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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Laminate Flooring Market Analysis
The laminate flooring industry in North America is driven by the ease of installation of the product, which reduces the intermediary of skilled labour and is comparatively an economically smart option as compared to the solid hardwood, engineered wood, and stone floor coverings. The product can even replicate tiles, stones as well as wood patterns, offering great diverse options for the customers. Furthermore, the growing population and enhancing standards of living have led to a rise in the demand for modern housing, especially in emerging nations, which has consequently contributed to the growth of the industry. Besides, significant investments in the real estate sector, increasing construction activities, and the escalating demand for wood-based flooring materials have flourished the growth of the industry globally. The industry is further aided by the rising introduction of laminate flooring with advanced features, such as better wear layers, custom prints and designs, high-quality visuals, enhanced locking mechanisms, and improved chemical resistance.
North America Laminate Flooring Market Report Snapshots
North America Laminate Flooring Market Size
North America Laminate Flooring Market Analysis
North America Laminate Flooring Companies
*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 North America laminate flooring market reached a volume of 130.82 million square metres.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 3.5%.
By 2032, the market is estimated to attain a volume of nearly 178.24 million square metres.
The market is being driven by the increasing living standards, ease of installation of laminate flooring, and increasing construction activities.
The increasing demand for customised and wood flooring, surging investments in the real-estate sector, and the rising demand for modern housing are the key trends fuelling the market development.
The major countries of laminate flooring in North America include the United States of America and Canada.
HDF laminates and MDF laminates are the major types of laminate flooring.
The significant sectors of laminate flooring considered in the market report are residential and commercial.
The major players in the market are Armstrong Flooring, Inc., Shaw Industries, and Tarkett, among others.
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