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Friday, 29 January 2016

Wood And Laminate Flooring Market Share, Key Trends Application Analysis, Regional Outlook & Forecasts to 2016

The global wood & laminate flooring market is expected to reach USD 92.64 billion by 2020. Technological advancements have led to the development of new innovative products and do-it-yourself (DIY) installation techniques, which has substantially widened the scope across residential as well as commercial flooring applications. Increasing demand in the new construction and home improvement sectors is expected to be the key driving force for the wood & laminate flooring market over the forecast period.

Raw material costs have had a significant impact on the wood & laminate flooring industry. The volatile prices of wood and other raw materials and the increasing costs of production are expected to challenge wood & laminate flooring industry growth over the forecast period. Stringent laws and regulations against deforestation by governments across the globe and the consequent need of imports of raw materials have shrunk manufacturers' profits to a large extent. Increasing concern over environmental impact has considerably affected the wood & laminate flooring market.

Further key findings from the study suggest:

Engineered wooden floors have gained prominence over the last few years owing to favorable characteristics such as cost-effectiveness, exclusiveness, and dimensional stability. Solid wood constitutes a significant market share owing to its moderate price, albeit installation and finishing considerably increase the total time and cost requirements. Although a vast majority of the market is comprised of hardwood species, softwood flooring is used in niche applications.
Wood & laminate flooring is primarily preferred in residential applications with residential replacement generating significant demand. Residential new construction and commercial sectors such as retail have increasingly adopted wood & laminate flooring solutions. Owing to their ability to sustain high traffic, laminate flooring has witnessed a surge in demand from commercial sectors.
Increased demand from the BRIC countries (Brazil, Russia, India, and China) is expected to open up new avenues for wood & laminate flooring market growth over the forecast period. Changing lifestyles coupled with increasing construction activity in Asia Pacific are expected to propel market growth in the region. Wood flooring demand in regions experiencing perennially cold climatic regions such as the U.S. and majority of the European countries is expected to be augmented as wood helps to maintain warmth.
Key wood & laminate flooring market players include Shaw Industries, Pergo, Mohawk Industries, Millstead, Mannington Mills, Interface, Bruce, and Armstrong. Emerging market players have innovated to make their presence felt in the industry. Some of the recent trends include Smith & Fong Corporation's side-ways flooring and Columbia Forest Products' & Teragren's PureBond technology flooring.
For the purpose of this study, Grand View Research has segmented the global wood & laminate flooring market on the basis of product, application, and region:

Wood & Laminate Flooring Product Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)

Wood Flooring
Red oak
White oak
Laminate Flooring
Wood & Laminate Flooring Application Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)


Table Of Content 

Chapter 1. Executive Summary
1.1. Wood & laminate flooring Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Non-Resilient Flooring Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects

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2.3. Wood & laminate Flooring Market Value Chain Analysis
2.4. Wood & laminate Flooring Market Dynamics
2.4.1. Market Driver Analysis
2.4.2. Market Restraint Analysis
2.5. Key Opportunities Prioritized
2.6. Industry Analysis - Porter's
2.7. Wood & laminate Flooring Market- Key company analysis, 2013
2.8. Wood & laminate Flooring Market PESTEL Analysis, 2013
Chapter 3. Wood & laminate Flooring Product Outlook 
3.1. Wood 
3.1.1. Global market estimates and forecasts, 2012 - 2020
3.1.2. Red oak Global market estimates and forecasts, 2012 - 2020
3.1.3. White oak Global market estimates and forecasts, 2012 - 2020
3.1.4. Maple Global market estimates and forecasts, 2012 - 2020
3.1.5. Others Global market estimates and forecasts, 2012 - 2020
3.2. Laminates 
3.2.1. Global market estimates and forecasts, 2012 - 2020
Chapter 4. Wood & laminate Flooring Application Segment Outlook
4.1. Residential 
4.1.1. Global market estimates and forecasts, 2012 - 2020
4.2. Commercial
4.2.1. Global market estimates and forecasts, 2012 - 20204.2.1 Company Overview        
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Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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