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Global Wood and Laminate Flooring Market Will Reach USD 174,455 Million by 2026

  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2019 to 2026

The global Wood and Laminate Flooring market is expected to increase from USD 121,369 million in 2019 to USD 174,455 million by 2026, registering a CAGR of 5.32% from 2019 to 2026.

Laminate flooring is a multi-layer synthetic flooring product fused together with a lamination process. Laminate flooring simulates wood with a photographic applique layer under a clear protective layer. The inner core layer is usually composed of melamine resin and fiber board materials.

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Wood And Laminate Flooring

Key Players:

Key players in the Wood and Laminate Flooring market cover Mannington Mills, Shaw, Somerset, Armstrong, Mohawk, Mullican, Pergo, Millstead, Interface, Bruce, Swiss Krono Group, Classen Group, Kastamonu Entegre, Wineo, Dare Power Dekor Home, Tarkett, Robina Flooring Sdn Bhd, An-Xin, and others.

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Market Driver and Restraint

Increasing demand in the new construction and home improvement sectors has become the main driver of growth. However, the volatile prices of wood and other raw materials and the increasing costs of production restrain the growth of the Wood and Laminate Flooring market.

Forecast by Geography

In 2018, the global Wood and Laminate Flooring market was mainly concentrated in the three regions of Asia-Pacific, North America and Europe. Asia-Pacific is the largest market at a share of 34.25%, owing to a rise in disposable income coupled with an increase in infrastructure development and urbanization. North America is the second largest market at a share of 28.65%, followed by Europe, accounting for 26.33%.

Type Segment

  • Wood Flooring
  • Laminate Flooring

Application Segment

  • Commercial Flooring
  • Residential Flooring

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Target Audience:

Wood and Laminate Flooring manufacturers

Raw material suppliers of Wood and Laminate Flooring

Distributors and resellers of Wood and Laminate Flooring

Wood and Laminate Flooring industry associations

Product managers, Wood and Laminate Flooring industry administrator, C-level executives of the industries

Market Research and consulting firms