Wood And Laminate Flooring - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Wood and Laminate Flooring Market is accounted for $66.35 billion in 2019 and is expected to reach $116.58 billion by 2027 growing at a CAGR of 7.3% during the forecast period. Factors attributing for the growth of the market are the technological advancements in engineered wood floors, sophisticated appearance and ease of maintenance. However, the higher cost associated with the premium timber species is hindering the growth of the market.
Wood and laminate flooring are used to cover the floor structure of a building. Wood and laminates hold a crucial place in the building and construction industry. The wood and laminate flooring is easy to install, cost-effective, durable, hygienic and easy to maintain.
Based on the application, the residential segment is anticipated to hold considerable market share during the forecast period due to the high demand in the residential buildings and rising trend of the construction of single-family homes in developed regions. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to a rise in disposable income coupled with an increase in infrastructure development and urbanization.
Some of the key players profiled in the Wood And Laminate Flooring Market include Boral Timber Flooring, Tarkett S.A., Shaw Industries Group, Inc., Mohawk Industries, Kronospan Limited, Barlinek SA, Goodfellow Inc, Forbo Holding AG, Daiken Corporation, British Hardwoods, Armstrong Flooring, Beaulieu International Group, Mannington Mills, Inc., Kahrs Group, and Abet Inc.
• Wood Flooring
• Laminate Flooring
• Engineered Flooring
• Solid Flooring
• Deck Flooring
Construction Activities Covered:
• New Construction
• Repair & Rehabilitation
Distribution Channels Covered:
• Online Stores
• Offline Stores
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
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