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...
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