Global Wood and Laminate Flooring Market indicating Industry Size, Demand, Trends and Forecast till 2026

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of wood and laminate flooring market. The study is titled as “Wood and Laminate Flooring Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global wood and laminate flooring market.

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According to a recent study published by Fact.MR, the global market for wood and laminate floorings will expand steadily during the forecast period, 2017-2026. Over the period, the global wood and laminate flooring market is assessed to reflect a value CAGR of 5%. By the end of 2026, over 2,130 million sq. meters of wood and laminate floorings are expected to be sold across the globe.

3 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.

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.

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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.

Table of Contents:

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

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

Continued………

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