Press release
Floor Polishing Machine Market Anticipates Strong Growth, Projected to Reach $19.8 Billion by 2028
Floor Polishing Machine Market
Experiencing robust expansion, the floor polishing machine market is poised to surge from $15.12 billion in 2023 to $15.93 billion in 2024, reflecting a Compound Annual Growth Rate (CAGR) of 5.4%. The market is expected to continue its robust growth, reaching $19.8 billion by 2028, with a CAGR of 5.6%.
Key Growth Drivers:
Construction Industry Boom Propels Floor Polishing Machine Market:
The flourishing construction industry is a key driver fueling the growth of the floor polishing machine market. As an essential tool in infrastructure repairs and restoration, floor polishing machines contribute to the construction sector's efficiency. With the global construction market projected to reach $8 trillion by 2030, as per ICE (Institution of Civil Engineers), and the Indian construction industry expected to reach $1.4 trillion by 2025, per Invest India, the surge in construction activities is a significant factor driving the floor polishing machine market's expansion.
Home Renovation Surge Boosts Floor Polishing Machine Demand:
A surge in home renovations is anticipated to drive the demand for floor polishing machines. Homeowners, aiming for improvements and the restoration of hardwood floors, contribute to the market growth. With an estimated $427 billion spent on new house upgrades and repairs by homeowners in 2022, as reported by Today's Homeowner Media, the demand for floor polishing machines is set to rise.
Explore the Global Floor Polishing Machine Market with a Detailed Sample Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7005&type=smp
Major Players:
Leading companies in the floor polishing machine market include Alfred Karcher GmbH & Co. KG, Tennant Company, Hako GmbH, Nilfisk Group, and others.
Trends Shaping the Market:
Technological Advancements Enhance Market Landscape:
Technological advancements take center stage as a key trend in the floor polishing machine market. Tennant Company, for instance, introduced lithium-ion technology to their Autonomous Mobile Robot (AMR) machines, maximizing productivity and reducing costs for customers in the floor polishing machine industry.
SmartFloor Refinement System Revolutionizes Polishing:
Innovation in technological products, such as the SmartFloor Refinement System, is reshaping the floor polishing machine market. Launched by Ameripolish, this system offers a simple and affordable method to achieve high-aesthetic floors, showcasing the industry's commitment to innovation.
Regional Insights:
Asia-Pacific emerged as the largest region in the floor polishing machine market in 2023, with the Asia-Pacific and Western Europe regions anticipated to witness significant growth in the forecast period. Comprehensive regional coverage includes Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Market Segmentation:
The floor polishing machine market covered in this report is segmented -
1) By Floor Type: Carpet, Concrete, Stone, Wood, Tile and Grout, Other Floor Types
2) By Operation Type: Manual, Automatic, Semi Automatic
3) By Sales Channel: Online, Offline
4) By Application: Residential, Commercial, Other Applications
Access the Complete Report for In-Depth Analysis:
https://www.thebusinessresearchcompany.com/report/floor-polishing-machine-global-market-report
Floor Polishing Machine Global Market Report 2024from TBRC covers the following information:
•Market size date for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries:Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
TheFloor Polishing Machine Global Market Report 2024byThe Business Research Company is the most comprehensive report that provides insights on market size, floor polishing machine market drivers and trends, floor polishing machine market major players, competitors' revenues, market positioning, and market growth across geographies.The floor polishing machine market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
Browse Through More Similar Reports By The Business Research Company:
Flooring Adhesive Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/flooring-adhesive-global-market-report
Hardwood Flooring Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/hardwood-flooring-global-market-report
Hard Surface Flooring Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/hard-surface-flooring-global-market-report
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Check out our:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company has published over 3000+detailed industry reports, spanning over 6500+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Global Market Model - Market Intelligence Database
The Global Market Model, The Business Research Company's flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Floor Polishing Machine Market Anticipates Strong Growth, Projected to Reach $19.8 Billion by 2028 here
News-ID: 3364743 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Floor
Hardwood Floor Refinishing Company in Columbus Offers Affordable, Eco-Friendly A …
Local company provides professional refinishing, nearly dust-free sanding, and repair services to restore hardwood floors across Columbus area.
Image: https://www.globalnewslines.com/uploads/2025/06/c491681ac4954df89955bc2a763d3f57.jpg
Hardwood floors in homes and businesses across Columbus, Ohio, are getting a second life thanks to Hardwood Floor Refinishing In , a local provider specializing in refinishing, sanding, staining, and repairs. In operation since 1999, the company delivers cost-effective, environmentally safe services that eliminate the need for full floor replacement. With demand…
Discover the Art of Floor Refinishing with Truman Hardwood Floor Cleaning & Refi …
Truman Hardwood Floor Cleaning & Refinishing LLC specializes in this transformative process, ensuring precision and attention to detail. From consultation to completion, their expert team works to bring back the shine and elegance of your hardwood floors, improving both aesthetic appeal and property value.
The Benefits of Professional Floor Refinishing Near Me
For homeowners seeking to revitalize their spaces, floor refinishing is an ideal solution. Over time, hardwood floors can lose their…
Hardwood Floor Refinishing & Hardwood Floor Installation Victoria BC
Van Isle Hardwood Flooring Co. in Victoria, BC, announces the launch of their new website, enhancing customer experience and showcasing expanded services, including certified asbestos removal. The website features a user-friendly design, detailed service descriptions, project galleries, customer testimonials, and easy contact options.
Victoria, BC - 7 Jan, 2025 - Van Isle Hardwood Flooring Co. Launches New Website to Enhance Customer Experience and Showcase Expanded Service Offerings, Including Asbestos Removal.
Van Isle…
Dr. Hardwood Refinishing & Cleaning Expands Floor Refinishing, Wooden Floor Inst …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1728716311.png
Dr. Hardwood refinishing & cleaning logo
Dr. Hardwood Refinishing & Cleaning, a trusted name in hardwood floor care, announces the expansion of its floor refinishing service, wooden floor installation, and wood floor repair Austin offerings in Austin, TX, and surrounding areas. The company specializes in high-quality craftsmanship for residential and commercial clients, providing long-lasting flooring solutions.
As the demand for hardwood flooring continues to rise in Austin, Dr. Hardwood…
Truman's Hardwood Floor Refinishing & Cleaning: Transforming Homes with Stunning …
Refinish hardwood floors, Truman's is synonymous with quality craftsmanship, attention to detail, and transformative outcomes. Whether it's reviving worn-out floorboards or breathing new life into outdated hardwood surfaces, Truman's stands at the forefront of the industry, offering unparalleled expertise and a commitment to excellence.
Truman's Hardwood Floor Refinishing & Cleaning is revolutionizing the way homeowners perceive and experience the rejuvenation of their living spaces. Specializing in the meticulous process to refinish…
Floor Care Service Market Size in 2023 To 2029 | 3B Cleaning & Floor Care Servic …
Floor Care Service market report includes market-driving factors, major obstacles, and restraining factors impeding market growth. The report assists existing manufacturers and start-ups in developing strategies to combat challenges and capitalize on lucrative opportunities to gain a foothold in the global market. Moreover, the report provides thorough information about prime end-users and annual forecast during an estimated period.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=7629982
Descriptive company profiles…
