Press release
Engineered Wood Flooring Market - Forecast to 2026
Engineered Wood Flooring Market
Browse TOC on “Global Engineered Wood Flooring Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/engineered-wood-flooring-market-3520
By Type (I-Beams, Laminated Veneer Lumber (LVL), Plywood, Glulam (Glued Laminated Timber), Cross Laminated Timber (CLT), Oriented Strand Boards (OSB)), By End-User (Residential, Commercial & Industrial), By Offering (Packaging [Food, Cosmetic, Gift, Heavy Duty Goods, Transport], Display [Pop Display, Custom Printing]), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Browse the Report @ https://www.globalmarketestimates.com/market-report/engineered-wood-flooring-market-3520
Engineered Wood is an advanced material owing to its superior quality, robustness, durability, and appearance. Due to the above-mentioned attributes, the material has gained immense popularity in flooring applications. The industry had faced huge losses in the previous year due to the covid-19 pandemic. Though, the industry is getting back to its normal growth as the market conditions are normalizing.
Cross Laminated Timber holds a high potential
The Cross Laminated Timber is predicted to observe the highest penetration during the forecast period. For applications such as kitchen, bathrooms, and patio it is an ideal solution as compared to its traditional counterparts.
Residential sector led the end-user segment
The residential sector leads the end-user segment and is projected to continue its dominance during the forecast period. High penetration in refurbishment division accompanied by the wide availability of diversified engineered wood in terms of texture, colour, quality makes the industry highly lucrative in nature.
Asia Pacific dominated the regional share
The Asia Pacific engineered wood flooring market share dominated the regional demand in 2019 and held more than 38% of the share. The increasing trend of single-family houses accompanied by shifting consumer preference towards more aesthetic appealing houses will drive the regional industry growth.
Brand awareness and recognition will be the prime strategy
Major identified manufacturers in the market are From The Forest, Somerset Hardwood Flooring, Boise Cascade Company, Huber Engineered Woods Llc, Celulosa Arauco Y Constitución S.A., Louisiana-Pacific Corporation, Patrick Industries, Inc., Norbord Inc., Raute Group, Universal Forest Products, Inc., Shenzhen Risewell Industry Co., Ltd., Weyerhaeuser Company, Royale Touche, Mikasa Floors, Harris Wood Floors, Bruce, Johnson Hardwood, Mohawk, Kährs, Mullican, LM Flooring, Pergo, Lauzon, Regal Hardwoods, Tesoro Woods, Anderson Tuftex, and Hallmark Floors.
The global engineered wood flooring company market share is non-consolidated and fragmented in nature. The presence of numerous large-scale and small-scale manufacturers in the domestic and international market makes the industry more competitive. Large-scale companies are focusing on adopting strategies to build a strong brand image and recognition.
Type Outlook (Revenue, USD Million, 2021-2026)
• I-Beams
• Laminated Veneer Lumber (LVL)
• Plywood
• Glulam (Glued Laminated Timber)
• Cross laminated timber (CLT)
• Oriented Strand Boards (OSB)
• Others
End-User Outlook (Revenue, USD Million, 2021-2026)
• Residential
• Commercial & Industrial
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• U.S.
• Canada
Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific
• China
• Singapore
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Engineered Wood Flooring Market - Forecast to 2026 here
News-ID: 2368431 • Views: 246
More Releases from Global Market Estimates Research & Consultants
Global Hemp-Infused Seltzers Market Size-Forecast to 2026
According to a new market research report published by Global Market Estimates, the Global Hemp-Infused Seltzers Market is projected to grow at a CAGR value of 30.1% between 2021 to 2026. The growing popularity of low calorie and low carbohydrate products, the growing number of cannabis-infused products, and the easing of cannabis regulations for personal consumption are the major drivers of the hemp-infused seltzers market.
Browse 151 Market Data Tables and…
Global Electric Ship Market Size - Forecasts to 2026
The global electric ship market is projected to grow from USD 5.1 billion in 2021 and is expected to reach USD 10.5 billion by 2026 at a CAGR of 11.5% from 2021 to 2026. The need for an electric-powered maritime ship has grown in response to the growing need to reduce greenhouse emissions and reduce fuel wastage. Additionally, the market's growth is being aided by shipwrights’ heightened awareness of reducing…
5G in Travel & Tourism Market Size - Forecast to 2026
According to a new market research report published by Global Market Estimates, the Global 5G in Travel & Tourism Market is projected to grow at a CAGR value of around 30.01% during the forecast period [2021 to 2026]. The rapid adoption of IoT in the travel & tourism industry, intelligent sensing to improve the efficiency of public transportation, boosting the use of robotic systems at airports to perform various tasks…
Global Fruit Picker Market Size - Forecast to 2026
According to a new market research report published by Global Market Estimates, the Global Fruit Picker Market is projected to grow from USD 189.3 million in 2021 to USD 325.8 million by 2026 at a CAGR value of 16.8%. The rising cost of available labor, and the growing number of fruit farms are the major drivers of the fruit pickers market.
Browse 151 Market Data Tables and 111 Figures spread through…
More Releases for Wood
Global Wood Processing Market | Global Wood Processing Industry: Ken Research
The wood processing market involves of sales of processed wood by several entities (organizations, sole traders and partnerships) that saw measurement lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from the logs or bolts. This industry also embraces establishments that treat planed, sawed and shaped wood with creosote or other preservers such as alkaline copper quat, copper azole, and sodium borates, to safeguard decay and to…
Global Wood Waxes Market For Particleboard, Wood Coating, Lubrication
Latest industry research report on: Global Wood Waxes Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
In this report, the global Wood Waxes market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
In addition, drivers, restraints and opportunities, competitive landscape have also been…
Innovative Wood Art Pet Furniture
The Catgroove pet sofa bed. The Catgroove is an oversized ultra-plush pet bed finely handcrafted from Grade 1 solid teak wood, featuring huge inward space for the lazy and sleepy needs of our cats. This bed also has a removable/washable cushion cover for easy cleaning. The finest finish one can find with such ease, with a comfy, high-loft, milled foam cushion, it boasts durable furniture grade construction. Comfortably fits pets…
U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Anal …
IndexBox has just published a new report "U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-wood-moldings-wood-flooring-and-other-wood-millwork-products-market-analysis-and-forecast-to-2020?utm_source=opr ).
The report provides on a detailed analysis of the U.S. wood millwork product market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information…
Wood Adhesives Market 2017 - 2026
Wood Adhesives Market Size, Research, Annalysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.
sample copy @ https://goo.gl/rQs0wV
“The global wood adhesives market is projected to grow at a CAGR of 3.10% from 2016 to 2026”
The global wood adhesives market is projected to reach USD 5.24 billion by 2026, at a CAGR of 3.10% from 2016 to 2026. Growth in this market is mainly attributed…
Urbane Living: Reclaimed Wood Flooring
LONDON - 11 June, 2016: Urbane Living introduce a touch of timeless character to your home with Urbane Living's range of reclaimed wood flooring.
Crafted from naturally-aged timber sourced from old barns, factories, schools and railway wagons, the repurposed nature of the wood makes reclaimed boards a highly sustainable and ethical flooring option.
The longer the timber has matured, the harder and more stable the boards become, with years of exposure to…
