Press release
Wood and Laminate Flooring Market is Growing at a CAGR of 5.6% by 2032
Around 19% of the total revenue made by the worldwide flooring market in 2021 came from the global wood and laminate flooring industry. The market for wood and laminate flooring is predicted to offer an absolute $ opportunity of USD 46.8 billion between 2022 and 2032.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=482?PS
The survey predicts that sales of wood flooring will see the most growth during the projection period. More than 1,130 million square meters of wood flooring are anticipated to be sold worldwide by the end of 2026. Laminate flooring, on the other hand, will see a constant volume CAGR of 5.6% throughout the course of the projected year.
Additionally, it is predicted that through 2026, more than one-third of the global market volume for wood and laminate flooring will come from residential applications. Additionally, the commercial end-use of wood and laminate flooring is anticipated to grow, with a volume CAGR of 5.9% projected during the forecast period.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐
Tarkett, Mannington Mills Inc.
Mohawk Group
Abet Inc.
Berkshire Hathaway Inc.
Goodfellow Inc.
Forbo Holding AG
Armstrong Flooring
Kronospan Limited
Kahrs Holding AB
Bauwerk-Boen
The demand for wood-based floorings and laminate flooring has been driven by the growing importance that floorings play in enhancing the physical appearance of houses and other areas. Wood and laminate flooring's low price and ease of installation are driving their widespread adoption in the building sector. Modern flooring is being created using composite woods and hybrid laminate materials.
Additionally, the textural advantage of wood and laminate flooring is increasingly contributing to its popularity among affluent consumers.
The market's growth also stems from the sheer variety and customization options available. Whether you prefer the rich, natural tones of hardwood or the versatility and affordability of laminate, there's a flooring option to suit your taste and budget. Moreover, the ability to mix and match different wood or laminate styles within a space offers endless design possibilities.
The wood and laminate flooring market is thriving, with trends leaning towards sustainability, realistic replication, and customization. As consumers seek eco-friendly options without compromising on aesthetics, manufacturers are responding with innovative products that cater to both environmental and design sensibilities. Whether you choose the timeless elegance of wood or the versatility of laminate, the world of flooring is evolving to meet your needs and preferences.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:https://www.factmr.com/connectus/sample?flag=RC&rep_id=482?PS
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฆ๐ข๐ง๐๐ญ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
By Product Type :
Wood Flooring
Laminate Flooring
By End User :
Residential
Commercial
Industrial
By Construction Activity :
Repair & Rehabilitation
New Construction
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
Contact:
Us Sales Office :
11140 Rockville Pike
Suite 400
Rockville, Md 20852
United States
Tel: +1 (628) 251-1583
About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
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