drivers, Trends, Challenges and Opportunities
Chapter 4: Introduction to Market Factor Analysis of Thermally Cast Laminates, Porters Five Forces, Supply Chain/Values, PESTEL Analysis, Market Entropy, Brand/Patent Analysis.
Chapter 5: View by Type, End User, and Region/Country
Chapter 6: Evaluation of top manufacturers in Thermally Cast Laminates market, consisting of competitive landscape, peer group analysis, BCG Matrix, and company profile
Chapter 7: Market Assessment by Segments, by Countries and by Manufacturers/Companies with Breakdown of Revenue and Sales by Key Countries in these Various Regions
Chapter 8 and 9: Showing the Appendix, Methodology and Data Source


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In conclusion, the Thermally Fused Laminates market report is a genuine source of access to the research data that is expected to increase your business exponentially. The report provides information such as economic scenarios, benefits, thresholds, trends, market growth rates and numbers. SWOT analysis and PESTLE analysis are also incorporated in the report.

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What will industry market size be by 2030? ›

The Market Is Projected To Grow From USD 130.90 Billion In 2022 To USD 377.30 Billion By 2030, Exhibiting A CAGR Of 16.3% During The Forecast Period. Our research shows that the world market grew by an average of 13.9% from 2019 to 2020.

How do you calculate market size of an industry? ›

How to estimate market size: Business and marketing planning for startups
  1. Define your target customer.
  2. Estimate the number of target customers.
  3. Determine your penetration rate.
  4. Calculate the potential market size: Volume and value.
  5. Apply the market-size data.

What is the market size forecast? ›

Market Sizing and Forecasting is done to accurately estimate the size of the market,the obtainable market share, and the level of investment required, and also helps companies to allocate budgets appropriately, and informs strategic planning for the upcoming financial year.

What is market size of an industry? ›

The "market size" is made up of the total number of potential buyers of a product or service within a given market, and the total revenue that these sales may generate. It's important to calculate and understand market size for several reasons.

What is the size of the sustainability market in 2030? ›

Base Year:2022
Historical Years:2017 - 2021
Revenue 2022:USD 12.62 Billion
Revenue 2030:USD 81.22 Billion
Revenue CAGR (2023 - 2030):26.20%
3 more rows

What will be the largest company in the world in 2030? ›

1. Amazon. Finally, look for Amazon (AMZN 3.35%) to top the list of the world's biggest stocks by 2030.

What is the formula for market size? ›

Formula for market size

Number of target users x purchases expected in a given period = market size or volume.

How to calculate market share? ›

How to Calculate Market Share. Find your business's total sales revenue for your preferred period and divide that number by your industry's total revenue during the same period. Once you have this result, multiply the number by 100 to generate your market share percentage.

What is the calculation for market share in an industry? ›

Market share is calculated by taking the company's sales over the period and dividing it by the total sales of the industry over the same period. This metric is used to give a general idea of the size of a company in relation to its market and its competitors.

How to calculate market forecast? ›

The formula is: previous month's sales x velocity = additional sales; and then: additional sales + previous month's rate = forecasted sales for next month.

How do you calculate market growth forecast? ›

Take the end value and subtract it from the starting value. Then, divide that result by the starting value and multiply the result by 100. This gives you the growth rate of that statistic in the time frame as a percentage, which you can then use to represent the rate of market growth in that aspect.

How to write a market forecast? ›

How to create a sales forecast
  1. List out the goods and services you sell.
  2. Estimate how much of each you expect to sell.
  3. Define the unit price or dollar value of each good or service sold.
  4. Multiply the number sold by the price.
  5. Determine how much it will cost to produce and sell each good or service.
Jun 8, 2021

What is the size of market size? ›

Market size is simply the number of people who could potentially become your customers. Described another way, market size is the size of the sales opportunity available to you. In many cases, the larger the market size, the larger the opportunity.

What is the difference between market size and industry size? ›

Differences. Meaning – industry represents a large number of companies which manufacture a particular product or provide a specific service, while market is the place where buyers and sellers meet.

What are the 5 strategies that will determine the market size? ›

  • Seeing the business horizon.
  • Define your subsegment of the market.
  • Conduct top-down market sizing.
  • Follow with bottom-up analysis.
  • Look at the competition.
  • Assess the static market size.
Mar 7, 2016

What is 2030 strategy sustainability? ›

Minimizing carbon dioxide emissions, creating jobs in green sectors, and reducing inequality are just a few examples. Another main goal of the strategy is to decarbonize current businesses and develop more sustainable ones. This opens the door to new business models that respect the environment more.

What will ESG look like in 2030? ›

By 2030, poor performers have been weeded out and consistent non-compliance will be met with severe consequences including penalties, public naming, a prohibition to operate and even imprisonment. The C-Suite and Directors will now be personally liable for ESG breaches.

