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Flooring Market: New Construction Projects and Renovation Activates in Equally Swift Growth Paths

According to a research report released by Transparency Market Research, the global flooring market is likely to continue showing a fragmented competitive landscape, primarily owing to the large number of active players in the market. The key companies in this market – Shaw Industries Group Inc., Mohawk Industries Inc., Boral Ltd., Tarkett Group, and Armstrong World Industries Inc. – are showing a high probability of utilizing more aggressive expansion strategies than smaller players to improve their vertical integration. According to the TMR research report, the global flooring market was valued at US$247.56 bn in 2016. The analysts working on the report have predicted it to register a healthy CAGR of 6.40% between 2017 and 2025. The global flooring market is therefore expected to be evaluated at US$429.25 bn by the end of 2025. Currently, tiles are showing a higher demand than other product types the market. Obtain Report Details @  http://www.transparencymarketresear...

Global Flooring Market: Increase in Construction Activities to Boost Market’s Growth, says TMR

The   global flooring market   demonstrates a fragmented competitive landscape due to the presence of a large pool of players, finds a new study by Transparency Market Research (TMR). The leading companies in this market, such as Mohawk Industries Inc., Shaw Industries Group Inc., Tarkett Group, Boral Ltd., and Armstrong World Industries Inc., are likely to adopt extensive acquisition strategies to become vertically integrated, and in turn, increase their market share in the years to come, states the research study.  According to the research report, the worldwide flooring market was worth US$247.56 bn in 2016. Researchers expect this market to register a healthy rise at a CAGR of 6.40% over the period from 2017 to 2025 and create an opportunity worth US$429.25 bn by the end of the forecast period. Currently, the demand for tiles is higher than other products available in this market. Thanks to the increase in construction activities and the rising emphasis on aes...

Flooring Market-New Construction Projects Ensure Expansion of Residential Sector, Future By 2023

Right from classic hardwood to stylish concrete, a number of manufacturers offer a variety of flooring options as per the lifestyle and budget of the consumer. When selecting flooring materials, durability, style, cost, and comfort are the key concerns of buyers.  As the building and construction industry is gaining traction, the demand for flooring materials is likely to intensify over the coming years. Home renovation by the household sector and infrastructural upgrading activities by government bodies are providing considerable opportunities for the expansion of the global market for flooring.  The global market for flooring was valued at US$214.29 bn in 2014. Expanding at a promising CAGR of 7.0% between 2015 and 2023, the market is expected to reach US$391.38 bn by the end of 2023.  Solid Infrastructural Growth in Asia Pacific to Burgeon Demand   Asia Pacific was the leader of the global market for flooring in 2014. As a large number of construction ...

Global Flooring Market: Booming Construction Industry to Ensure Progressive Growth, says TMR

The   global flooring market   is highly concentrated in nature with a few players holding a dominant share in the overall market, states a research report by Transparency Market Research (TMR). The leading players in the market, namely Tarkett Group, Avant Holding GmbH, Gerflor Group, Mohawk Industries Inc., and Armstrong World Industries, are making notable efforts to expand their product portfolio and reach a large number of consumers across the globe. The need for high initial capital investment is one of the key challenges faced by new entrants. In addition, the emergence of cost-effective and eco-friendly substitutes are expected to pose a high threat for the leading players. Nevertheless, the rising number of mergers and the acquisition of small-scale players by prominent players is likely to offer promising opportunities in the coming years. Request for Sample of This Report:  http://bit.ly/2iIwBMK According to the research study by TMR, in 2015, the g...