Flooring Market Share, Size, Trends and Growth to 2020

The residential sector was significantly affected by the global financial crisis of 2008 caused by the collapse of the housing bubble. The mortgage foreclosure crises were significant contributors to the global recession leading to a crash in house prices. APAC holds the largest market share in the residential sector with investment of $1.39 trillion in 2015 in this sector alone. APAC's share is expected to increase in the forecast period 2016-2020.

The growing tourism has highlighted the need for construction of new hotels. The construction companies and hotel owners have noticed the potential in the market, leading to intense competition amongst them.

Technavio's analysts forecast the global flooring market to grow at a CAGR of 6.37% during the period 2016-2020.

Browse Detail Report With TOC @ http://www.hexareports.com/report/global-flooring-market-2016-2020/details

Covered in this report

The report covers the present scenario and the growth prospects of the global flooring market for the period 2016-2020. To calculate the market size, the volume of sales of new flooring and the revenue generated by it across the globe is considered in the forecast period.

Technavio's report, Global Flooring Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Armstrong

Gerflor

Mannington Mills

Mohawk

Tarkett

Other prominent vendros

Anderson Hardwood Floors

Asian Granito

Fired Earth

Forbo

Interface Global

Karndean

Milliken.

Market driver

Growth of infrastructure sector

For a full, detailed list, view our report

Market challenge

Flooring waste disposal

For a full, detailed list, view our report

Market trend

Increasing demand for recycled flooring materials

For a full,...