DUBLIN–(BUSINESS WIRE)–The “Analysis report of the global flooring market size, share and trends by product (resilient, non-resilient, resilient, seamless flooring), by application (residential, industrial, commercial), by region ( MEA, APAC) and segment forecast, 2021-2028” report has been added to from ResearchAndMarkets.com offer.
The global flooring market size is expected to reach USD 621.54 billion by 2028, registering a CAGR of 6.1%. Growing urbanization and expansion of state-of-the-art workspaces and offices, coupled with changing consumer lifestyles, is expected to drive the market growth.
The rapidly growing global construction industry and the resulting demand for insulation is expected to drive the market growth. Increased availability of innovative building solutions with attributes like low maintenance and high durability is expected to have a positive impact on the market.
The development of innovative flooring solutions and changing consumer trends in construction solutions and flooring designs have played a vital role in the development of the industry in recent years. A high degree of integration is seen among the major players to achieve optimum business growth in the market. Mergers and acquisitions and joint ventures are undertaken by companies to expand their business portfolio and geographic reach.
Flooring Market Report Highlights
The resilient products segment is expected to grow at the fastest CAGR of 6.8% from 2021 to 2028 due to wide acceptance of performance flooring including rubber, vinyl, carpet, linoleum, cork and others .
In 2020, residential application segment led the market with a share of 54.3% and is further expected to grow at a steady CAGR from 2021 to 2028.
The growth of the segment is attributed to the rise in residential building construction activities across the world
On the other hand, industrial applications segment is expected to register the maximum growth rate during the forecast period
Asia-Pacific is estimated to be the largest regional market by 2028; however, MEA is expected to register the fastest CAGR over the forecast period
Prominent players in the market are focusing on small business acquisitions to enhance their product portfolio and strengthen their presence in the global market
Mohawk Industries, Inc.
Burke Flooring Products, Inc.
Shaw Industries, Inc.
Mannington Mills, Inc.
Main topics covered:
Chapter 1. Methodology and scope
1.1. Research Methodology
1.2. Research scope and hypothesis
1.3. Acquiring information
1.4. Information analysis
1.5. Market formulation and data visualization
1.6. Data validation and publication
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Sector outlook
2.3. Competitive Perspectives
Chapter 3. Flooring Market Variables, Trends and Scope
3.1. Market Line Prospects
3.2. Mapping of penetration and growth prospects
3.3. Industry Value Chain Analysis
3.4. Regulatory framework
3.5. Market dynamics
3.6. Business Environment Scan: Flooring Market
3.7. Case studies
Chapter 4. Flooring Coatings Market: Product Estimates and Trend Analysis
4.1. Definition and scope
4.2. Analysis of product movement and market share, 2020 and 2028
4.3. Market size and forecast and trend analysis, 2017 to 2028 for the following
Chapter 5. Flooring Coatings Market: Application Estimates and Trend Analysis
5.1. Definition and scope
5.2. Analysis of application movement and market share, 2020 and 2028
5.3. Market size and forecast and trend analysis, 2017 to 2028 for the following:
Chapter 6. Flooring Coatings Market: Regional Estimates and Trend Analysis
6.1. Regional market overview
6.2. Market size and forecast and trend analysis, 2017 to 2028
Chapter 7. Flooring Coatings Market – Competitive Analysis
7.1. Key company market share
7.2. Key players and recent developments and their impact on the industry
7.3. Categorization of main companies/competitors
7.4. Supplier Landscape
7.5. Public enterprises
7.6. Private companies
Chapter 8. Business Profiles
For more information on this report, visit https://www.researchandmarkets.com/r/ljabhq