North America Laminate Flooring Market Size Is To Grow At A CAGR Of 3.5 % In The Forecast Period Of 2023-2028
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
North America Laminate Flooring Market Share, Size, Price, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 3.5%
The North America laminate flooring market is expected to register growth during the forecast period on account of the rise in commercial construction activities. Laminate flooring is used in a significant portion of the commercial sector, including boardrooms, hotels, cafes, theatres, galleries, and sports arenas as it is affordable, low maintenance, and capable of withstanding high volumes of footfalls. This is expected to enhance the market demand for laminate flooring over the coming years.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/north-america-laminate-flooring-market/requestsample
Laminate flooring needs fewer specialised tools, has easy installation, and is less expensive as compared to solid hardwood flooring, stone floor coverings, and engineered wood. Laminate can even replicate the appearance of tile, stone, and wood patterns. These aspects are expected to drive more consumer traction in the North America laminate flooring market growth. With advanced features like better wear layers, bespoke designs and prints, greater chemical resistance, and high-quality visuals, the market demand for laminate flooring is expected to surge.
Some of the factors boosting the demand for the North America laminate flooring market are its durability and its characteristics as an adaptable flooring solution that resists scratching, stains, fading, and denting. Moreover, laminate flooring prevents bacteria and mould and incorporates the ability of shock-absorbing due to its material. Thereby, it makes people feel less fatigued while walking or standing on the floor. This is expected to enhance the laminate flooring market demand over the forecast period.
However, the lack of availability of raw materials and price instability is likely to hamper the market growth of laminate flooring and create a challenge for manufacturers.
North America Laminate Flooring Industry Definition and Major Segments
Laminate flooring is a type of flooring that is made up of numerous layers that have been laminated together. The top layer, which is typically constructed of melamine and aluminium oxide, gives the laminate board a surface that is resistant to moisture and scratches. Laminate flooring has recently gained popularity in modern structures due to how easy it is to install and maintain.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/north-america-laminate-flooring-market
Based on type, the market is segmented into:
By sector, the market is categorised into:
Based on country, the market is divided into:
United States of America
North America Laminate Flooring Market Trends
The commercial segment is expected to drive the North America laminate flooring market on account of the extensive usage of laminate flooring in the commercial industry. This is because laminate flooring has low maintenance requirements compared to other flooring options and is cost-effective. The surging preference for wood-based flooring along with the rise in investments in the commercial real estate industry is likely to escalate the market growth.
The increase in demand for laminate flooring in showrooms, five-star hotels, corporate offices, and retail outlets is expected to propel the demand for laminate flooring in the commercial sector. Meanwhile, the residential segment is expected to propel the growth of the North America laminate flooring market on account of the increasing demand for modern housing and improving living standards.
Geographically, the United States is anticipated to drive the laminate flooring market growth on account of the surging interest in home décor. Going further, the improving lifestyles of consumers are likely to enhance the refurbishing and renovation activities in the coming years. The increase in home repair and reconstruction expenditures is likely to enhance investment in home furnishings that is expected to extend to the interior spaces and floorings. This is further expected to fuel the market growth of laminate flooring.
Key Market Players
The major players in the North America laminate flooring market report are:
Armstrong Flooring, Inc.
