Global Laminate Flooring

Global Laminate Flooring

Global demand for laminate flooring is forecast to rise 2.6% per year through 2024 to 1.4 billion square meters valued at $13.1 billion. Increases will be supported by laminate flooring’s ease of installation, boosting its use in residential replacement and remodeling applications. In addition, the product can provide a wood aesthetic more affordably than other products, an important consideration in lower income countries. Other factors that will contribute to market advances include producer efforts to offer more aesthetically pleasing products (such as those that resemble tropical hardwoods) as well as product types in longer and wider planks that are easier to install. Increasing use of products with more durable wear layers that have longer product lifespans will also support growth.

This report covers the global laminate flooring market by decorative laminate type, market, and major world region and country. Data are given in square meters and dollar value.

Decorative laminate types covered:
Low-pressure laminates
High-pressure laminates

Markets for laminate flooring products, including new and improvement and repair applications:
Residential
Nonresidential

Regional (country) markets for hard surface flooring products:
* North America (United States, Mexico, Canada)
* Central & South America (Brazil, Other Central & South America)
* Western Europe (France, Germany, United Kingdom, Spain, Italy, Other Western Europe)
* Eastern Europe (Russia, Other Eastern Europe)
* Asia/Pacific (China, India, Japan, Indonesia, South Korea, Australia, Other Asia/Pacific)
* Africa/Mideast (Turkey, Saudi Arabia, Other Africa/Mideast)

Scope of the Report
This report covers the scope, size, and growth of the global laminate market, including key trends in product and market segmentation. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029, with year-by-year historical market volatility also addressed. Data are provided in square meters and dollar value. Also included is an analysis of the industry key players and their market shares.