Press release
Flooring Market Drivers and Restraints 2018-2026 : Mohawk Industries, Armstrong World Industries Inc., Congoleum Corporation, Interface Incorporation, Toli Corporation, Shaw Industries
Flooring Market
The Global Flooring Market is estimated to grow owning to the growing construction industry, and growing commercial and public infrastructure globally.
Flooring is permanent covering of floor structure with a finish material to provide a walking surface. Flooring is the process of providing smooth and durable levelled surface. Flooring offers hard, durable and strong surface to withstand the loads over it. Materials used for flooring include carpet, laminate, tile and vinyl. Different types of flooring include tiled flooring, marble flooring, wooden flooring, PVC flooring, mosaic flooring, and terrazzo flooring among others.
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Growing construction sector and increasing development of public infrastructure boost the Flooring market.
The increasing construction of new structures, renovation, and remodelling of existing buildings primarily drives the growth of the flooring market. The growing construction of commercial and public building infrastructures along with the growth in global construction industry further augments market growth. The increasing investments by governments for enhancing public infrastructure such as parks, public places, and government premises further supports market growth. The growth in urban population, and increasing industrialization accelerates the growth of the flooring market. Other factors driving the market include increasing disposable income, design, and aesthetics. Growing demand from emerging economies, and development of green and sustainable buildings is expected to provide numerous growth opportunities in the coming years.
Global Flooring Market Taxonomy
The global Flooring market is segmented on the basis of type, material, end-user, and geography.
By Type
• Resilient
• Non-resilient
• Soft Covering
• Others
By Material
• Tiles
• Wood
• Carpets and Rugs
• Others
By End-User
• Residential
• Commercial
Geographically, the global Flooring market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Increasing urbanization, and increasing disposable income boost the market growth of Asia-Pacific flooring market
On the basis of geography, Asia-Pacific is expected to grow at the highest rate in the global Flooring market over forecast period. A significant increase in disposable income, and construction and renovation of residential buildings drive the growth of the Asia-Pacific flooring market. Other driving factors include growth in construction industry, and development of public infrastructure. The increasing investments by governments for enhancing public infrastructure further supports market growth. The increasing trend of design and aesthetics supports the market growth in the region.
Key players in the global Flooring market are:
• Mohawk Industries, Inc.
• The Dixie Group
• Armstrong World Industries, Inc.
• Congoleum Corporation
• Interface Incorporation
• Toli Corporation
• Shaw Industries
• Amtico
• Changzhou Liberty Diseno New Material Co., Ltd.
• Flowcrete
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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