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Commercial Flooring Market Size, Growth, Trends Report By Product (Soft Covering Flooring, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring, Wood And Laminate ), By Distribution Channel (Retail, Wholesale And Distributor Business Trend ), By
Commercial Flooring Market Report
The Business Research Company presents an extensive market research report on the ""Commercial Flooring Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the commercial flooring industry. This report on commercial flooring market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The commercial flooring market size has grown strongly in recent years. It will grow from $62.52 billion in 2023 to $66.33 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. It will grow to $84.34 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
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Key Market Players:
Mannington Mills Inc., Amtico International Inc., Mohawk Industries Inc., Armstrong Flooring Inc., Flowcrete Group Ltd. are prominent players in the commercial flooring industry.
Market Drivers:
According to the Commercial Flooring Market Report 2024 by The Business Research Company, the key factors driving the growth of the Commercial Flooring market, includes the rapid urbanization. This shift in population has resulted in the added requirement for housing and commercial businesses that have created an opportunity for increasing construction, thereby in turn driving the commercial flooring market.
More information about the Global Commercial Flooring Market Report - https://www.thebusinessresearchcompany.com/report/commercial-flooring-global-market-report
Market segments for commercial flooring include:
1) By Product: Soft Covering Flooring, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring, Wood and Laminate
2) By Distribution Channel: Retail, Wholesale and Distributor Business Trend
3) By Application: Healthcare, Education, Hospitality, Retail, Public Buildings, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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