Laminate flooring refers to a synthetic product which is made up of several layers that are sealed together by the lamination process. The upper layer typically consists of melamine and aluminium oxide, and helps to provide the laminate board a scratch and moisture resistant surface. As laminate flooring is easy to install and maintain, it has gained popularity across the world. According to IMARC Group’s latest report titled, “Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global laminate flooring market reached a volume more than 968 Million Sq. Metres in 2017, growing at a CAGR of 3% during 2010-2017.

A surge in the demand for laminate flooring can be attributed to numerous factors. One of the major factors is the rapid growth of the construction industry. Urbanisation, industrialisation and changing lifestyles have resulted in an increase in the construction activities in the emerging nations. This has ultimately contributed to the growth of the global laminate flooring market. Moreover, in line with the changing consumers’ preferences, manufacturers are introducing innovative product designs. Owing to these factors, the market is further expected to reach a volume around 1136 Million Sq Metres by 2023.

The report has analysed the market on the basis of product type, covering HDF and MDF laminates. On the basis of sector, the commercial sector accounts for the majority of the market share. The report has also segmented the market on the basis of regions covering North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa. Among these, Asia-Pacific represents the largest market for laminate flooring. The report has further analysed the competitive landscape and provides the profiles of the key players operating in the market. Some of the major players include Mohawk Industries Inc., Tarkett, Armstrong World Industries, Inc., Shaw Industries, Inc., Mannington Mills, Inc. and Beaulieu International Group.

This report provides a deep insight into the global laminate flooring industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a laminate flooring manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global laminate flooring industry in any manner.

Key questions answered in this report:

How has the global laminate flooring market performed so far and how will it perform in the coming years?
What are the key regional markets in the global laminate flooring industry?
What are the price trends of laminate flooring in the Indian region?
What are the various stages in the value chain of the global laminate flooring industry?
What are the key driving factors and challenges in the global laminate flooring industry?
What is the structure of the global laminate flooring industry and who are the key players?
What is the degree of competition in the global laminate flooring industry?
What are the profit margins in the global laminate flooring industry?
What are the key requirements for setting up a laminate flooring manufacturing plant in India?
How is laminate flooring manufactured?
What are the various unit operations involved in laminate flooring manufacturing plant?
What is the total size of land required for setting up laminate flooring manufacturing plant?
What are the machinery requirements for setting up laminate flooring manufacturing plant?
What are the raw material requirements for setting up laminate flooring manufacturing plant?
What are the packaging requirements for laminate flooring?
What are the transportation requirements for laminate flooring?
What are the utility requirements for setting up laminate flooring manufacturing plant?
What are the manpower requirements for setting up laminate flooring manufacturing plant?
What are the infrastructure costs for setting up laminate flooring manufacturing plant?
What are the capital costs for setting up laminate flooring manufacturing plant?
What are the operating costs for setting up laminate flooring manufacturing plant?
What will be the income and expenditures for laminate flooring manufacturing plant?
What is the time required to break-even?