Global Laminate Flooring Market is expected to grow at a significant CAGR of 5.1% by 2023 as the scope and its applications are rising enormously across the globe. Flooring is the process of providing load-resistant, clean, durable, and smooth surface to the residents of the house. Floor covering and floor base are the two important components of flooring.
Laminate flooring is also termed as “floating wood tile”. It is a hybrid floor with multi-layer synthetic flooring products attached together with a lamination process. It is popular among the customers market and available in several varieties from wood to natural. It is exclusively used in living rooms, entryways, and hallways. It comprises four layers; like back layers, core layer, wear layer, and design.
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Rising investments in the construction industry, growth in remodeling & renovation activities, and rapid urbanization are documented as the major driving factors to Laminate Flooring Market. However, disposal of waste is a factor that may hamper overall market growth in the upcoming period. Laminate Flooring Market is segmented based on types & material, end use industry, and region. Laminate Flooring Market is segmented based on product type, application, and region.
Square parquet laminate flooring, crystal laminate flooring, molding press laminate flooring, embossed laminate flooring, and the other product types could be explored in Laminate Flooring in the forecast period. The market may be categorized based on application like residential, commercial, and others.
Laminate Flooring Market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa). Globally, the Asia Pacific accounts for the largest market share of Laminate Flooring in terms of value and is estimated to lead the overall market in future. The reason behind the growth of overall market could be rapid urbanization, rising construction industry, and governments’ initiatives and availability of favorable policies. In addition, low manufacturing cost, rising disposable income of the population are the factors that may boost overall market in the region in the years to come.
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However, China is a major consumer of Flooring in the region and estimated to grow at the highest CAGR in the near future. The developing country like India is estimated to grow at the fastest pace in the upcoming period. In addition, the Middle Eastern & African market may grow at a significant CAGR in future.
The key players of Laminate Flooring Market are Mohawk Industries, Faus Group, Shaw Industries, Tarkett, Armstrong, Kronoflooring, CLASSEN Group, Power Dekor, Kronoflooring, Mannington Mills, Swiss Krono Group, Der International Flooring, and Range Gunilla Flooring. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Table of Contents
Part 1. Summary
Part 2. Report Methodology
2.1 Methodology
2.2 Data Source
2.3 Disclaimer
Part 3. Market Overview
3.1 General Information
3.2 Segmentation by Type
3.3 Segmentation by Application
3.4 Regional Laminate Flooring Market Size (Status & Prospect)
3.4.1 North America
3.4.2 Europe
3.4.3 Asia-Pacific
3.4.4 Middle East & Africa
3.4.5 South America
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Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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Contact Person: Michelle Thoras
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Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
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Laminate flooring is also termed as “floating wood tile”. It is a hybrid floor with multi-layer synthetic flooring products attached together with a lamination process. It is popular among the customers market and available in several varieties from wood to natural. It is exclusively used in living rooms, entryways, and hallways. It comprises four layers; like back layers, core layer, wear layer, and design.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-laminate-flooring-market-outlook-2018-2023/request-sample
Rising investments in the construction industry, growth in remodeling & renovation activities, and rapid urbanization are documented as the major driving factors to Laminate Flooring Market. However, disposal of waste is a factor that may hamper overall market growth in the upcoming period. Laminate Flooring Market is segmented based on types & material, end use industry, and region. Laminate Flooring Market is segmented based on product type, application, and region.
Square parquet laminate flooring, crystal laminate flooring, molding press laminate flooring, embossed laminate flooring, and the other product types could be explored in Laminate Flooring in the forecast period. The market may be categorized based on application like residential, commercial, and others.
Laminate Flooring Market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa). Globally, the Asia Pacific accounts for the largest market share of Laminate Flooring in terms of value and is estimated to lead the overall market in future. The reason behind the growth of overall market could be rapid urbanization, rising construction industry, and governments’ initiatives and availability of favorable policies. In addition, low manufacturing cost, rising disposable income of the population are the factors that may boost overall market in the region in the years to come.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-laminate-flooring-market-outlook-2018-2023
However, China is a major consumer of Flooring in the region and estimated to grow at the highest CAGR in the near future. The developing country like India is estimated to grow at the fastest pace in the upcoming period. In addition, the Middle Eastern & African market may grow at a significant CAGR in future.
The key players of Laminate Flooring Market are Mohawk Industries, Faus Group, Shaw Industries, Tarkett, Armstrong, Kronoflooring, CLASSEN Group, Power Dekor, Kronoflooring, Mannington Mills, Swiss Krono Group, Der International Flooring, and Range Gunilla Flooring. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Table of Contents
Part 1. Summary
Part 2. Report Methodology
2.1 Methodology
2.2 Data Source
2.3 Disclaimer
Part 3. Market Overview
3.1 General Information
3.2 Segmentation by Type
3.3 Segmentation by Application
3.4 Regional Laminate Flooring Market Size (Status & Prospect)
3.4.1 North America
3.4.2 Europe
3.4.3 Asia-Pacific
3.4.4 Middle East & Africa
3.4.5 South America
Read all Reports of this category @ https://www.radiantinsights.com/catalog/construction-industry
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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