Report Description
Flooring products are construction materials used to cover the floor area of commercial, residential, and industrial buildings. These are finished products applied on the floor in order to give a walking surface. Different products are used in this industry based on their application such as carpets & rugs, wood, vinyl & rubber, tile, and laminate flooring. These materials are used in residential buildings, commercial buildings, and industrial areas solving specific purpose.
This report provides detailed analysis and forecast of the flooring market on a global and regional level from 2015 to 2023. On the global level, the market has been segmented based on volume (million square meters) and revenue (US$ Mn) from 2015 to 2023. In order to provide an in-depth understanding of the market at the regional level, the demand for flooring materials has been forecast in terms of volume (million square meters) and revenue (US$ Mn) from 2015 to 2023. The report includes drivers and restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various opportunities for market growth at the global and regional level.
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Scope
Rise in the number of building construction activities and increase in commercialization in emerging economies such as China and India have been the primary growth factors for the flooring market in Asia Pacific. Furthermore, demand for flooring was the highest in the region due to infrastructural development in commercial, industrial, and healthcare sectors. Demand for flooring materials is rising in the commercial sector due to several factors such as increase in corporate earnings, rise in per capita income and spending, and GDP growth in emerging regions such as India, China, Brazil, GCC, and Africa.
Key Players
The report includes profiles of leading companies such as Mohawk Industries, Inc., Shaw Industries Group, Inc., Tarkett Group, Mannington Mills, Inc., Armstrong World Industries, Inc., and Boral Limited.
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