Global Laminate Flooring Market Share, Size, Price Trends And Forecast 2018-2023

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    Global Laminate Flooring Market Accelerated
by Rapid Growth in Construction Industry

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Report Description and Highlights
Report Description
Global Laminate Flooring Market Accelerated by
Rapid Growth in Construction Industry Laminate
flooring refers to a type of floor covering in
which several layers are fused together in a
single press operation. It is a versatile, easy
to maintain flooring and does not need to be
refinished, polished and waxed. Laminate flooring
is durable easy to clean and resistant to
scratches, moisture, and wear and tear. Apart
from its low installation and maintenance costs,
laminate flooring has become increasingly popular
due to its aesthetic appeal and ability to
replicate different flooring materials such as
wood, marble, tiles, etc. According to IMARC
Group, the global laminate flooring market
reached a volume of more than 968 Million Sq.
Metres in 2017, exhibiting a CAGR of 3 during
2010-2017. HDF Laminate Flooring Most Popular
Product Type Based on type, the market has been
segregated as HDF and MDF laminate flooring.
Currently, HDF laminate flooring is the most
popular product type, accounting for the majority
of the total share. 
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Report Description and Highlights
Report Description
HDF HDF refers to high density fibreboard
which is a type of engineered wood product. It is
a much harder and denser board made from wood
fibre which are extracted from pulped wood waste
and chips. The higher density of HDF makes it an
ideal stabilizing material for laminate
flooring. MDF MDF refers to medium density
fibreboard which is similar to particle board but
has a greater density. It is made up of wood
wastage fibres which are glued together with an
adhesive or resin under heat and pressure. It
does not swell easily in areas with high humidity
such as washrooms which makes it suitable for use
as a core layer material in laminate
flooring.  Read more here https//chemical-mate
rialsreports.blogspot.com/2018/04/global-laminate-
flooring-market.html
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Report Description and Highlights
Report Description
Commercial application represents the largest
segment On the basis of sector, the market has
been segmented into commercial and residential
sectors. Amongst these, the commercial sector
represents the leading segment, accounting for
the majority of the global share. 
Commercial On account of high demand for laminate
flooring from five-star hotels, showrooms, retail
outlets and corporate offices, the demand for
laminate flooring in the commercial sector has
increased significantly. Moreover, rising
preference for the wood-based floorings and
increasing investments in the commercial real
estate sector has fuelled the market growth
globally. Residential The rising demand for
residential constructions and reconstruction
activities, particularly in emerging nations, has
influenced the growth of the residential laminate
flooring market. Moreover, laminate flooring can
sustain high traffic which makes it suitable for
families with children and pets.  Asia Pacific
dominates the market Request Sample Of The
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Report Description and Highlights
Report Description
Asia Pacific represents the leading market for
laminate flooring on account of a surge in the
construction activities in the region. The market
growth is further supported by new and innovative
product offerings by the manufacturers so as to
increase their consumer-base. Other major regions
are Latin America, North America, Europe, and
Middle East and Africa.  Some of the key
manufacturers of the global laminate flooring
market are Tarkett, Mohawk Industries Inc., Shaw
Industries, Inc., Armstrong World Industries,
Inc., Beaulieu International Group and Mannington
Mills, Inc. Browse more related
reports  Vinyl Flooring Market
https//www.imarcgroup.com/vinyl-flooring-market
Laminated Veneer Lumber Market Research Report
https//www.imarcgroup.com/laminated-vaneer-lumber
-market

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Report Description and Highlights
Report Description

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