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Engineered Wooden Flooring Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23818 | Date : Jan, 2023 | Pages : 192 | Region : Global

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As a kind of hardwood flooring which is widely used, engineered wooded flooring is composed of two of more layers of wood in the form of a plank. Engineered wooded flooring is comprised of two parts: core wood layers and a top hardware layer known as the lamella. The core core layers are made up of 3-12 HDF, softwood or plywood sheets which are bonded together at 90 degree angles to form a sandwich base. The top layer is the wood that is visible when the flooring is installed and is adhered to the core. The lamella might be oak, walnut, maple or an alternative hardwood species that provides the aesthetic appeal.
Global Engineered Wooden Flooring Industry is fragmented geographically, with leading brand in each region. In US, leading brands are Armstrong, Shaw, Mannington and Mohawk, while in Europe, mergers and acquisitions formed several big players, such as Bauwerk Boen AG, and Kahrs-Karelia Upofloor. In China, market leaders are Shenxiang and Jinqiao.
Europe is single largest market, which accounts for 35.11% of global demand in terms of volume. China is the largest production region, more than half supplying the global market. However, as labor cost rises quickly, production base is transferring to other developing countries. The same thing happen in Europe, where manufacturing plants moving to east Europe countries.
US market shows significant growth in the last five years, flooring market has witnessed continuously higher sales of engineered wooden flooring than solid wood flooring, which is expected to drive the global market in the next 5 years.

The Global Engineered Wooden Flooring Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Engineered Wooden Flooring Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Armstrong
Shaw
Mannington
Mohawk
Beaulieu
Bauwerk Boen AG
Kahrs-Karelia Upofloor
Hamberger Flooring GmbH & Co.KG
Tarkett AS
Baltic Wood
Weitzer Parkett
Shengxiang
JinQiao
Jinlong
Yihua
Anxin
Shiyou
Kemian Wood
Maples
Vohringer Wood Product

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Three Layers Engineered Wooded Flooring
Multilayer Engineered Wooded Flooring
In Market segmentation by applications :

Residential Use
Commercial Use

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Engineered Wooden Flooring Market for the forecast period 2023 - 2030?
• What are the driving forces in the Engineered Wooden Flooring Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Engineered Wooden Flooring industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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