The flooring market Share, Globe Key Updates, Demand, Size and Industry Forecast to 2026.


Posted August 20, 2020 by fortunebusiness

The flooring market will exhibit a CAGR of 4.8% and reach USD 515.71 billion by 2026, and the market value as per 2018 was USD 355.17 billion.
 
The flooring market will exhibit a CAGR of 4.8% and reach USD 515.71 billion by 2026, and the market value as per 2018 was USD 355.17 billion.
Fortune Business Insights™ in its new report, titled “Flooring Market Size, Share & Industry Analysis, By Type (Non-Resilient {Ceramic, Wood, Laminate, and Others}, Resilient {Vinyl, and Others}, Carpets & Rugs, {Tufted, Woven, and Others}), By End-Use (Residential and Non-residential), and Regional Forecast, 2019-2026”.
The flooring market Drivers and Restraints :
Vinyl flooring solutions are becoming increasingly among homeowners as well as commercial occupants, which is fueling this market growth. This rising preference is attributable to host of benefits that vinyl tiles and other flooring options offer. For example, in commercial spaces, vinyl tiling provides a durable and reliable flooring solution as these spaces have heavy foot traffic throughout the day. In case of households, vinyl floors are the ideal solution, since homes have high moisture content and these floors are water- and stain-resistant, giving them a long shelf-life compared to ordinary floorings. Another reason why homeowners prefer vinyl tiles is their affordability.

List of Significant Manufacturers in flooring market are:
• Engineered Floors
• Kajaria Ceramics
• Invista
• LG Hausys
• Balta Industries
• Victoria PLC
• James Halstead
• Congoleum
• Toli Corporation
• Interface
• Forbo
• TARKETT
• Mohawk Industries
• Nora Systems
• Boa-Franc
• Parador
• Swiss Krono
• Mannington Mills
• The Dixie Group
• Flowcrete
• Milliken & Company
• Beaulieu International
• Armstrong Flooring
• Shaw Industries Group, Inc.
To gain more insights into the market with a detailed table of content and figures, Click Here: https://www.fortunebusinessinsights.com/flooring-market-102740
Some of the key industry developments in the flooring market Include:
• November 2019: Shaw Industries, the US-based carpet manufacturer, developed COMFOR3TTM, the company’s new soft flooring solution for places with heavy foot traffic. The covering is made from 60-80% recycled content, can be used multiple times, and is 100% recyclable. The sustainable solution is expected to deepen the company’s foothold in this market.
• September 2019: Belgium-based Beaulieu International Group’s specialized division, Beaulieu Flooring Solutions, launched its novel latex-free carpet called Rewind. The product is made through a highly sustainable process, which involves no water usage and 83% less gas consumption. The purpose behind its launch is to make trade events and shows more eco-friendly.
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Tags flooring market , market growth , market share , market size
Last Updated August 20, 2020