Resilient Flooring Market Size is projected to reach at USD 1.67 billion by 2025
The global resilient flooring market size is projected to reach at USD 1.67 billion by 2025 expunging at a CAGR of 4.9%, Increased demand for slip-resistant and anti-bacterial flooring solutions is one of the key factors propelling the market growth. Developing countries, such as Brazil, India, and Mexico, are likely to witness drastic development in the infrastructure sector owing to rapid urbanization and industrialization resulting in rising need for IT parks, industrial areas, and housing projects.
The global resilient flooring market size is projected to reach at USD 1.67 billion by 2025 expunging at a CAGR of 4.9%, Increased demand for slip-resistant and anti-bacterial flooring solutions is one of the key factors propelling the market growth. Developing countries, such as Brazil, India, and Mexico, are likely to witness drastic development in the infrastructure sector owing to rapid urbanization and industrialization resulting in rising need for IT parks, industrial areas, and housing projects.
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<strong>Resilient</strong> <strong>Flooring</strong> <strong>Market</strong> <strong>Size</strong> <strong>is</strong> <strong>projected</strong> <strong>to</strong><br />
<strong>reach</strong> <strong>at</strong> <strong>USD</strong> <strong>1.67</strong> <strong>billion</strong> <strong>by</strong> <strong>2025</strong><br />
“<strong>Resilient</strong> <strong>Flooring</strong> <strong>Market</strong> <strong>Size</strong>, Share & Trends<br />
Analys<strong>is</strong> Report By Product (LVT, Vinyl Sheet, VCT,<br />
Fiberglass, Linoleum), By Applic<strong>at</strong>ion (Residential,<br />
Commercial, Industrial), By Region, And Segment<br />
Forecasts, 2019 - <strong>2025</strong>.”<br />
The global resilient flooring market size <strong>is</strong> <strong>projected</strong> <strong>to</strong> <strong>reach</strong> <strong>at</strong> <strong>USD</strong> <strong>1.67</strong> <strong>billion</strong> <strong>by</strong> <strong>2025</strong><br />
expunging <strong>at</strong> a CAGR of 4.9%. increased demand for slip-res<strong>is</strong>tant and anti-bacterial flooring<br />
solutions <strong>is</strong> one of the key fac<strong>to</strong>rs propelling the market growth. Developing countries, such as<br />
Brazil, India, and Mexico, are likely <strong>to</strong> witness drastic development in the infrastructure sec<strong>to</strong>r<br />
owing <strong>to</strong> rapid urbaniz<strong>at</strong>ion and industrializ<strong>at</strong>ion resulting in r<strong>is</strong>ing need for IT parks, industrial<br />
areas, and housing projects. Development of innov<strong>at</strong>ive floor covering solutions and changing<br />
trends in construction solutions and floor design have been critical in the industrial development<br />
over the last few years. Increasing government spending on infrastructure development <strong>is</strong> also<br />
anticip<strong>at</strong>ed <strong>to</strong> drive the global market further. Rapid urbaniz<strong>at</strong>ion and growth in building &<br />
construction industry, especially in the Asia Pacific region, have substantially driven the commercial<br />
end-use segment of the industry.<br />
Request A Sample Copy Of Th<strong>is</strong> Report <strong>at</strong>:<br />
https://www.radiantinsights.com/research/global-industrial-3d-printings-industry-<br />
2018/request-sample<br />
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Fiberglass <strong>is</strong> <strong>projected</strong> <strong>to</strong> remain one of the fastest-growing product segment on account of new<br />
product developments along with the incorpor<strong>at</strong>ion of new designs and high warranty intervals.<br />
Vinyl Composite Tile (VCT) accounted for a significant share in 2018. These products are <strong>projected</strong><br />
<strong>to</strong> have prominent growth owing <strong>to</strong> their impact abrasion and res<strong>is</strong>tance, durability, low price, and<br />
resilience. Commercial applic<strong>at</strong>ion <strong>is</strong> <strong>projected</strong> <strong>to</strong> be the second largest segment. Rapid urbaniz<strong>at</strong>ion<br />
along with r<strong>is</strong>ing need for workspaces has led <strong>to</strong> the growth of th<strong>is</strong> segment.<br />
Further key findings from the study suggest:<br />
• Favorable government initi<strong>at</strong>ives for infrastructural development in emerging regions are<br />
said <strong>to</strong> have a positive impact on the demand for floorings systems in building and bridge<br />
construction, there<strong>by</strong> boosting market growth<br />
• Asia Pacific <strong>is</strong> expected <strong>to</strong> be the fastest-growing and largest regional market over the<br />
forecast period expanding <strong>at</strong> a CAGR of 6.9% over the forecast period<br />
• Th<strong>is</strong> growth can be <strong>at</strong>tributed <strong>to</strong> the presence of emerging economies like China and India<br />
with numerous untapped growth opportunities<br />
• U.S. resilient flooring market <strong>is</strong> <strong>projected</strong> <strong>to</strong> expand <strong>at</strong> a CAGR of 3.6% from 2019 <strong>to</strong> <strong>2025</strong><br />
on account of growing construction sec<strong>to</strong>r<br />
• <strong>Resilient</strong> flooring demand in U.K. was 35.1 million square meters in 2018 and <strong>is</strong> <strong>projected</strong><br />
<strong>to</strong> increase in coming years<br />
• Key companies in the market include Tarkett S.A.; Mohawk Group; Armstrong World<br />
Industries, Inc.; and Manning<strong>to</strong>n Mills, Inc.<br />
Browse Full Research Report <strong>at</strong>: https://www.radiantinsights.com/research/resilientflooring-market<br />
Table of Contents:<br />
Chapter 1 Methodology & Scope<br />
1.1 <strong>Market</strong> Segment<strong>at</strong>ion & Scope<br />
1.2 <strong>Market</strong> Definition<br />
1.3 Inform<strong>at</strong>ion Procurement<br />
1.3.1 Secondary Sources & Third-Party Perspectives<br />
1.3.2 Primary Sources<br />
1.4 Inform<strong>at</strong>ion Analys<strong>is</strong><br />
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Chapter 2 Executive Summary<br />
2.1 <strong>Market</strong> Outlook<br />
2.2 Segmental Outlook<br />
2.3 Competitive Insights<br />
Continued…<br />
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