Laminate Flooring Market - Segmented by Type, Growth, Trends, and Forecast (2019 - 2023)

14 February 2019: Laminate Flooring Market was million US$ in 2018 and is expected to million US$ by the end of 2023, growing at a CAGR of between 2019 and 2023.This report studies the Laminate Flooring market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2023; This report also studies the global Laminate Flooring market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Global Laminate Flooring Market is anticipated to grow at a significant CAGR of 5.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Laminate flooring also known as “floating wood tile” in the United States. Laminate flooring implies an artificial product made up of numerous layers that are closed together by the lamination procedure.

Laminate flooring is a versatile and durable flooring solution made up of fiberboard and melamine resin materials. It comprises four layers; viz design layer, wear layer, back layer, and core layer; which are attached together using extreme pressure and heat. Laminate floors are fade, burn, dent, stain and scratch resistant.

Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/laminate-flooring-market/request-sample

The factors that propel the growth of the Laminate Flooring Market include improving standards of living, growing population, improvements in the printing and designing technology, introduction of innovative product designs by the key players, ease in the installation. On the other hand, there are factors that may hamper the growth of the market including price instability of the raw materials.

The market may be explored by type, application, sale channel, and geography. The market may be explored by type as Embossed Laminate Flooring, Crystal Laminate Flooring, Square Parquet Laminate Flooring, Moulding Press Laminate Flooring, and Other.

The key applications that could be explored in the Laminate Flooring Market include Commercial, Residential, Education, Healthcare, Office, Hospitality, Retail, and Other. The “Commercial” segment led the Laminate Flooring Market in 2014 and is anticipated to maintain its dominance by 2023. The market could be explored based on sale channel as Distribution Channel, and Direct Channel.

Some of the key players that fuel the growth of the Laminate Flooring Market comprise Mohawk Industries, CLASSEN Group, Shaw Industries, Tarkett, Kronoflooring, Power Dekor, Armstrong, Kastamonu Entegre, Formica Group, and Homenice. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/laminate-flooring-market

Laminate Flooring Market by Geographical Regions:-

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

Laminate Flooring Market by Applications:-

•         Jewelry

•         Printed Material

•         Others

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria,

Model Colony, Shivaji Nagar, Pune, MH, 411016 India

tel: 91-20-65300184

Email: sales@millioninsights.com

Visit Our Blog: www.millioninsights.blogspot.com