Flooring Market
Flooring Market was valued at US$ 214.29 Bn in 2014 and is anticipated to reach US$ 391.38 Bn in 2023, expanding at a CAGR of 7.0% between 2023
Flooring Market was valued at US$ 214.29 Bn in 2014 and is anticipated to reach US$ 391.38 Bn in 2023, expanding at a CAGR of 7.0% between 2023
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Transparency <strong>Market</strong><br />
Research<br />
<strong>Flooring</strong> (Carpets & Rugs, Tile, Vinyl & Rubber <strong>Flooring</strong>, Wood <strong>Flooring</strong>, and<br />
Others) <strong>Market</strong> for Residential, Commercial, and Other Applications - Global<br />
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023<br />
Published Date<br />
08-July-2015<br />
106 Page Report<br />
Buy Now<br />
Request Sample<br />
Press Release<br />
Global <strong>Flooring</strong> <strong>Market</strong>: Increase in Construction Activities to Boost Develop<br />
<strong>Market</strong> at 7.0% CAGR during 2015 - 2023<br />
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Albany, NY 12207<br />
United States<br />
www.transparencymarketresearch.com<br />
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<strong>Flooring</strong> <strong>Market</strong><br />
REPORT DESCRIPTION<br />
<strong>Flooring</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023<br />
According to a recent market research report released by Transparency <strong>Market</strong> Research, the global flooring market is<br />
expected to develop positively at a CAGR of 7.0% during the period from 2015 to 2023. The report, titled “<strong>Flooring</strong><br />
<strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, anticipates the overall market<br />
to reach a valuation of US$391.38 billion by 2023. In 2014, the global flooring market was valued at US$214.29 billion<br />
and in terms of volume, the market stood at 16,419.2 million square meters in the same year.<br />
Browse <strong>Market</strong> Research Report @<br />
http://www.transparencymarketresearch.com/flooring-market.html<br />
<strong>Flooring</strong> products refer to the construction materials used to cover the floor area of residential, commercial, and<br />
industrial buildings. A range of products such as wood, vinyl and rubber, tile, carpets and rugs, and others are used to<br />
cover the floor area. The report points out the growing construction industry as a primary factor driving the demand<br />
from the global flooring market. <strong>Flooring</strong> products are extensively used as floor coverings in automobiles and deck<br />
coverings in ships. Increasing productivity of the automotive industry, coupled with rapid growth in the global shipping<br />
industry is expected to significantly augment the growth of the overall flooring market.<br />
However, the fluctuating prices of the raw materials for flooring products will restrain the global flooring market during<br />
the forecast horizon. Wood or lumber is the major raw material used in wood floor coverings. Volatile price of lumber is<br />
expected to negatively impact the growth of the overall market. On the basis of product type, the report segments the<br />
global flooring market into tile flooring, carpets and rugs, wood flooring, vinyl and rubber flooring, and others including<br />
laminate flooring. In 2014, the demand for carpets and rugs was the highest with the segment accounting for a market<br />
volume of 6,556.9 million square meters. This can be attributed to the increasing usage of carpets and rugs as flooring<br />
products in cold climates in the developed regions of North America. However, during the forecast horizon vinyl and<br />
rubber flooring is expected to grow at the fastest rate owing to the cost efficiency and high durability of these flooring<br />
products.<br />
Transparency <strong>Market</strong> Research<br />
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<strong>Flooring</strong> <strong>Market</strong><br />
In terms of application, the report categorizes the global flooring market into commercial, residential, and others<br />
including automotive and industrial. In 2014, residential application emerged as the largest segment in the flooring<br />
market, generating a revenue worth US$121.93 billion. Increase in construction activities across developed and<br />
developing regions have contributed to the growing application of flooring products in the residential segment. Growing<br />
interest for green buildings in the construction industry has led to the increased demand for eco-friendly flooring<br />
products in various commercial construction projects.<br />
The report studies the global flooring market across five key geographical regions: Europe, North America, Latin America,<br />
Asia Pacific, and Middle East and Africa. Demand from North America and Asia Pacific has contributed significantly in<br />
driving the overall market. The report profiles some of the key players in the global flooring market such as Armstrong<br />
World Industries, Mohawk Industries Inc., Gerflor Group, Tarkett Group, and Avant Holding GmbH.<br />
Fill the form for an exclusive sample of this report @<br />
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3813<br />
The research study has been segmented as below:<br />
<strong>Flooring</strong> <strong>Market</strong>: Product Segment Analysis<br />
-Carpets & rugs<br />
-Tile<br />
-Vinyl & rubber flooring<br />
-Wood flooring<br />
-Others (including laminate flooring)<br />
<strong>Flooring</strong> <strong>Market</strong>: Application Analysis<br />
-Residential<br />
-Commercial<br />
Transparency <strong>Market</strong> Research<br />
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<strong>Flooring</strong> <strong>Market</strong><br />
About Us<br />
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