Global flooring market by 2020

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Flooring Market Analysis And Segment Forecasts To 2020

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Flooring Market Analysis And Segment Forecasts To 2020 The global flooring market is expected to reach USD 326.38 billion by 2020. Growing focus on innovative flooring that is durable in nature is expected to drive market growth through the forecast period. Increased insulation demand is also expected to give impetus to the market over the next six years. The market is characterized by changing customer preferences, with considerable rise in home improvement and renovation projects. Development of hassle-free installation techniques and coupled with growing demand for environmentally sustainable products is also expected to contribute to industry growth. Environmental and health-related concerns regarding various flooring solutions may pose a challenge to industry participants. Browse the report: http://www.orbisresearch.com/reports/index/flooring-market-analysis-byproduct-soft-coverings-resilient-flooring-non-resilient-flooring-seamless-flooring-by-applicationresidential-commercial-industrial-and-segment-forecasts-to-2020 Global flooring market demand was estimated at 161.19 billion square feet in 2013, and is expected to reach 240.10 billion square feet by 2020, growing at a CAGR of 5.9% from 2014 to 2020. Soft coverings dominated flooring demand and accounted for over 35% of the overall market volume in 2013.

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Flooring Market Analysis And Segment Forecasts To 2020 Asia Pacific accounted for over 45% of the global demand in 2013, and is expected to continue dominating the market over the next six years. This can be attributed to increased demand for residential and non-residential building spaces due to population growth and urbanization. Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/60492 Key industry participants include Shaw Industries, Mohawk Industries, Interface, Inc., Mannington Mills, Armstrong, etc. Developing a vertically integrated infrastructure is expected to be a critical success factor for gaining market share. As a result, mergers and acquisitions, coupled with meeting consumer preferences through product differentiation have been among the key strategies adopted.

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Flooring Market Analysis And Segment Forecasts To 2020 About Us: Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors accross the globe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

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