Press release
By 2025, Customized Shopfitting Materials Market is Expected to Cross USD 6.5 billion Via Decorative Film Sector
Customized Shopfitting Materials Market
Decorative laminates are applied on a plethora of surface finish furniture types used in commercial & corporate offices, showrooms and restaurants, given that they improve the interior aesthetics and provide long term protection against termites and bugs. Also, laminates offer several other advantages like easy cleaning, durability, scratch resistance, anti-microbial and chemical resistance properties which tend to increase the life of furniture. These factors will positively affect the laminate based customized shopfitting materials market size,
projected to register a CAGR of 4.5% over 2019-2025.
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Customized shopfitting materials market from gymnasiums may observe significant gains up to 3.0% by 2025. There has been an escalating demand from gyms to provide tailored solutions owing to meet exact specification for functional and aesthetic requirements. Metal panels are extensively used in gyms owing to keep equipment in place and avoid deterioration. Rising obesity rates would propel gymnasium demand which in turn will favor customized shopfitting product demand.
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Customized shopfitting materials market from flooring application is anticipated to surpass USD 20.5 billion up to 2025. The rising retail space demand in malls owing to the rising proportion of nuclear families in urban areas will increase shop space development. Growing demand for resilient flooring including vinyl, cork, linoleum, rubber, and resins owing to low cost, easy installation, mold, moisture resistance, and durability will propel product demand.
The United States is one of the most profitable regional grounds for customized shopfitting materials market. Global Markets Insights, Inc., states that U.S. customized shopfitting materials market is expected to surpass USD 30 billion by 2025, driven by the increasing number of fitness clubs chains in the region. Obesity has emerged as a prominent health issue in United States, leading to chronic health conditions and increasing the rate of early mortality in the region. Rising health awareness among citizens will direct them towards fitness clubs and gymnasiums, which may stimulate the U.S. customized shop fitting materials market.
Global customized shopfitting materials industry share is moderately fragmented with key industry players including Madico, Jacobs Joinery, Decorative Films, SURTECO, Shopfitters Greenlam, REHAU Verwaltungszentrale, Australian Plastic Fabricators, and Wilsonart. Manufacturers are developing innovative products to increase their market share.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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