Market Snapshot:
Laminate wooden flooring is a multi-layer flooring product fused together with a lamination process. Laminate wooden flooring with a photographic applique layer under a clear protective layer. The inner core layer is usually composed of melamine resin and fiberboard materials. Laminate wood flooring has grown significantly in popularity as it is easier to install and maintain than more traditional floors as hardwood flooring. It also has the advantages of costing less and not much require skill to install than alternative flooring materials. It is highly durable, hygienic and easy to maintain. The growing demand of giving artistic look to the floorings leads to the growth in laminated wood flooring.
Highlights from Laminated Wood Flooring Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are ACCORD FLOORS (India), Armstrong World Industries, Inc. (United States), Avant Flooring (United Arab Emirates), Greenlam Industries (India), Parkay Floors (United States), Mohawk flooring company (United States), Burke Flooring Products, Inc. (United States), Columbia Flooring (United States), Kronospan (Austria) and Wicanders (Portugal). Additionally, other players that are part of this comprehensive study are EGO FLOORING PVT. LTD. (India) and Lamiwood Flooring Company (India).
Geographic Breakdown and Segment Analysis
The Global Laminated Wood Flooring market presents a comprehensive analysis of the Laminated Wood Flooring market by end-user/application (Commercial, Residential, Healthcare and Educational institutes), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Laminated Wood Flooring industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Laminated Wood Flooring market
Analyst at AMA have segmented the market study of Global Laminated Wood Flooring market by Type, Application and Region.
Influencing Trend:
The growing demand for engineered woods flooring due to its high temperature and humidity resistance
Market Growth Drivers:
Advancement in designing and printing technology of flooring to give artistic look leads to the growing demand for laminated wood flooring, and Increasing renovation and floor replacement activities in residential and commercial application leads to the growing demand for laminated wood flooring
Challenges:
Deep scratched or grooved cannot be refinished so it must be replaced
Restraints:
Government regulations against deforestation and Woods are expensive materials as compared to other materials for flooring
Opportunities:
Ease of installation and require relatively lesser skilled labors for laminated wood flooring
Market Developments Activities:
In May 2022, Swiss based BauWerk Group AG Acquired Somerset Hardwood Flooring a vertically integrated Forest product company based is Somerset KY.
In May 2019, Lamiwood Flooring Company, a manufacturer and supplier of Wood and laminate flooring launched pattern wood flooring those are comes in several variations from single, double and diagonal blocks or strips in India
Key Target Audience
New Entrants/Investors, Manufacturers, Analysts and Strategic Business Planners and Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry