The report highlights a growing application of laminated flooring in commercial construction. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the laminate flooring market.
The laminate flooring market is segmented into type, application, and distribution channels. Based on type, the market is segmented into high-density fiberboard laminated flooring and medium-density fiberboard laminated flooring. In 2022, the medium-density fiberboard laminated flooring segment dominate in the overall laminate flooring market. Based on end user segment is categorized into residential, commercial, and industrial. In 2022, the residential segment accounted for the highest market share in the laminate flooring market. The distribution channel segment is categorized into offline and online. In 2022, the offline segment accounted for the highest market share in the laminate flooring market.Get Free Sample
|Report Attributes||Report Details|
|By Type||High-density Fiberboard Laminated Flooring and Medium-density Fiberboard Laminated Flooring|
|By End User||Residential, Commercial (Healthcare, Office, and Others), Industrial (Workshop Area, Inventory Area, and Others)|
|By Distribution Channel||Offline (Hypermarkets, Convenience Stores, and Others), Online (E-commerce Platform and Company Website)|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as Tarkett SA, Mohawk Industries Inc., and Shaw Industries Group Inc. which have a strong market position in the current market circumstances. These companies are continuously leveraging new product launches and expansion of business. Furthermore, the laminate flooring market is expected to witness substantial growth in the coming years due to the growing demand for laminate flooring in residential and commercial construction.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.