LAMINATE FLOORING MARKET - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Laminate Flooring Market is segmented by type (high-density fiberboard laminated flooring and medium-density fiberboard laminated flooring), application (residential, commercial, and industrial) and geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa).

Market Snapshot

Laminate Flooring Market Overview
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America

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Market Overview

The laminate flooring market has been experiencing steady growth over the past few years.

  • Laminate flooring refers to a synthetic product, which is made up of several layers that are sealed together by the lamination process. The upper layer typically consists of melamine and aluminum oxide and helps provide a scratch and moisture resistant surface to the laminate board. As laminate flooring is easy to install and maintain, it has gained popularity across the world.  
  • Laminate flooring is relatively inexpensive, as compared to engineered wood, solid hardwood, and stone floor coverings. As it can replicate stone, tiles, and wood patterns, the demand for laminate flooring has been increasing in recent years.
  • The demand for laminate flooring can be due to numerous factors. One of the major factors is the rapid growth of the construction industry. Urbanization, industrialization, and changing lifestyles have resulted in an increase in construction activities in the emerging countries. This factor has contributed to the growth of the global market.
  • The price volatility of the raw materials for laminate flooring and their availability can pose a major challenge to the laminate flooring manufacturers.
  • The market has been segmented into high-density fiberboard laminated flooring and medium-density fiberboard laminated flooring. Currently, medium-density fiberboard laminated flooring is the most popular product type in the laminate flooring market, accounting for the largest share.

Scope of the Report

A complete background analysis of the laminate flooring market, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics and market overview, is covered in the report. The report also features the qualitative and quantitative assessments, by analyzing the data gathered from industry analysts and market participants across key points in the industry’s value chain.

High-density Fiberboard Laminated Flooring
Medium-density Fiberboard Laminated Flooring
North America
South America
Middle East & Africa

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Key Market Trends

Commercial Application is Dominating the Market

The commercial application dominates the market, holding the majority of the market share. Laminate flooring is extensively used in the commercial sector, as it is cost effective, requires low maintenance, and has the ability to withstand high traffic. It is followed by the residential sector. On account of the high demand for laminate flooring from five-star hotels, showrooms, retail outlets, and corporate offices, the demand for laminate flooring in the commercial sector has increased significantly. Moreover, the rising preference for wood-based floorings and increasing investments in the commercial real estate sector have fueled the market growth, globally.

Laminate Flooring Market Key Trends

Asia-Pacific is Expected to Grow at a Fast Pace

Globally, Asia-Pacific is the fastest-growing region for the market. Rapid urbanization, rising construction industry, governments' initiatives, and availability of favorable policies may account for the market’s growth in the region. Low manufacturing costs and rising disposable incomes may boost the overall market in the region in the coming years. China is a major consumer of flooring in the region, and it is estimated to register the highest CAGR in the near future. The developing countries, like India, are estimated to grow at the fastest pace in the upcoming period.

Laminate Flooring Market Growth Rate

Competitive Landscape

The report covers major international players operating in the laminate flooring market. The market is dominated by players, such as Tarkett SA, Mohawk Industries Inc., Shaw Industries Group Inc., and Beaulieu International Group, among others. However, with technological advancements and product innovation, mid-size to smaller companies are increasing their market presence, by securing new contracts and tapping new markets.

Table of Contents


    1. 1.1 Key Deliverables of the Study

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Drivers

    3. 4.3 Restraints

    4. 4.4 Trends Shaping the Laminate Flooring Market

    5. 4.5 Porter's Five Forces Analysis

    6. 4.6 Industry Value Chain Analysis

    7. 4.7 Technological Innovations


    1. 5.1 Type

      1. 5.1.1 High-density Fiberboard Laminated Flooring

      2. 5.1.2 Medium-density Fiberboard Laminated Flooring

    2. 5.2 Application

      1. 5.2.1 Residential

      2. 5.2.2 Commercial

      3. 5.2.3 Industrial

    3. 5.3 Geography

      1. 5.3.1 North America

      2. 5.3.2 Europe

      3. 5.3.3 Asia-Pacific

      4. 5.3.4 South America

      5. 5.3.5 Middle East & Africa


    1. 6.1 Company Profiles

      1. 6.1.1 Tarkett SA

      2. 6.1.2 Mohawk Industries Inc.

      3. 6.1.3 Shaw Industries Group Inc.

      4. 6.1.4 Armstrong Flooring Inc.

      5. 6.1.5 Beaulieu International Group

      6. 6.1.6 Mannington Mills Inc.

      7. 6.1.7 Classen Group

      8. 6.1.8 Formica Group

      9. 6.1.9 Kaindl Flooring

      10. 6.1.10 Der International Flooring*

    2. *List Not Exhaustive


  9. 9. APPENDIX

**Subject to Availability

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Frequently Asked Questions

The Laminate Flooring Market market is studied from 2016 - 2026.

The Laminate Flooring Market is valued at 5% in 2016.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Tarkett SA, Mohawk Industries Inc., Shaw Industries Group Inc., Armstrong Flooring Inc., Beaulieu International Group are the major companies operating in Laminate Flooring Market.

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