Flooring Market- Global Industry Analysis and Forecast 2023

Transparency Market

Research

Flooring Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2023

Published Date

08-July-2015

106 Page Report

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Flooring Market is Expected to Reach US$ 391.38 Bn in 2023 :

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Flooring Market

REPORT DESCRIPTION

Flooring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Transparency Market Research has published a new report titled “Flooring Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global flooring market was

valued at US$ 214.29 Bn in 2014 and is anticipated to reach US$ 391.38 Bn in 2023, expanding at a CAGR of

7.0% between 2015 and 2023. In terms of volume, the market stood at 16,419.2 million square meters in 2014.

Browse the full Flooring (Carpets & Rugs, Tile, Vinyl & Rubber Flooring, Wood Flooring, and Others)

Market for Residential, Commercial, and Other Applications - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 - 2023 report at : http://www.transparencymarketresearch.com/flooringmarket.html

Growth in the construction industry is estimated to drive demand for flooring. Residential is the largest enduser of the flooring market. Strong growth in residential and commercial construction industries is projected to

boost the flooring market. Increase in productivity of the automotive industry and boom in the global

shipbuilding industry are also likely to boost sales of flooring materials. Flooring products are used as floor

coverings in vehicles. Strong growth of the automotive industry is a major factor driving the flooring market.

However, fluctuation in prices of flooring raw materials is expected to hamper market growth. Wood or lumber

is the...