The flooring market was valued at US$ 412.66 billion in 2021 and is projected to reach US$ 619.83 billion by 2028; it is expected to grow at a CAGR of 6.1% from 2022 to 2028

The floor is an important element in any building. It influences many factors directly and indirectly. Popular flooring options include wood, vinyl, tile, and carpet. Each type has its unique benefits.

Get Sample PDF Here @ https://www.theinsightpartners.com/sample/TIPRE00008781/

There is an increasing demand for refurbishment and renovation in residential and commercial buildings. This is supporting the market growth. Most people use renovation as the ultimate choice for interior design to enhance the appearance of their homes. Various types of flooring offer properties such as easy to clean, resistance to scratches, cost-effective and long-lasting. These benefits lead the customers to use these products during the renovation process. Further, the construction industry is witnessing significant growth due to rapid urbanization, industrialization, and a rise in population. An increase in advanced construction facilities will provide growth opportunities for the market.

There are different types of flooring available in the market, such as resilient flooring, seamless flooring, non-resilient flooring, and soft coverings. The growth in real estate, building, and construction sectors is increasing renovation and refurbishing activities in residential and non-residential segments. This is creating a huge demand for different flooring products.

Based on application, the global flooring market is segmented into residential and non-residential. The residential segment held a larger share of the global flooring market in 2021. Due to rising population and increasing consumer disposable income, there is an increasing demand for flooring products from the residential sector. Additionally, the growing reconstruction and renovation activities in order to enhance the appearance of the building will further fuel the overall demand from the residential sector.

Mohawk Flooring; Shaw Industries Group, Inc.; Tarkett; Armstrong Flooring, Inc.; Forbo International SA; Gerflor; Interface, Inc.; Beaulieu International Group; Toli Corporation; and Milliken are among the major players operating in the global flooring market.

Read Complete Report Here @ https://www.theinsightpartners.com/reports/flooring-market

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:                                                                                                                                                        

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi                                           

E-mail: sales@theinsightpartners.com