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Mobile Advertising Market: https://www.marketwatch.com/press-release/mobile-advertising-market-size-share-trends-growth-statistics-report-2026-2022-10-05?mod=search_headline
Pea Protein Market: https://www.marketwatch.com/press-release/pea-protein-market-size-share-price-trends-growth-and-forecast-2026-2022-10-05?mod=search_headline
Automated Guided Vehicle Market: https://www.marketwatch.com/press-release/automated-guided-vehicle-market-size-share-research-report-2026-2022-10-05?mod=search_headline
Biopesticides Market: https://www.marketwatch.com/press-release/biopesticides-market-to-be-driven-by-technological-advances-in-the-forecast-period-of-2022-2027-2022-10-05?mod=search_headline
Biosensors Market: https://www.marketwatch.com/press-release/biosensors-market-size-share-and-forecast-report-2021-2026-2022-10-05?mod=search_headline
Location Analytics Market: https://www.marketwatch.com/press-release/location-analytics-market-size-share-analysis-report-and-forecast-2026-2022-10-05?mod=search_headline
Commerce Cloud Market: https://www.marketwatch.com/press-release/commerce-cloud-market-share-size-price-global-industry-report-2026-2022-10-05?mod=search_headline
Loyalty Management Market: https://www.marketwatch.com/press-release/loyalty-management-market-size-share-trends-global-report-2026-2022-10-05?mod=search_headline
Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist - U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
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 North America Laminate Flooring Market Size Is To Grow At A CAGR Of 3.5 % In The Forecast Period Of 2023-2028 here
News-ID: 2859697 • Views: 456
More Releases from Expert Market Research
Global HUMIRA (Adalimumab Drug) Market Size To Grow At A CAGR Of 1% During The F …
The 'Global HUMIRA (Adalimumab Drug) Market Size, Share, Price, Report and Forecast 2023-2031' by Expert Market Research gives an extensive outlook of the global HUMIRA (Adalimumab Drug) market, assessing the market on the basis of its segments like indication, type, dosage strength, drug type, route of administration, distribution channel, and major regions. The report studies the latest updates in the market, along with their impact across the market. It also analyses the
Global Automatic Labelling Machine Market To be Driven by the Need For E …
The new report by Expert Market Research titled, 'Global Automatic Labelling Machine Market Size, Report and Forecast 2023-2028', gives an in-depth analysis of the global automatic labelling machine market, assessing the market based on its segments like types, industries, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price
Global Food Dehydrators Market To Be Driven At A CAGR Of 5% In The Forecast Peri …
The new report by Expert Market Research titled, 'Global Food Dehydrators Market Size, Share, Trends, Scope, Price, Report and Forecast 2023-2028', gives an in-depth analysis of the global food dehydrators market, assessing the market based on its segments like type, energy source, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies
Propane Market To Be Driven By The Increasing Demand For Alternative And Sustain …
The new report by Expert Market Research titled, 'Global Propane Market Size, Price, Report and Forecast 2023-2028', gives an in-depth analysis of the global propane market, assessing the market based on its segments like end use industry, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along
More Releases for North
North America Epoxy Composites Market
North America Epoxy Composites Market, By Type (Glass Fiber, Cotton Fiber, Paper Fiber), Resin Type (Epoxy Resin, Phenolic Resin, Melamine Resin), Manufacturing Process (Layup Process, Compression Molding Process, Resin Injection Molding Process, Resin Transfer Molding Process, Filament Winding Process, Pultrusion Process), End User (Wind Energy, Aerospace and Defense, Sporting Goods, Automotive and Transportation, Electrical and Electronics, Pipe and Tank, Marine, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to
North America Drone Simulator industry report - North America Drone Simulator Ma …
The drone simulator market in North America is expected to reach US$ 535.17 million by 2028 from US$ 251.38 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028. The latest North America Drone Simulator Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis
UberJets Helping People Get North!
In 2022 consumers have the freedom to purchase, order, or reserve, practically anything with a click of a button. Buying has never been more transparent through the utilization of mobile app technology. Typically, users can perform tasks such as book a hotel or purchase game tickets all from an app; so it only makes sense that one can order a private aircraft to get to anywhere, and anytime using the
North America Apnea Monitors Market : North America Opportunity Analysis and Ind …
CRIFAX has recently announced its latest research report on 'North America Apnea Monitors Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated
North America Footwear Market -Consumers In North America Are More Inclined Towa …
In the last couple of years, North America has emerged at the forefront of the fashion and sports apparel industry. Not only has easy and uninterrupted internet access bolstered consumer awareness regarding the latest buzz in the fashion scenario, but it has also helped them shop for the products they want with a simple touch of their fingers on their smartphones or tablets. The developed countries in the region such
Electrical Fuses Market: Production Enterprise To Become Main Application Phase …
The North America electrical fuses market is likely to witness the advent of more compact and slimmer electronics with leading players vying to cater to ever-changing consumer preferences. The development of the latest technologies and innovation have thus emerged as the most defining trends in the market. The electrical fuses market in North America is primarily driven by the rising demand for electricity and efficient power delivery systems. Besides this,