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Industry Sector |
Construction |
Published |
9 November 2011 |
Author |
Mike King |
Type of News |
General |
The global laminate flooring market has experienced strong growth in recent years, principally due to the advances in printing technology, which allow finishes similar to real wood at cheaper prices. There has been a shift from vinyl, hardwood and ceramic flooring to laminate flooring. The advantages of laminate flooring over other floor coverings include durability and the ability to clean the surface easily.
The global laminate flooring market is expected to reach nearly 2 billion square metres in 2017. Furthermore, demand from emerging markets is forecast to grow in the next ten years, driven by the Asia Pacific region and especially China and India.
Realistic designs and finishes have maintained laminate flooring's demand above timber and carpet flooring. This has been supported by surfaces which are resistant and easy to repair. Handscraped and distressed design laminates are currently the most popular designs in the global laminates industry. The pored structure concrete look is another emerging laminate design.
In terms of regional demand, Europe is the largest laminate flooring market, with most production emerging from Germany, UK, France and The Netherlands, although emerging markets in Eastern Europe include Romania, Russia and Poland. China is the world's largest market for floor coverings and is expected to drive demand for laminate flooring in the emerging Asia Pacific market.
Laminate Flooring: A Global Strategic Business Report , available from Companies & Markets, is a detailed analysis of the laminate flooring market, providing data on market size, market size by segment, market trends, competitive analysis, company profiles and market forecasts. Analysis and overview is provided for major geographic markets such as US, Canada, Japan, Europe, Asia-Pacific , Middle East, and Latin America. Market analytics are provided in unit (square meters) terms. Key end-use segments analyzed in the report include, New Housing Starts, Residential Replacement (including DIY Inst.) and Commercial Markets.
See Full Report Details: http://www.companiesandmarkets.com/Market-Report/laminate-flooring-a-global-strategic-business-report-725591.asp
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