Market Research Reports

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 ...

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...