Laminate flooring refers to a type of hybrid flooring which resists staining, scratching, denting and fading. Also known as floating floor, it is made up of melamine resin and fiberboard materials. Laminate flooring consists of four layers, including wear layer, decorative layer, core layer and base layer, that are fused together using the process of lamination. In recent years, the demand for laminate flooring has experienced a steady growth owing to its aesthetic appeal and ability to replicate wood, tile and stone patterns. According to IMARC Group, the global laminate flooring market size was estimated to be more than 968 Million Sq. Meters in 2017, exhibiting a CAGR of 3% during 2010–2017.



Rising construction industry providing a positive thrust to the market

The advancements made by the manufacturers in printing and designing techniques have led to the development of more realistic laminate flooring. In addition, the introduction of these floorings in a wide variety of colors and designs have favorably impacted the market growth. Further, laminate flooring can be easily installed over most hard and flat surfaces as it requires no polishing or refinishing. Additionally, the numerous characteristics of laminate flooring including durability; cost-effectiveness; and resistance to scratches, moisture, and wear and tear are augmenting its demand. Moreover, with the mounting construction activities, particularly in the emerging regions, the global laminate flooring market is witnessing a positive growth. Looking forward, the global laminate flooring market is expected to reach a volume of around 1,136 Million Sq. Meters by 2023.

HDF laminate flooring is the most popular product type

Based on type, the laminate flooring market has been segregated into HDF and MDF laminate flooring. Currently, HDF laminate flooring exhibits a clear dominance, holding the majority of the total share.

Source: https://medium.com/@robertsmith0252/global-laminate-flooring-market-bolstered-by-advancements-in-printing-and-designing-technologies-93bf566cad77