Flooring - Global Market Forecasts to 2026: Mounting Demand for Insulation and Rapid Industrialization are Major Growth Drivers - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 28, 2018--The “Flooring - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
The Global Flooring market accounted for $314.26 billion in 2017 and is expected to reach $558.12 billion by 2026 growing at a CAGR of 6.5%.
Mounting demand for insulation, rapid industrialization, surging demand in the construction industry and varying customer lifestyles are the major drivers. Customer knowledge and their readiness to use the product are likely to fuel the market growth.
However, high cost of raw materials and lack of awareness are some of the factors hampering the market growth. Increase in demand from emerging economies and growing demand in retail sector provides ample opportunities for market growth.
Based on end user, residential segment is projected to grow due to the increasing demand from the construction industry, increased home improvement and renovation projects; the market for flooring products in residential applications is expected to witness high growth during the forecast period.
By geography, Asia Pacific region is anticipated to grow at the highest CAGR during the forecast period. The growth is attributed to the increased affordability, rising urbanized population, supportive government policies & plans and increase in industrialization in recent years are the favourable factors for the market growth in this region.
ScopeMarket share assessments for the regional and country level segments Market share analysis of the top industry players Strategic recommendations for the new entrants Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Flooring Market, By Material
6 Global Flooring Market, By End User
7 Global Flooring Market, By Geography
8 Key Developments
9 Companies ProfiledAnderson Armstrong World Industries Inc. Flowcrete Mohawk Industries Inc. Congoleum Corporation Daltile Emser Tile Florim USA Forbo Gerflor Interface Incorporation Shaw Industries The Dixie Group Toli Corporation Beaulieu International Milliken & Company Parado Balta Industries LG Hausys Swiss Krono
For more information about this report visit https://www.researchandmarkets.com/research/wkk2b5/flooring_global?w=4
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INDUSTRY KEYWORD: INTERIOR DESIGN CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Research and Markets
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PUB: 09/28/2018 02:59 PM/DISC: 09/28/2018 03:00 PM