Wood and Laminate Flooring Market
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<strong>Wood</strong> <strong>and</strong> <strong>Laminate</strong> <strong>Flooring</strong> <strong>Market</strong><br />
<strong>Wood</strong> <strong>and</strong> laminate flooring are used to cover the floor structure of a building. The wood <strong>and</strong><br />
laminate flooring is easy to install, cost-effective, durable, hygienic <strong>and</strong> easy to maintain. Thus,<br />
it is a better alternative to conventional flooring. The market size <strong>and</strong> forecasts in terms of<br />
volume (million square feet) <strong>and</strong> revenue (USD million) for the period 2016 to 2021, considering<br />
2015 as the base year, have been provided for this segment of the report. The report also<br />
provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2021.<br />
The global wood <strong>and</strong> laminate flooring market is driven by a combination of factors, such as<br />
growing building <strong>and</strong> construction industry, increased disposable incomes, changing lifestyle <strong>and</strong><br />
technological developments. However, volatile cost of raw materials is likely to hinder the<br />
growth of wood <strong>and</strong> laminate flooring market. Nonetheless, emerging dem<strong>and</strong> from emerging<br />
economies such as Brazil, South Africa, <strong>and</strong> Russia is likely to open new avenues for wood <strong>and</strong><br />
laminate flooring market in coming years.