Global Laminate Flooring Market Trajectory & Analytics Report 2020-2027 with Short-term COVID-19 Impact Analysis
Dublin, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The "Laminate Flooring - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Laminate Flooring is projected to reach US$21.3 billion by 2025, driven by new flooring trends that drive demand in favour of laminates given their virtually unlimited variety of styles, designs and colours available. Homeowners are always on the lookout for beautiful flooring options at affordable prices.
Laminate floors provide both the elegance and beauty of expensive natural wood, ceramic and porcelain tiles at low prices. Made up of layers of adhered fiberboard with printed images of wood, tile or stone, laminate floors are today a popular choice among homeowners.
Recent innovations in decorative overlays and improvements in physical characteristics such as protection against normal wear; advanced stain resistance; impact and indentation resistance; fade resistance; radiant heat resistance; dimensional tolerances; have all helped expand applications in both the residential and commercial sectors.
Resistance to chemicals, for instance, is encouraging the use of laminate flooring in beauty salons, laboratories, and healthcare facilities. Innovations in digital designs are making laminates perfect floor options for boutiques, bookstores, art galleries, dry cleaner shops, banks, gift shops, photography studios, hotel rooms, coffee shops, jewellery stores, professional offices, classrooms, and waiting rooms.
To impart elegance to a home, homeowners are using exotic grainy designs in rich colourations and textured details that can magically turn a kitchen into a vintage butler pantry. Wenge style flooring in deep chocolate tones is a perfect choice for homeowners wishing to impart to their living rooms a rich, elegant and expensive look of rare wood species.
Waterproof laminates in exotic rich colours from golden honey tones to rich russet-brown help transform basement media room from being stuffy and lifeless into a bright multimedia retreat. White plank styled laminates with sound insulation represent a frugal way to turn bedrooms into an oasis of comfort & regeneration, while laminate floors in imperial oak designs bring glamour and refinement to outdoor patio spaces. Laminate flooring, in short, is a bold direction forward in decorative surfaces and the market holds a growth edge given its growing acceptance in the non-residential sector.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Laminate Flooring: An Insight
History and Development
The Manufacturing Process
Durability Testing
Installation and Maintenance
Preferred Attributes in Laminate Flooring
Raw Materials Overview
Applications of Laminate Flooring
Decorative Laminates: A Bold New Direction in Decorative Surfaces
A Prelude to Laminate Flooring
Laminate Flooring: Current Market Scenario and Outlook
Growth Drivers for Laminate Flooring Market: On a Scale of 1 - 10 (10 - High Impact; 1 - Low Impact)
Growth Dampeners for Laminate Flooring Market: On a Scale of 1 - 10 (10 - High Impact; 1 - Low Impact)
Laminate Flooring Evolves into a Niche Segment within the Thriving World Flooring Industry
New Flooring Trends Revive Optimism in the World Flooring Market
World Flooring Market by Geographic Region (2019): Percentage Breakdown of Volume Sales for Asia-Pacific, North America, Western Europe and Rest of World
World Flooring Market by Type (2019): Percentage Breakdown of Volume Sales for Carpet and Rugs, Ceramic and Stone, Laminate, Resilient and Wood Flooring
Global Market for Hard Surface Floorings (2019): Percentage Breakdown by Flooring Types - Vinyl, Ceramic Tiles, Laminates, Hardwood and Others
As a Cost-Effective, Easy-to-Install and Low-Maintenance Alternative, Laminate Flooring Continues to Widen Footprint
Cost Comparison on Various Types of Flooring
While Developing Regions Evolve into Core Markets, Developed Regions Remain Major Revenue Contributors
World Laminate Flooring Market (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
World Laminate Flooring Market - Geographic Regions Ranked by CAGR (Value Sales) for 2018-2025: China, Asia-Pacific, USA, Middle East, Latin America, Africa, Canada, Europe, and Japan
Economic Scenario and its Impact on Laminate Flooring Market
Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2020
Competitive Scenario
Leading Players in the Laminate Flooring Market
R&D Remains Major Business Strategy for Manufacturers
A Look into Retail Landscape
Laminate Flooring: Recent Corporate Activity
Global Competitor Market Shares
Laminate Flooring Competitor Market Share Scenario Worldwide (in %): 2019
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Beaulieu International Group (Belgium)
CLASSEN Group (Germany)
Daiken Corporation (Japan)
Der International Flooring Co., Ltd. (China)
FausFloor (USA)
Home Legend, LLC (USA)
Kaindl Flooring GmbH (Austria)
Mannington Mills, Inc. (USA)
Mohawk Industries, Inc. (USA)
Pergo (USA)
Robina Flooring Sdn Bhd (Malaysia)
Shaw Industries, Inc. (USA)
SWISS KRONO Group (Switzerland)
Tarkett, Inc. (USA)
Wickes (UK)
3. MARKET TRENDS & DRIVERS
Healthy Trajectory in World Construction Industry Instigates Broad-based Opportunities for Laminate Flooring Market
Modest Growth in Non-residential Construction Shapes Revenue Opportunities
Renovation and Replacement Activities in Residential Sector Unfurl Lucrative Growth Opportunities
Global Construction Spending (In US$ Billion) for the Years 2019, 2022, and 2025
Growing Image of Laminate Flooring as Substitute to Wood Flooring Widens Market Prospects
Digital Printing Comes to the Fore to Improve Quality & Durability of Laminate Flooring
Replacement Market Lifts Demand
High Pressure Laminates Preferred Over Low Pressure Counterparts
Laminate Gains Traction in Kitchen Flooring
Wood-like Designs Preferred for Laminates
Global Laminate Product Designs (2019): Percentage Breakdown by Design - Wood Design and Tile Design
Non Wood Laminates Gain Popularity for Apartment Flooring
A Peek into Latest Fads in Laminate Flooring Market
Go Green: The New Mantra of Laminate Flooring Manufacturers
Natural and Environmentally Friendly Themes Grow in Prominence
Innovative Technologies Accelerate Demand for Laminate Flooring
Demand for Fashionable Interiors Bodes Well for Laminate Flooring Market
Anti-Bacterial Laminates Enhance Hygiene Aspects of Flooring Materials
Mohawk Laminate: Enabling Consumers to Choose Realistic Flooring
Issues & Challenges for Laminate Flooring Market
Rising Competition from Wood Fibre & Other Flooring Categories
Laminate Floorings & Noise Resonance: A Weighty Acoustical Issue
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 69
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