diff --git a/doc/api_break.dox b/doc/api_break.dox
index 55bcb765d34..a8032775f61 100644
--- a/doc/api_break.dox
+++ b/doc/api_break.dox
@@ -504,6 +504,7 @@ QgsApplication        {#qgis_api_break_3_0_QgsApplication}
 - srsDbFilePath() was renamed to srsDatabaseFilePath()
 - setAuthDbDirPath() was renamed to setAuthDatabaseDirPath()
 - createDB() was renamed to createDatabase()
+- composerTemplatePaths() was renamed to layoutTemplatePaths()
 
 
 QgsAttributeDialog        {#qgis_api_break_3_0_QgsAttributeDialog}
diff --git a/python/core/qgsapplication.sip b/python/core/qgsapplication.sip
index 55861ab9fd0..6b71912f1f4 100644
--- a/python/core/qgsapplication.sip
+++ b/python/core/qgsapplication.sip
@@ -275,9 +275,11 @@ Returns the path to the srs.db file.
 Returns the paths to svg directories.
 %End
 
-    static QStringList composerTemplatePaths();
+    static QStringList layoutTemplatePaths();
 %Docstring
-Returns the paths to composer template directories
+Returns the paths to layout template directories.
+
+.. versionadded:: 3.0
 %End
 
     static QMap<QString, QString> systemEnvVars();
diff --git a/src/app/layout/qgslayoutmanagerdialog.cpp b/src/app/layout/qgslayoutmanagerdialog.cpp
index b8241e0b553..fc73c7e04cc 100644
--- a/src/app/layout/qgslayoutmanagerdialog.cpp
+++ b/src/app/layout/qgslayoutmanagerdialog.cpp
@@ -169,7 +169,7 @@ QMap<QString, QString> QgsLayoutManagerDialog::defaultTemplates( bool fromUser )
 QMap<QString, QString> QgsLayoutManagerDialog::otherTemplates() const
 {
   QMap<QString, QString> templateMap;
-  QStringList paths = QgsApplication::composerTemplatePaths();
+  QStringList paths = QgsApplication::layoutTemplatePaths();
   Q_FOREACH ( const QString &path, paths )
   {
     QMap<QString, QString> templates = templatesFromPath( path );
diff --git a/src/app/qgsoptions.cpp b/src/app/qgsoptions.cpp
index dc89e381781..3331454de54 100644
--- a/src/app/qgsoptions.cpp
+++ b/src/app/qgsoptions.cpp
@@ -277,7 +277,7 @@ QgsOptions::QgsOptions( QWidget *parent, Qt::WindowFlags fl, const QList<QgsOpti
   connect( mBtnRemoveSVGPath, &QAbstractButton::clicked, this, &QgsOptions::removeSVGPath );
 
   //local directories to search when looking for a composer templates
-  const QStringList composerTemplatePathList = QgsApplication::composerTemplatePaths();
+  const QStringList composerTemplatePathList = QgsApplication::layoutTemplatePaths();
   for ( const QString &path : composerTemplatePathList )
   {
     QListWidgetItem *newItem = new QListWidgetItem( mListComposerTemplatePaths );
@@ -1141,7 +1141,7 @@ void QgsOptions::saveOptions()
   {
     pathsList << mListComposerTemplatePaths->item( i )->text();
   }
-  mSettings->setValue( QStringLiteral( "composer/searchPathsForTemplates" ), pathsList );
+  mSettings->setValue( QStringLiteral( "Layout/searchPathsForTemplates" ), pathsList, QgsSettings::Core );
 
   pathsList.clear();
   for ( int i = 0; i < mListHiddenBrowserPaths->count(); ++i )
diff --git a/src/core/qgsapplication.cpp b/src/core/qgsapplication.cpp
index 2a1dcca82f4..468156be954 100644
--- a/src/core/qgsapplication.cpp
+++ b/src/core/qgsapplication.cpp
@@ -784,12 +784,12 @@ QStringList QgsApplication::svgPaths()
   return paths;
 }
 
-QStringList QgsApplication::composerTemplatePaths()
+QStringList QgsApplication::layoutTemplatePaths()
 {
-  //local directories to search when looking for an SVG with a given basename
+  //local directories to search when looking for an template with a given basename
   //defined by user in options dialog
   QgsSettings settings;
-  QStringList pathList = settings.value( QStringLiteral( "composer/searchPathsForTemplates" ) ).toStringList();
+  QStringList pathList = settings.value( QStringLiteral( "Layout/searchPathsForTemplates" ), QVariant(), QgsSettings::Core ).toStringList();
 
   return pathList;
 }
diff --git a/src/core/qgsapplication.h b/src/core/qgsapplication.h
index 032b05be489..8c2963a6973 100644
--- a/src/core/qgsapplication.h
+++ b/src/core/qgsapplication.h
@@ -278,8 +278,11 @@ class CORE_EXPORT QgsApplication : public QApplication
     //! Returns the paths to svg directories.
     static QStringList svgPaths();
 
-    //! Returns the paths to composer template directories
-    static QStringList composerTemplatePaths();
+    /**
+     * Returns the paths to layout template directories.
+     * \since QGIS 3.0
+     */
+    static QStringList layoutTemplatePaths();
 
     //! Returns the system environment variables passed to application.
     static QMap<QString, QString> systemEnvVars() { return ABISYM( mSystemEnvVars ); }