Laminate Flooring Market to Upsurge due to Remodeling/Renovation
San Francisco -- The global laminate flooring market is expected to grow at a significant compound annual growth rate (CAGR) of 5.1% by 2023 as the scope and application rise across the globe.
Rising investments in the construction industry, growth in remodeling and renovation activities, and rapid urbanization are documented as the major driving factors to laminate flooring market. Disposal of waste however is a factor that may hamper overall market growth in the upcoming period.