Flooring Industry Overview

This ranges from macro overview of the market to micro details of the industry.

Flooring industry overview.

A key factor driving the growth of the market is the rapid rise in the construction sector. The growth of construction in emerging markets especially in south east asia has been significant. Press release hard wood flooring industry 2020 by market overview opportunities driving force market risks and forecast to 2026 published. The chapter also covers current market conditions in the new construction and renovation residential segments.

5 2020 at 4 59 a m. Asia pacific is projected to be the fastest growing market for flooring during the forecast period. Flooring materials are required in various floor spaces in the healthcare industry that includes corridors medical hallways operation theaters clinics and diagnostic centers. The growth in the region can be attributed to the growing construction industry supportive government policies plans and rapid urbanization.

X x lock purchase this report or a membership to unlock the average company profit margin for this industry. Commercial flooring market revenue by application 2016 healthcare is projected to foresee volume growth at a cagr of 6 4 from 2017 to 2025. It presents historical demand production and net exports data 2007 2012 and 2017 and demand forecasts 2022 and 2027 by product nonresilient flooring resilient flooring carpets and rugs market residential buildings nonresidential buildings transportation. Global flooring industry overview.

The well established construction industry in u s. The asia pacific market for flooring is projected to grow at the highest cagr from 2018 to 2027. Flooring installers in the us industry outlook 2020 2025 poll average industry growth 2020 2025. And canada coupled with rising demand for single family houses is likely to provide growth opportunities for the market.

In north america the demand for resilient flooring stood at usd 63 4 billion and is anticipated to accelerate at a cagr of 5 6 over the forecast period. This freedonia industry study analyzes the global flooring industry. Chapter three provides a high level overview of the residential flooring industry including historical current and future industry perspectives as well as a look at current and anticipated manufacturing issues and trends. The increase in residential and commercial construction activities are driving the growth of the flooring market.