Press release
Flooring market to Witness Huge Growth by 2025: Forbo Flooring Systems, Gerflor , Interface, Milliken & company
Global Flooring Market to reach USD 506.6 billion by 2025Global Flooring Market valued approximately USD 307.6 billion in 2016 is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2017-2025. Key factors which give growth to the Flooring market are Increase in renovation & remodeling activities, rapid urbanization, and increase in investments in the construction industry drive the growth of the flooring market.
The residential segment is projected to account for a larger share through 2023. Growing focus toward interior decoration and comfort, coupled with rising disposable income of people are expected to drive the demand for flooring in the residential industry.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Carpets & Rugs
Resilient
Vinyl
Cork
Linoleum
Rubber
Resin
Non-Resilient
Ceramic
Stone
Wood
Laminate
By End Use:
Residential
Non residential
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market Mohawk industries, Shaw industries, tarkett, Armstrong flooring, forbo, gerflor, interface, beaulieu international, Toli Corporation, Milliken & company. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
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Target Audience of the Global Flooring Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
This report provides:
1. An overview of the global market for global Flooring market and related technologies.
2. Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3. Identification of new market opportunities and targeted consumer marketing strategies for global Flooring market.
4. Analysis of R&D and demand for new technologies and new applications
5. Extensive company profiles of key players in industry.
The report provides insights on the following pointers:
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Flooring Market.
2. Global major players' operating situation (sales, revenue, growth rate and gross margin) of Flooring Market.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, Brazil, Mexico, Argentina, Colombia, Chile, Peru) market size (sales, revenue and growth rate) of Flooring Market.
4. Different types and applications of Flooring Market, market share of each type and application by revenue.
5. Global market size (sales, revenue) forecast by regions and countries from 2020 to 2026 of Flooring Market.
6. Upstream raw materials and manufacturing equipment, downstream major consumers, industry chain analysis of Flooring Market.
7. Key drivers influencing market growth, opportunities, the challenges and the risks analysis of Flooring Market.
8. New Project Investment Feasibility Analysis of Flooring Market.
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