TMR_Research_Reports_2017 Flooring Market Report Research 2025 | Page 2

Flooring Market
REPORT DESCRIPTION
Flooring Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2017 – 2025
According to a research report released by Transparency Market Research, the
global flooring market is likely to continue showing a fragmented competitive
landscape, primarily owing to the large number of active players in the market.
The key companies in this market – Shaw Industries Group Inc., Mohawk
Industries Inc., Boral Ltd., Tarkett Group, and Armstrong World Industries Inc. –
are showing a high probability of utilizing more aggressive expansion strategies
than smaller players to improve their vertical integration.
According to the TMR research report, the global flooring market was valued at
US$247.56 bn in 2016. The analysts working on the report have predicted it to
register a healthy CAGR of 6.40% between 2017 and 2025. The global flooring
market is therefore expected to be evaluated at US$429.25 bn by the end of
2025. Currently, tiles are showing a higher demand than other product types the
market.
Obtain Report Details @
http://www.transparencymarketresearch.com/flooring-market.html
Residential Sector Demand for Floorings Set to Rise
“With the global flooring market segmented into commercial, industrial, and
residential sectors, there has been a staggering rise in the demand promoted by
the residential sector, especially for tiles. Its demand is expected to remain on an
incremental plane over the coming years, a factor primarily attributed to the
booming construction industry, especially in terms of residential projects,” states
a TMR analyst. Emerging economies such as China, Brazil, and India, are
showing a high rate in construction activities, whereas countries from North
America and Europe are showing an increase in re-modelling activities.
Transparency Market Research
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