QYResearch: The market size of Laminate Flooring will reach 18 million USD by 2022


Analyst: Shan Lixin
Company: QYResearch

Recently, QYResearch have published a report on Laminate Flooring market. In this report, we learned from manufacturers that the market of Laminate Flooring was getting better in the past few years and we predict the market would still be good in the next five years.

On the basis of region, China accounts for largest Laminate Flooring production market in this industry, followed by Europe and North America. But Europe is the largest consumption market for Laminate Flooring due to the steady demand and the higher acceptability of Laminate Flooring.

Mohawk Industries ranks the first in terms of revenue share in global market of Laminate Flooring, occupies about 10% of the global market share in 2016; While, Shaw Industries, with a market share of 5 %, comes the second. The market is not concentrated and all the other manufacturers which are not included in the report together consist of approximately 56% of the global market in 2016.

More than 80% of Laminate Flooring is Thin Laminate Flooring (The thickness is below 10 mm), and 8 mm Laminate Flooring is more popular. Residential use is the largest market all over the world and less than 20% are used by Commercial use.


This article was first released by QYResearch analyst, if reproduced, please indicate the source.
Marketing: sales@qyresearch.com
Analyst: shanlixin@qyresearch.com
Media Contact: press@qyresearch.com

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