Flooring Market By Reports And Data
                     Flooring Market To Reach USD 536.52 
Billion By 2027
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       Market  Summary
The increase in infrastructure expenditure, 
remodelling & renovation activities with rapid 
urbanization and growth in investments in the 
construction industry are driving the demand for the 
market.
Market Size – USD 364.84 Billion in 2019, Market 
Growth – CAGR of 5.3%, Market Trends - High 
Demand from Developing Nations.
            M  a Orkuetr  S Aumpmparroyach
The Flooring Market is forecast to reach USD 536.52 billion by 2027, according to the new report by Reports 
and Data. Rapid urbanization has created a   trend of remodelling and renovation activities, boosting the 
flooring market demand. Along with the increasing investments in the construction industry, the increase in 
infrastructure to keep up with changes in the lifestyle leads to raising the requirements. Product innovation 
and customization are a few parameters that drive the growth of the market and increases demand in public. 
But with the upgraded lifestyle, the importance of health and environment has risen, damping the market’s 
demand.
The volatile cost of the raw material represents a near headache. With another recession looming and 
growing global trade war, the fluctuating pricing of the raw material has become a challenge for the market, 
making the manufacturing and supply unpredictable. This not only hinders the manufacturers but the whole 
market due to the rise in the final product pricing.
Key participants include Mohawk Industries, Inc., Tarkett S.A., AFI Licencing, Burke Flooring Products 
Inc., Forbo Flooring, Shaw Industries, Inc., Interface Inc., Gerflor, Polyflor, Mannington Mills, Inc.
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       M   a r kOeut  Sru Ampmparyoach
Product Outlook (Revenue, USD Billion; 2017-2027)
Soft Covering Flooring
Resilient Flooring
Non-Resilient Flooring
Seamless Flooring
Application Outlook (Revenue, USD Billion; 2017-2027)
Residential
Commercial
Industrial
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Retail Distribution Channel
Wholesale and Distributor Business Trend
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       M   a r kOeut  Sru Ampmparyoach
Further Key Findings from the Report Suggests:
• The Government in the developing nations has encouraged and invested in infrastructural growth and 
innovative constructions of I.T. Parks, SEZs, etc. This has resulted in the upscaling of the commercial 
flooring to 5.5% CAGR and growing more with the focus on urbanization and industrialization.
• Non-Resilient flooring demand has escalated with the improving standard of living and an increasing 
knack for aesthetics. Materials like ceramic tiles, wood, laminate, stone, marble, bamboo, and terrazzo 
have created their place in the market because of their higher durability, reliability, water resistivity, and 
low maintenance.
• Over the years, the demand for Non-Resilient flooring has boomed to 34.3% in 2019 and is expected to 
rise further during the forecast period.
• Asia Pacific region dominates the flooring market with an expenditure of USD 153.43 billion in 2019. The 
countries in this region drive the market with low manufacturing costs and favourable policies. The 
National New-Type Urbanization Plan in China increases the growth of the market.
• Non-Resilient flooring demand seems to be escalating in the following months and is estimated to peak to 
USD 186.17 billion by 2027.
Read More @ https://www.reportsanddata.com/report-detail/flooring-market
   A  b  oOuutr U Aspproach
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