Press release
Global Hard Surface Flooring Market is expanding with 5.12% CAGR | Forecast MRFR
The global hard surface flooring market has, geographically, been divided into four major regions, as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific, of all the regions, accounted for the fastest growth in share, in 2016, followed by North America and Europe. Increasing up gradation, and renovation of the existing infrastructure is driving the growth of the Asia Pacific market Asia Pacific. Some major markets of Asia Pacific are China, India and Indonesia. China accounts for the largest market in Asia Pacific hard surface flooring market. In India, values of both public and private sectors construction, are increasing continuously. This will create huge potential for the hard surface flooring market in the future. The region has also observed penetration of vinyl flooring segment due to the changing preferences and increased demand of decorative & colored flooring.
North America is a large region for the market. U.S. accounts for the largest share in North America. Developments in commercial and residential structures in the U.S., is expected to fuel the demand for hard surface flooring in the region. The region is governed by increase in construction activities in both private and commercial sectors. This drives the market for hard surface roofing in the construction sector. North America is followed by Europe and Rest of the World, including regions such as Middle East & Africa and South America.
Request a Sample @ https://www.marketresearchfuture.com/sample_request/4739
For this study, the global hard surface flooring market has also been divided on the basis of products, and applications. On the basis of products, the market has been segmented as resilient flooring and non-resilient flooring. Resilient flooring includes products such as vinyl flooring, vinyl sheet, and rubber flooring. Non-resilient flooring includes seamless flooring, wood flooring, and laminate flooring while the resilient flooring segment is expected to lead the market due to rapid growth in vinyl flooring sub-segment. Vinyl flooring has gained popularity over the years due to increased aesthetic values in construction and changing consumer preferences. Based on applications, the market has been segmented as residential and non-residential. The residential segment accounted for the largest market share. Due to the increasing population and urbanization, there has been a shift in the population in the urbanized areas, especially in developing nations. This transition leads to the increasing demand for homes and residential complexes. This drives the demand of the hard surface flooring in this sector. Non-residential segment is projected to grow at the highest CAGR during the forecast period due to increased investment in new commercial constructions and renovation projects
Hence, Global Hard Surface Floorings Market is expected to grow at a CAGR of 5.12% during the forecast period.
The prominent players in the global hard surface flooring market include Mohawk Industries (U.S.), Armstrong World Industries, Inc. (U.S.), Mannington Mills Inc. (U.S.), Shaw Industries Group (U.S.), Beaulieu International Group (Belgium), Marazzi Group S.r.l (Italy), Berry Floor NV (Italy), Burke Industries (U.S.), Roppe Corporation (U.S.), Surface America (U.S.), Tarkett SAS (France), TOLI Corporation (Japan), and Windmöller Flooring Products WFP GmbH (Germany).
Browse Report @ https://www.marketresearchfuture.com/reports/hard-surface-flooring-market-4739
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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 Global Hard Surface Flooring Market is expanding with 5.12% CAGR | Forecast MRFR here
News-ID: 911627 • Views: …
More Releases from Market Research (MRFR) Future Reports
CNC Metal Cutting Machine Tools Market Growth and Share with Developed Economies …
Market Overview
The global power dynamics and the factors influencing them are responsible for the market dynamics of the CNC Metal Cutting Machine Tools Market. More countries are willing to spend an enhanced amount on manpower and sum on the manufacturing and production of aerospace and defense products. This has provided the market with a potential growth base at the global level. The increased use of metals in electronics, as well…
Sterilized Packaging Market forecast and Set for Robust Growth During 2022-2030 …
Market Synopsis:
As per Market Research Future (MRFR)'s report, the global sterilized packaging market is expected to scale a decent value striking a steady CAGR over the forecast period. Packaging has gained quick mileage in recent years. The developments in packaging technology are likely to unleash tremendous developmental opportunities for the market players over the next couple of years.
The growing need for preserving the integrity of pharmaceuticals is the major factor…
N-Vinylformamide Market Share Recent Developments and Business Outlook 2022-2030
N-Vinylformamide Market Share
The global N-Vinylformamide Market Share is predicted to grow at a healthy CAGR between 2016- 2023, reveals the new Market Research Future (MRFR) report. N-vinyl formamide (C 3 H 5 NO) is a water-soluble polymer. It is colorless and easily dissolves in popular solvents like chloroform, methanol, and ethanol. Besides, it is a precursor to amide and amine functional polymers as well as other functional polymers, monomers, and…
India Rice Milling Market 2022 : Global Trend, Gross Earning and Emerging Growth …
Market Overview
The market price of the Indian rice milling market is projected to reach USD 392.6 million and a CAGR of 3.51% in the forecast period from 2022 - 2030.
Rice is one of the most demanded food grains in Indian agriculture and the main source of revenue for farmers. The need for rice processing equipment has increased across the country due to India's expanding rice cultivating sector. The number of…
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics…
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on…
