As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Flooring is the material used to cover the basic structure of the floor, thus, providing a level surface for walking. Good flooring materials should be durable, even, and must also ideally be waterproof. Vinyl, rubber flooring and laminates are the leading flooring types in the global market, with vinyl flooring, especially, being preferred due to its low cost and easy installation. Vinyl is emerging as major flooring type in the residential and commercial sectors as they are durable, and versatile along with being impervious to harmful elements like moisture, mould, and mildew. Luxury Vinyl Tiles (LVT) are particularly popular in the market currently, combining the aesthetic appeal and texture of tiles with the durability and cost efficiency of vinyl. They are finding use in the corporate, hospitality and healthcare sectors due to their low maintenance and other durable qualities.
With growing awareness about environmental repercussions of certain materials, there has been a rising demand for sustainable flooring among both the consumers and the manufacturers. Wood flooring, especially reclaimed wood, is a growing trend in the industry. Hardwood floors are seeing rising demand in the North American market due to their lower emissions, and with various manufacturers vowing to replenish and replace the trees cut. Bamboo and cork flooring are also emerging as popular choices although they require more maintenance and care than the other options. Sustainable flooring also helps buildings in attaining higher Leadership in Energy and Environmental Design (LEED) points signifying the superior quality of a building as a green building.
Asia Pacific, and Middle East and Africa (MEA) are two of the significant markets for the global flooring market, with Asia Pacific leading the market in 2017 owing to the rising commercial and industrial sectors. Deputy Crown Prince Mohammad bin Salman Al Saud’s Vision 2030 plan for Saudi Arabia has given an added impetus to the flooring market in the region due to the growth in the construction and infrastructure industry in the country. In North America, the rising remodelling and renovation activities have added to the growth of the flooring market with people willing to spend more on home improvements.
Market Analysis by Types, Applications and Regions:
Key Findings of the Report:
Key Offerings of the Report:
Mohawk Industries, Inc., Shaw Industries Group, Inc., Tarkett S.A., Armstrong Flooring, Inc., Forbo Flooring, Inc., Gerflor SAS, and Interface, Inc. are the key players in the global flooring market that have been analyzed by EMR. The EMR report provides a detailed insight into the latest developments in the competitive landscape of the global flooring market including plant turnarounds, expansions of capacity, and mergers and acquisitions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.