< Key Hightlight >
The global Laminate Flooring market was valued at 1653.03 Million USD in 2020 and will grow with a CAGR of 4.1% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Laminate flooring (also called floating wood tile in the United States) is a multi-layer synthetic flooring product fused together with a lamination process. Laminate flooring simulates wood (or sometimes stone) with a photographic applique layer under a clear protective layer. The inner core layer is usually composed of melamine resin and fiber board materials.First, for industry structure analysis, the Laminate Flooring industry is not concentrated. These manufacturers range from large multinational s to small privately owned companies compete in this industry. The top five producers account for about 26 % of the revenue market. Regionally, China is the biggest production value area in 2016, also the leader in the whole Laminate Flooring industry. Second, the production of Laminate Flooring increased from 1084.27 M sq.m in 2012 to 1338.78 M sq.m in 2016 with an average growth rate of 5.42%. Third, China occupied 37.15% of the production market in 2016. It is followed by Europe and North America, which respectively account for around 26.61% and 19.57% of the global total industry. Other countries have a smaller amount of production. Geographically, Europe was the largest consumption market in the world, which took about 30.33% of the global consumption volume in 2016. Fourth, for price trend analysis, a key variable in the performance of Laminate Flooring producers is raw material costs, specifically the speed at which any increase can be passed through to customers. Fifth, for forecast, the global Laminate Flooring revenue would keep increasing with annual growth rate with 3~6%. We tend to believe that this industry still has a good future, considering the current demand of Laminate Flooring.
By Market Verdors:
Mohawk Industries
Shaw Industries
CLASSEN
Tarkett
Power Dekor
Armstrong
Kastamonu Entegre
Kronoflooring
Homenice
Formica
Nature
Samling
Mannington Mills
Egger
Swiss Krono
An Xin
Alsafloor SA
Der International Flooring
Kaindl Flooring
Meisterwerke
Range Gunilla Flooring
Shiyou Timber
Hamberger Industriewerke
Robina Flooring Sdn Bhd
Shengda
Faus
By Types:
Thin Laminate Flooring
Thick Laminate Flooring
By Applications:
Residential
Commercial
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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