Global Underlayment Market Growth 2023-2029

Global Underlayment Market Growth 2023-2029

Underlayment is the layer of material directly beneath your floor covering. If you were to tear up the flooring in your home, you would likely find many layers. When you removed the floor covering, also called the finish floor, you’d expose the underlay. Remove that, and you would find a subfloor such as OSB (oriented strand board), plywood or concrete. A moisture and/or vapor barrier might be found among the layers too, especially in basement flooring, or the underlay might include a barrier in its construction.
LPI (LP Information)' newest research report, the “Underlayment Industry Forecast” looks at past sales and reviews total world Underlayment sales in 2022, providing a comprehensive analysis by region and market sector of projected Underlayment sales for 2023 through 2029. With Underlayment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Underlayment industry.
This Insight Report provides a comprehensive analysis of the global Underlayment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Underlayment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Underlayment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Underlayment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Underlayment.
The global Underlayment market size is projected to grow from US$ 1009.6 million in 2022 to US$ 1418.6 million in 2029; it is expected to grow at a CAGR of 1418.6 from 2023 to 2029.
The key players of Underlayment include Leggett & Platt, James Hardie, etc. The top three players of Underlayment account for approximately 20% of the total market. North America is the largest market of Underlayment accounting for about 31% followed by Asia-Pacific and Europe. In terms of Type, CBU is the largest segment, with a share about 28%. And in terms of Application, the largest application is Tile Flooring, followed by Laminate Flooring.
This report presents a comprehensive overview, market shares, and growth opportunities of Underlayment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
CBU
Polyethylene
Rubber
Cork
Plywood
Others
Segmentation by application
Tile Flooring
Laminate Flooring
Vinyl Flooring
Carpet Flooring
Hardwood Flooring
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
USG
James Hardie
Leggett & Platt
National Gypsum
Custom Building
QEP
MP Global
Swiss Krono
AcoustiCORK
Manton
Pak-Lite
Sealed-Air
Foam Products
Ultimate Rb
Patriot Timber
Changzhou Highsun Decorative Material
Schluter Systems
Key Questions Addressed in this Report
What is the 10-year outlook for the global Underlayment market?
What factors are driving Underlayment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Underlayment market opportunities vary by end market size?
How does Underlayment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.