Cheap price
Laminate flooring has best advantage - cheap price. Raw materials cost is pretty low than wood and bamboo. The capacity is limitless and wood is in shortage in most of countries, price is slightly increasing day by day. Large capacity can reduce the cost extremely and many computerized machines are involved into the production, so workers can be reduced as well. MDF is produced from fast-growing wood species which can be harvested for production in 1-2 years.
Price is cheap but quality is not bad because wear-resistant and anti-scratch paper can be used for 3-5 years without any damage.
Easy maintenance
With cheap price, laminate flooring is widely installed in many commercial areas, like hotel, restaurant, shopping mall which have very high degree of traffic. When flooring is broken, it can be replaced easily and totally without spending so much of cost as wood flooring or bamboo flooring.
Laminate flooring is very easy for maintenance, just cleaning the dust, no need of wax, oil. It is very good flooring for do-it-yourself installation. Laminate flooring will not fade after years, even in direct sunlight. Laminate flooring is most scratch-resistant, hard-wearing and cost-effective flooring.
But, laminate flooring has bad foot-feeling than engineered flooring and less green because of its materials. Laminate flooring can be refinished like engineered wood.