DUBLIN--(BUSINESS WIRE)--Aug 21, 2018--The "Global Flooring Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global flooring market is expected to grow at a CAGR of 3.60% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the growth of VR technology. The key vendors in the flooring market are increasingly incorporating VR and augmented reality (AR) for a better customer experience. The growth of innovation and technology has helped these vendors offer a virtual experience of their flooring products.

According to the report, one of the major drivers for this market is the changing flooring requirements in key industries. The increased emphasis on flooring requirements in key industries such as education and healthcare has contributed to the growth of the global flooring market over the last few years.

Further, the report states that one of the major factors hindering the growth of this market is the rising prices of raw materials. The prices of raw materials used in the manufacturing of flooring products such as wood, ceramics, and vinyl have been on the rise. The rise in prices of lumber has also in turn increased related expenses such as transport and labor costs, impacting the market's growth adversely during the next few years.

Market Trends

Demand for Waterproof Flooring Growth of VR Technology Innovations in Laminate Flooring

Key Vendors

Armstrong Flooring Forbo Holding Interface Mohawk Industries Tarkett

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/37qd5m/global_flooring?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180821005296/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Flooring

KEYWORD:

INDUSTRY KEYWORD: HOME GOODS RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/21/2018 05:44 AM/DISC: 08/21/2018 05:44 AM

http://www.businesswire.com/news/home/20180821005296/en