Advanced Materials Industry Flooring Market Analysis and Trends, 2024

Your Catalyst To a Lucrative Business
Flooring Market Share, Size, Analysis, Growth, Trends and
Forecasts, 2016 to 2024 | Hexa Research
" The global flooring market is expected to witness
substantial growth over the forecast period on
account of the innovations, construction solutions
and new trends in floor design."
The worldwide flooring market is projected to attain above USD 330 billion in revenue by 2024. Flooring with a
durable nature will attract huge sales for the market over the forecast period (2016-2024). Demand for
insulation will give it a much needed boost. The market is expected to achieve a sales volume of 240 billion
square feet, at a nearly 6% CAGR during the forecast period. It was reported to accumulate a demand of 161
billion sq ft in 2015.
Consumers have moved on from traditional flooring solutions to eco-friendly solutions like glass, cork, bamboo,
linoleum, rubber, and polyester terephthalate (PET) berber. Changing consumer preferences in accordance of
their lifestyle as well as demand for insulation will be the future drivers of the market.
The market is split by products, applications, and regions. Seamless flooring, soft coverings, resilient, and non-
resilient floorings are products of the flooring market. Soft coverings comprising of rugs and carpets are al so
called as textile coverings. This segment had occupied almost half the market, dominating the market with over
35% demand shares in 2015.
Resilient flooring encompasses a mixture of fillers and binders. They are waterproof coverings available in vinyl,
wood, rubber, cork, and linoleum. Non-resilient flooring is available in terrazzo stone, ceramic tile, brick, clay
tile, and concrete tile. These floorings are low maintenance in nature and require only mopping and dusting.
Browse Details of Report @ https://www.hexaresearch.com/research-report/flooring-industry
Follow Us: