Laminate Flooring Market: Global Industry Trends, Growth, Share, Size, Trends, Growth, Region and Forecast Till 2024

1. Global Laminate Flooring Market Share, Trends and Forecast Till 2024 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Laminate Flooring Market Report By Key Types (HDF Laminates and MDF Laminates), Sector (Soft & Elastic Braces & Supports, Hinged Braces & Supports and Hard & Rigid Braces & Supports), Region The global laminate flooring market has experienced a steady growth over the past few years. This can be accredited to the rising urbanisation along with the technological developments and introduction of innovative product designs by the manufacturers. Market Overview: 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 together using intense heat and pressure. Laminate flooring is relatively inexpensive as compared to engineered wood, solid hardwood, and stone floor coverings. As it can replicate stone, tiles as well as wood patterns, the demand for laminate flooring has been escalating in the recent years. A new research report by IMARC Group, titled “Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global laminate flooring market reached a volume of nearly 962 Million Sq. Metres in 2018, registering a CAGR of 2% during 2011-2018. The report further anticipates the market to reach a volume of 1,040.5 Million Sq. Metres by 2024.

4. Report Description and Highlights Report Description • Global Laminate Flooring Market Drivers/Constraints: • With rising population and improving standards of living, there has been an increase in the demand for modern housing, particularly in the emerging nations, which have significantly contributed to the growth of the market. • The advancements in the designing and printing technology and the introduction of innovative product designs by the manufacturers are some of the other growth-inducing factors propelling the global laminate flooring market. • Laminate flooring ensures ease of installation and reduces the requirement of skilled labour as opposed to the other flooring materials. This has favourably impacted the growth of the laminate flooring market globally. • The price volatility of the raw materials of laminate flooring and their availability can pose a major challenge to the laminate flooring manufacturers. • Laminate Flooring Market Segmentation: • Market Segmentation by Product Types • HDF Laminates • Request for a sample report: https://www.imarcgroup.com/laminate-flooring-market/requestsample

5. Market Forecast Sample Figure: Global: Laminate Flooring Market Forecast: Sales Volume (in Billion Sq. Metres), 2019-2024

6. Market Segmentation Report Description • MDF Laminates • On the basis of product type, the market has been segmented into HDF and MDF laminates. Currently, MDF laminates represent the most popular product type in the laminate flooring market, accounting for the largest share. • Market Segmentation by Sector • Residential • Commercial • Based on sector, the report finds that the residential sector dominates the market, holding the majority of the market share. Laminate flooring is extensively used in this sector as it is cost-effective, requires low-maintenance and has the ability to withstand high traffic. It is followed by the residential sector. • Market Segmentation by Region • North America • For more information, click here: https://www.imarcgroup.com/laminate-flooring-market

7. Market Segmentation Report Description • Europe • Asia Pacific • Latin America • Middle East and Africa • On a geographical front, Asia-Pacific enjoys the leading position in the global laminate flooring market. The growing spending capacity, rapid urbanisation, and increasing number of housing projects are driving the market across the region. Other major regions include North America, Europe, Latin America, and Middle East and Africa. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Mohawk Industries Inc. • Tarkett • Armstrong World Industries, Inc. • Shaw Industries, Inc. • Mannington Mills, Inc. • Beaulieu International Group

8. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

9. Market Segmentation Report Description • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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13. Report Description and Highlights Report Description © 2018 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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