Global Laminate Flooring Market Trajectory & Analytics Report 2020-2027 with short-term COVID-19 impact analysis

Dublin, October 7, 2020 (GLOBE NEWSWIRE) – Laminate Flooring – Global Market Trajectory & Analytics report has been added ResearchAndMarkets.com Offer.

The global laminate flooring market is projected to reach US $ 21.3 billion by 2025. This is due to new flooring trends that are fueling demand for laminates due to their virtually limitless variety of styles, designs and colors available. Homeowners are always looking for beautiful flooring at affordable prices.

Laminate floors offer both the elegance and the beauty of expensive natural wood, ceramic and porcelain tiles at affordable prices. Laminate floors are made of layers of glued fiberboard with printed images of wood, tile, or stone and are a popular choice with homeowners today.

Recent innovations in decorative coatings and improvements in physical properties such as protection against normal wear and tear; advanced stain resistance; Impact and indentation resistance; Fade resistance; Radiant heat resistance; Dimensional tolerances; have all helped expand applications in both residential and commercial areas.

Resistance to chemicals, for example, encourages the use of laminate floors in beauty salons, laboratories, and healthcare facilities. Innovations in digital design make laminates perfect flooring options for boutiques, bookstores, art galleries, dry cleaning shops, banks, souvenir shops, photo studios, hotel rooms, cafes, jewelry stores, professional offices, classrooms and waiting rooms.

To add elegance to a home, homeowners use exotic grainy designs in bold colors and textured details that can magically transform a kitchen into a vintage butler pantry. Wenge-style flooring in deep chocolate tones is the perfect choice for homeowners looking to give their homes a rich, elegant and expensive look of rare wood species.

Waterproof laminates in exotic, strong colors from golden honey tones to rich reddish brown transform the media room in the basement from stuffy and lifeless into a bright multimedia retreat. White plank-style laminates with soundproofing are an economical way to transform bedrooms into an oasis of comfort and regeneration, while laminate floors in imperial oak design add glamor and sophistication to outdoor patio areas. In short, laminate flooring is a decorative direction for decorative surfaces, and the market is ahead of the curve due to its growing non-residential adoption.

Main topics covered:

I. INTRODUCTION, METHODOLOGY AND REPORTING AREA

II. SUMMARY

1. MARKET OVERVIEW

• Laminate flooring: an insight
• History and Development
• The manufacturing process
• Durability tests
• Installation and maintenance
• Preferred attributes in laminate floors
• Raw material overview
• Applications of laminate floors
• Decorative Laminates: A Bold New Direction for Decorative Surfaces
• A prelude to laminate flooring
• Laminate flooring: current market scenario and outlook
• Growth drivers for the laminate flooring market: On a scale from 1 to 10 (10 – high impact; 1 – low impact)
• Growth damper for the laminate flooring market: On a scale of 1 – 10 (10 – high impact; 1 – low impact)
• Laminate floors are developing into a niche segment within the flourishing global flooring industry
• New flooring trends are reviving optimism in the world flooring market
• Global Flooring Market by Geographic Region (2019): Percentage breakdown of volume sales for Asia Pacific, North America, Western Europe and the rest of the world
• World market for floor coverings by type (2019): Percentage breakdown of sales for carpets, ceramics and stone, laminate, resilient floors and wooden floors
• Global Hard Surface Flooring Market (2019): Percentage Breakdown by Floor Type – Vinyl, Ceramic Tile, Laminate, Hardwood, and Others
• As a cost-effective, easy-to-install and low-maintenance alternative, laminate floors continue to increase the floor space
• Comparison of costs for different types of floors
• While the developing regions develop into core markets, the developed regions remain the main sources of sales
• World Laminate Flooring Market (2019 and 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
• World Laminate Flooring Market – Geographic Regions by CAGR (Value Sales) for the 2018-2025 Period: China, Asia-Pacific, USA, Middle East, Latin America, Africa, Canada, Europe and Japan
• Economic scenario and its impact on the laminate flooring market
• Real GDP growth rates in% by country / region for the years 2018 to 2020
• Competitive scenario
• Leading players in the laminate flooring market
• R&D remains an important business strategy for manufacturers
• A look at the retail landscape
• Laminate flooring: current company activity
• Market shares of global competitors
• Market share scenario of the competitor for laminate floors worldwide (in%): 2019
• Effects of Covid-19 and an impending global recession

2. FOCUS ON SELECTED PLAYERS

• Beaulieu International Group (Belgium)
• CLASSEN Group (Germany)
• Daiken Corporation (Japan)
• The International Flooring Co., Ltd. (China)
• FausFloor (USA)
• Home Legend, LLC (USA)
• Kaindl Flooring GmbH (Austria)
• Mannington Mills, Inc. (USA)
• Mohawk Industries, Inc. (USA)
• Pergo (USA)
• Reviews Robina Flooring Sdn Bhd
• Shaw Industries, Inc. (USA)
• SWISS KRONO Group (Switzerland)
• Tarkett, Inc. (USA)
• Wickes (UK)

3. MARKET TRENDS & DRIVERS

• A healthy development in the global construction industry opens up broad opportunities for the laminate flooring market
• Low growth in non-residential construction shapes sales opportunities
• Renovation and replacement activities in the residential sector open up lucrative growth opportunities
• Global construction spending (in billion US dollars) for 2019, 2022 and 2025
• The growing image of laminate as a replacement for wooden floors is expanding the market prospects
• Digital printing is in the foreground to improve the quality and durability of laminate floors
• Replacement market increases demand
• High pressure laminates preferred over low pressure counterparts
• Laminate is gaining traction in kitchen floors
• Wood-like designs preferred for laminates
• Global Laminate Product Designs (2019): Percentage Breakdown by Design – Wood Design and Tile Design
• Non-wood laminates are becoming increasingly popular for apartment floors
• A look at the latest trends in the laminate flooring market
• Go Green: The new mantra of laminate flooring manufacturers
• Natural and environmentally friendly topics are gaining in importance
• Innovative technologies are accelerating the demand for laminate floors
• The demand for fashionable interiors bodes well for the laminate flooring market
• Antibacterial laminates improve the hygiene aspects of floor coverings
• Mohawk laminate: Consumers can choose realistic floors
• Problems and challenges for the laminate flooring market
• Increasing competition from wood fibers and other types of flooring
• Laminate floors and noise resonance: a serious acoustic problem

4. PERSPECTIVE OF THE GLOBAL MARKET

III. MARKET ANALYSIS

GEOGRAPHICAL MARKET ANALYSIS

IV. COMPETITION

• Profiled companies in total: 69

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