North America Laminate Flooring Market 2021, Size, Share, Analysis, Growth, Research Report 2026 – Fastbreak Daily
According to the latest report from the IMARC group, entitled ” North America Laminate Flooring Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026”, The laminate flooring market in North America reached a volume of 123.6 million square meters. Meters in 2020. For the future, the IMARC Group expects the market is expected to grow at a CAGR of 3.7% during 2021-2026. Laminate flooring is a versatile flooring solution that is made by fusing the wear, design, core and back layers together using intense heat and pressure. It is durable, versatile, highly resistant to dust, and considered an affordable alternative to stone, engineered and solid hardwood flooring, which can be installed over existing flooring. Apart from that, since laminate flooring is 90% wood fiber and 10% glue resin, it is environmentally friendly in nature. Due to these advantages, it is widely used in industrial, residential and commercial buildings in North America.
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One of the key factors contributing to the North American laminate flooring market is the recovery of the US economy. Apart from this, the increase in renovation activities, together with investments in the restoration of deficient structures, especially in educational and public buildings, is expected to increase the demand for laminate flooring in the region.
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Key market segmentation:
Market breakdown by type of product:
- HDF laminate
- MDF laminates
Market breakdown by sector:
Market breakdown by region:
- United States
- The competitive landscape of the industry was also examined along with the profiles of the major players.
Highlights of the report:
- Market performance
- Market outlook
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Competitive structure
- Profiles of key players
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.
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