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According to the latest research report by IMARC Group, The global laminate flooring market size reached 1,049 Million Sq. Metres in 2022. Looking forward, IMARC Group expects the market to reach 1,252 Million Sq. Metres by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/laminate-flooring-market
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Global Laminate Flooring Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Laminate Flooring Market Research Report: The latest report by IMARC, titled “Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global laminate flooring market size reached 1,049 Million Sq. Metres in 2022. Laminate flooring is a durable and strong solution of flooring, manufactured from melamine resin material and fiberboard. It consists of four layers, including a wear layer, design layer, core layer, and back layer, which are put together through high pressure and heat. Laminate flooring is economical, and easy to maintain and install as compared to solid hardwood, engineered wood, and stone floor coverings. In recent years, laminate flooring has gained momentum as it is available in numerous widths, lengths, thickness, and can replicate various surfaces, such as stones, wood, and tiles. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/laminate-flooring-
Report Description and Highlights Report Description Global Laminate Flooring Market Trends: One of the primary factors driving the market is the increasing construction activities globally. Additionally, the rapidly growing population, along with the improving standards of living, have resulted in rising demand for modern housing. This has further resulted in the need for modern flooring materials like laminate flooring, especially in developing nations, which offer durability, and scratch and stain resistance, which is creating a positive market outlook. Other than this, extensive investments in the real estate sector, in confluence with the increasing demand for wood-based flooring materials, is positively influencing the market growth. Besides this, key players are launching flooring with advanced features, including better wear layers, custom prints and designs, high-quality visuals, improved locking mechanisms, and enhanced chemical resistance. They are also focusing on introducing innovative product designs, and advancing the designing and printing technologies, which is escalating the demand for laminate flooring across the globe. Looking forward, IMARC Group expects the market volume to reach 1,252 Million Sq. Metres by 2028, expanding at a CAGR of 2.9% during the forecast period (2023- 2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Breakup by Type: • HDF Laminates • MDF Laminates Breakup by Sector: • Residential • Commercial Breakup by Region: • Asia Pacific • North America • Europe • Latin America • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • Mohawk Industries. Inc. Tarkett SA Armstrong World Industries. Inc. Shaw Industries. Inc. Mannington Mills. Inc. Beaulieu International Group View Full Report with TOC & List of Figure: https://www.imarcgroup.com/laminate-flooring-market
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