TMR_Research_Reports_2017 Flooring Market - Global Industry Analysis 2025 | страница 2

Flooring Market
REPORT DESCRIPTION
Flooring Market (Product - Carpets and Rugs, Wood, Resilient, Tile,
Laminate, and Stone; Application - Residential, Commercial, and
Industrial) - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2017 - 2025
The global flooring market demonstrates a fragmented competitive landscape due to the presence
of a large pool of players, finds a new study by Transparency Market Research (TMR). The leading
companies in this market, such as Mohawk Industries Inc., Shaw Industries Group Inc., Tarkett
Group, Boral Ltd., and Armstrong World Industries Inc., are likely to adopt extensive acquisition
strategies to become vertically integrated, and in turn, increase their market share in the years to
come, states the research study.
According to the research report, the worldwide flooring market was worth US$247.56 bn in 2016.
Researchers expect this market to register a healthy rise at a CAGR of 6.40% over the period from
2017 to 2025 and create an opportunity worth US$429.25 bn by the end of the forecast period.
Currently, the demand for tiles is higher than other products available in this market. Thanks to the
increase in construction activities and the rising emphasis on aesthetics, the scenario is likely to
remain same over the forthcoming years, notes the study.
Browse Market Research Report @
http://www.transparencymarketresearch.com/flooring-market.html
Flooring Products to Witness High Demand in Residential Sector
The commercial, residential, and the industrial sectors have been considered as the key application
areas of flooring components in this research report. The residential sector is reporting a higher
demand for flooring materials and is anticipated to remain doing so over the next few years, thanks to
growing construction of residential homes in countries, such as China, India, and Brazil, and the
increase in re-modelling activities in the U.S. and several parts of Europe.
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Transparency Market Research