Laminate flooring is generally cheaper and easy to install, so for a reasonably low price, you can completely change the look of a room.
There are many options when it comes to style and color, and while most of these options fall under the hardwood look category, granite or even marble look laminate is also available.
It is usually comprised of fiberboard with a melamine resin. These usually come in panels or pieces which fit together, similar to the way a hardwood floor is fitted.
Some of the cons to installing laminate flooring is that it can sometimes move or shift. Also, this kind of flooring has a melamine resin which contains formaldehyde which is something you may want to avoid in your home. It should be noted though, that you can find products with less toxins.
You must check that the flooring underneath is in good shape. For example, make sure the subfloor does not contain a lot of moisture (e.g. if there has been a leak) as this could cause the laminate to warp or buckle.
So, as we can see, laminate flooring can be a very good option, but make sure you do your research and choose the right one for you.