Commercial Flooring Market Share, Key Trends, Vendor Strategies, Application Analysis, Regional Outlook & Forecasts to 2022

Hexa Reports

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Commercial Flooring Market Share, Key Trends, Vendor

Strategies, Application Analysis, Regional Outlook &

Forecasts to 2022

The global commercial flooring market is expected to reach USD 166.63 billion by 2020. Technological

advancements have led to the development of new innovative products and hassle-free installation

techniques, which has considerably widened the scope across residential, commercial and industrial

flooring applications.

Increasing demand in the construction industry is expected to be the key driving force for the market

over the next six years. Development and use of eco-friendly flooring materials such as Polyester (P.E.T)

Berber, linoleum, cork, reclaimed hardwood, bamboo, glass, and rubber is expected to positively impact

the commercial flooring market.

Browse Detail Report With TOC @ http://www.hexareports.com/report/commercial-flooring-marketanalysis-by-product-soft-coverings-resilient-flooring-non-resilient-flooring-seamless-flooring-woodamp-laminates-by-application-healthcare-education-leisure-amp-hospitality-retail-commercialoffices-public-buildings-and-segment-forecasts-to-2020

Raw material costs have had a significant impact on the commercial flooring industry. Along with the

issue of transportation cost, manufacturers have to deal with increasing fossil fuels prices as a result of

which their margins have shrunk to a large extent. Carpet and resilient flooring are largely derived from

fossil fuels. However, the price rise of fossil fuels has considerably driven technological developments to

enhance efficiency.

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Further key findings from the study suggest:

The resilient category is poised for high growth over the next six years. Vinyl sheets goods are

predominantly used in education and healthcare, with the latter accounting for substantial quantity

usage of homogeneous sheet in clinical settings....