Global Laminate Flooring Market Share, Size, Growth, Trends And Forecast (2018-2023)

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      Global Laminate Flooring Market Catalyzed
by New Housing Projects

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Report Description and Highlights
Report Description
  Global Laminate Flooring Market Catalyzed by
New Housing Projects 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. 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
2018-2023, estimates that the global laminate
flooring market reached a volume of more than 968
Million Sq. Metres in 2017, registering a CAGR of
3 during the year 2010-2017. The report further
anticipates the market to reach a volume of 1,136
Million Sq. Metres by 2023.
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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.
• Read more here https//www.imarcgroup.com/laminat
  e-flooring-market

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Report Description and Highlights
Report Description
Product Type Insights 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.   Sector Insights Based on
sector, the report finds that the commercial
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. Request
Sample Of The Report https//www.imarcgroup.com/r
equest?typereportid817flagB
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Report Description and Highlights

• Regional Insights
• 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 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
•  Browse more related reports 
• Plywood Market https//www.imarcgroup.com/plywood
  -market
• Laminated Veneer Lumber Market
  https//www.imarcgroup.com/laminated-vaneer-lumber
  -market

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Report Description and Highlights
Report Description

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