Laminate Flooring Market Share, Size, Trends, Report Analysis, Growth and Forecast Till 2025

Global Laminate Flooring Market Research Report and Forecast 2025

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Report Description and Highlights

Report Description

Global Laminate Flooring Market Overview: The latest report by IMARC Group, titled “ Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020 -2025 ,� finds that the global laminate flooring market size reached a volume of 975 Million Sq. Meters in 2019, registering a CAGR of 2% during 2012-2019. 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 using intense heat and pressure. Nowadays, laminate flooring is available in a wide variety of colors and designs, which enhance its aesthetic appeal among users. As it resists staining, scratching, denting and fading, laminate flooring has gained preference as a flooring materials over the years.

Global Laminate Flooring Market Trends: Laminate flooring offers ease of installation, reduces the requirement for skilled labor and is a relatively inexpensive option as compared to engineered wood, solid hardwood, and stone floor coverings. It can even replicate stone, tiles as well as wood patterns. Besides these advantages, the rising population and improving standards of living have led to a rise in the demand for modern housing, particularly in emerging nations, which has significantly contributed to the growth of the market.

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Report Description

Apart from this, substantial investments in the real estate sector, mounting construction activities, and the escalating demand for wood-based flooring materials have proliferated the growth of the market globally. Moreover, manufactures are introducing laminate flooring with advanced features, such as custom prints and designs, better wear layers, enhanced locking mechanisms, high-quality visuals and improved chemical resistance. On account of these factors, the market is projected to reach a volume of around 1,048 Million Sq. Meters by 2025.

Request for a free sample report: https://www.imarcgroup.com/laminate-flooring-market/requestsample Laminate Flooring Market Segmentation: Market Segmentation by Product Type • •

High Density Fiberboard (HDF) Laminates Medium Density Fiberboard (MDF) Laminates

Based on the types, the market has been bifurcated into high density fiberboard (HDF) and medium density fiberboard (MDF) laminated. At present, the MDF laminate is the most popular product type.

Report Description and Highlights

Report Description Market Segmentation by Region • • • • •

Asia Pacific North America Europe Latin America Middle East and Africa

Region-wise, Asia Pacific accounts for the majority of the market share. Other major regions include North America, Europe, Middle East and Africa, and Latin America.

Market Segmentation by Sectors • •

Residential Commercial

On the basis of the sector, the commercial sector dominates the market, holding the largest market share, followed by the residential sector.

Report Description and Highlights

Report Description

For more information, click here: https://www.imarcgroup.com/laminate-flooring-market 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

A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

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