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The global flooring market is expected to witness substantial growth over the forecast period on account of the innovations, construction solutions and new trends in floor design. Flooring market is extremely competitive coupled with the large number of companies offering various flooring solutions across commercial, industrial and commercial.

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Global flooring market research report industry analysis size share growth and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Global Flooring Market Analysis, Size, Share, Growth, Industry

Trends and Forecast Report up to 2024 - Hexa Research

The worldwide flooring market is projected to attain above USD 330 billion in revenue by

2024. Flooring with a durable nature will attract huge sales for the market over the forecast

period (2016-2024). Demand for insulation will give it a much needed boost. The market is

expected to achieve a sales volume of 240 billion square feet, at a nearly 6% CAGR during

the forecast period. It was reported to accumulate a demand of 161 billion sq ft in 2015.

Consumers have moved on from traditional flooring solutions to eco-friendly solutions like

glass, cork, bamboo, linoleum, rubber, and polyester terephthalate (PET) berber. Changing

consumer preferences in accordance of their lifestyle as well as demand for insulation will

be the future drivers of the market.

Browse Detail Report@

https://www.hexaresearch.com/research-report/flooring-industry

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global flooring market research report industry analysis size share growth and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

The market is split by products, applications, and regions. Seamless flooring, soft coverings,

resilient, and non-resilient floorings are products of the flooring market. Soft coverings

comprising of rugs and carpets are also called as textile coverings. This segment had

occupied almost half the market, dominating the market with over 35% demand shares in

2015.

Resilient flooring encompasses a mixture of fillers and binders. They are waterproof

coverings available in vinyl, wood, rubber, cork, and linoleum. Non-resilient flooring is

available in terrazzo stone, ceramic tile, brick, clay tile, and concrete tile. These floorings

are low maintenance in nature and require only mopping and dusting.

Applications of the market involve commercial, industrial, and residential. Residential

accounted for 50% market demand. This made it the largest application of the flooring

market in 2015. This major share can be attributed to renovation and construction projects.

Industrial applications encompass aviation hangars, automotive industry, refineries, and

manufacturing plants. Education, sports, retail, healthcare, hospitality & leisure, and

corporations constitute as commercial market applications.

Regions covered under the market are Europe, North America, Asia Pacific, and RoW (Rest

of the World). Asia Pacific will lead the flooring market over the next six years owing to

residential and non-residential construction projects. It accumulated over 45% market

demand in 2015. Europe will enjoy a stable demand on account of providing innovative

flooring solutions.

Reputed participants involved in the flooring market include Shaw Floors, Mannington Mills

Inc., Gerflor, Armstrong, and Mohawk. The market is highly competitive in nature and driven

by technological innovation.

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/green-building-materials-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports,

custom research and consulting services to a host of key industries across the globe. We

offer comprehensive business intelligence in the form of industry reports which help our

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global flooring market research report industry analysis size share growth and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

clients obtain clarity about their business environment and enable them to undertake

strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin: https://www.linkedin.com/company/hexa-research

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


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