Laminate Flooring Market Research: Industry Trends, Growth, Demand by Region and Forecast Till 2025

1. Global Laminate Flooring Market Research Report and Forecast 2025 Report Edition: 2020 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2020 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Laminate Flooring Market Overview: The latest report by IMARC Group, titled “Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” finds that the global laminate flooring market size reached a volume of 975 Million Sq. Meters in 2019, registering a CAGR of 2% during 2012-2019. Laminate Flooring refers to a durable and versatile flooring solution made of melamine resin and fibreboard materials. It is composed of four layers, namely wear layer, design layer, core layer and back layer, which are fused using intense heat and pressure. Nowadays, laminate flooring is available in a wide variety of colors and designs, which enhance its aesthetic appeal among users. As it resists staining, scratching, denting and fading, laminate flooring has gained preference as a flooring materials over the years. Global Laminate Flooring Market Trends: Laminate flooring offers ease of installation, reduces the requirement for skilled labor and is a relatively inexpensive option as compared to engineered wood, solid hardwood, and stone floor coverings. It can even replicate stone, tiles as well as wood patterns. Besides these advantages, the rising population and improving standards of living have led to a rise in the demand for modern housing, particularly in emerging nations, which has significantly contributed to the growth of the market.

4. Report Description and Highlights Report Description Apart from this, substantial investments in the real estate sector, mounting construction activities, and the escalating demand for wood-based flooring materials have proliferated the growth of the market globally. Moreover, manufactures are introducing laminate flooring with advanced features, such as custom prints and designs, better wear layers, enhanced locking mechanisms, high-quality visuals and improved chemical resistance. On account of these factors, the market is projected to reach a volume of around 1,048 Million Sq. Meters by 2025. Request for a free sample report: https://www.imarcgroup.com/laminate-flooring- market/requestsample Laminate Flooring Market Segmentation: Market Segmentation by Product Type • • High Density Fiberboard (HDF) Laminates Medium Density Fiberboard (MDF) Laminates Based on the types, the market has been bifurcated into high density fiberboard (HDF) and medium density fiberboard (MDF) laminated. At present, the MDF laminate is the most popular product type.

5. Report Description and Highlights Report Description Market Segmentation by Region • • • • • Asia Pacific North America Europe Latin America Middle East and Africa Region-wise, Asia Pacific accounts for the majority of the market share. Other major regions include North America, Europe, Middle East and Africa, and Latin America. Market Segmentation by Sectors • • Residential Commercial On the basis of the sector, the commercial sector dominates the market, holding the largest market share, followed by the residential sector.

6. Report Description and Highlights Report Description For more information, click here: https://www.imarcgroup.com/laminate-flooring-market Competitive Landscape: The laminate flooring industry is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of price and quality. Some of the leading players operating in the market are: • • • • • • Mohawk Industries Inc. Tarkett Armstrong World Industries, Inc. Shaw Industries, Inc. Mannington Mills, Inc. Beaulieu International Group

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9. Report Description and Highlights Report Description © 2020 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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