Press release
Wood Flooring Marke Huge Demand, High Growth Rate to Reach USD 79.30 Bn in 2030.
๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 49.71 Bn. in 2023 and the total Wood Flooring revenue is expected to grow by 6.9 % from 2024 to 2030, reaching nearly USD 79.30 Bn.๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The wood flooring market has experienced consistent growth due to the increasing demand for aesthetically appealing and durable flooring solutions. Wood flooring is favored for its ability to enhance interior design, provide longevity, and offer versatility in various residential, commercial, and industrial applications. Technological advancements in manufacturing processes and the availability of sustainable and engineered wood options have further fueled market expansion. Additionally, rising consumer awareness about eco-friendly products has encouraged the adoption of wood flooring that is responsibly sourced.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/22978/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
The primary drivers of the wood flooring market include growing construction activities, especially in the residential and commercial sectors, and increasing consumer preference for high-quality, elegant interiors. The durability and low maintenance associated with wood flooring make it an attractive choice for homeowners and businesses alike. Additionally, the shift toward environmentally sustainable products and the development of engineered wood flooring solutions that reduce material waste have significantly contributed to market growth. Government initiatives promoting sustainable construction practices are also playing a pivotal role in driving demand.
๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Emerging trends in the wood flooring market include the growing popularity of engineered wood and luxury vinyl wood-look alternatives, which combine aesthetics with affordability and ease of installation. Customization options, such as unique finishes and patterns, are becoming increasingly sought after by consumers looking to create personalized spaces. Moreover, innovations in manufacturing, including advanced coating techniques and water-resistant treatments, are enhancing the performance and lifespan of wood flooring products. The rising emphasis on sustainability has also led to an uptick in the use of certified, responsibly harvested wood.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.maximizemarketresearch.com/inquiry-before-buying/22978/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ:
๐๐ข๐๐ญ๐ง๐๐ฆ
Vinyl Flooring Innovations Ltd. has recently partnered with global distributors to expand its presence across Southeast Asia. This collaboration is expected to boost their production capacity for engineered wood flooring solutions, meeting rising demand from commercial sectors.
๐๐ก๐๐ข๐ฅ๐๐ง๐
ThaiWood Co., Ltd. has acquired a leading manufacturer in engineered wood flooring from Malaysia to enhance its technological capabilities and market access in the region. This acquisition is expected to position ThaiWood as a top player in the Southeast Asian wood flooring industry.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
WoodTech Flooring Solutions has entered into a strategic acquisition deal with a European wood flooring supplier. This merger will allow WoodTech to integrate new manufacturing technologies and expand its product line, including sustainable flooring options, into the ASEAN market.
๐๐๐ฉ๐๐ง
Sumitomo Forestry Co. has announced the acquisition of a flooring business in North America. This acquisition will help the company increase its footprint in the growing residential and commercial wood flooring sectors in the US and Canada.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
LG Hausys has partnered with European manufacturers of eco-friendly wood flooring materials to integrate sustainable practices into its product offerings, enhancing its market competitiveness both domestically and internationally.
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ
Kรคhrs Group (Sweden) acquired Bauwerk Parkett AG (Switzerland), a leader in premium wood flooring solutions. This merger strengthens Kรคhrs Group's market position across Europe, particularly in high-end residential flooring solutions.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
Mohawk Industries has completed the acquisition of Pergo Flooring, a well-known name in the laminated and engineered wood flooring market. This acquisition enhances Mohawk's product portfolio and expands its presence in both residential and commercial markets.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
๐๐จ๐ก๐๐ฐ๐ค ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ has introduced innovative wood flooring technologies that combine aesthetics with improved durability, catering to the increasing consumer preference for long-lasting, low-maintenance solutions.
๐๐ก๐๐ฐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ s expanding its product line to include eco-friendly flooring options, focusing on sustainable materials, further cementing its commitment to green building practices.
๐๐ซ๐ฆ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ continues to lead in the commercial sector, leveraging advanced production technologies to meet the demand for high-performance wood flooring in business spaces.
๐๐จ๐ซ๐๐ฅ ๐๐ข๐ฆ๐ข๐ญ๐๐ has made significant strides in the development of hybrid wood flooring solutions, which offer superior performance and environmental benefits.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/22978/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
By Product Type
Solid Wood Flooring
Engineered Wood Flooring
By Application
Residential
Commercial
Hospitality
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
North America
1. Mohawk Industries
2. Armstrong Flooring, Inc.
3. Mannington Mills, Inc.
4. Mullican Flooring
5. Home Legend, LLC
6. From the Forest
7. Somerset Hardwood Flooring
8. Harris Wood Floors: United States
9. AHF Products
10. LM Flooring
11. Somerset
12. Cali Bamboo, LLC
13. K. D. Woods Company, Inc.
14. LL Flooring Holdings
15. Connor Sports
Europe
16. Tarkett Group (France) Power Dekor Group Co., Ltd.
17. Kรคhrs Holding AB Robina Flooring Sdn Bhd (Malaysia)
18. Barlinek SA Teka Parquet
19. Woodpecker Flooring Ltd.
20. Havwoods International (UK)
21. Junckers Industrier A/S
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/global-wood-flooring-market/22978/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
๐๐จ๐จ๐ ๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ Segmentation - A detailed analysis by Product
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
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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