Lucintel’s latest market report analyzed that flooring provides attractive opportunities in the residential and non-residential sectors. The flooring market is expected to reach $305.5 billion by 2027 with a CAGR of 5.8%. In this market, non-resilient flooring is the largest segment by type, whereas residential is largest by end use. Increasing demand for loose lay flooring and the introduction of aqua+ technology in laminate flooring provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/flooring-market.aspx Based on type, the flooring market is segmented into Carpets and rugs, resilient flooring, and non-resilient. The non-resilient flooring segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand for ceramic tiles in developing region.
Browse in-depth TOC on “Flooring Market”
52 – Tables
73 – Figures
202 – Pages
The Flooring Market is marked by the presence of several big and small players. Some of the prominent players offering flooring include Mohawk industries, Shaw industries, Tarkett, Beaulieu International, Dixie Group Inc, Forbo Holding, Interface Incorporation, and Armstrong Flooring.
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