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Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global laminate flooring market reached a volume of 962 Million Sq. Meters in 2018, registering a CAGR of 2% during 2011-2018. Laminate flooring refers to a multi-layer synthetic flooring product, that is made up of the wear, design, core and back layers sealed together using the lamination process. The upper layer usually comprises melamine and aluminum oxide that aid in providing the laminate board a scratch and moisture resistant surface. In comparison to engineered wood, solid hardwood, and stone floor coverings, laminate flooring is inexpensive and easy to install as well as maintain. As it is available in varying widths, lengths and thickness, and can replicate different surfaces including wood, stones and tiles, the demand for laminate flooring is increasing across the globe.

Global Laminate Flooring Market Forecast

One of the major factors driving the market growth is the rise in construction activities across the globe. On account of the growing population, rapid urbanization, recovery of the global economy, inflating incomes levels and improving standards of living, a rise in the demand for housing has been witnessed in recent years, especially in developing economies like Brazil and China. This has further led to an increase in the need for modern flooring materials like laminate flooring which offer durability, scratch and stain resistance. As opposed to the other flooring materials, laminate flooring offers ease of installation which reduces the requirement of skilled labor. Apart from this, advancements in the designing and printing technologies and the introduction of innovative product designs by manufacturers are stimulating the demand for laminate flooring across the globe. On account of these factors, IMARC Group estimates the market to reach a volume of around 1,041 Million Sq. Meters by 2024.


Breakup by Key Types:

  • HDF Laminates
  • MDF Laminates

At present, MDF, or medium density fiberboard, laminates represent the most popular type of laminate flooring, holding the majority of the global market share. It is similar to particle board and is made up of wood fibers that are glued together with an adhesive or resin under heat and pressure.


Breakup by Sector:

  • Residential
  • Commercial

The report finds that the commercial sector accounts for the majority of the total market share. This can be accredited to the growing trend of interior decoration and emerging demand for aesthetically appealing flooring materials in the sector.


Regional Insights:

  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East and Africa

Asia Pacific presently enjoys the leading position in the market. Laminate flooring has gained traction in the Asia Pacific region in recent years due to the rising population, and the consequent increase in the need for housing, in countries like India and China.


Competitive Landscape:

The market is fragmented in nature due to the presence of several small and large manufacturers who compete against each other in terms of prices and quality. Some of the leading players operating in the market are:

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


Key Questions Answered in This Report:

  • How has the global laminate flooring market performed so far and how will it perform in the coming years?
  • What are the major regional markets?
  • What are the key products types in the market?
  • What are the various end use sectors in the market?
  • What are the price trends of laminate flooring?
  • What are the various stages in the value chain of the global laminate flooring industry?
  • What are the key driving factors and challenges in the global laminate flooring industry?
  • What is the structure of the global laminate flooring industry and who are the key players?
  • What is the degree of competition in the global laminate flooring industry?
  • What are the profit margins in the global laminate flooring industry?
  • What are the key requirements for setting up a laminate flooring manufacturing plant?
  • How is laminate flooring manufactured?
  • What are the various unit operations involved in a laminate flooring manufacturing plant?
  • What is the total size of land required for setting up a laminate flooring manufacturing plant?
  • What are the machinery requirements for setting up a laminate flooring manufacturing plant?
  • What are the raw material requirements for setting up a laminate flooring manufacturing plant?
  • What are the packaging requirements for laminate flooring?
  • What are the transportation requirements for laminate flooring?
  • What are the utility requirements for setting up a laminate flooring manufacturing plant?
  • What are the manpower requirements for setting up a laminate flooring manufacturing plant?
  • What are the infrastructure costs for setting up a laminate flooring manufacturing plant?
  • What are the capital costs for setting up a laminate flooring manufacturing plant?
  • What are the operating costs for setting up a laminate flooring manufacturing plant?
  • What will be the income and expenditures for a laminate flooring manufacturing plant?
  • What is the time required to break-even?

