Global Wooden Floor Market 2024-2028

Global Wooden Floor Market 2024-2028

The wooden floor market is forecasted to grow by USD 7.68 bn during 2023-2028, accelerating at a CAGR of 5.69% during the forecast period. The report on the wooden floor 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 rising number of construction and real estate projects worldwide, growing demand for eco-friendly and sustainable flooring, and flourishing demand for wooden flooring in indoor sports facilities.

Technavio's wooden floor market is segmented as below:

By Type

• Engineered wood flooring
• Solid wood flooring

By End-user

• Residential
• Non-residential

By Geography

• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the growing adoption of AR and VR technology to enhance online purchasing of flooring products as one of the prime reasons driving the wooden floor market growth during the next few years. Also, rising demand for customization in flooring products and high demand for building remodeling and renovation will lead to sizable demand in the market.

The report on the wooden floor market covers the following areas:

• Wooden floor market sizing
• Wooden floor market forecast
• Wooden floor 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 wooden floor market vendors that include Armstrong World Industries Inc., Barlinek SA, Bauwerk Group Schweiz AG, Beaulieu International Group, Berkshire Hathaway Inc., Boral Ltd., Broadsword Timber t as British Hardwoods., Daikin Industries Ltd., GREENBUILD WOOD INDUSTRY CO. LTD, IM wooden floor, Junckers Industrier AS, Kahrs, kelaiwood , Lauzon, Mannington Mills Inc., Mirage, Mohawk Industries Inc., Tarkett, The Solid Wood Flooring Co, and Three Trees Flooring. Also, the wooden floor 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.