Increasing investment in emerging nations is expected to drive flooring market growth: Global Market Insights, Inc.

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Flooring Market 2012 2022
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Global Market Scenario of Flooring Market

• Flooring market size is anticipated to surpass
  USD 400 billion by 2022, growing at 6.8 over the
  forecast period. 
• Changing lifestyles of consumers along with
  growing demand for insulation is expected to
  drive demand growth over the coming few years.
• Global consumer demographics have been shifting
  rapidly, as consumers are living with new and
  different preferences and lifestyles.
• Residential flooring market size was anticipated
  to achieve USD 220 billion by 2022, growing at a
  CAGR of over 7 from 2015 to 2022.
• https//www.gminsights.com/industry-analysis/floor
  ing-market-size

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Continue.....

• Increased need for comfort and privacy owing to
  noisier surroundings has spurred the demand for
  insulation across the global flooring market. 
• A well-insulated floor creates an improved sound
  environment and helps keep feet warm during
  winters. Ventilated floors act like a facade
  below the buildings, whereas intermediate floors
  are to be well-insulated against the noise
  between floors.
• The aforementioned factors have resulted in
  growing demand for insulation, and have impacted
  the industry positively.
• https//www.gminsights.com/industry-analysis/floor
  ing-market-size

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China flooring market size by product, 2012-2022
(USD Billion)
https//www.gminsights.com/industry-analysis/floor
ing-market-size

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360 Analysis

• Application Analysis
• Residential sector is expected to continue being
  the leading application segment over the next six
  years. In addition to demand from new
  construction, replacement demand is a major
  growth driver for the market in this sector. 
• Regional Analysis
• Asia pacific, with strong demand from China and
  India flooring market size, was the leading
  region and was valued over USD 100 billion in
  2015. 
• North America flooring market size was valued
  over USD 40 billion in 2014 and should reach USD
  69 billion by 2022.
• Competitive Market Share
• Mohawk Industries also produces a range of soft
  coverings through its brands Mohawk, Durkan,
  Aladdin, Karastan, Bigelow and Lees. Other
  companies include Armstrong World Industries,
  Congoleum, Interface Inc, Mannington Mills Inc,
  Polyfor Ltd and Pergo among others.

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