Press release
How Flooring Market Growing Rapidly…? Top Players are Mohawk Industries, Tarkett, Marazzi Group, Mannington Mills, Inc., Forbo Flooring Systems, Polyflor Ltd
Flooring Market
China and India to be the two protruding regions that would showcase tremendous growth. In this regard, China’s National Urbanization plan for the period 2014-2020, that revolves around the mission of settling more than 100 million urban inhabitants by the end of 2020, and which would raise the urbanization rate in China to 60%, is estimated to be one of the major initiatives influencing the regional flooring market trends.
Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/122
With established giants leading the way toward innovative products and solutions, it is certain that flooring market is certain to undergo a positive transformation in the coming years. In terms of commercialization, Global Market Insights, Inc., estimates flooring industry size to exceed a valuation of USD 450 billion by 2024. Extensive developments in manufacturing sector along with growing population have further propelled flooring industry proliferation in this belt.
Flooring market size has witnessed a rapid escalation in the emerging economies – Asia Pacific being one of the major names in the list of growth avenues. The reason behind APAC to become the preferred investment destination for market giants is quite overt- its expanding construction sector. As per reliable sources, APAC is projected to account for over 46% of the global construction market by 2020.
Flooring Market by Product:
• Soft coverings:
• Resilient flooring:
o LVT (Luxury Vinyl Flooring)
o VCT (Vinyl Composite Tile)
o Vinyl sheet
o Fiberglass
o Linoleum
o Others (Cork, asphalt flooring)
• Non-resilient flooring:
o Ceramic flooring
o Stone flooring
o Others (Wood, laminate)
• Seamless flooring:
Flooring Market by Application:
• Residential
• Commercial
• Industrial
Boasting a diversified product portfolio that encompasses soft flooring, resilient flooring, seamless flooring, and non-resilient flooring, flooring industry size in 2016, was almost USD 270 billion. Accounting for a sizable chunk of almost 35% of the overall industry share in 2016, soft covering emerged as one of the leading product domains in the global business space. The increasing demand for rugs and carpets in offices and housing complexes has phenomenally swayed the product penetration across major economies. Endorsed with a unique dust binding property and reduced noise effect, soft flooring market was almost USD 110 billion in 2016.
Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/122
The growth prospect of flooring market is forecast to be substantially high in the ensuing years, augmented by the expanding construction ecosystem. Robust increase in construction spending across industrial, commercial, and residential sectors has significantly upscaled market demand, especially across emerging nations. As per reliable estimates, global construction spending is expected to surpass USD 15 trillion by the end of 2024, which clearly portrays the lucrative opportunities for the global market in the coming years.
Worldwide, flooring market is highly fragmented with the presence of a large number of regional and local manufacturers. Global industry share mainly includes:
• Mohawk Industries
• Tarkett
• Shaw Floors
• Armstrong
• Mannington Mills, Inc.
• Marazzi Group
• Forbo Flooring Systems
• Polyflor Ltd
Driven by the sustainability trends that have created an increasing demand for ecofriendly floor coverings, these giants are heavily investing in innovative solutions that are not only stylish in décor but also are environmentally viable. The Polyester (P.E.T) Berber carpet is one such sustainable flooring solution that has gained a global attention of late.
‘Smart flooring’ has already become the latest buzzword among the infrastructural players, with workplace décor and stylish homes claimed to be the ultimate reflection of high standards of living. In response to the growing demand for flooring materials with blend of style, economic, as well as efficiency quotients, flooring market giants are coming up with variety of options that not only reflects aesthetics in design, but also stands as the test of time.
Browse Report Summery @
https://www.gminsights.com/industry-analysis/flooring-market-size
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.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 How Flooring Market Growing Rapidly…? Top Players are Mohawk Industries, Tarkett, Marazzi Group, Mannington Mills, Inc., Forbo Flooring Systems, Polyflor Ltd here
News-ID: 1784584 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Flooring
Healthcare Flooring Market Type, Application, Demands, Region and Key Players ar …
The Healthcare Flooring Market report takes into consideration the market type, size of the organization, availability on-premises, end-users organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa to analyze the data. The report also describes all the major topics of the market research analysis that including market definition, market segmentation, competitive analysis, major developments in the market, and excellent…
Timber Flooring Brisbane is offering Limewash Oak flooring services
Australia 04-12-2019. Timber Flooring Brisbane is a well-known service provider and specialist in offering flooring services. They offer their services to both residential as well as commercial spaces. They offer a wide range of services that includes dust-free sanding, wood floor staining services, limewash oak flooring services and many others as per the requirement as well as the type of flooring. They entered years ago into floor servicing industry that…
Flooring Services Market Expected to Boost Technological Advancements Revenue Gr …
Flooring Services Market 2019 Industry Research Report focuses on the global Flooring Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Flooring Services development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Get Sample Copy of this Report -https://www.orianresearch.com/request-sample/1317695
Market Overview: The Global Flooring Services market 2019 research provides a basic overview of the industry including definitions,…
Flooring Services Market 2019-Global Industry Share, Size, Demand, Emerging Tren …
Global “Flooring Services Market” provides a deep insight of Flooring Services covering all major aspects. evaluates the present and future market opportunities of Flooring Services business. The Flooring Services market is separate from the idea of product sort, Flooring Services makers, application, and countries. The report analyzes the market of Flooring Services by main manufactures and geographic regions. The report covers the suppliers’ data, including the revenue, cost, gross profit,…
Global Luxury Flooring Market 2017: Key Players – Armstrong, Berryalloc, Faus, …
Summary
WiseGuyReports.com adds “Luxury Flooring Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database.
This report provides in depth study of “Luxury Flooring market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Flooring Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such…
Wood Flooring 2017 Global Industry Key Players - Krono , Armstrong , Mohawk Floo …
World Wood Flooring Market
Executive Summary
Wood Flooring market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
Request a Sample Report @ https://www.wiseguyreports.com/sample-request/899606-world-wood-flooring-market-japan-and-etc
The report includes the forecasts, Analysis and discussion of important industry…
