Market Overview:
The global laminate wood flooring market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laminate wood flooring from residential and commercial applications. In terms of type, the 3 inch to 4 inch segment is expected to dominate the global market during the forecast period, followed by segments with larger than 6 inches and 5 inch to 6 inch widths. Region-wise, North America is expected to lead the global market in terms of revenue during 2018-2030 owing to high adoption rates for laminate wood flooring in residential and commercial applications.
Product Definition:
Laminate flooring is a type of flooring that is made up of several different layers. The top layer is usually made from a high-quality wood, and the other layers are usually composed of materials like plastic or vinyl. Laminate flooring can be installed in a variety of ways, including floating over an existing surface or glued down to the subfloor. Laminate floors are often chosen for their durability and low maintenance requirements.
3 Inch to 4 Inch:
3 inch to 4 inch refers to the width of a single sheet in terms of its finished dimensions when it is laid across the lap. It is also known as a nosing or profiling board and can be used for various applications such as underlayment, subflooring, and even surface decoration. The growth factor in 3/4 inch laminate wood flooring market refers to how many layers are present between each plywood layer.
5 Inch to 6 Inch:
The 5 inch to 6 inch refers to the measurement of laminate wood flooring. It is a popular size for residential applications and its smaller counterpart, the 5 inches to 7 inches, is preferred in commercial applications. The thickness of these floors ranges from 1/4 inch up to 3/8th inch and it can be installed on concrete as well as on wooden sub-flooring.
Application Insights:
The residential application segment accounted for the largest share of more than 70.0% in 2017. The growth can be attributed to increasing demand from single-family houses as well as multi-story residential buildings. In addition, rising disposable income among consumers in developing countries including China and India is expected to have a positive impact on market growth over the forecast period.
Commercial applications are expected to witness significant gains at a CAGR of XX% from 2018 to 2030 owing to an increase in demand for high quality flooring solutions that offer resistance against moisture and other environmental factors such as abrasion, shock, stain & water spillage along with cost-effectiveness among others which makes it highly suitable for commercial spaces such as offices.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising disposable income levels are anticipated to fuel the demand for laminate wood flooring in this region over the forecast period.
The Asia Pacific was followed by Europe which accounted for 26% of total market share in 2017 owing to high product penetration and growing consumer preference towards luxury living spaces with enhanced aesthetic appeal.
Growth Factors:
- Increasing demand from the construction sector for flooring applications
- Rising disposable income of consumers, which is resulting in an increase in spending on home improvement products
- Growing popularity of wood laminate flooring as a low-cost and high-quality alternative to traditional hardwood flooring
- Proliferation of online retail channels, which is making it easier for consumers to purchase wood laminate flooring products
- Technological advancements that are resulting in the development of new and innovative wood laminate flooring products
Scope Of The Report
Report Attributes
Report Details
Report Title
Laminate Wood Flooring Market Research Report
By Type
3 Inch to 4 Inch, 5 Inch to 6 Inch, Larger than 6 Inches
By Application
Residential, Commercial
By Companies
Shaw Industries, Mohawk Industries, CLASSEN Group, Egger, Tarkett, Power Dekor, Armstrong, Kastamonu Entegre, Kronoflooring, Homenice, Formica Group, Nature Flooring Industries, Samling Group, Mannington Mills, Der International Flooring, Swiss Krono Group, Chiping Xinfeng Wood, Alsafloor SA, Kaindl Flooring, Meisterwerke
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Laminate Wood Flooring Market Report Segments:
The global Laminate Wood Flooring market is segmented on the basis of:
Types
3 Inch to 4 Inch, 5 Inch to 6 Inch, Larger than 6 Inches
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
Residential, Commercial
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:
- Shaw Industries
- Mohawk Industries
- CLASSEN Group
- Egger
- Tarkett
- Power Dekor
- Armstrong
- Kastamonu Entegre
- Kronoflooring
- Homenice
- Formica Group
- Nature Flooring Industries
- Samling Group
- Mannington Mills
- Der International Flooring
- Swiss Krono Group
- Chiping Xinfeng Wood
- Alsafloor SA
- Kaindl Flooring
- Meisterwerke
Highlights of The Laminate Wood 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:
- 3 Inch to 4 Inch
- 5 Inch to 6 Inch
- Larger than 6 Inches
- By Application:
- Residential
- Commercial
- 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 Wood 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
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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 wood flooring is a type of flooring made from several thin sheets of wood that are glued together. This type of flooring is popular because it is easy to clean and has a variety of colors and patterns that can be customized.
