Hard Surface Floorings Market 2017-2023 | Top Key Player; Mohawk Industries, Armstrong World Industries, Inc., Mannington Mills Inc., Shaw Industries Group, Beaulieu International Group, Marazzi Group S.r.l, Berry Floor NV, Burke Industries, Roppe Corpora

Market Overview:

Market research future published a half-cooked research report on Global Hard Surface Flooring Market that contains the information from 2017 to 2023. Global Hard Surface Flooring market is expected to grow with the CAGR of approximately 5.12% from 2017 to 2023.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Hard Surface Flooring Market Information from 2017 to 2023"
The market of hard surface flooring is driven by the expanding construction sector in the Asia Pacific region. The region has seen supportive government policies and regulations to boost the infrastructure and residential construction market. Countries such as India, have seen relaxation of FDI in construction, attracting foreign investments in the country. The country offers opportunities for construction companies, along with various subsidies and exemptions to help the company establish. Furthermore, flooring in the last few years has gained popularity in the Asian markets, due to shift in preferences from normal flooring to designed and decorative flooring, especially vinyl flooring. The resilient flooring segment is expected to expand share in the region, in future.

Hence, global hard surface floorings market is expected to grow at a CAGR of 5.12% during the forecast period.

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Asia Pacific region accounts for the fastest growing market in global hard surface flooring market

Geographically, the global hard surface flooring market has been divided into four major regions, and they are North America, Europe, Asia Pacific and Rest of the World. Asia Pacific accounted for the largest growing region in hard surface flooring market, followed by North America and Europe. Increasing up gradation, and repair & rehabilitation of the existing infrastructure, are driving the growth of the market in Europe. Asia Pacific is expected to grow at the highest CAGR during the forecast period due to increase in construction activities in countries such as China, Indonesia, and India. It is considered the major factor fueling the growth of the market. Additionally, increase in industrialization, rising urbanized population, and growth in spending capacity, are the factors leveraging the growth of the market in Asia Pacific region. China is one of the leading markets in the Asia Pacific region. The government of China has issued several favorable policies to lower the proportion of down payment for second house loans, and for exempting of sales tax for ordinary housing. This helped the recovery of commercial housing market. This is expected to provide positive influence on the growth of the market.

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North America is considered, a matured market for construction, which leads to stable growth in the flooring market. There has been a growth private construction market, especially in the renovation and re-construction. The market in the region is majorly dominated by the U.S. Furthermore, Europe is the largest market after North America. Germany and U.K. are the major markets in Europe. In U.K., the values of both public and private sectors construction, are increasing, continuously. This will create huge demand for hard surface flooring market in future.

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 Mohawk Industries (U.S.)
 Armstrong World Industries, Inc. (U.S.)
 Mannington Mills Inc. (U.S.)
 Shaw Industries Group (U.S.)
 Beaulieu International Group (Belgium)
 Marazzi Group S.r.l (Italy)
 Berry Floor NV (Italy),
 Burke Industries (U.S.),
 Roppe Corporation (U.S.),
 Surface America (U.S.),
 Tarkett SAS (France),
 TOLI Corporation (Japan)
 Windmöller Flooring Products WFP GmbH (Germany)

This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global construction lift market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.

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