Why is 2030 important for sustainability? ›

The Global Goals and the 2030 Agenda for Sustainable Development seek to end poverty and hunger, realise the human rights of all, achieve gender equality and the empowerment of all women and girls, and ensure the lasting protection of the planet and its natural resources.

Who will be the biggest economy in 2030? ›

China is set to be the world's largest economy by 2030. China's push towards robotics could mean higher productivity and even faster GDP growth. Bangladesh likely to be the biggest mover in the global GDP rankings (42nd to 26th), followed by Philippines, Pakistan and Vietnam...

What are the largest consumer markets in 2030? ›

China, India, and the US will continue to be the top three consumer markets by 2030 as they were in 2021. However, Brazil will lose its fourth position to Indonesia by then. Korea and Japan will also see a drop in the overall market by 2030.

What are the largest consumer markets in the world 2030? ›

By 2030, India will be home to 357 million young consumers below 30 years, the largest “young consumer market” in the world. By contrast, China is already the largest senior market in the world in terms of people (by spending, the U.S. remains number one).

What are the 3 main sizes of market? ›

There are three elements to market size: the total addressable market, the target market and market share.

What is the difference between market size and market share? ›

By looking at a firm's market share, we try to understand how much of a particular industry (or market) is 'owned' or dominated by that one specific firm. It is measured by dividing the firm's total sales by the market's total sales. Market size measures the total sales generated by selling a product.

What is market size in terms of value? ›

Market size by value measures the amount spent by customers on the volume of goods sold and will be expressed in a currency such as US dollars or Euros. The number of customers is self explanatory.

What is a market share of 50%? ›

For example, if a company sells $50 million in product during one fiscal year and the company's industry sells a total of $100 million in the same product during that fiscal year, the company's market share for that product would be 50% ($50 million divided by $100 million = 0.50 or 50%).

What is an example of a market share? ›

Market share can be calculated by dividing the company's sales or revenues by the total sales or revenues in the market. For example, if Company A has $1 million in sales and the total market sales are $10 million, then Company A's market share is 10%.

What is a good percentage of market share? ›

What is a good rate of market penetration? That really depends on the size, scope and nature of your business. The average rate of market penetration for consumer products can be anywhere between 2% and 6% of TAM. So if your market penetration is over 6%, you're already doing better than most.

What is market share How is it measured? ›

How to work out market share. To work out your market share, calculate your total sales and divide this by the total sales of the industry in one time period.

What is meant by market share and describe how it is calculated? ›

Definition: Out of total purchases of a customer of a product or service, what percentage goes to a company defines its market share. In other words, if consumers as a whole buy 100 soaps, and 40 of which are from one company, that company holds 40% market share.

How do you use the forecast formula? ›

=FORECAST(x, known_y's, known_x's)

The FORECAST function uses the following arguments: X (required argument) – This is a numeric x-value for which we want to forecast a new y-value. Known_y's (required argument) – The dependent array or range of data.

How do you calculate forecast in Excel? ›

On the Data tab, in the Forecast group, click Forecast Sheet. In the Create Forecast Worksheet box, pick either a line chart or a column chart for the visual representation of the forecast. In the Forecast End box, pick an end date, and then click Create.

What are the four steps in total market forecast? ›

Here are the four steps to creating one: 1) define the market, 2) divide total industry demand into segments, 3) find out what drives demand in each segment and project how those drivers might change, and 4) assess the risks to the forecast and decide which assumptions are most critical to success.

What is the market size and growth rate? ›

Market growth rate is the predicted percentage growth for your industry over a defined period of time. We can predict that the market growth rate for cleaning products has skyrocketed after the COVID-19 pandemic.

What is a good growth rate for an industry? ›

However, generally speaking, a healthy growth rate should exceed the overall growth rate of the economy or gross domestic product (GDP). Further to that, Harvard Business Review suggests that most companies should grow at a rate of between 10% and 25% per year.

What is a simple example of forecast? ›

Forecasts often include projections showing how one variable affects another over time. For example, a sales forecast may show how much money a business might spend on advertising based on projected sales figures for each quarter of the year.

What are the two key factors in forecasting market size? ›

Some of the biggest factors that influence forecasts are time and data. Knowing how to forecast sales using historical data will definitely work to your advantage.

What are some example sentences for forecasting? ›

They're forecasting rain for this weekend. Optimists are forecasting an immediate upswing in business.

Why is market size and growth important? ›

Market size is an indicator of the potential for any new business, product or service. If you can show that you have a good chance of making money — and how much — it'll be much easier to secure investment. Develop a solid marketing and business strategy.

What is a big enough market size? ›

Market Opportunity is an important metric for estimating the long-term potential for an early stage company. Typically, we invest in companies that are going after market sizes of at least $100M. At that size, a market is large enough to support a $25M+ company.

