Title: North America Cast-In-Place Concrete Flooring Market 2020 – 2026 Segmentation and Competitive Landscape
1North America Cast-In-Place Concrete Flooring
Market Application Regional Analysis over 2020
- 2026
- Rising government spending on construction and
refurbishment activities across U.S. may provide
impetus to industry growth. Shifting trends
towards fast-moving consumer goods, including
demand for health wellness product, daily
essentials, increase in online shopping, and
decrease in store visits and stockpiling of
consumer products may fuel product demand for
efficient handling of consumer goods in
facilities. Estimates suggests that North America
cast-in-place concrete flooring market size will
exceed 3.1 billion in terms of annual valuation
by 2026. - Cast-in-situ concrete flooring demand will
increase in the coming years on account of
stimulus package as well as integrated efforts by
social and private sectors. However, economic
slowdown due to the COVID-19 pandemic may hamper
business growth for some time.
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2- In 2018, the United States business logistics
costs crossed USD 1.6 trillion mark, which was 8
of GDP that year). The same year, foreign direct
investments in the industry accounted for USD 1.5
billion. The country is facing an urgent need for
expansion of warehouse and distribution sectors.
For implementation of these large scale projects,
the demand for concrete flooring may arise,
subsequently having a positive impact on industry
growth over the coming years.
- Increasing demand for apparel from millennials
will fuel textile production in international and
domestic markets. Strong economy and high
consumerism are likely to boost regional textile
sector, augmenting product demand. Moreover,
growing number of textile manufacturing
facilities and warehouses across the region will
drive the cast-in-place concrete flooring market
of North America over the coming years.
- The textile industry of North America is a
globally competitive, producing raw materials,
apparel yarns home furnishings, textile
finished products, fabrics and others. The
industry accounted for a market share of over USD
170 million in 2019. The need for high-quality
product and heavy domestic demand will endow the
industry with lucrative growth opportunities.
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4- Increasing preference for sturdy concrete floors
is poised to drive North America cast-in-place
concrete flooring market outlook. Over the past
few years, North America has experienced
momentous advancements in industries such as
logistics distribution warehousing,
retail/FMCG, chemical, construction and
transportation.
- Some of the key players increasingly contributing
to the global share of the North America
Cast-In-Place Concrete Flooring market are CoGri
USA Inc., Elevation Flooring, Fluor Corporation,
Kalman Floor Company, Inc, Megaslab, Inc.,
Twintec, USA Renovations, Skanska USA.,Proform
Management Inc.
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