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Flooring Market 2020 – 2026 Segmentation and Competitive Landscape

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

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Flooring Market 2020 – 2026 Segmentation and Competitive Landscape

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  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 @ https://www.gminsights.com/request-sample/detail/122 © 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 @ https://www.gminsights.com/industry-analysis/flooring-market-size Request for sample of this research report@ 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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