What are the 2 types of market size? ›

There are fundamentally two different approaches to sizing a market: top-down analysis or bottom-up analysis. Ideally, in any market sizing exercise, both of these methodologies should be used to ensure the appropriate reliability of the data and to point out any areas requiring further research for reconciliation.

What is an example of a market size? ›

For example, if you estimate your business to control 10% of a market containing 500,000 consumers, the top-down analysis would calculate a market size of 50,000 potential customers.

What are the four 4 types in effective marketing strategy? ›

What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix,” or the combined tools and methodologies used by marketers to achieve their marketing objectives.

What are the six P's in market strategy? ›

The building blocks of an effective marketing strategy include the 6 P's of marketing: product, price, place, promotion, people, and presentation. The effective integration of the 6 P's of marketing can serve as the foundation for an effective growth strategy.

What is the expected market size of the meta was by 2026? ›

The report stated that Metaverse's market share in finance will grow to $50.37 billion between 2021 and 2026. The market is expected to expand at a CAGR of 20.93 percent. This year, growth is expected to happen at a CAGR of 20.11 percent.

What is the size of the biotech market in 2030? ›

What is the biotechnology market growth? b. The global biotechnology market is expected to grow at a compound annual growth rate of 13.96% from 2023 to 2030 to reach USD 3.88 trillion by 2030.

What is the smart home market size for 2030? ›

Smart Home Automation Market - The global smart home automation market size is estimated to be valued at USD 444.98 billion by 2030, with a CAGR of 27.3% from 2023 to 2030, based on the latest report by Grand View Research, Inc.

What is the global eCommerce market size 2030? ›

In the changed post COVID-19 business landscape, the global market for eCommerce Payments estimated at US$206.7 Billion in the year 2022, is projected to reach a revised size of US$612.1 Billion by 2030, growing at a CAGR of 14.5% over the analysis period 2022-2030.

How much will the metaverse market be worth in 2030? ›

How significant could the metaverse's impact be? It could be worth $5 trillion by 2030 and is potentially the biggest new growth opportunity for several sectors in the coming decade that include consumer packaged goods, retail, financial services, technology, manufacturing, and healthcare.

What will be the market cap of metaverse by 2030? ›

In 2022, it was estimated that the global metaverse market stood at 65.5 billion U.S. dollars. In 2023, this is expected to rise to 82 billion U.S. dollars, before surging to 936.6 billion U.S. dollars by 2030.

What is meta price target for 2030? ›

Long-Term Meta Stock Price Predictions
2027$ 578.08134.12%
2028$ 715.06189.59%
2029$ 884.51258.22%
2030$ 1,094.10343.10%
3 more rows

What is the size of biotechnology market 2025? ›

Report CoverageDetails
Market Size Value byUS$ 471,336.40 Million by 2025
Growth rateCAGR of 10.5% from 2017 to 2025
Forecast Period2017-2025
Base Year2017
11 more rows

What is the future of pharma 2030? ›

By 2030, overall pharmacy spend will exceed $1 trillion. This phenomenon is fundamentally changing “pyramid math”, as three percent of consumers astonishingly drive 70 percent of pharmacy spend in the commercial funding segment. This begs for new pharmacy management models.

What is the biotechnology market size to worth around US$ 3.44 trillion by 2030? ›

The global biotechnology market was estimated at USD 859.94 billion in 2022 and is expected to be worth around USD 1,683.52 billion by 2030 and poised to grow at a noteworthy CAGR of 8.7% from 2023 to 2030.

What will be the size of IoT market by 2025? ›

The Indian IoT market is expected to reach US$9.28 billion by 2025 from US$4.98 billion in 2020, driven mostly by changes in enterprise behaviour triggered by the COVID-19 pandemic and verticals' focus on automation are driving the market.

Will global IoT market to grow to 24.1 billion devices in 2030 generating $1.5 trillion annual revenue? ›

By Matt Hatton, Founding Partner, Transforma Insights. Between 2019 and 2030 the number of IoT connected devices in the world will grow from 7.6 billion to 24.1 billion, with revenue more than tripling from USD465 billion to over USD1. 5 trillion.

What is the digital twin market size 2025? ›


The global digital twin market size was valued at USD 6.75 billion in 2021 and is projected to grow from USD 8.88 billion in 2022 to USD 96.49 billion by 2029, exhibiting a CAGR of 40.6% during the forecast period.

What is the size of the global ecommerce market 2025? ›

The 2025 calendar year is projected for $7.391 trillion in retail ecommerce sales, almost half of the roughly $16 trillion total retail sales in 2012.

What is the size of the ecommerce market 2023? ›

In 2023, the ecommerce industry is set to generate a whopping $6.3 trillion globally. To put that in perspective, if online sales were a country it'd have the third-highest GDP of anywhere in the world, second only to China and the USA. The ecommerce market is set to expand by 10.4% by the end of this year.


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