Hardwood Flooring Market Report 2022: Global Size, Share, Volume, Outlook, Research Report 2027


Hardwood Flooring Market Report 2022

Hardwood Flooring Market to Reach US$59.1 Billion – CAGR of 4.4% from 2022 to 2027 | Global hardwood flooring market influenced by low maintenance requirements

SHERIDAN, WYOMING, USA, Sept. 19, 2022 /EINPresswire.com/ — Hardwood Flooring Market Research Report 2022-2027

The latest report from IMARC Group, titled “Hardwood Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes Information on the Global Hardwood Flooring Market Report 2022 The report also includes analysis of competitors and regions as well as contemporary advances in the market.

The global hardwood flooring market size reached US$45.4 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$59.1 billion from by 2027, showing a growth rate (CAGR) of 4.4% during the period 2022-2027. Hardwood floors are made from real wood and preserve the unique look and texture of wood. It is very durable in nature, easy to install and requires little to no routine maintenance. In recent years, hardwood flooring has grown in popularity because it is easier to repair and refinish than laminate flooring and can be recycled without causing harm to the environment.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Request Free Sample Report: https://www.imarcgroup.com/hardwood-flooring-market/requestsample

Competitive Landscape:

By IMARC Group, the report has also analyzed the competitive landscape of the market, with some of the major hardwood flooring companies being

Some of these key players include:

• Beaulieu International Group
• To classify
• Formica

Hardwood Flooring Market Trends:

Nowadays, manufacturers are introducing cutting-edge technologies to offer high-performance hardwood floors. This represents the main factor supporting the growth of the market. In addition, hardwood floors emit zero VOC emissions and use formaldehyde-free adhesives. Hence, consumers opt for hardwood flooring as it helps to make it safer than other types of flooring. In addition, the growing number of residential construction projects and the development of advanced infrastructure contribute to the increase in sales of these flooring materials. Due to these factors, the market is expected to witness positive growth in the coming years.

Explore Full Report with Table of Contents and List of Figures: https://www.imarcgroup.com/hardwood-flooring-market

Key Market Segmentation:

Breakdown by raw material:
• Red oak
• White oak
• Maple
• Others

Breakdown by end-use sector:
• Residential sector
• Commercial sector

Breakdown by region:
• North America (United States, Canada)
• Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)

Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Impact of COVID-19 on the market
• Porter’s five forces analysis
• Historical, current and future market trends
• Market drivers and success factors
• SWOT analysis
• Market structure
• Value chain analysis
• Complete mapping of the competitive landscape

Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.

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About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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