Flooring Market Analysis by Growth Drivers and Current Trends till 2026 - PowerPoint PPT Presentation

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Flooring Market Analysis by Growth Drivers and Current Trends till 2026

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According to a report by Global Market Insights, Inc. flooring market is expected to hit 482 billion by the end of the year 2026. – PowerPoint PPT presentation

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Title: Flooring Market Analysis by Growth Drivers and Current Trends till 2026


1
Flooring Market Study by Application,
Segmentation and Regional Outlook to 2026
  • The flooring market is anticipated to showcase an
    exceptional growth in the ensuing years on
    account of burgeoning urbanization and improved
    consumer lifestyles. Customers now have the
    liberty to be more choosy about their preferences
    with regards to aspects such as floorings. This,
    coupled with rising disposable incomes, has led
    to a proliferating demand for refurbishment and
    improved residential construction which in turn
    has expanded the flooring market.
  • For most parts, flooring are available in type
    such as vinyl, linoleum, hardwood, porcelain
    (ceramic), laminate, etc. Hardwood floors are
    most popularly used for their strength and
    durability, and despite being old-fashioned, is
    still the number one choice for most homeowners
    as well as commercial space owners. Not to
    mention, it has a great appearance, and despite
    its expense, gives the consumer value for money.
    According to a report by Global Market Insights,
    Inc. flooring market is expected to hit 482
    billion by the end of the year 2026.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
  • With regards to the product category, resilient
    flooring has exhibited a massive growth rate and
    is projected to grow at a CAGR of 9 through
    2026. The resilient floorings are largely
    preferred in the market due to durability, low
    maintenance, and cost effectiveness. Usage of
    reinforced material further provides advantages
    such as heat and liquid resistance. The
    consistent efforts taken in the direction of
    product development combined with advancements in
    technology will lead to escalating market growth.
  • With regards to the application landscape,
    commercial segment is expected to register an
    expeditious growth, generating more than USD 135
    billion by 2026. Commercial establishments such
    as education, healthcare, distribution centers,
    warehouses, etc., are expected to depict a
    massive demand for different types of durable
    floorings. The growth in the commercial segment
    is attributed to the expanding service sector and
    hospitality industry across the developing
    economies.
  • The emerging countries, in recent years, have
    registered a surge in the number of building
    projects particularly across the residential
    sector, further paving the way for market growth.
    India for instance, constitute a share of more
    than 10 in the Asia Pacific flooring businesses
    robust rise in the number of such projects and
    the increasingly sophisticated standards of
    living being adopted in the nation, the regional
    flooring market will have mush to contribute
    toward the APAC industry share.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/1
22
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
  • Regional Analysis
  • Asia Pacific flooring market is most likely to
    display rapid growth owing to advancement in
    infrastructural development across China, Japan,
    and India. As per estimates, APAC flooring
    industry size is anticipated to register a growth
    rate of 8 through the forecast period. China is
    so far observing a great demand in the region,
    due to infrastructural growth in commercial as
    well as industrial sectors.
  • Competitive Analysis
  • Some of the key players increasingly contributing
    to the global share of the flooring market are
    Amtico, Armstrong Floor, Congoleum, Forbo,
    Gerflor, Interface Inc., IVC Group, Mannington
    Mills Inc., Mohawk Industries, Polyfor Ltd,
    Pergo, Shaw Floors, Tarkett, Beaulieu, Marazzi
    Group, Balta, Flowcrete, Delconca, Instarmac,
    Parador

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
Latest Research Report On Flooring Market _at_
https//www.gminsights.com/industry-analysis/floo
ring-market-size
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
122
Request for customization https//www.gminsights
.com/roc/122
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com
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