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Mar 19, 2024

Global Flooring Market Report 2023: Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts 2021

The "Flooring Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031" report has been added to ResearchAndMarkets.com's offering.

Flooring Market is expected to grow at 5.5% by 2031

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

New trends and innovation in the construction industry is the major factor driving the growth of global flooring market. Several players in the market have offered a wide range of flooring. Therefore, high competition is reported in the flooring industry. Innovation in the flooring designs is highly accepted across the globe in commercial, residential and industrial sectors.

The traditional trends used in the construction industry are now being out of focus as advanced flooring trends have attracted the building and construction industry. Modern flooring designs not only offer attractive look but also with benefits as compared to the traditional floorings. Hence, technological development is playing a major role in promoting the growth of flooring market worldwide.

High demand from the commercial sector is anticipated to fuel high demand for flooring in the market. Another important factor contributing to the demand for flooring from various sectors is the availability of innovative construction solutions which require low maintenance and are highly durable. All these factors have boosted the demand for flooring in the market and the demand is expected to rise in the near future.

Key questions answered in this report

Company Profiles

Market Segmentation

Product

Application

For more information about this report visit https://www.researchandmarkets.com/r/x4rny5

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