Flooring Market
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Transparency <strong>Market</strong><br />
Research<br />
<strong>Flooring</strong> <strong>Market</strong> (Product - Carpets and Rugs, Wood,<br />
Resilient, Tile, Laminate, and Stone; Application - Residential,<br />
Commercial, and Industrial) - Global Industry Analysis, Size,<br />
Share, Growth, Trends and Forecast 2017 - 2025<br />
Published Date<br />
09-May-2017<br />
185 Page Report<br />
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Press Release<br />
Global <strong>Flooring</strong> <strong>Market</strong>: Increase in Construction Activities to Boost<br />
<strong>Market</strong>’s Growth, says TMR<br />
Transparency <strong>Market</strong> Research<br />
State Tower,<br />
90, State Street, Suite 700.<br />
Albany, NY 12207<br />
United States<br />
www.transparencymarketresearch.com<br />
sales@transparencymarketresearch.com
<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 2017 - 2025<br />
Global <strong>Flooring</strong> <strong>Market</strong>: Snapshot<br />
The global flooring market is highly dynamic and versatile. Equipped with a wide-ranging<br />
portfolio of products, this market is among the most important building material markets. The<br />
substantial rise in the construction industry and the increasing trend of home improvement and<br />
renovation project activities is likely to boost this market substantially over the forthcoming<br />
years.<br />
This 154 page report gives readers a comprehensive overview of the <strong>Flooring</strong> <strong>Market</strong> .<br />
Browse through 54 data tables and 56 figures to unlock the hidden opportunities in<br />
this market.<br />
http://www.transparencymarketresearch.com/flooring-market.html<br />
The rising number of residential constructions in various emerging nations and the reconstruction<br />
activities in mature economies, especially those in North America and Europe, are also expected<br />
to accelerate the growth rate of this market in the near future. On the other hand, the market<br />
may face severe challenges from the surging concerns over the harmful effect of certain<br />
chemicals used in the manufacturing of flooring products in the years to come. In 2016, the<br />
market was valued at US$247.56 bn. Expanding at a CAGR of 6.40% between 2017 and 2025,<br />
the opportunity in this market is anticipated to rise to US$429.25 bn by the end of 2025.<br />
Asia Pacific to Report Continued Dominance<br />
Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America have emerged<br />
as the main regional markets for flooring components across the world. Compared to other<br />
regional markets, Asia Pacific has been reporting a higher demand for these components and<br />
accounted for more than 42% of the overall market in 2016. With a significant expansion in the<br />
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<strong>Flooring</strong> <strong>Market</strong><br />
construction industry in various Asian nations, thanks to the high economic growth, the Asia<br />
Pacific flooring market is anticipated to continue on the top over the next few years.<br />
In Asia Pacific, China has surfaced as the key consumer of flooring products and is expected to<br />
remain so over the forthcoming years. Japan, South Korea, and Australia are other important<br />
consumers of flooring products in this region. India also demonstrates a significant potential for<br />
the growth in its flooring market as a considerable portion of flooring is currently constructed<br />
from non-standard materials here.<br />
Europe is another prominent regional market for flooring components. Although the flooring<br />
market in Europe is comparatively mature, innovation and new technological developments in<br />
flooring products, such as tiles, woods, and carpets and rugs, are expected to boost this market<br />
considerably in the years to come.<br />
Demand for Tiles to Remain Strong<br />
Carpets and rugs, wood, resilient, tiles, laminate, and stone are the key products available in the<br />
global flooring market. Tiles, among these, have been witnessing a greater demand than other<br />
products. With the rise in building and construction activities and increasing interest of people in<br />
interior decoration, this trend is likely to remain so over the forthcoming years. Carpets and rugs<br />
are also expected to register a healthy rise in their demand in the near future due to their<br />
extensive usage in households.<br />
The demand for resilient flooring is likely to expand at a higher pace than other products, with<br />
luxury vinyl tile (LVT) and wood-polymer composites (WPC) exhibiting double digit growth rates.<br />
Stone flooring, such as marble and granite flooring, will witness a moderate demand due to their<br />
high costs and complex installation.<br />
Get accurate market forecast and analysis on the <strong>Flooring</strong> <strong>Market</strong>.Request a sample<br />
to stay abreast on the key trends impacting this market @<br />
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flag=S&rep_id=3813<br />
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<strong>Flooring</strong> <strong>Market</strong><br />
About Us<br />
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