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Global demand for laminate flooring is forecast to rise 2.6% per year through 2024 to 1.4 billion square meters valued at $13.1 billion.
The Asia/Pacific region will post the largest gains in both area and dollar terms, accounting for a little less than half of all sales growth worldwide, bolstered by strong market conditions in China and other developing parts of the region.
Industry competitors include SWISS KRONO (Switzerland), Dare Power Dekor Home (China), and Mohawk Industries (US).