Lucintel's latest market report analyzed that flooring provides attractive opportunities in residential and non-residential sectors. The flooring market is expected to reach $257.2 billion by 2025 with a CAGR of 4.2%. In this market, non-resilient flooring is the largest segment by flooring type, whereas residential is largest by end use. Increasing demand for loose lay flooring and the introduction of aqua+ technology in laminate flooring provides strategic growth path in this market.
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Based on application, the flooring market is segmented into residential,
healthcare, education, hospitality, retail, office. The non-resilient flooring
segment accounted for the largest share of the market in 2020 due to the
increasing demand for ceramic tiles in developing region and resilient flooring
is expected to register the highest CAGR during the forecast period, due to its
minimal maintenance requirements and high durability.
Browse in-depth TOC on “Flooring
Market”
61 – Tables
100 – Figures
185 – Pages
The flooring market is
marked by the presence of several big and small players. Some of the prominent
players offering flooring include Mohawk industries, Shaw industries, Tarkett,
Beaulieu International, Dixie Group Inc., Forbo Holding, Interface
Incorporation, Armstrong Flooring, and Gerflor.
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Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
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consulting, M&A, and due diligence services to executives and
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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