Global Laminate Flooring Market Growth 2023-2029

Global Laminate Flooring Market Growth 2023-2029

Product Code:457149

Published Date: Feb 08,2023

Pages: 121

Region: Global

Category: Chemical & Material

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Laminate flooring (also called floating wood tile in the United States) is a multi-layer synthetic flooring product fused together with a lamination process. Laminate flooring simulates wood (or sometimes stone) with a photographic applique layer under a clear protective layer. The inner core layer is usually composed of melamine resin and fiber board materials.

LPI (LP Information)' newest research report, the “Laminate Flooring Industry Forecast” looks at past sales and reviews total world Laminate Flooring sales in 2022, providing a comprehensive analysis by region and market sector of projected Laminate Flooring sales for 2023 through 2029. With Laminate Flooring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laminate Flooring industry.

This Insight Report provides a comprehensive analysis of the global Laminate Flooring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laminate Flooring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laminate Flooring market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laminate Flooring and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laminate Flooring.

The global Laminate Flooring market size is projected to grow from US$ 17310 million in 2022 to US$ 23160 million in 2029; it is expected to grow at a CAGR of 23160 from 2023 to 2029.

Global Laminate Flooring key players include Mohawk Industries, Shaw Industries, CLASSEN, Tarkett, Power Dekor, etc. Global top five manufacturers hold a share over 25%. 
China is the largest market, with a share over 30%, followed by North America and Europe, both have a share over 50% percent. 
In terms of product, Thin Laminate Flooring is the largest segment, with a share over 60%. And in terms of application, the largest application is Residential, followed by Commercial.

This report presents a comprehensive overview, market shares, and growth opportunities of Laminate Flooring market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Thin Laminate Flooring
    Thick Laminate Flooring

Segmentation by application
    Residential
    Commercial

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Mohawk Industries
    Shaw Industries
    CLASSEN
    Tarkett
    Power Dekor
    Armstrong
    Kastamonu Entegre
    Kronoflooring
    Homenice
    Formica
    Nature
    Samling
    Mannington Mills
    Egger
    Swiss Krono
    An Xin
    Alsafloor SA
    Der International Flooring
    Kaindl Flooring
    Meisterwerke
    Range Gunilla Flooring
    Shiyou Timber
    Hamberger Industriewerke
    Robina Flooring Sdn Bhd
    Shengda
    Faus

Key Questions Addressed in this Report
What is the 10-year outlook for the global Laminate Flooring market?
What factors are driving Laminate Flooring market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Laminate Flooring market opportunities vary by end market size?
How does Laminate Flooring break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?