Press release
Flooring Market to reach USD 661.51 Bn by 2029, Growing Urbanization Development and the Trend towards Luxury Houses to Drive Global Market Demand
Pune 24, Feb 2023: The total global market for the "Flooring Market" was valued at USD 411.92 Bn in 2021 and is expected to significantly grow at a CAGR of 6.1 percent over the forecast period to reach USD 661.51 Bn by 2029. Maximize Market Research, a top international business & consultancy firm in India, has recently published a report, available in the market.Flooring Market Report Scope and Research Methodology
The global Flooring Market provides an overview of the market growth rate as well as an analysis of top key players and their business strategies, geographical expansion, industrial models, market segments, and competitive landscape. The Flooring Market analysis includes key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data and cost analysis. The report provides the Flooring Market's current size, trend, market growth, and forecast during the period and revenue. The report provides information on the Flooring Market's current trends and future and recent development, drivers, capacities, technologies and on the changing dynamics of the Flooring Market. The bottom-up approach was used to estimate the Flooring Market size. The report segmented the market on the basis of product type, application, and region. SWOT was used to analysis and evaluate the strengths and weaknesses of the major players in the Flooring Market.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/flooring-market/11376/
Growing urbanization development and the trend towards luxury houses to drive global market demand
The global flooring industry is driven by growing trends toward aesthetic appeals of houses and the increased introduction of new products. Flooring provides the interiors of the house an ideal living environment and a natural feel with floorings such as laminate, ceramic, hardwood, fiberglass, and vinyl. Demand for flooring items such as luxury vinyl tile, carpet and broadloom for a premium look of the house is driving the Flooring Market growth during the forecast period. Increasing government subsidiaries such investment support for first-time homeowners in developing countries, is expected to boost the Flooring Market growth.
Asia Pacific dominated the Flooring Market share in 2021 and is expected to witness growth at a CAGR during the forecast period
Region-wise, Asia Pacific held the largest market share in 2021 and is expected continually grow at a significant CAGR during the forecast period. The Flooring Market trend in the region is driven by the increasing urban population, rising disposable income and expansion of housing sectors.
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Based on type, the Vinyl flooring segment held the largest global market share with 41 percent in 2021
The increasing demand for vinyl flooring infrastructural projects, growth of automobile industries and development is expected to drive the vinyl segment growth in the Flooring Market. The residential segment is driven by increasing small apartments and construction housing.
Flooring Market Segmentation
By Type:
Resilient
Vinyl
Cork
Linoleum
Rubber
Resin
Non-resilient
Ceramic
Stone
Wood
Laminate
soft covering
By Material:
Carpets & Rugs
Vinyl & Rubber
By End-Use:
Residential
Commercial
By Application:
Healthcare
Education
Sports
Others
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Flooring Market Key Players include:
Gerflor Group (France)
Tarkett Company (France)
LG Hausys, Ltd. (Korea)
Flowcrete Group Ltd (UK)
Mohawk Industries Inc. (US)
Polyfloor Inc. (UK)
Mannington Mills Inc. (US)
Shaw Industries (US)
Armstrong Flooring (US)
Forbo (Switzerland)
Interface (US)
Beaulieu International (Belgium)
TOLI Corporation (Japan)
Milliken & Company (US)
Corporation (Japan)
Floorworld LLC (Dubai)
Table of content for the Flooring Market includes:
Flooring Market: Research Methodology
Flooring Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Flooring Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Flooring Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Material (2021-2029)
Global Market, by End-Use (2021-2029)
Global Market, by Application (2021-2029)
Regional Flooring Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Material (2021-2029)
Regional Market, by End-Use (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Material, End-Use, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Resilient Flooring Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-resilient-flooring-market/66277/
Outdoor Flooring Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-outdoor-flooring-market/98232/
Global Vinyl Composition Tile (VCT) Flooring Market- Forecast and Analysis (2020-2027), by Product, by Application, and by Region- know more
https://www.maximizemarketresearch.com/market-report/global-vinyl-composition-tile-vct-flooring-market/71521/
Wood and Laminate Flooring Market - Global Industrial Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-wood-and-laminate-flooring-market/105200/
Home Decor Market: Global Industry Analysis and Forecast (2022-2029) by Product Type, Distribution Channel and Region
https://www.maximizemarketresearch.com/market-report/global-home-decor-market/21247/
Flooring Foam Market - Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-flooring-foam-market/103682/
Wood Truss Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-wood-truss-market/100679/
Wood Based Panel Market - Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-wood-based-panel-market/70323/
Polystyrene Foam Market: Demand for Expanded Polystyrene Foam in Construction and Packaging Industry to Drive Market- know more
https://www.maximizemarketresearch.com/market-report/global-polystyrene-foam-marke/99916/
Polymer Foam Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-polymer-foam-market/33278/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic Industries, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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