DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the Global Wood and Laminate Flooring Market" report to their offering.
The global wood and laminate flooring market is expected to reach an estimated $30.9 billion by 2021 and it is forecast to grow at a CAGR of 4.2% from 2016 to 2021. The major drivers of growth for this market are increases in new construction and renovation activities.
Emerging trends which have a direct impact on the dynamics of the industry include the introduction of aqua+ technology in laminate flooring, increasing acceptance of wider planks, and introduction of digital printing in wood and laminate flooring.
A total of 144 figures / charts and 67 tables are provided in this 211-page report to help in your business decisions.
On the basis of its comprehensive research, Lucintel forecasts that the residential segment is expected to show above average growth during the forecast period.
Within this market, laminate is expected to remain the largest segment. The major factors that will spur growth for this segment during the forecast period are the availability of variety of textures and designs at low prices as compared to wood flooring, and technological advancements like digital printing.
Europe is expected to remain the largest market because most of the European region has a cold climate and wood and laminate flooring helps to maintain warmth in the room.
Companies Mentioned:
- Mohawk Industries Inc.
- Tarkett
- Armstrong World Industries, Inc.
- Shaw Industries, Inc.
- Mannington Mills, Inc.
- Beaulieu International Group
- EGGER Group
- Kaindl Flooring Gmbh
- Kronoflooring Gmbh
- Greenply Industries Limited
Report Structure:
1. Executive Summary
2. Wood and Laminate Flooring Market: Background and Classifications
3. Market Trend and Forecast Analysis
4. Competitor Analysis
5. Growth Opportunities and Strategic Analysis
6. Company Profiles of Leading Players
For more information about this report visit http://www.researchandmarkets.com/research/9f2wr9/growth
