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Flooring - Market Share Analysis and Research Report by 2025

A new report on Flooring market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Flooring market in tandem with its competitive terrain.

Proliferating residential and commercial construction operations in the emerging countries along with rising urbanization and industrialization across the globe are major drivers for flooring market growth. Increasing renovation & remodeling activities coupled with the shifting consumer inclination towards new interiors and floor designs will propel product share over the projected timeframe.

Flooring Market is estimated to surpass USD 450 billion by 2024; according to a new research report.

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Regulatory authorities including the U.S. Consumer Product Safety Commission (CPSC), Environmental Working Group and the US environmental protection agency (EPA) enact laws and regulations regarding the manufacture of floors. The U.S. Consumer Product Safety Commission (CPSC) conduct multiple tests and procedure to examine the short and long-term effects of harmful emission released from floor manufacturing. EPA also provides guidelines for product use to improve the consumer safety.

Flooring - Market Share Analysis and Research Report by 2025
Flooring - Market Share Analysis and Research Report by 2025

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High investments by industry players in construction sector to cope up with the consumer requirement will positively influence the industry expansion. Rising customer focus towards home decor along with improving lifestyles will escalate the product size. Government supportive norms and finance policies for new house construction and renovations will accentuate the volume growth over the forecast timeframe.

Seamless flooring segment will register considerable share in the flooring market owing to its installation in commercial sector including hospitals, hotels and retail stores. Increasing preference for floors with protective coverings to enhance the product reliability and durability will propel the segment penetration. Superior impact and abrasion resistance provided by seamless flooring will further accentuate the volume growth.

Industry players are undergoing strategic agreements to strengthen their distribution channels to enhance their customer base and revenue generation. For instance, in July 2018, DriTac Flooring Products, LLC announced contractual partnership with Introducing Interiors Ltd. The agreement will increase their supply network for eco-friendly adhesives, engineered floorings and ceramic tiles.

Residential segment is projected to witness substantial growth owing to the increasing constructions across the globe. Manufacturers focus on introductions of new product designs to engage customers in house remodeling. Rising consumer preferences for innovative and attractive flooring solutions will escalate the segment growth. Government authorities involve in strategic investments for residential constructions projects that will further support the product growth over the study timeframe.

North America will register substantial growth in the flooring market owing to the rising urban population and home dwellers in the region. High requirement for upgradation of conventional infrastructures into new constructions with the use of advanced materials will escalate the industry size. Increasing government spending for the development of smart city projects will accentuate the industry size.

Key players in the flooring market include Mohawk Industries, Shaw Industries Group, Inc, Armstrong Flooring, Marazzi Group, Beaulieu, Mannington Mills and Tarkett. Other notable players include IVC Group, Gerflor, Polyfor, Interface Inc, Delconca and Flowcrete. Industry players are involved in strategic acquisition for increasing their business operations with new product portfolios and manufacturing facilities. For instance, May 2016, Shaw Industries Group, Inc. announced the acquisition of US Floors, Inc to enhance their positioning in resilient luxury vinyl tile and hard surface products.

Flooring market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in billion sq. feet and revenue in USD billion from 2013 to 2024, for the following segments:

Flooring Market by Product

Soft Coverings

Resilient Flooring

LVT

VCT

Vinyl Sheet

Fiberglass

Linoleum

Others

Non-Resilient Flooring

Ceramic

Stone

Others

Seamless Flooring

Flooring Market by Application

Residential

Commercial

Industrial

Major Highlights from Table of contents are listed below for quick lookup into Flooring Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Flooring Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Flooring Market Statistical model and forecast
  • Industry insights and validation
  • Flooring Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Flooring industry 360º synopsis - 2025
  • Flooring Business trends
  • Region trends

Chapter 5. Flooring industry Insights

  • Flooring Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Flooring Market Growth potential analysis

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