1   Preface
2   Scope and Methodology

    2.1     Objectives of the study
    2.2     Stakeholders
    2.3     Data Sources
        2.3.1     Primary Sources
        2.3.2     Secondary Sources
    2.4     Market Estimation
        2.4.1     Bottom-Up Approach
        2.4.2     Top-Down Approach
    2.5     Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Flooring Market
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Volume Trends
        5.2.2    Value Trends
    5.3    Market Breakup by Region
    5.4    Market Breakup by Segment
        5.4.1    Hard Flooring 
            5.4.1.1   Stone
            5.4.1.2   Ceramic
            5.4.1.3   Hardwood
            5.4.1.4   Vinyl
            5.4.1.5   Wooden Laminates
        5.4.2      Soft Flooring
            5.4.2.1   Carpets
            5.4.2.2   Mats
            5.4.2.3   Rugs
    5.5      Market Breakup by Sector
    5.6      Market Forecast
6   Global Laminate Flooring Market
    6.1    Market Overview
    6.2    Market Performance
        6.2.1       Volume Trends
        6.2.2       Value Trends
    6.3    Price Analysis
        6.3.1    Key Price Indicators
        6.3.2    Price Structure
        6.3.3    Price Trends
    6.4    Market Breakup by Region
    6.5    Market Breakup by Type
    6.6    Market Breakup by Sector
    6.7    Market Forecast
    6.8    Value Chain Analysis
        6.8.1    Raw Material Procurement
        6.8.2    Manufacturing
        6.8.3    Marketing
        6.8.4    Distribution
        6.8.5    Exports
        6.8.6    End-Use
    6.9    SWOT Analysis
        6.9.1     Overview
        6.9.2     Strengths
        6.9.3     Weaknesses
        6.9.4     Opportunities
        6.9.5     Threats
    6.10      Porters Five Forces Analysis
        6.10.1    Overview
        6.10.2    Bargaining Power of Buyers
        6.10.3    Bargaining Power of Suppliers
        6.10.4    Degree of Rivalry
        6.10.5    Threat of New Entrants
        6.10.6    Threat of Substitutes
    6.11    Key Market Drivers and Success Factors
7   Performance of Key Regions
    7.1      Asia Pacific
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2      North America
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3      Europe
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4      Latin America
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5      Middle East and Africa
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Performance of Key Types
    8.1      HDF Laminates
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2      MDF Laminates
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Performance by Sector
    9.1      Residential
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2      Commercial
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Competitive Landscape
    10.1    Competitive Structure
    10.2    Production Capacities of Key Players
11  Laminate Flooring Manufacturing Process
    11.1    Product Overview
    11.2    Detailed Process Flow
    11.3    Various Types of Units Operations Involved
    11.4    Mass Balance and Raw Material Requirements
12  Project Details, Requirements and Costs Involved
    12.1    Land, Location and Site Development
    12.2    Construction Requirements and Expenditures
    12.3    Plant Machinery
    12.4    Machinery Pictures
    12.5    Raw Materials Requirements and Expenditures
    12.6    Raw Material and Final Product Pictures
    12.7    Packaging Requirements and Expenditures
    12.8    Transportation Requirements and Expenditures
    12.9    Utilities Requirements and Expenditures
    12.10    Manpower Requirements and Expenditures
    12.11    Other Capital Investments
13  Laminate Flooring Manufacturing Plant: Loans and Financial Assistance
14  Laminate Flooring Manufacturing Plant: Project Economics

    14.1    Capital Cost of the Project
    14.2    Techno-Economic Parameters
    14.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    14.4    Taxation and Depreciation
    14.5    Income Projections
    14.6    Expenditure Projections
    14.7    Financial Analysis
    14.8    Profit Analysis
15  Key Players Profiles
    15.1     Mohawk Industries Inc. 
    15.2     Tarkett
    15.3     Armstrong World Industries, Inc. 
    15.4     Shaw Industries, Inc. 
    15.5     Mannington Mills, Inc. 
    15.6     Beaulieu International Group 


