Global Flooring Market 2024-2028
The flooring market is forecasted to grow by USD 84.98 bn during 2023-2028, accelerating at a CAGR of 5.9% during the forecast period. The report on the flooring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in global construction industry, changing flooring requirements in key industries, and rising demand for eco-friendly and sustainable flooring.
Technavio's flooring market is segmented as below:
By End-user
- Residential
- Non-residential
By Type
- Non-resilient flooring
- Resilient flooring
- Soft cover flooring
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing demand for waterproof flooring as one of the prime reasons driving the flooring market growth during the next few years. Also, growing adoption of vr technology to enhance online purchasing of flooring products and rising demand for customization in flooring products will lead to sizable demand in the market.
The report on the flooring market covers the following areas:
- Flooring market sizing
- Flooring market forecast
- Flooring market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flooring market vendors that include Armstrong World Industries Inc., Beaulieu International Group, Belysse Group nv, CLASSEN Group, Forbo Management SA, Gerflor Group, Interface Inc., ITOCHU Corp., James Halstead plc, Kahrs, Kajaria Ceramics Ltd., Karndean, Kingspan Group Plc, Kronospan Ltd., LX Holdings Corp., M. KAINDL GMBH, Mannington Mills Inc., Milliken and Co., Mohawk Industries Inc., Nature Flooring, Orient Bell Ltd., PORCELANOSA Grupo AIE, RPM International Inc., Shaw Industries Group Inc., TOLI Corp., Tarkett, The Dixie Group Inc., Responsive Industries Ltd., and Congoleum Corp.. Also, the flooring market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.