Press release
Flooring Market size will increase to 48400 Million US$ by 2025, from 31300 Million US$ in 2018, at a CAGR of 5.6% during the forecast period.
Floor covering is a term used to describe any layer of finish material applied over a floor structure to provide permanent covering. Common flooring materials are vinyl sheet & tiles, carpets & rugs, laminates, natural stone, wood, ceramic tiles, and rubber. Resilient, non-resilient, and soft cover types of flooring materials are used based on the type of the application.Request for discount@ https://www.researchtrades.com/discount/1684479
Carpets are designed for warm or dry applications. They are available in natural and synthetic forms with various patterns, colors, and styles. Hardwood and engineered wood flooring products are highly popular and available in many forms. Engineered wood differs from hardwood; it is a laminate of several wood layers, which is machined to have a specific look and feel. Stone is a kind of flooring option, wherein different types of natural rocks are carved out of a quarry and then cut for applications in flooring. Vinyl flooring is a fully synthetic polymer flooring with added color.
In terms of region, Asia Pacific dominated the flooring market in 2017. Asia Pacific and Europe cumulatively accounted for more than 62% share of the global flooring market in 2017. North America is a mature market for the flooring industry. The real estate industry in above mentioned regions is expanding rapidly due to the shift in government focus toward infrastructure development. Implementation of beneficial regulations along with rising population is making the flooring market in Asia Pacific region highly attractive. The flooring market in North America, Europe, and Asia Pacific is expected to expand at a fast pace, while that in Latin America and Middle East & Africa is projected to expand at a moderate pace during the forecast period.
Global Flooring market size will increase to 48400 Million US$ by 2025, from 31300 Million US$ in 2018, at a CAGR of 5.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Flooring.
This report researches the worldwide Flooring market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Flooring breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report: Mohawk Industries (US), Shaw Industries (US), Tarkett (France), Armstrong Flooring (US), Forbo (Switzerland), Gerflor (France), Interface (US), Beaulieu International (Belgium), TOLI Corporation (Japan), Milliken & Company (US)
Flooring Breakdown Data by Type: Carpets & Rugs, Resilient (Vinyl, Cork, Linoleum, Rubber, Resin), Non-resilient (Ceramic, Stone, Wood, Laminate), Flooring Breakdown Data by Application, Residential, Non-residential
Flooring Production Breakdown Data by Region: United States, Europe, China, Japan, Other Regions
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