openPR Logo
Press release

Huge demand for outdoor flooring is on the rise across the globe, 2017-2025

02-20-2019 06:32 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Analytics
Outdoor Flooring Market

Outdoor Flooring Market

The global outdoor flooring market is driven by increase in awareness towards outdoor remodeling, growth in popularity of outdoor entertaining area among residential users, and rise in adoption of thermally treated tiles. Moreover, substantial number of new construction projects in developing economies are anticipated to boost the growth of the global outdoor flooring market. However, increased emphasis towards utilization of green and eco-friendly materials, and fluctuations in foreign currencies influence the profit margins, which is projected to impede the outdoor flooring market growth in future.

According to a new report published by Allied Market Research titled, Outdoor Flooring Market by Material Used, Type, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2025," the global outdoor flooring market size was valued at $7,759.9 million in 2017, and is expected to reach $12,072.1 million by 2025, registering a CAGR of 5.77% from 2018 to 2025. Europe dominated the global outdoor flooring market, accounting for around one-third share of the total revenue.

Request Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3332?utm_source=nee%2Fopen

The demand for outdoor flooring is on the rise across the globe. The outdoor entertainment area such as patio, porches, and backyards have gained significant popularity in the past few years, owing to its semi-natural ambience and functional utility for small gatherings. As a result, millennials are increasingly opting for dedicated outdoor entertainment areas in their residences. It subsequently drives the demand for outdoor flooring among residential buildings such as row houses, bungalows, townhouses, condos, with attractive outdoor flooring solutions. In addition, the growth in number of DIY (do-it-yourself) solutions have also fueled the number of home renovations and retrofitting flooring projects among individuals. Thus, driving the market growth of the outdoor flooring market during the forecast period.

The recent rise in popularity of thermally treated woods have resulted in their significant adoption among commercial as well as residential end-users. The thermal treatment of woods enhances its attributes such as durability, sustainability, insulation, as well as the long life of different types of woods. Moreover, as the materials are eco-friendly they have a minimum impact on the environment during their production. In addition, the utilization of wooden flooring in outdoor spaces facilitates an increase in its value perception among the individuals, due to its aesthetics and antique features.

Get Sample Report: https://www.alliedmarketresearch.com/request-sample/3332?utm_source=nee%2Fopen

Key Findings of the Outdoor Flooring Market:
In terms of value, the ceramics segment generated the maximum revenue in 2017 and is expected to grow at a CAGR of 5.65% during the forecast period.
The decking outdoor flooring is likely to grow at a CAGR of 6.56% by 2025.
Public infrastructure is expected to dominate the outdoor flooring market, registering the CAGR of 5.16% in terms of value.
Asia-Pacific is projected to show exponential growth in demand throughout 2025, growing at a CAGR 6.80% of in terms of value.
India and China are expected to witness considerably high growth rates at a CAGR of 8.12% and 7.38% respectively, during the forecast period.

Major players in the global outdoor flooring market are focusing on new product development to gain a strong foothold in the market. Key players profiled in the report include AZEK Company, Beaulieu International Group, Citadel Floors, ECORE International, Inc., Ebaco India Pvt. Ltd., Fiberon, Mats Inc., Mohawk Industries, Tandus Group, Inc., Tarkett S.A., The Biltrite Corporation, and Timber Holdings USA among others.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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 Huge demand for outdoor flooring is on the rise across the globe, 2017-2025 here

News-ID: 1601498 • Views:

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collect
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in

All 5 Releases


More Releases for Outdoor

Outdoor Grilling and Fire Features: Outdoor Dream Space Redefines Outdoor Living …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726626876.png Outdoor Dream Space redefines luxury outdoor living with personalized, high-quality grilling and fire features, offering custom solutions tailored to individual lifestyles and preferences. Outdoor Dream Space has emerged as a leader in luxury outdoor living, setting itself apart through its dedication to creating personalized outdoor grilling and fire features [https://outdoordreamspace.com/] that enhance both function and aesthetics. Whether customers seek to create a cozy backyard retreat or a full-scale outdoor kitchen,
Outdoor Planters Market: Increasing Trend of Outdoor Decor and Gardening Drives …
Global Outdoor Planters Market Overview: The Outdoor Planters market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Outdoor Planters market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both
Outdoor TV Market: Rise in Number of Outdoor Concerts, Events Fuels Demand for O …
Outdoor TV Market: Introduction Transparency Market Research delivers key insights on the global outdoor TV market. In terms of revenue, the global outdoor TV market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global outdoor TV market. Companies are heavily investing in R&D to launch an exclusive collection of outdoor
Rugged Outdoor Touch Screen Monitors for Outdoor Systems
(Arlington Hts., IL) TRU-Vu Monitors, a leading provider of industrial-grade monitors and touch screens, recently introduced a rugged outdoor panel-mount touch screen. It is ideal for use in outdoor kiosks, truck scale terminals, automated truck ticketing, load-out systems, check-in stations, and more. Video monitors and touch screens are one of the most critical elements in any of these unattended systems. The user must be able to view data, routing instructions, ticket
Outdoor Retail Brands Market Impressive Gains including key players: Equip Outdo …
Global Outdoor Retail Brands Market Research Report 2019-2025 The Global Outdoor Retail Brands Market report, a new addition in the catalog consist of a wide-ranging outlines of the current condition of the market and presents it development and other central factors across the provincial markets. It provides with massive amount of information to its readers that has been collected with the help of numerous primes and subordinate research procedures. The information
Outdoor Media Centre launches the Outdoor Hall of Fame
The Outdoor Hall of Fame has been launched today by the Outdoor Media Centre in association with Campaign magazine to find the best outdoor ads of the past five decades. Launched to celebrate creativity in the outdoor industry, three hundred iconic ads have been shortlisted by a selected industry panel including Daren Rubins, chief executive at PHD and ISBA director of media and advertising Bob Wootton. The industry can see the