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The Global Laminate Flooring Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. The market is growing by increase in applications across the globe.
Major factor contributing to the market growth is the increasing demand for laminate flooring in the building and construction industry. Other factors such as expansion of the home improvement sector and novel construction segments globally is contributing to global laminate flooring market. Latest technology developments and innovations will witness a string of product innovations over the forecast period. The global laminate flooring market will be driven due to increase in the residential sector on account of the aforementioned developments.
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However, factors such as price volatility of raw materials and their availability are posing challenge to the market. In addition, the spiking raw materials costs have led to the reduction in profit margins, which pose significant threat to the enterprises operating in the global laminate flooring market.
The laminated flooring application accounted for the largest market share in 2017 and is expected to grow considerably during the projected period.
Some of the key players operating in this market include Mohawk Industries Inc., Tarkett, Armstrong World Industries, Inc., Shaw Industries, Inc., Mannington Mills, Inc., Beaulieu International Group., CLASSEN Group, Power Dekor, Nature, Kastamonu Entegre and Others.
Key Benefits of the Report:
* Laminate Flooring manufacturers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
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The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
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TABLE OF CONTENT
2 Methodology And Market Scope
3 Laminate Flooring Market — Industry Outlook
4Laminate Flooring Market Application Method Outlook
5 Laminate Flooring Market Regional Outlook
6 Competitive Landscape
End Of The Report
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