Lucintel Blog: Resilient flooring is expected to remain the largest segment in the global Canadian flooring market

Wednesday, March 1, 2023

Resilient flooring is expected to remain the largest segment in the global Canadian flooring market

An exciting new study from the team of Lucintel found that Canadian flooring market is expected to reach $5.2billion by 2028 with a CAGR of 4.9%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/canadian-flooring-market.aspx.

The Canadian flooring market is segmented based on flooring type and end use. In this market, resilient flooring is expected to remain the largest flooring type, and residential segment is expected to remain the largest end use.

Increasing adoption of loose-lay flooring, introduction of waterproofing vinyl flooring, and increasing adoption of loose-lay flooring are emerging trends having impact on dynamics of the industry.

Shaw industries, Armstrong Flooring, Mannington Mills, Inc., Kraus Flooring, Breeze Wood Floors, Ottawa Flooring Center, and Opus Floors Canada are some of the major players profiled in this 103 page report.

Request Sample Pages by clicking on https://www.lucintel.com/canadian-flooring-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the Canadian flooring market by end use (residential and non-residential (healthcare, education, hospitality, retail, office, and others)), flooring type (carpets and rugs, resilient flooring (vinyl and others), and non-resilient (wood and laminates, ceramic tiles, and others))?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the Canadian flooring market?

Q.4 What are some changing demands of customers in the Canadian flooring market?

Q.5 What are the new developments in the Canadian flooring market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this Canadian flooring area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this Canadian flooring market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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