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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Laminate Flooring Market Size
The North America laminate flooring market attained a volume of 130.82 million square metres in 2023. The industry is further expected to grow at a CAGR of 3.5% between 2024 and 2032 to reach a volume of almost 178.24 million square metres by 2032.
The industry in North America is the largest market for laminated flooring owing to the emerging renovation activities in the region. Furthermore, various initiates are being taken by the government to revive and restore several educational and public buildings, consequently enhancing the industry growth for laminate flooring. The rising global concerns regarding the usage of timber and new technological innovations will continue to propel the market growth in the upcoming years.
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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