Some of the key players operating in the laminate wood flooring market are Shaw Industries, Mohawk Industries, CLASSEN Group, Egger, Tarkett, Power Dekor, Armstrong, Kastamonu Entegre, Kronoflooring, Homenice, Formica Group, Nature Flooring Industries, Samling Group, Mannington Mills, Der International Flooring, Swiss Krono Group, Chiping Xinfeng Wood, Alsafloor SA, Kaindl Flooring, Meisterwerke.
The laminate wood flooring market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laminate Wood Flooring Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laminate Wood Flooring Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laminate Wood Flooring Market - Supply Chain
4.5. Global Laminate Wood Flooring Market Forecast
4.5.1. Laminate Wood Flooring Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laminate Wood Flooring Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laminate Wood Flooring Market Absolute $ Opportunity
5. Global Laminate Wood Flooring Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laminate Wood Flooring Market Size and Volume Forecast by Type
5.3.1. 3 Inch to 4 Inch
5.3.2. 5 Inch to 6 Inch
5.3.3. Larger than 6 Inches
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laminate Wood Flooring Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laminate Wood Flooring Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laminate Wood Flooring Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laminate Wood Flooring Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laminate Wood Flooring Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laminate Wood Flooring Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laminate Wood Flooring Demand Share Forecast, 2019-2026
9. North America Laminate Wood Flooring Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laminate Wood Flooring Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laminate Wood Flooring Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laminate Wood Flooring Market Size and Volume Forecast by Type
9.7.1. 3 Inch to 4 Inch
9.7.2. 5 Inch to 6 Inch
9.7.3. Larger than 6 Inches
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laminate Wood Flooring Demand Share Forecast, 2019-2026
10. Latin America Laminate Wood Flooring Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laminate Wood Flooring Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laminate Wood Flooring Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laminate Wood Flooring Market Size and Volume Forecast by Type
10.7.1. 3 Inch to 4 Inch
10.7.2. 5 Inch to 6 Inch
10.7.3. Larger than 6 Inches
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laminate Wood Flooring Demand Share Forecast, 2019-2026
11. Europe Laminate Wood Flooring Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laminate Wood Flooring Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laminate Wood Flooring Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laminate Wood Flooring Market Size and Volume Forecast by Type
11.7.1. 3 Inch to 4 Inch
11.7.2. 5 Inch to 6 Inch
11.7.3. Larger than 6 Inches
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market ttractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laminate Wood Flooring Demand Share, 2019-2026
12. Asia Pacific Laminate Wood Flooring Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laminate Wood Flooring Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laminate Wood Flooring Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laminate Wood Flooring Market Size and Volume Forecast by Type
12.7.1. 3 Inch to 4 Inch
12.7.2. 5 Inch to 6 Inch
12.7.3. Larger than 6 Inches
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laminate Wood Flooring Demand Share, 2019-2026
13. Middle East & Africa Laminate Wood Flooring Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laminate Wood Flooring Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laminate Wood Flooring Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laminate Wood Flooring Market Size and Volume Forecast by Type
13.7.1. 3 Inch to 4 Inch
13.7.2. 5 Inch to 6 Inch
13.7.3. Larger than 6 Inches
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laminate Wood Flooring Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laminate Wood Flooring Market: Market Share Analysis
14.2. Laminate Wood Flooring Distributors and Customers
14.3. Laminate Wood Flooring Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shaw Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mohawk Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CLASSEN Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Egger
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tarkett
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Power Dekor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Armstrong
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kastamonu Entegre
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kronoflooring
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Homenice
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Formica Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nature Flooring Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Samling Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mannington Mills
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Der International Flooring
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Swiss Krono Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Chiping Xinfeng Wood
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Alsafloor SA
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kaindl Flooring
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Meisterwerke
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
