Research Study on Global Wood and Laminate Flooring Market Highlights Recent Trends and Future Opportunities till 2026 with Key Players Profiles

Rockville, US, 2018-Aug-08 — /EPR Network/ — Floorings made of wood and laminates have a key role in enhancing the physical appearance of constructed spaces such as homes, apartments, restaurants, and offices. The demand for wood and laminate floorings continues to gain traction for being offered at low price point and at negligible maintenance costs. Fact.MR’s new forecast study offers comprehensive analysis on the expansion of the global wood and laminate flooring market for the assessment period, 2017-2026. According to the study, the global wood and laminate flooring market is expected to touch a valuation of US$ 8.8 Bn by the end of 2026. Over the forecast period, the global market for wood and laminate floorings is expected to expand at a CAGR of 4.8% in terms of volume

Demand for Wood Floorings is expected to outpace the Adoption of Laminate Floorings

The report has estimated that during the forecast period, sales of wood floorings will gain highest traction. By the end of 2026, more than 1,130 million sq. meters of wood floorings are expected to be sold across the globe. On the other hand, laminate floorings will register a steady volume CAGR of 5.6% during the forecast period. Through 2026, the residential end-use of wood and laminate floorings is estimated to account for more than one-third share on global market volumes. Commercial end-use of wood and laminate flooring is expected to gain traction, reflecting highest volume CAGR of 5.2% over the forecast period.

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Europe to Represent Largest Market for Wood and Laminate Floorings through 2026

Wood and laminate floorings are widely used across construction activities, but their adoption is set to remain predominant in repair and rehabilitation. By 2026-end, over 1,300 million sq. meters of wood and laminate floorings will be sold globally for repair and rehabilitation activities. The report further reveals that Europe will be the largest adopter of wood and laminate floorings through 2026. While the Asia-Pacific excluding Japan (APEJ) region is expected to register highest production of wood and laminate floorings, their demand is slated to remain high in European countries. By the end of 2026, Europe’s wood and laminate flooring market is expected to register sales of nearly 790 million sq. meters.

Competition Tracking

Leading manufacturers of wood and laminate floorings have been profiled in the report. Companies namely, Tarkett, Mannington Mills, Inc., Mohawk Group, Abet Inc., Berkshire Hathaway Inc., Goodfellow Inc., Forbo Holding AG, Armstrong Flooring, Kronospan Limited, Kahrs Holding AB and Bauwerk-Boen are expected to instrument the global production of wood and laminate flooring through 2026. Majority of these companies are expected to develop floorings with advanced materials made from composite wood and hybrid laminates. In addition, increasing the durability of wood and laminate floorings will remain a key concern for market players in the foreseeable future.

Five Key Insights from the Report

1. In terms of sales, wood floorings are expected to outsell laminate floorings throughout the forecast period. By the end of 2026, more than 1,130 million sq. meters of wood floorings are expected to be sold globally.
2. Commercial end-use of wood and laminate floorings is expected to register fastest volume growth during the forecast period. By the end of the forecast period, more than 880 million sq. meters of wood and laminate floorings will be used across commercial spaces. The end-use of wood and laminate floorings in residential settings is expected to account for more than one-third share of global market volumes throughout the forecast period.
3. Through 2026, wood and laminate floorings are likely to be used predominantly for repair and rehabilitation activities. In 2017, more than 900 million sq. meters of wood and laminate floorings sold in the global market were used for repair and rehabilitation of physical spaces.
4. Majority of wood and laminate floorings will be manufactured in the Asia-Pacific excluding Japan (APEJ) region. The report estimates that the APEJ region will represent highest contribution to the global wood and laminate flooring manufacturing over the forecast period.
5. The report further reveals that Europe will be the largest market for wood and laminate floorings throughout the forecast period. By the end of 2026, nearly 790 million sq. meters of wood and laminate floorings are expected to be sold across European countries. Consumer preferences towards finished floorings at affordable prices is expected to drive the growth of Europe’s wood and laminate flooring market during the forecast period.

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Table of Content:

1. Global Economic Outlook
2. Global Wood and Laminate Flooring Market – Executive Summary
   2.1. Global Wood and Laminate Flooring Market Opportunity Analysis
   2.2. Global Wood and Laminate Flooring Market Megatrends
3. Global Wood and Laminate Flooring Market Overview
   3.1. Introduction
   3.1.1. Global Wood and Laminate Flooring Market Taxonomy
   3.1.2. Global Wood and Laminate Flooring Market Definition
   3.2. Global Wood and Laminate Flooring Market Size (US$ Mn), Volume (Mn Sq. Meters) and Forecast, 2012-2026
   3.2.1. Global Wood and Laminate Flooring Market Y-o-Y Growth
   3.3. Global Wood and Laminate Flooring Market Dynamics
   3.4. Supply Chain
   3.5. Cost Structure
   3.6. Pricing Analysis
   3.7. Key Regulations
   3.8. PESTL Analysis
   3.9. Product Life Cycle Analysis
   3.10. Porter’s Five Force Analysis
   3.11. Investment Feasibility Matrix
   3.12. Global Wood and Laminate Flooring Market Scenario Forecast
   3.13. Key Players Competition Structure
   3.14. List of Distributors
   3.15. Key Participants Market Presence (Intensity Map) By Region
4. Global Wood and Laminate Flooring Market Analysis and Forecast 2012-2026 
   4.1. Global Wood and Laminate Flooring Market Size, Volume (Mn Sq. Meters) and Forecast By Product Type , 2012-2026
   4.1.1. Wood Flooring Market Size and Forecast, 2012-2026
   4.1.1.1. Revenue (US$ Mn) and Volume (Mn Sq. Meters) Comparison, By Region
   4.1.1.2. Market Share Comparison, By Region
   4.1.1.3. Y-o-Y growth Comparison, By Region
   4.1.2. Laminate Flooring Market Size and Forecast, 2012-2026
   4.1.2.1. Revenue (US$ Mn) and Volume (Mn Sq. Meters) Comparison, By Region
   4.1.2.2. Market Share Comparison, By Region
   4.1.2.3. Y-o-Y growth Comparison, By Region
   4.2. Global Wood and Laminate Flooring Market Size and Forecast By End User, 2012-2026

Continued……………..

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