Acrylic laminate has witnessed the fastest growing decor panel product in 2024-25, and has noted double digits growth in its demand and supply. Increasing its domestic production has helped this product's growth with better service and design offering. The acrylic laminates brands, which were just 40-50 SKUs, are reported to unveiling 150 to 200 designs in their folders.
As per report, every laminate distributor is looking to add acrylic laminates range in their product basket, which has motivated high pressure laminate producers to enter into Acrylic laminates range. The top laminate Brands like Merino, Century Laminates have added acrylic laminates.
With approx. 100 folders in the Indian Laminate market of Acrylic, the demand for acrylic laminate has improved at a fast pace in the surface decor panel segment. Seeing the surge in demand, a number of players ventured into acrylic laminate manufacturing and trading.
According to market feedback, around 50 new folders of acrylic laminate have been introduced in the last 6 months. The scenario in the Acrylic lam segment is hotting up as numbers of arrivals and launches are swelling up signalling a piling up of oversupply.
The recent survey finds that many companies are working on the manufacturing of acrylic sheets, and within a year, the market will see more acrylic folders from the houses of Indian companies. Morbi based Crystal PVC Laminates group has set up a unit for making acrylic sheets. Another Pros decor has announced its production in Morbi, and launched its range for the first time in Matecia Southern India. Clio Lam has unveiled a new catalogue of approx 200 designs in Matecia, Bengaluru.
The experts in this segment said to the Ply Reporter, that if any product moves forward, its supply increases with acceptance in the market. As a result of the rising demand, importers and many domestic players concentrated on it, causing the supply to increase and the extra cushion of margin shrink.
It is to be noted that acrylic sheets are available in different thicknesses in the market ranging from 1 mm to 2 mm. The OEM segment relies mainly on the 2.00 mm category whereas retail sellers prefer to trade with below 1.5 mm segment. Retailers view that in the quality segment, the most preferable thickness is 1.3 mm to 1.5 mm.
With the efforts of retailers, carpenters are also taking an interest in the application of acrylic laminate. With growing awareness and a very clear gloss appearance, acrylic sheets look attractive and enhance the beauty of furniture.