Tuesday, August 5, 2008

Laminate industry in US

Laminate flooring continues to make inroads in the U.S. floor coverings industry and hard surface flooring market. Consumer interest is currently being stimulated by the introduction of new technologies, new product features, and easier installation. Laminate flooring manufacturers and marketers are also receiving a boost from the relatively strong housing market. This is giving a lift to the important residential replacement market. In addition, marketers have been able to take advantage of favorable demographics, as well as declining average prices. Rising demand has resulted in manufacturers making investments in new production capacity. As a result, the market is forecast to reach $1.7 billion in 2009.

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Resourse :- www.marketresearch.com