Market Research Reports

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...

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...