Report Description Table of Contents The flooring wood panels market was worth USD 72.3 billion in 2023 and will be worth USD 100.48 billion by 2030, growing at a CAGR of 4.2% during the forecast period. The Flooring Wood Panels market is rising due to a growing consumer focus on using natural and attractive woods primarily for home and building construction. The global construction sector is set to expand at a growth rate of 4% annually, meaning there will be a continually improving market for wood panels focusing on floorings. Due to their strength, sustainability, and quick installation, wooden paneling is used in the new construction and refurbishment of buildings. Some of the newer types include engineered wood panels, which are produced to have improved mechanical properties, resistance to wetting, and dimensional stability better than solid wood. These developments allow wood panels to be effective flooring in active facilities such as offices, hotels, and homes. Global USE of wood panels in construction also receives a boost from increasing consciousness of sustainable and green building certifications, including LEED. The Flooring Wood Panels market holds great potential as the world gravitates towards environmentally friendly building materials. The global sustainability and green building materials market will exceed $400 billion by 2025. This trend is opening up opportunities to create improved and differentiated wood panel products, like engineered wood panels that are higher in terms of durability, resistance to moisture, and sustainability. Recent developments include innovations and the common scoring of floor products with reclaimed and recycled wood for green consumers and builders. For instance, refurbished wooden panels have FTC building materials because they incorporate stylish features in high-end residential and commerce projects while conserving the environment. The increasing need for sustainable construction and ever-growing customer interest in green-certified building materials pose a significant market growth potential in the flooring wood panels market. Market Segmentation By Type: Solid Wood Panels Engineered Wood Panels Laminated Wood Panels Reclaimed Wood Panels By Wood Type: Hardwood (Oak, Maple, Cherry, etc.) Softwood (Pine, Fir, Spruce, etc.) By Thickness: Below 8 mm 8-12 mm Above 12 mm By Installation Method: Glue-Down Nail-Down Floating By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Europe controls the Flooring Wood Panels market because of the intensive efforts toward the natural and eco-friendly construction process and materials. The European value of the wood flooring market is over $9 billion per annum, and countries such as Germany, France, and Sweden dominate the market for wood panels due to their strict environmental laws and eco-friendly certifications, BREEAM & LEED. Other observed developments include ascending usage of the engineered wood panel, which has better attributes on durability and environment. In many countries, such as Germany, which has embraced sustainable construction practices, engineered wooden flooring has increased acceptance in residential and commercial constructions. Concerns about cutting back on carbon emissions and encouraging sustainable forest practices keep Europe dominant in the Flooring Wood Panels market. Key Players Armstrong Flooring Mohawk Industries Shaw Floors Tarkett Kronospan Beaulieu International Group Mannington Mills Boral Timber Bruce Flooring Kahrs Group Flooring Wood Panels Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 72.3 billion Revenue Forecast in 2030 USD 100.48 billion Overall Growth Rate CAGR of 4.2% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2023 - 2030) Segmentation By Type, By Wood Type, By Thickness, By Installation Method, By Region By Type Solid Wood Panels, Engineered Wood Panels, Laminated Wood Panels, Reclaimed Wood Panels By Wood Type Hardwood (Oak, Maple, Cherry, etc.), Softwood (Pine, Fir, Spruce, etc.) By Thickness Below 8 mm, 8-12 mm, Above 12 mm By Installation Method Glue-Down, Nail-Down, Floating By Region North America, Europe, Asia Pacific, LAMEA Country Scope US, Mexico, Canada, Germany, UK, France, China, Japan, India, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report How big is the Flooring Wood Panels Market? The Flooring Wood Panels Market was valued at USD 72.3 billion in 2023 and is projected to reach USD 100.48 billion by 2030, growing at a CAGR of 4.2% during the forecast period. What are the key factors driving the growth of the Flooring Wood Panels Market? The market growth is driven by a growing consumer focus on using natural and attractive woods primarily for home and building construction. Who are the Major Players in the Flooring Wood Panels Market? Key players include Armstrong Flooring, Mohawk Industries, Shaw Floors, Tarkett, and Kronospan. Which region held the largest Flooring Wood Panels Market share? Europe controls the market due to intensive efforts toward natural and eco-friendly construction processes and materials. Which application had the largest Flooring Wood Panels Market share? The residential buildings segment holds the largest share, driven by the increasing use of wood panels in home construction and renovation projects. . Table of Contents 1. FLOORING WOOD PANELS MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. FLOORING WOOD PANELS MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – FLOORING WOOD PANELS MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Type of Flooring Wood Panels and End Use Outlook Analysis 4. HISTORIC TRENDS IN FLOORING WOOD PANELS MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA FLOORING WOOD PANELS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Flooring Wood Panels Historical Market ($MILLION), (2017 – 2023) 6.2. North America Flooring Wood Panels Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 6.3.1. Solid Wood Panels 6.3.2. Engineered Wood Panels 6.3.3. Laminated Wood Panels 6.3.4. Reclaimed Wood Panels 6.4. North America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Wood Type 6.4.1. Hardwood (Oak, Maple, Cherry, etc.) 6.4.2. Softwood (Pine, Fir, Spruce, etc.) 6.5. North America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Thickness 6.5.1. Below 8 mm 6.5.2. 8-12 mm 6.5.3. Above 12 mm 6.6. North America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Installation Method 6.6.1. Glue-Down 6.6.2. Nail-Down 6.6.3. Floating 6.7. North America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA FLOORING WOOD PANELS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE FLOORING WOOD PANELS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Flooring Wood Panels Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Flooring Wood Panels Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 8.4. Europe Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Wood Type 8.5. Europe Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Thickness 8.6. Europe Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Installation Method 8.7. Europe Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC FLOORING WOOD PANELS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Flooring Wood Panels Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Flooring Wood Panels Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 9.4. APAC Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Wood Type 9.5. APAC Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Thickness 9.6. APAC Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Installation Method 9.7. APAC Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA FLOORING WOOD PANELS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Flooring Wood Panels Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Flooring Wood Panels Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 10.4. Latin America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Wood Type 10.5. Latin America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Thickness 10.6. Latin America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Installation Method 10.7. Latin America Flooring Wood Panels Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. ARMSTRONG FLOORING 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Tarkett 11.3. Kronospan 11.4. Beaulieu International Group 11.5. Mannington Mills 11.6. Boral Timber 11.7. Bruce Flooring 11.8. Kahrs Group 11.9. OTHER MARKET PLAYERS