Laminate Flooring Market Size Analysis, Segmentation, Industry Outlook and Forecasts, 2018 - 2023
Global Laminate Flooring Market is anticipated to grow at a significant CAGR of 5.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Laminate flooring also known as “floating wood tile” in the United States. Laminate flooring implies an artificial product made up of numerous layers that are closed together by the lamination procedure.
Global Laminate Flooring Market is anticipated to grow at a significant CAGR of 5.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Laminate flooring also known as “floating wood tile” in the United States. Laminate flooring implies an artificial product made up of numerous layers that are closed together by the lamination procedure.
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<strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> <strong>Size</strong> <strong>Analysis</strong>, <strong>Segmentation</strong>,<br />
<strong>Industry</strong> <strong>Outlook</strong> <strong>and</strong> <strong>Forecasts</strong>, <strong>2018</strong> - <strong>2023</strong><br />
<strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> Report provides in-depth analysis of industry by<br />
Production, Share, <strong>Size</strong>, Dem<strong>and</strong>, Proposition, Development, Opportunistic<br />
Growth, Economic Trends, Technologies Research, <strong>Segmentation</strong>, Key Futuristic<br />
Investment Feasibility, Major key players, SWOT <strong>Analysis</strong> <strong>and</strong> Forecast.<br />
Global <strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> is anticipated to grow at a significant CAGR of 5.1% in the<br />
upcoming period as the scope, product types, <strong>and</strong> its applications are increasing across the globe.<br />
<strong>Laminate</strong> flooring also known as “floating wood tile” in the United States. <strong>Laminate</strong> flooring implies<br />
an artificial product made up of numerous layers that are closed together by the lamination<br />
procedure.<br />
<strong>Laminate</strong> flooring is a versatile <strong>and</strong> durable flooring solution made up of fiberboard <strong>and</strong> melamine<br />
resin materials. It comprises four layers; viz design layer, wear layer, back layer, <strong>and</strong> core layer;<br />
which are attached together using extreme pressure <strong>and</strong> heat. <strong>Laminate</strong> floors are fade, burn, dent,<br />
stain <strong>and</strong> scratch resistant.<br />
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The factors that propel the growth of the <strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> include improving st<strong>and</strong>ards of<br />
living, growing population, improvements in the printing <strong>and</strong> designing technology, introduction of<br />
innovative product designs by the key players, ease in the installation. On the other h<strong>and</strong>, there are<br />
factors that may hamper the growth of the market including price instability of the raw materials.<br />
The market may be explored by type, application, sale channel, <strong>and</strong> geography. The market may be<br />
explored by type as Embossed <strong>Laminate</strong> <strong>Flooring</strong>, Crystal <strong>Laminate</strong> <strong>Flooring</strong>, Square Parquet<br />
<strong>Laminate</strong> <strong>Flooring</strong>, Moulding Press <strong>Laminate</strong> <strong>Flooring</strong>, <strong>and</strong> Other.<br />
The key applications that could be explored in the <strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> include Commercial,<br />
Residential, Education, Healthcare, Office, Hospitality, Retail, <strong>and</strong> Other. The “Commercial” segment<br />
led the <strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> in 2014 <strong>and</strong> is anticipated to maintain its dominance by <strong>2023</strong>. The<br />
market could be explored based on sale channel as Distribution Channel, <strong>and</strong> Direct Channel.<br />
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https://www.millioninsights.com/industry-reports/laminate-flooring-market<br />
Asia-Pacific accounted for the major share of the <strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> <strong>Size</strong> in 2017 <strong>and</strong> will<br />
continue to lead in the forecast period. The factors that could be attributed to the growth include<br />
fast urbanization, increasing construction industry, government initiatives & availability of favorable<br />
polices <strong>and</strong> growing number of housing schemes. Asia-Pacific is followed by North America region.<br />
Some of the key players that fuel the growth of the <strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong> comprise Mohawk<br />
Industries, CLASSEN Group, Shaw Industries, Tarkett, Kronoflooring, Power Dekor, Armstrong,<br />
Kastamonu Entegre, Formica Group, <strong>and</strong> Homenice. The leading companies are taking up<br />
partnerships, mergers <strong>and</strong> acquisitions, <strong>and</strong> joint ventures in order to boost the inorganic growth of<br />
the industry.<br />
<strong>Market</strong> Segment:<br />
Key Applications<br />
• Residential<br />
• Commercial
Key Types<br />
• HDF <strong>Laminate</strong>s<br />
• MDF <strong>Laminate</strong>s<br />
Key Regions<br />
• North America<br />
• Europe<br />
• Asia Pacific<br />
• Middle East <strong>and</strong> Africa<br />
• South America<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/construction<br />
Key Vendors<br />
• Request free sample to get a complete list of companies<br />
Key Questions Answered in this Report<br />
• What will the market size be in <strong>2023</strong>?<br />
• What are the key factors driving the global <strong>Laminate</strong> <strong>Flooring</strong> market?<br />
• What are the challenges to market growth?<br />
• Who are the key players in the <strong>Laminate</strong> <strong>Flooring</strong> market?<br />
• What are the market opportunities <strong>and</strong> threats faced by the key players?<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/laminate-flooring-market
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