Global Wood And Laminates Market, By Product Type (Wood, Laminates), By End-Use Industry (Residentia

Published Date: | Report Code : CH1958530

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Global Wood and Laminates Market are expected to grow the demand in the forecast period. Increasing renovation and floor replacement activities in the residential and commercial sector are expected to drive the industry over the forecast period. Wood flooring is considered as a status symbol, as a result, it has been witnessing significant adoption rate all over the globe.

Increasing concerns over the environmental impact have significantly impacted the global wood and laminate flooring market, resulting in the development of eco-friendly materials. In addition, the industry is growing at a rapid pace creating extensive waste out of renovation activities making efficient disposal of waste a key issue in recent times. Development of various anti-slip and bacteria-resistant solutions has led to increased application particularly in the healthcare sector.

Changing lifestyles, increasing urban population and the recovery of the construction industry has led to considerable growth in demand for such floor solutions. Infrastructural spending is a key driver of the economy. Increased spending on capital projects, development & infrastructure is expected to grow the market.

Key Factors Impacting Market Growth:

  • Adoption of technological advancements

  • Demand for new innovative products

  • Increasing renovation and floor replacement activities

  • More spending on capital projects & infrastructure

Regional Analysis

On the basis of the region, the wood and laminates market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regards environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include US, Germany, UK, France, Canada, Italy, Spain, and so on.

Asia Pacific and Middle East are expected to register substantial growth in wood and laminates market during the forecast period. This demand is with regards to the growth of major end-use industries such as Residential, Commercial, Industrial. Major countries in Asia Pacific region include China, South Korea, Japan, India, Australia, and So on. Middle East includes UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for wood and laminates market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for wood and laminates market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Shaw Industries, Pergo, Mohawk Industries, Millstead, Mannington Mills, Interface, Bruce, and Armstrong

Market Segmentation:

By Product Type:

  • Wood

  • Laminates

By End-Use Industry:

  • Residential

  • Commercial

  • Industrial

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Product Type

    • By End-Use Industry

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Product Type

    • By End-Use Industry

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Product Type

    • By End-Use Industry

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Product Type

    • By End-Use Industry

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Product Type

    • By End-Use Industry

  • Rest of the World

    • By Region (South America, Africa)

    • By Product Type

    • By End-Use Industry

Reasons to Buy This Report:

  • Market size estimation of the global wood and laminates market on regional and global basis

  • Unique research Usage for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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 Regional Analysis

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