North America Laminate Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

North America Laminate Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The North America laminate flooring market size reached 134.0 Million Sq. Meters in 2022. Looking forward, IMARC Group expects the market to reach 161.0 Million Sq. Meters by 2028, exhibiting a growth rate (CAGR) of 3% during 2023-2028.

Laminated floor refers to a type of synthetic floor covering designed to have stone or wood-like appearance. It is made up of fiberboard particles combined with aluminum oxide and resins. Laminate flooring is economical, highly resistant to dust and damage, versatile, durable, eco-friendly and is easy to install. Accounting to this, it is employed in the construction activities for industrial, residential and commercial buildings.

North America represents one of the largest markets for laminated flooring owing to emerging renovation activities in the region. In addition to this, several initiatives are taking place for the revival and restoration of different educational and public buildings, thus boosting the sales of laminated flooring. Rising environmental concerns towards the usage of timber and new technological innovations will continue to spur the demand in the upcoming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America laminate flooring market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on type and sector.

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by Type
HDF Laminates
MDF Laminates

Market by Sector
Residential
Commercial

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:

How has the North America laminate flooring market performed so far and how will it perform in the coming years?
What are the key regions in the North America laminate flooring market?
What has been the impact of COVID-19 on the North America laminate flooring market?
What is the breakup of the North America laminate flooring market on the basis of type?
What is the breakup of the North America laminate flooring market on the basis of sector?
What are the various stages in the value chain of the North America laminate flooring industry?
What are the key driving factors and challenges in the North America laminate flooring industry?
What is the structure of the North America laminate flooring industry and who are the key players?
What is the degree of competition in the North America laminate flooring industry?
What are the profit margins in the North America laminate flooring industry?