Modular Flooring Market by Type, Consumer Insights, Key Findings, Segmentations, SWOT Analysis and Forecast till 2029  | Key Players - Mohawk Industries, Shaw Industries Group, Inc., Rubber Flooring Inc., Versare Solutions

Based on previous market performance, the Modular Flooring market is expected to reach USD 85.91 billion in size by 2029. With a 5.9% CAGR.

Modular Flooring Market Overview:      

Because of the rising construction sector around the world, particularly in APAC, the modular flooring market is booming. The growth of the modular flooring market, however, may be hampered by shifting raw material prices. Meanwhile, the modular flooring market is likely to grow as more people renovate their homes and businesses around the world.

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The demand for modular flooring in this region is being fueled by an increase in the number of new housing units and large investments in the infrastructure sector. The rise in demand for modular flooring in the region is also fueled by rising demand in nations like China, Australia, India, Japan, Thailand, Vietnam, and Indonesia, which are experiencing rapid expansion in construction prospects.

Based on our expert's analysis the players that are leading the market includes: Mohawk Industries, Shaw Industries Group, Inc., Rubber Flooring Inc., Versare Solutions, LLC, Mateflex, Interface, Inc., RK Rose + Krieger GmbH System, Swisstrax, PORTAFLOOR, Duratrac Flooring, LTD. and Others.

The whole market is segmented as follows:

Modular Flooring Market by Type, 2022-2029 (USD Millions) (Million Square Meter)

Flexible LVT
Rigid LVT
Carpet Tile
Polyolefin
Rubber
Ceramic

Modular Flooring Market by End Use Industry, 2022-2029 (USD Millions) (Million Square Meter)

Workplace
Education
Healthcare
Retail
Household

Industry Developments:

Native Fabric, a new worldwide luxury vinyl tile (LVT) collection from Interface Inc., was launched in March 2018, expanding the company's modular resilient flooring capabilities. Native Fabric's modern spin on the classic grass cloth style is available in a variety of colors with woven metallic threading.

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Modular Flooring Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.

Regional Analysis:  

This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Modular Flooring Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.

Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.

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