Global Laminate Flooring Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

High-Density Fiberboard Laminated Flooring and Medium-Density Fiberboard Laminated Flooring.

By Product;

Hard Flooring, and Soft Flooring.

By Distribution Channel;

Offline Stores and Online Stores.

By Application;

Residential, Commercial, and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn218618204 Published Date: May, 2025 Updated Date: June, 2025

Laminate Flooring Market Overview

Laminate Flooring Market (USD Million)

Laminate Flooring Market was valued at USD 21,596.17 million in the year 2024. The size of this market is expected to increase to USD 27,291.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.


Global Laminate Flooring Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 3.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.4 %
Market Size (2024)USD 21,596.17 Million
Market Size (2031)USD 27,291.07 Million
Market ConcentrationHigh
Report Pages397
21,596.17
2024
27,291.07
2031

Major Players

  • Tarkett SA
  • Mohawk Industries Inc.
  • Shaw Industries Group Inc.
  • Armstrong Flooring Inc.
  • Beaulieu International Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Laminate Flooring Market

Fragmented - Highly competitive market without dominant players


The Laminate Flooring Market is witnessing robust growth due to its cost-effective alternatives to traditional hardwood options. With an increase in residential renovation and commercial upgrades, demand has significantly surged. Consumers are increasingly choosing laminate flooring for its aesthetic versatility and easy installation. The market has shown a growth rate of over 7%, showcasing strong acceptance across construction projects. The availability of customized textures and designs continues to attract a broad customer base.

Technological Advancements Supporting Product Evolution
Innovations such as water-resistant coatings, improved click-lock systems, and digital printing technologies have revolutionized product offerings. These advancements have enhanced the durability and realism of laminate surfaces, making them more appealing to a wider audience. Over 40% of new product launches now include advanced protective layers to boost lifespan. Such technological integration has improved consumer confidence and increased the overall market adoption rate.

Rise in Demand from Commercial Spaces
Laminate flooring is gaining traction in commercial sectors, especially in offices, educational institutions, and retail environments. Its high foot-traffic resistance and low maintenance requirements make it an ideal choice for these spaces. Its compatibility with underfloor heating systems also contributes to its growing application.

Retail and E-Commerce Channels Boosting Sales
The rise of multi-channel distribution, particularly through e-commerce platforms, has played a key role in market expansion. Online sales channels have witnessed an increase of over 12%, reflecting the digital transformation of the industry. Retail stores continue to offer touch-and-feel experiences, but online platforms enhance convenience and product visibility. Bundled offers and digital customization tools are encouraging greater buyer engagement and conversion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Laminate Flooring Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Affordability and Durability

        2. Versatility and Design Options

        3. Ease of Installation and Maintenance

      2. Restraints
        1. Perception of Lower Quality Compared to Natural Materials

        2. Susceptibility to Moisture and Water Damage

        3. Limited Design Flexibility Compared to Natural Materials

      3. Opportunities
        1. Product Innovation and Design

        2. Durability and Performance

        3. Installation Innovations

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Laminate Flooring Market, By Type, 2021 - 2031 (USD Million)
      1. High-density Fiberboard Laminated Flooring

      2. Medium-density Fiberboard Laminated Flooring

    2. Laminate Flooring Market, By Product, 2021 - 2031 (USD Million)
      1. Hard Flooring
      2. Soft Flooring
    3. Laminate Flooring Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Offline Stores
      2. Online Stores
    4. Laminate Flooring Market, By Application, 2021 - 2031 (USD Million)
      1. Residential

      2. Commercial

      3. Industrial

    5. Laminate Flooring Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Tarkett SA
      2. Mohawk Industries Inc.
      3. Shaw Industries Group Inc.
      4. Armstrong Flooring Inc.
      5. Beaulieu International Group
  7. Analyst Views
  8. Future Outlook of the Market