Global Laminate Flooring Market Growing at 4.1%CAGR Will Hit 20600 Million US$ in 2025
The Global Laminate Flooring report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status the market during the projected period of 2019-2025.
Los Angeles, CA -- (SBWire) -- 02/01/2019 --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 corporations 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.
The global Laminate Flooring market is valued at 15000 million US$ in 2018 is expected to reach 20600 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2019-2025.
This report focuses on Laminate Flooring volume and value at global level, regional level and company level. From a global perspective, this report represents overall Laminate Flooring market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Mohawk Industries
Shaw Industries
CLASSEN Group
Tarkett
Power Dekor
Armstrong
Kastamonu Entegre
Kronoflooring
Homenice
Formica Group
Nature
Samling Group
Mannington Mills
Egger
Swiss Krono Group
An Xin
Alsafloor SA
Der International Flooring
Kaindl Flooring
Meisterwerke
Range Gunilla Flooring
Shiyou Timber
Hamberger Industriewerke
Robina Flooring Sdn Bhd
Shengda
Faus Group
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Thin Laminate Flooring
Thick Laminate Flooring
Segment by Application
Residential
Commercial
For the better understanding of the Laminate Flooring market, this report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status of the global Laminate Flooring market during the projected period of 2019-2025.While classifying these segments, the expert team of analysts have listed down the relative contribution of each segment for the growth of global Laminate Flooring market. Detail information of segments is required to recognize the key trends influencing the global market for Laminate Flooring
Each segment of the Laminate Flooring market provides an in-depth information on the qualitative and quantitative aspect of the market. While giving a brief idea about the revenue opportunities for all the segments, the Laminate Flooring report has also provided the value of absolute dollar opportunity for all the segments over the predicted period of 2019-2025.
Global Laminate Flooring Market Competitive Landscape
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The report of global Laminate Flooring market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected year.
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