Advanced Materials Market Research Global Flooring Market Research Report
Hexa Research
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Global Flooring Market Analysis, Size, Share, Growth, Industry
Trends and Forecast Report up to 2024 - Hexa Research
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.
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