According to a new market report published by Lucintel, the future of the global wood and laminate flooring market looks promising with opportunities in the residential and commercial construction market. The global wood and laminate flooring market is expected to reach an estimated $30.9 billion by 2021 and it is forecast to grow at a CAGR of 4.2% from 2016 to 2021. The major drivers of growth for this market are increases in new construction and renovation activities.
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