Wood and Laminate Flooring Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026

Published on : Feb-2018 | List of Tables : 86 | List of Figures : 72 | No. of Pages : 170 | Report Code : FACT482MR |

Increasing role of floorings in boosting the physical appearance of homes and other spaces has driven the demand for wood-based floorings and laminate floorings. Low price point and installation convenience of wood and laminate floorings is driving the adoption across the construction industry. Hybrid laminate materials and composite woods are being used to develop advanced floorings. In addition, textural advantage of wood and laminate floorings is becoming a key factor fuelling their sales among upscale consumer community.

global wood and laminate flooring market

According to a recent study published by Fact.MR, the global market for wood and laminate floorings will expand steadily during the forecast period, 2017-2026. Over the period, the global wood and laminate flooring market is assessed to reflect a value CAGR of 5%. By the end of 2026, over 2,130 million sq. meters of wood and laminate floorings are expected to be sold across the globe.

Market Taxonomy

Region

Product Type

End User

Construction Activity

North America

Wood Flooring

Residential

Repair & Rehabilitation

Latin America

Laminate Flooring

Commercial

New Construction

Europe

 

Industrial

 

Japan

     

APEJ

     

MEA

     

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Demand for Wood Floorings is expected to outpace the Adoption of Laminate Floorings

The report has estimated that during the forecast period, sales of wood floorings will gain highest traction. By the end of 2026, more than 1,130 million sq. meters of wood floorings are expected to be sold across the globe. On the other hand, laminate floorings will register a steady volume CAGR of 5.6% during the forecast period. Through 2026, the residential end-use of wood and laminate floorings is estimated to account for more than one-third share on global market volumes. Commercial end-use of wood and laminate flooring is expected to gain traction, reflecting highest volume CAGR of 5.2% over the forecast period.

Europe to Represent Largest Market for Wood and Laminate Floorings through 2026

Wood and laminate floorings are widely used across construction activities, but their adoption is set to remain predominant in repair and rehabilitation. By 2026-end, over 1,300 million sq. meters of wood and laminate floorings will be sold globally for repair and rehabilitation activities. The report further reveals that Europe will be the largest adopter of wood and laminate floorings through 2026. While the Asia-Pacific excluding Japan (APEJ) region is expected to register highest production of wood and laminate floorings, their demand is slated to remain high in European countries. By the end of 2026, Europe wood and laminate flooring market is expected to register sales of nearly 790 million sq. meters.

Competition Tracking

Leading manufacturers of wood and laminate floorings have been profiled in the report. Companies namely, Tarkett, Mannington Mills, Inc., Mohawk Group, Abet Inc., Berkshire Hathaway Inc., Goodfellow Inc., Forbo Holding AG, Armstrong Flooring, Kronospan Limited, Kahrs Holding AB and Bauwerk-Boen are expected to instrument the global production of wood and laminate flooring through 2026. Majority of these companies are expected to develop floorings with advanced materials made from composite wood and hybrid laminates. In addition, increasing the durability of wood and laminate floorings will remain a key concern for market players in the foreseeable future.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Floorings are a key amenity for homes, and their presence enhances the natural appearance of physical spaces. Floorings made of wood and laminates are becoming sought-after for providing a traditional look at affordable prices. This report, compiled by Fact.MR, provides in-depth analysis of the global wood and laminate floorings market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.

Scope:

The scope of the Fact.MR’s report is to analyze the global wood and laminate floorings market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Wood and laminate floorings manufacturers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report.

In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report. The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global wood and laminate floorings market.

Summary:

The report introduces the current scenario of the market for wood and laminate floorings. The executive summary section of the report offers information regarding the future scope of the global wood and laminate floorings market. Brief information on the vital aspects, facts, and statistics on the global wood and laminate floorings market is emphasized in this section.

Overview:

This section offers an overview of the global wood and laminate floorings market. This section comprises definition of the product – wood and laminate floorings, along with key insights on dynamics playing an important role towards the growth of the market. The overview also includes market value and year-on-year growth defining the future progress and decline of the global wood and laminate floorings. Data on the year-on-year growth provides readers with an overall view on expected progress reshaping growth during the forecast period.

In the next section, the report provides insights on major drivers, key trends, and retrains on the basis of demand, supply and macro-economic factors. The report also talks about an impact analysis of drivers and restraints that helps in decision-making and becoming more efficient.

The report further provides information on various technological advancements in the global wood and laminate floorings market. Latest information and advancements regarding growth opportunities can prove to be beneficial for the leading manufacturers of wood and laminate floorings. With advancements in technology, keeping an eye on the latest trends and developments is important for wood and laminate floorings manufacturers to frame key business strategies. Key insights concerning the list of distributor, supply chain, cost structure, pricing analysis, and raw material sourcing, are also provided in this section of the report.

Considering the broad-scope of the global wood and laminate floorings market, the report offers in-depth insights on the forecast and segment-wise analysis. The wood and laminate floorings market has been segmented on the basis of product type, end-user, construction activity, and region. This sections offers segmentation analysis, along with a detailed country-wise forecast on all the parameters.

In the final section, the report offers information on the key competitors, along with a board view of the market players and company analysis. This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global wood and laminate floorings market.

Research Methodology   

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

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Wood and Laminate Flooring Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026