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NEW TAIPEI CITY, Sept. 3, 2024 /PRNewswire/ -- According to a report by Transparency Market Research, the global laminates market continues to grow, reaching USD 7.07 billion in 2023, with North America accounting for USD 1.161 billion, Europe USD 2.723 billion, Asia Pacific USD 2.066 billion, Middle East/Africa USD 436 million, and Latin America USD 681 million. Analysts forecast that Keding Enterprises Co., Ltd.'s KD ECO⁺ Laminates, an enhanced version of the traditional HPL, is poised to dominate the global high-pressure decorative laminates market in five years. In the US market, the minimum investment required is USD 35,000, with an average break-even period as short as six months and full cost recovery in nine months, subject to market conditions. The product's robust potential indicates significant growth prospects.
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