| Product Code: ETC5707862 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Laos saw significant imports of composites, with top exporters being China, Areas, nes, Thailand, and Vietnam. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a low compound annual growth rate (CAGR) of 0.48, the industry experienced a negative growth rate of -8.04 in 2023. This suggests a challenging environment for composites importers in Laos, emphasizing the importance of understanding market dynamics and potential shifts in trade patterns.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Laos Composites Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Composites Market - Industry Life Cycle |
3.4 Laos Composites Market - Porter's Five Forces |
3.5 Laos Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Laos Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Laos Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Laos Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Laos Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in industries such as automotive, aerospace, and construction. |
4.2.2 Growing focus on sustainable and eco-friendly materials. |
4.2.3 Technological advancements in composite materials manufacturing processes. |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up composite manufacturing facilities. |
4.3.2 Lack of skilled labor and expertise in composite materials manufacturing. |
4.3.3 Challenges related to recycling and disposal of composite materials. |
5 Laos Composites Market Trends |
6 Laos Composites Market Segmentations |
6.1 Laos Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Laos Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.3 Laos Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Laos Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Laos Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Laos Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Laos Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Laos Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Laos Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Laos Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Laos Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Laos Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Laos Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Laos Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Laos Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Laos Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Laos Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Laos Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Laos Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Laos Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Laos Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Laos Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Laos Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Laos Composites Market Import-Export Trade Statistics |
7.1 Laos Composites Market Export to Major Countries |
7.2 Laos Composites Market Imports from Major Countries |
8 Laos Composites Market Key Performance Indicators |
8.2 Number of partnerships and collaborations with key industries to expand market reach. |
8.3 Percentage of revenue derived from the sale of advanced composite materials. |
9 Laos Composites Market - Opportunity Assessment |
9.1 Laos Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Laos Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Laos Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Laos Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Laos Composites Market - Competitive Landscape |
10.1 Laos Composites Market Revenue Share, By Companies, 2024 |
10.2 Laos Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here