Press release
Flooring Market Detail Analysis focusing on Key Players like Mohawk Industries, Tarkett, Shaw Floors, Armstrong, Mannington Mills, Marazzi Group & More
Flooring
Flooring Market size is estimated to exceed USD 450 Billion by 2024. Rising construction spending on residential as well as non-residential buildings particularly in emerging nations will propel the industry growth. Global construction spending is anticipated to reach USD 16 Trillion by 2024. China leads the global infrastructure development with over USD 2 Trillion by 2024.
Shifting focus on infrastructure development on residential, commercial, hospitability, sports and healthcare industries will drive the flooring market growth. Necessity for floor protection coupled with rising demand for efficient and visually appealing products has enhanced the product demand.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467608/
High product penetration in industrial applications including automobile, aerospace, aviation and electronic appliances will propel the flooring market size. Rapid urbanization accompanied by changing consumer lifestyles will create new opportunities for industry demand.
LVT will witness CAGR over 6% up to 2024. Improved comfort, resilience, environmental safety and ease of installation are the key properties fueling the product penetration. Additionally, wide range product portfolio due to ease in designing will open lucrative opportunities for business growth.
Global flooring market share was led by soft coverings with accounting for over 35% in 2016. Rising demand for carpet & rugs particularly in housing and offices will drive the demand. Reduced noising effect and dust binding are the key properties stimulating the product scope.
Industrial segment is expected to surpass USD 20 billion by 2024. Shifting manufacturer preference towards product enduring heavy duty operations will support the industry demand. Rising demand from chemical, automotive, food, manufacturing and transportation industries due to its benefits including abrasion and impact resistance.
Residential application will witness growth over 5.5% up to 2024. Recovery of housing sector particularly in the U.S. and Europe will fuel the product demand. Increasing renovation projects along with rising demand for decorative floor coverings are the major factors fueling the industry growth.
Europe flooring market was valued over USD 70 Billion in 2016. Increasing construction output along with rising demand for green buildings are the key driving factors of the industry growth. Economic development accompanied by inclination towards tourism development will drive the regional demand.
APAC flooring market was worth more than USD 110 billion in 2016. Growing population has enhanced the demand for residential constructions particularly in China and India. Increasing manufacturing facilities due to socio economic benefits will propel the product demand from industrial applications.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467608/
North America flooring market is expected to witness growth over 5% up to 2024. Growth in construction industry along with increasing investment on restoration of deficient structures will drive the regional demand.
Global industry share mainly includes Mohawk Industries, Tarkett, Shaw Floors, Armstrong, Mannington Mills and Marazzi Group. Presence of large number of regional manufacturers keeps the global industry share fragmented. Product innovations, portfolio expansion, joint ventures and acquisitions are the major strategies adopted.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Flooring Industry Insights
Chapter 4 Flooring Market, By Product
Chapter 5. Flooring Market, By Application
Chapter 6 Flooring Market, By Region
Chapter 7 Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/flooring-market
Related Report:
2018-2023 Global Resilient Flooring Consumption Market Report
This report presents a comprehensive overview, market shares, and growth opportunities of Resilient Flooring market by product type, application, key manufacturers and key regions. Resilient Flooring will register a 7.0% CAGR in terms of revenue, reach US$ 16600 million by 2023, from US$ 11100 million in 2017.
https://www.marketstudyreport.com/reports/2018-2023-global-resilient-flooring-consumption-market-report/?utm_source=RR-PSR
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flooring Market Detail Analysis focusing on Key Players like Mohawk Industries, Tarkett, Shaw Floors, Armstrong, Mannington Mills, Marazzi Group & More here
News-ID: 1184884 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Flooring
Flooring Marketing System for Flooring Contractors in 2025 | Flooring Marketer
Flooring Marketer, the premier marketing agency focused on flooring contractors, is proud to announce the launch of its cutting-edge Flooring Marketing System for 2025.
Chicago, IL - Flooring Marketer [https://flooringmarketer.net/], the premier marketing agency tailored exclusively for flooring contractors, is proud to announce the launch of its cutting-edge Flooring Marketing System for 2025. Designed to help flooring businesses dominate their local markets, this system promises to revolutionize how contractors generate leads,…
Global Resilient Flooring Market Size - By Product Type(Vinyl Flooring,Linoleum, …
Resilient Flooring Market Insights: Trends, Drivers, and Outlook 2024 - 2031
Resilient Flooring Market Scope: Unveiling Today's Trends
Resilient flooring refers to flexible floor coverings made from materials like vinyl, rubber, and linoleum, known for their durability and comfort. The market for resilient flooring has been growing significantly, driven by increasing demand for versatile and sustainable flooring solutions in residential and commercial spaces. Key trends include the rising preference for eco-friendly materials…
Denver's Best Hardwood Flooring Options Calabrese Flooring
Denver's Premier Wood Flooring Experts
Image: https://www.getnews.info/uploads/1084eaff4a1006e337d798e1f6aa3ee8.png
When it comes to professional hardwood floor installation and refinishing services in Denver [https://www.calabreseflooringco.com/dustless-floor-sanding], Calabrese Flooring Co is a name that stands out. With over 16 years of experience in the industry, our team of experts has been providing top-notch flooring services to homeowners throughout the Denver Metro Area. Whether you are looking to install new hardwood floors [https://www.calabreseflooringco.com/Quality-Hardwood-Flooring-Services-Denver] or refinish your existing ones,…
Sports Flooring Market By Type (Rubber Flooring, PVC Flooring, Wood Flooring, A …
The global sports flooring market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyzes that the market is growing with a CAGR of 4.6% in the forecast period of 2023 to 2030 and is expected to reach USD 19,093.06 million by 2030. The major factors driving the market growth are the growing popularity of sports activities and rising awareness of health…
Engineered Tile Flooring Market Top Players: Key Findings for Understanding Mark …
Global Engineered Tile Flooring Market Overview:
The global engineered tile flooring market was valued at USD 7.3 billion in 2022 and is projected to reach USD 12.4 billion by 2026, with a CAGR of 8.4% during the forecast period of 2022 to 2026.The Engineered Tile Flooring market is a dynamic and multifaceted landscape that encompasses various products, services, and industries. It is characterized by intense competition, rapid innovation, changing consumer behavior,…
Sports Flooring Market to see Booming Business Sentiments | Horner Sports Floori …
Advance Market Analytics published a new research publication on "Global Sports Flooring Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Sports Flooring market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy…
