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Global Flooring Market Expected to Reach USD 452.1 Bn by 2025 | Key Players Gerflor, J&J Flooring Group LLC, Mannington Mills, Inc., James Hallstead Plc, Avant Flooring.
Global Flooring Market
In general, the term refers to permanent covering and finishing of the floor by using several covering materials. There are different kinds of material used for flooring purpose. People prefer to attractive yet economically available material for covering. Depending on the taste of consumer there are several kinds of covering and flooring material is available in the market.
In the year 2017, Global Flooring Market was valued at USD 273.2 Billion and by 2025 it is estimated to reach USD 452.1 Billion at growing CAGR of 6.5%.
Browse details of research report developed on Global Flooring Market @ https://www.researchcosmos.com/reports/global-flooring-market-forecast-2017-2025-industry-analysis-report/2903084
Drivers and Restraints:
Global Flooring Market is estimated to grow in forecasted period owing to supporting factors such as rise in construction industry, necessity of flooring protection and covering in commercial and industrial buildings. In addition, evolving lifestyles of people, enhanced living standards, increasing urbanization with fast pace are estimated to be driving the market. Financial support from governmental bodies, need for insulation in industries as well as residential buildings to regulate temperature, flexible regulatory policies and major tie-ups between public and private bodies are estimated to support market growth.
Geographic Segmentation
Based on geography the Global Flooring Market primarily segmented into Europe, North America, Latin America, Middle East & Africa and North America. Asia Pacific region is leading the global market with highest share. It is estimated to claim over 45% global share by the year 2020. Also, North America and Europe regions are estimated to witness decent CAGR in forecasted period owing to demand from countries like United States and Canada.
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Key Players in Global Flooring Market:
The major industries are competing in pursuing supply needs of global market include Gerflor, J&J Flooring Group LLC, Mannington Mills, Inc., James Hallstead Plc, Avant Flooring, Congoleum Carporation, Interface, Inc., FORBO, Toli Corporation, The Dixie Group, Armstrong World Industries, Inc, Boral Limited, Tarkett Group, Shaw Industries Group Inc., and Mohawk Industries Inc.
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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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opportunities in every leading industry of the world.
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