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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Laminate Flooring Market Analysis
Laminate flooring reduces the requirement for skilled labour, is easy to install, and is relatively inexpensive as compared to engineered wood, stone floor coverings, and solid hardwood. These favourable properties are supporting the growth of the global laminate flooring market. The rising population, increasing construction activities, and improved lifestyles have led to a rise in the demand for modern housing, particularly in developing countries, which, in turn, have considerably contributed to the growth of the market. The mounting construction activities, increasing investments in the real estate sector, and the escalating demand for wood-based flooring materials have also stimulated the growth of the market globally. Moreover, advanced features such as custom prints and designs, better wear layers, high-quality visuals, and improved chemical resistance are also anticipated to fuel the demand for laminate flooring across the globe. Consequently, advancements in printing and designing technologies are expected to stimulate the demand for the product across the globe.
Laminate Flooring Market Report Snapshots
Laminate Flooring Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global laminate flooring market attained a volume of nearly 1028.81 million sq. metres.
The market is projected to grow at a CAGR of 1.8% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about 1208.03 million sq. metres by 2032.
The major market drivers include the growing demand for housing, particularly in emerging economies, rising disposable incomes, increasing population, rising demand for affordable and aesthetically appealing flooring materials, and growing technological advancements and innovations.
The growing focus on interior decoration, increasing investments in the real-estate sector, and advancements in printing and designing technology are the key trends guiding the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
HDF laminates and MDF laminates are the major types of laminate flooring.
The significant sectors considered in the market report include residential and commercial.
The major market players include Mohawk Industries, Tarkett, AFI Licensing LLC, Shaw Industries Group, Inc., and Mannington Mills, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124