List of Figures

Figure 1: Global: Laminate Flooring Market: Major Drivers and Challenges
Figure 2: Global: Flooring Market: Sales Volume (in Billion Sq. Metres), 2011-2018
Figure 3: Global: Flooring Market: Sales Value (in Billion US$), 2011-2018
Figure 4: Global: Flooring Market: Breakup by Region (in %), 2018
Figure 5: Global: Flooring Market: Breakup by Segment (in %), 2018
Figure 6: Global: Flooring Market: Breakup by Sector (in %), 2018
Figure 7: Global: Flooring Market Forecast: Sales Volume (in Billion Sq. Metres), 2019-2024
Figure 8: Global: Flooring Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 9: Global: Laminate Flooring Market: Sales Volume (in Billion Sq. Metres), 2011-2018
Figure 10: Global: Laminate Flooring Market: Sales Value (in Billion US$), 2011-2018
Figure 11: Global: Laminate Flooring Market: Average Prices (in US$/Sq. Metre), 2011-2018
Figure 12: Laminate Flooring Market: Price Structure (in US$/Sq. Metre)
Figure 13: Global: Laminate Flooring Market: Breakup by Region (in %), 2018
Figure 14: Global: Laminate Flooring Market: Breakup by Type (in %), 2018
Figure 15: Global: Laminate Flooring Market: Breakup by Sector (in %), 2018
Figure 16: Global: Laminate Flooring Market Forecast: Sales Volume (in Billion Sq. Metres), 2019-2024
Figure 17: Global: Laminate Flooring Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 18: Global: Laminate Flooring Industry: SWOT Analysis
Figure 19: Global: Laminate Flooring Industry: Value Chain Analysis
Figure 20: Global: Laminate Flooring Industry: Porter’s Five Forces Analysis
Figure 21: Asia-Pacific: Laminate Flooring Market: Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 22: Asia-Pacific: Laminate Flooring Market Forecast: Sales Volume (in Million Sq. Metres), 2019-2024
Figure 23: North America: Laminate Flooring Market: Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 24: North America: Laminate Flooring Market Forecast: Sales Volume (in Million Sq. Metres), 2019-2024
Figure 25: Europe: Laminate Flooring Market: Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 26: Europe: Laminate Flooring Market Forecast: Sales Volume (in Million Sq. Metres), 2019-2024
Figure 27: Latin America: Laminate Flooring Market: Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 28: Latin America: Laminate Flooring Market Forecast: Sales Volume (in Million Sq. Metres), 2019-2024
Figure 29: Middle East and Africa: Laminate Flooring Market: Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 30: Middle East and Africa: Laminate Flooring Market Forecast: Sales Volume (in Million Sq. Metres), 2019-2024
Figure 31: Global: HDF Laminate Flooring Market: Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 32: Global: HDF Laminate Flooring Market Forecast: Sales Volume (in Million Sq. Metres), 2019-2024
Figure 33: Global: MDF Laminate Flooring Market: Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 34: Global: MDF Laminate Flooring Market Forecast: Sales Volume (in Million Sq. Metres), 2019-2024
Figure 35: Global: Laminate Flooring Market (Residential Sector): Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 36: Global: Laminate Flooring Market Forecast (Residential Sector): Sales Volume (in Million Sq. Metres), 2019-2024
Figure 37: Global: Laminate Flooring Market (Commercial Sector): Sales Volume (in Million Sq. Metres), 2011 & 2018
Figure 38: Global: Laminate Flooring Market Forecast (Commercial Sector): Sales Volume (in Million Sq. Metres), 2019-2024
Figure 39: Laminate Flooring Manufacturing Plant: Detailed Process Flow
Figure 40: Laminate Flooring Manufacturing: Conversion Rate of Feedstocks
Figure 41: Laminate Flooring Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 42: Laminate Flooring Industry: Margins Across Various Stages of the Supply Chain
Figure 43: Laminate Flooring Production: Manufacturing Cost Breakup (in %)


List of Tables

Table 1: Global: Flooring Industry: Key Industry Highlights, 2018 and 2024
Table 2: Global: Laminate Flooring Industry: Key Industry Highlights, 2018 and 2024
Table 3: Global: Laminate Flooring Market Forecast: Breakup by Region (in Million Sq. Metres), 2019-2024
Table 4: Global: Laminate Flooring Market Forecast: Breakup by Type (in Million Sq. Metres), 2019-2024
Table 5: Global: Laminate Flooring Market Forecast: Breakup by Sector (in Million Sq. Metres), 2019-2024
Table 6: Global: Laminate Flooring Market: Competitive Structure
Table 7: Global: Laminate Flooring Market: Production Capacities of Key Players
Table 8: Laminate Flooring Manufacturing Plant: Raw Material Requirements (in Tons/Day) 
Table 9: Laminate Flooring Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Laminate Flooring Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: Laminate Flooring Manufacturing Plant: Machinery Costs (in US$)
Table 12: Laminate Flooring Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (US$/Ton)
Table 13: Laminate Flooring Manufacturing Plant: Costs Related to Utilities
Table 14: Laminate Flooring Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 15: Laminate Flooring Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 16: Details of Financial Assistance Offered by Financial Institutions
Table 17: Laminate Flooring Manufacturing Plant: Capital Costs (in US$)
Table 18: Laminate Flooring Manufacturing Plant: Techno-Economic Parameters
Table 19: Laminate Flooring Manufacturing Plant: Income Projections (in US$)
Table 20: Laminate Flooring Manufacturing Plant: Expenditure Projections (in US$)
Table 21: Laminate Flooring Manufacturing Plant: Taxation (in US$)
Table 22: Laminate Flooring Manufacturing Plant: Depreciation (in US$)
Table 23: Laminate Flooring Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 24: Laminate Flooring Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 25: Laminate Flooring Manufacturing Plant: Profit and Loss Account (in US$)

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