Market Overview:
The global laminate flooring market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laminate flooring from commercial and residential applications. Additionally, the growing awareness about the benefits of using laminate flooring is also contributing to the growth of this market. The global laminate flooring market by type is segmented into YAG laser drilling machine, fiber laser drilling machine, and CO2 laser drilling machine.
Product Definition:
Laminate Flooring is a popular flooring choice for many homes because it looks like hardwood but is much more affordable. Laminate flooring is made of several layers of materials bonded together. The top layer is usually a photograph of wood or another type of surface. A protective coating covers the photograph, and underneath that are layers of fiberboard and plastic.
YAG Laser Drilling Machine:
The YAG laser drilling machine is a device that utilizes the principle of optical absorption to drill or bore through solid materials. The laser beam used in these machines is generated by an optical fiber which is then transmitted to the drilling head. The material which gets drilled has to be transparent and non-ferromagnetic.
Fiber Laser Drilling Machine:
A fiber laser drilling machine is a device that uses lasers to drill holes in materials such as wood, plastic, and concrete. It works by melting the material it drills through with extremely high temperatures. The melted material is then forced out of the hole by the drill's rotation speed.
The major advantage of using this technique over other conventional techniques like auger or screw driving is that there's no need for a long drilling rod and thus less waste produced during drilling operations.
Application Insights:
The commercial aviation application segment accounted for the largest share of over 30.0% in 2017. The growth can be attributed to increasing demand from major airports, such as Dubai, Doha and others across the world. In addition, a number of low-cost carriers are operating directly to secondary airports without the need for a transfer or stopover at major hubs, which is further driving demand from this application segment.
The military aviation application segment is expected to witness significant growth over the forecast period owing to rising defense expenditure by countries such as China and India along with U.S., Canada and Mexico who have prominent military air bases near them where fighter aircraft can land on short runways with good accuracy using laminate floorsing materials installed in hangars & simulators buildings respectively for training purposes only!.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. Growing aviation industry across these countries has led to an increased demand for high-quality flooring solutions that are long lasting, eco-friendly and cost-effective. This factor will further boost the regional product demand in future years.
Europe accounted for a significant share of revenue in 2017 owing to growing construction sector across major countries such as Germany, Italy and Spain after they emerged from recession between 2014 and 2016. Moreover, rapid growth of commercial office space sector on account of increasing number of companies opting for flexible lease agreements will drive product adoption over next eight years.
Growth Factors:
- Increasing demand from the construction sector for flooring solutions that offer durability and easy installation.
- Rising consumer preference for affordable and stylish flooring options that can be easily cleaned and maintained.
- Growing awareness about the health benefits of using laminate flooring, especially in households with children and pets.
- Proliferation of online retail platforms that offer a wide range of laminate flooring products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laminate Flooring Market Research Report
By Type
YAG Laser Drilling Machine, Fiber Laser Drilling Machine, CO2 Laser Drilling Machine
By Application
Commercial aviation, Military aviation
By Companies
Trumpf, Prima Power, Bystronic, Coherent, Winbro, Han’s Laser, LG Laser
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Laminate Flooring Market Report Segments:
The global Laminate Flooring market is segmented on the basis of:
Types
YAG Laser Drilling Machine, Fiber Laser Drilling Machine, CO2 Laser Drilling Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial aviation, Military aviation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trumpf
- Prima Power
- Bystronic
- Coherent
- Winbro
- Han’s Laser
- LG Laser
Highlights of The Laminate Flooring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- YAG Laser Drilling Machine
- Fiber Laser Drilling Machine
- CO2 Laser Drilling Machine
- By Application:
- Commercial aviation
- Military aviation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laminate Flooring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laminate flooring is a type of flooring made from several thin sheets of wood that are glued together. The sheets are then covered with a layer of plastic or other material to protect them and make them more durable. Laminate floors can be very affordable and easy to install, but they may not be as durable as other types of flooring.
Some of the major companies in the laminate flooring market are Trumpf, Prima Power, Bystronic, Coherent, Winbro, Han’s Laser, LG Laser.
The laminate flooring market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laminate Flooring Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laminate Flooring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laminate Flooring Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laminate Flooring Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laminate Flooring Market Size & Forecast, 2020-2028
4.5.1 Laminate Flooring Market Size and Y-o-Y Growth
4.5.2 Laminate Flooring Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 YAG Laser Drilling Machine
5.2.2 Fiber Laser Drilling Machine
5.2.3 CO2 Laser Drilling Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial aviation
6.2.2 Military aviation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laminate Flooring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laminate Flooring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 YAG Laser Drilling Machine
9.6.2 Fiber Laser Drilling Machine
9.6.3 CO2 Laser Drilling Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial aviation
9.10.2 Military aviation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 YAG Laser Drilling Machine
10.6.2 Fiber Laser Drilling Machine
10.6.3 CO2 Laser Drilling Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial aviation
10.10.2 Military aviation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 YAG Laser Drilling Machine
11.6.2 Fiber Laser Drilling Machine
11.6.3 CO2 Laser Drilling Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial aviation
11.10.2 Military aviation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 YAG Laser Drilling Machine
12.6.2 Fiber Laser Drilling Machine
12.6.3 CO2 Laser Drilling Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial aviation
12.10.2 Military aviation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 YAG Laser Drilling Machine
13.6.2 Fiber Laser Drilling Machine
13.6.3 CO2 Laser Drilling Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial aviation
13.10.2 Military aviation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laminate Flooring Market: Competitive Dashboard
14.2 Global Laminate Flooring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trumpf
14.3.2 Prima Power
14.3.3 Bystronic
14.3.4 Coherent
14.3.5 Winbro
14.3.6 Han’s Laser
14.3.7 LG Laser
