The global wood and laminate flooring market is expected to reach an estimated $30.9 billion by 2021 and it is forecast to grow at a CAGR of 4.2% from 2016 to 2021. The major drivers of growth for this market are increases in new construction and renovation activities.
Emerging trends which have a direct impact on the dynamics of the wood and laminate flooring industry include the introduction of aqua+ technology in laminate flooring, increasing acceptance of wider planks, and introduction of digital printing in wood and laminate flooring.
A total of 144 figures / charts and 67 tables are provided in this 211-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of wood and laminate flooring market report, download the report brochure.
The study includes wood and laminate flooring market size and forecast for the growth opportunities in the global wood and laminate flooring market through 2021 segmented by product type, application type, and region, as follows:
Wood and laminate flooring market by Product [Volume (million square meters) and $ million from 2010 to 2021]:
Wood Solid Engineered Laminate
Wood and laminate flooring market by Application [$ million from 2010 to 2021]:
Residential Commercial Healthcare Education Hospitality Retail Office Other
Wood and laminate flooring market by Region [Volume (million square meters) and $ million from 2010 to 2021]:
North America Europe Asia Pacific Rest of the World
Wood and laminate flooring companies profiled in this market report include Mohawk Industries, Inc., Shaw Industries, Beaulieu International Group, Armstrong World Industries Inc., and Tarkett are the major wood and laminate flooring suppliers in the global wood and laminate flooring market.
On the basis of its comprehensive research, Lucintel forecasts that the residential segment is expected to show above average growth during the forecast period.
Within the wood and laminate flooring market, laminate is expected to remain the largest segment. The major factors that will spur growth for this segment during the forecast period are the availability of variety of textures and designs at low prices as compared to wood flooring, and technological advancements like digital printing.
Europe is expected to remain the largest market because most of the European region has a a cold climate and wood and laminate flooring helps to maintain warmth in the room. Thus, people mostly prefer wood and laminate flooring in this region.
Some of the features of “Global Wood and Laminate Flooring Market 2016- 2021: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Growth opportunities in the global wood and laminate flooring market in terms of value ($ Mil) and volume (M sqm.) shipmentTrend and forecast analysis: Global wood and laminate flooring market trend (2010-2015) and forecast (2016-2021) by region and segmentSegmentation analysis: Global wood and laminate flooring market size from 2010 to 2021 by various by product types and application segmentsRegional analysis: Global wood and laminate flooring market breakdown by key regions of North America, Europe, Asia Pacific, and the Rest of the World.Growth opportunities: Analysis on growth opportunities in different applications, product type, and regions.Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of global wood and laminate flooring market suppliers.Emerging applications: Emerging applications of the global wood and laminate flooring market. Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report addresses the following key questions:
Q. 1. What are some of the most promising, high-growth opportunities for the wood and laminate flooring market by application (residential, commercial), product (wood, laminate), and region (North America, Europe, APAC and Rest of the World)?
Q. 2. Which segments will grow at a faster pace and why?
Q. 3. Which region will grow at a faster pace and why?
Q. 4. What are the key factors affecting market dynamics? What are the drivers, challenges and business risks in this market?
Q. 5. What are the business risks and competitive threats in this market?
Q. 6. What are emerging trends in this market and reasons behind them?
Q. 7. What are some changing demands of customers in the wood and laminate flooring market?
Q. 8. What are the new developments in the market? Which wood and laminate flooring companies are leading these developments?
Q. 9. Who are the major wood and laminate flooring suppliers? What strategic initiatives are taken by key players for business growth?
Q. 10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by materials / product substitution?
Q. 11. What M & A activity has occurred in the last 5 years and what is its impact on the industry?