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2011 MARKET OUTLOOK FOR LAMINATE FLOORING
Laminate Flooring is gaining market share over other type of hard surface floors, continuing a rapid trend seen over. The market going be driven by consumer preferences for high end products, as well as increasing environmental friendly values.
This flooring segment is posted to gain the fastest double digit growth in 2011, especially in the emergent countries. In the ever increasing manufacturing costs, new product development and innovation in design and luxury feature will help to boost the value gains. I foresee a more ‘real wood’ looking laminate surface and narrow width (about 6″) will become the market trend. Long plank format is testing the market too!
