Top 6 Laminate Flooring Companies in the World 2024 | IMARC Group

Laminate flooring is a category of synthetic flooring products that mimic the appearance of natural materials such as wood or stone. A wear layer and a decorative layer bearing a printed pattern, a substantial core layer comprising high-density fiberboard, and a back layer installed for stability are layers of the product. Laminate flooring comes in various designs, colors, and finishes, enabling homeowners to achieve the look of hardwood, stone, or tile without the high costs or maintenance. High-traffic locations must utilize scratch, fade, and stain-resistant flooring surfaces, where laminate flooring is often employed in commercial and residential environments. It is used in living rooms, dining rooms and bedrooms, where a durable and aesthetically appealing solution is desired. It is also utilized in commercial settings like retail establishments, offices, and restaurants.

According to IMARC Group, The global laminate flooring market size reached 1,080.2 Million Sq. Metres in 2023. Looking forward, IMARC Group expects the market to reach 1,369.3 Million Sq. Metres by 2032, exhibiting a growth rate (CAGR) of 2.6% during 2024-2032.

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Key players are investing in advanced manufacturing technologies to improve the quality and durability of laminate flooring, which includes enhanced embossing techniques for realistic wood textures, improved locking systems for easier installation, and better resistance to wear and tear. Moreover, several key manufacturers are using sustainable materials for their laminate flooring, such as wood harvested from forests that are responsibly managed, recycled materials, and lower emissions from production, coupled with the growing product lines to keep up with a wide variety of styles, patterns, and colors to fit the preferences of people to strengthen the market growth.

Moreover, as the demand for house flooring suitable for moisture-prone areas such as kitchens and bathrooms continuously rising, several companies are developing waterproof and moisture-resistant laminate flooring solutions. Additionally, some key players are introducing unique and innovative systems that simplify the installation process, lower time and installation costs, contributing to the growth of the market. Most companies are focusing on buyer satisfaction by providing individuals with customized services, warranties, and responsive customer service. Similarly, most companies are strengthening their supply chain and distribution networks to enhance their market presence. In line with this, several companies are capitalizing on the growing health and wellness trends by developing low-emission, hypoallergic, and antimicrobial laminate flooring products to promote hygiene in residential and commercial spaces. 

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Top 6 Laminate Flooring Companies in the World

● Mohawk Industries, Inc.
● Tarkett SA
● Armstrong World Industries, Inc.
● Shaw Industries, Inc.
● Mannington Mills, Inc.
● Beaulieu International Group

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