Flooring Industry Overview

The well established construction industry in u s.

Flooring industry overview.

It presents historical demand production and net exports data 2007 2012 and 2017 and demand forecasts 2022 and 2027 by product nonresilient flooring resilient flooring carpets and rugs market residential buildings nonresidential buildings transportation. Press release hard wood flooring industry 2020 by market overview opportunities driving force market risks and forecast to 2026 published. This freedonia industry study analyzes the global flooring industry. This ranges from macro overview of the market to micro details of the industry.

A key factor driving the growth of the market is the rapid rise in the construction sector. The future of the vinyl flooring market in the united states looks promising with opportunities in residential and non residential applications. The industry is further accelerated by the several advantages that vinyl flooring offers such as cost effectiveness easy installation and maintenance and moisture resistance. 5 2020 at 4 59 a m.

The growth of construction in emerging markets especially in south east asia has been significant. The growth in the region can be attributed to the growing construction industry supportive government policies plans and rapid urbanization. Commercial flooring market revenue by application 2016 healthcare is projected to foresee volume growth at a cagr of 6 4 from 2017 to 2025. Flooring installers in the us industry outlook 2020 2025 poll average industry growth 2020 2025.

The chapter also covers current market conditions in the new construction and renovation residential segments. Global flooring industry overview. The asia pacific market for flooring is projected to grow at the highest cagr from 2018 to 2027. Chapter three provides a high level overview of the residential flooring industry including historical current and future industry perspectives as well as a look at current and anticipated manufacturing issues and trends.

Global industry trends share size growth opportunity and forecast 2019 2024. Flooring materials are required in various floor spaces in the healthcare industry that includes corridors medical hallways operation theaters clinics and diagnostic centers. In north america the demand for resilient flooring stood at usd 63 4 billion and is anticipated to accelerate at a cagr of 5 6 over the forecast period. The increase in residential and commercial construction activities are driving the growth of the flooring market.