Global Laminate Flooring Strategic Business Report 2023:

Susan Howell





Dublin, April 13, 2023 (GLOBE NEWSWIRE) — The “Laminate Flooring: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Laminate Flooring estimated at US$19.3 Billion in the year 2022, is projected to reach a revised size of US$25.1 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030.

Residential, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$16.2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Commercial segment is readjusted to a revised 3.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.4 Billion, While China is Forecast to Grow at 4.2% CAGR

The Laminate Flooring market in the U.S. is estimated at US$4.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Select Competitors (Total 110 Featured) –

  • Beaulieu International Group
  • CLASSEN Group
  • Daiken Corporation
  • Der International Flooring Co., Ltd.
  • FausFloor
  • Home Legend, LLC
  • Kaindl Flooring GmbH
  • Mannington Mills, Inc.
  • Mohawk Industries, Inc.
  • Robina Flooring Sdn Bhd
  • Shaw Industries, Inc.
  • SWISS KRONO Group
  • Tarkett, Inc.
  • Wickes.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report Attribute Details
No. of Pages 363
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $19.3 Billion
Forecasted Market Value (USD) by 2030 $25.1 Billion
Compound Annual Growth Rate 3.3%
Regions Covered Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Laminate Flooring: An Insight
  • History and Development
  • The Manufacturing Process
  • Durability Testing
  • Installation and Maintenance
  • Preferred Attributes in Laminate Flooring
  • Raw Materials Overview
  • Applications of Laminate Flooring
  • Decorative Laminates: A Bold New Direction in Decorative Surfaces
  • A Prelude to Laminate Flooring
  • Laminate Flooring: Current Market Scenario and Outlook
  • Growth Drivers for Laminate Flooring Market: On a Scale of 1 – 10 (10 – High Impact; 1 – Low Impact)
  • Growth Dampeners for Laminate Flooring Market: On a Scale of 1 – 10 (10 – High Impact; 1 – Low Impact)
  • Laminate Flooring Evolves into a Niche Segment within the Thriving World Flooring Industry
  • New Flooring Trends Revive Optimism in the World Flooring Market
  • World Flooring Market by Geographic Region (2019): Percentage Breakdown of Volume Sales for Asia-Pacific, North America, Western Europe and Rest of World
  • World Flooring Market by Type (2019): Percentage Breakdown of Volume Sales for Carpet and Rugs, Ceramic and Stone, Laminate, Resilient and Wood Flooring
  • Global Market for Hard Surface Floorings (2019): Percentage Breakdown by Flooring Types – Vinyl, Ceramic Tiles, Laminates, Hardwood and Others
  • As a Cost-Effective, Easy-to-Install and Low-Maintenance Alternative, Laminate Flooring Continues to Widen Footprint
  • Cost Comparison on Various Types of Flooring
  • While Developing Regions Evolve into Core Markets, Developed Regions Remain Major Revenue Contributors
  • World Laminate Flooring Market (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
  • World Laminate Flooring Market – Geographic Regions Ranked by CAGR (Value Sales) for 2018-2025: China, Asia-Pacific, USA, Middle East, Latin America, Africa, Canada, Europe, and Japan
  • Economic Scenario and its Impact on Laminate Flooring Market
  • Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2020
  • Competitive Scenario
  • Leading Players in the Laminate Flooring Market
  • R&D Remains Major Business Strategy for Manufacturers
  • A Look into Retail Landscape
  • Laminate Flooring: Recent Corporate Activity
  • Laminate Flooring – Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Healthy Trajectory in World Construction Industry Instigates Broad-based Opportunities for Laminate Flooring Market
  • Modest Growth in Non-residential Construction Shapes Revenue Opportunities
  • Renovation and Replacement Activities in Residential Sector Unfurl Lucrative Growth Opportunities
  • Global Construction Spending (In US$ Billion) for the Years 2019, 2022, and 2025
  • Growing Image of Laminate Flooring as Substitute to Wood Flooring Widens Market Prospects
  • Digital Printing Comes to the Fore to Improve Quality & Durability of Laminate Flooring
  • Replacement Market Lifts Demand
  • High Pressure Laminates Preferred Over Low Pressure Counterparts
  • Laminate Gains Traction in Kitchen Flooring
  • Wood-like Designs Preferred for Laminates
  • Global Laminate Product Designs (2019): Percentage Breakdown by Design – Wood Design and Tile Design
  • Non Wood Laminates Gain Popularity for Apartment Flooring
  • A Peek into Latest Fads in Laminate Flooring Market
  • Go Green: The New Mantra of Laminate Flooring Manufacturers
  • Natural and Environmentally Friendly Themes Grow in Prominence
  • Innovative Technologies Accelerate Demand for Laminate Flooring
  • Demand for Fashionable Interiors Bodes Well for Laminate Flooring Market
  • Anti-Bacterial Laminates Enhance Hygiene Aspects of Flooring Materials
  • Mohawk Laminate: Enabling Consumers to Choose Realistic Flooring
  • Issues & Challenges for Laminate Flooring Market
  • Rising Competition from Wood Fibre & Other Flooring Categories
  • Laminate Floorings & Noise Resonance: A Weighty Acoustical Issue

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/twkueo

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