Analysis of Flooring market applications and companies PDF-Flooring Market wordpress

Global Flooring Market size to exceed 314.47 billion square feet by 2022: Global Market
Insights Inc.
The Research report , Flooring market size is forecast to exceed USD 400 billion by 2022, at
a growing CAGR of 6.8% from 2015 to 2022, according to a new study base report launched
by Global Market Insights Inc. Factors like rapid development in infrastructure, changing
lifestyles of consumers, and increasing demand for insulation are anticipated to propel demand
growth during the projected time frame. Investment in infrastructure and capital projects is
expected to witness a substantial growth in next few years. Furthermore, durable and innovative
flooring is expected to fuel the market growth by 2022.
Flooring forms vital aspect of any residential and commercial structure. Demand for durable,
low maintenance, affordable yet visually appealing products has led to innovation in the
industry for products that will provide comfort and are value for money.
Soft coverings product segment is likely to hit USD 150 billion at a growing CAGR of 6%
during the expected time frame owing to multiple benefits offered including noise-reducing
effect, dust-binding characteristics, superior insulation, pleasing aesthetics, etc. Resilient
flooring market is expected to be the fastest growing product segment from 2015-2022, at a
growing CAGR of 7.5% by 2022.
The report features:
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Overview of the industry, including definitions and classification
A comprehensive assessment of the market
Facts, thoughtful insights, industry validated and statistically-supported market data
Market segmentation on the basis of product, application, geography and competitive
market share
Market forecasts and estimates for the predicted time frame
In-depth analysis with market trends, key participants, company profiles, business
strategies
Identifies aspects such as drivers, impediments, opportunities and challenges that will
impact the market
Key regions covered:
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Asia pacific market size is expected to be the top region and hit 180 billion by 2022.
The Chinese commercial and residential construction sector is expected to witness the
growth. North America market is expected to be worth USD 69 billion in next few
years.
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