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?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Laminate Flooring Market
- 5.1 Market Performance
- 5.2 Market Breakup by Type
- 5.3 Market Breakup by Sector
- 5.4 Market Breakup by Region
- 5.5 Market Forecast
- 6 North America Laminate Flooring Market
- 6.1 Market Performance
- 6.2 Impact of COVID-19
- 6.3 Market Forecast
- 7 North America Laminate Flooring Market: Breakup by Type
- 7.1 HDF Laminates
- 7.2 MDF Laminates
- 8 North America Laminate Flooring Market: Breakup by Sector
- 8.1 Residential
- 8.2 Commercial
- 9 North America Laminate Flooring Market: Breakup by Country
- 9.1 United States
- 9.1.1 Historical Market Trends
- 9.1.2 Market Breakup by Type
- 9.1.3 Market Breakup by Sector
- 9.1.4 Market Forecast
- 9.2 Canada
- 9.2.1 Historical Market Trends
- 9.2.2 Market Breakup by Type
- 9.2.3 Market Breakup by Sector
- 9.2.4 Market Forecast
- 9.3 Mexico
- 9.3.1 Historical Market Trends
- 9.3.2 Market Breakup by Type
- 9.3.3 Market Breakup by Sector
- 9.3.4 Market Forecast
- 10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
- 11 Value Chain Analysis
- 11.1 Overview
- 11.2 Raw Material Procurement
- 11.3 Manufacturing
- 11.4 Marketing
- 11.5 Distribution
- 11.6 Export
- 11.7 End-Use
- 12 Porter’s Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Rivalry
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
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