The market for flooring is approximated to be USD 331.9 billion in 2023, and it is projected to reach USD 510.7 billion by 2028, at a CAGR of 9.0%.

CHICAGO, ILLINOIS, UNITED STATES, July 18, 2023/EINPresswire.com/ -- The Flooring Market is approximated to be USD 331.9 billion in 2023, and it is projected to reach USD 510.7 billion by 2028, at a CAGR of 9.0%. Flooring is a construction material applied over a floor structure to provide a walking surface. It provides a level surface and supports static and dynamic loads. Different materials like carpets & rugs, ceramic tiles, wood, laminates, vinyl tiles & sheets, and stones are used as flooring materials in different residential and non-residential buildings. It serves both functional and aesthetic aspects of any space. The flooring adds stability & strength, enhances sound insulation and thermal insulation, and offers fire resistance in some cases. In residential spaces, beauty and elegance are the prime concerns. In the context of commercial spaces, functionalities aspects like high traffic and strength are considered.

Browse in-depth TOC on “Flooring Market”
146 – Tables
36 – Figures
200 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=110789434

The Flooring market can be segmented based on different materials. These include resilient materials (Vinyl, and others), non-resilient materials (ceramic tiles, wood, laminate, stone, and others). Soft floor covering/ carpets & rugs also serve as a good flooring option. Vinyl is resistant to moisture, and this makes it among the best flooring options for kitchens, bathrooms, and laundry rooms where occasional spills are a big concern. Ceramic tile flooring also provides a water resistance, durability, and decorative floor finish. The non-resilient segment led the market for flooring. This can be attributed to its properties like high durability, water-resistance, low maintenance, and reliability.

The Flooring market is divided into different end-use industries, which include residential and non-residential segments. Flooring materials are very useful and widely used in kitchens, bathrooms, dining rooms, living rooms, and bedrooms in residences. Ceramic tiles are the most used non-resilient flooring materials. Ceramic matt tiles are ideal for usage in kitchens and bathrooms due to their non-slippery nature. Flooring can be used in non-residential constructions like institutions, hospitals, malls, gymnasiums, auditoriums, offices, cinema theatres etc. Carpets and rugs are used to enhance the sound insulation of any space. The residential segment dominated the flooring market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=110789434

The Flooring market is studied in five regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Asia Pacific is the largest consumer of flooring products globally. The growth in this region is led by growing developmental activities, rapid urbanization, and a growing population. This region presents a large customer base for construction activities due to increasing urbanization. In Europe, increased constructional and renovation activities are expected to drive the demand for flooring products in this region.

Market Players :
The key players profiled in the Flooring Market report are Mohawk Industries, Inc. (US), Tarkett (France), Forbo (Switzerland), Shaw Industries Group Inc. (Georgia), Interface, Inc. (US), and others.

Related Reports:

Ceramic Tiles Market by Type (Porcelain, Glazed, Unglazed), Application (Floor Tiles, Internal Wall Tiles, External Wall Tiles) End-use Sector (Residential, Non-residential), Finish (Matt, Gloss), Construction Type, and Region - Global Forecast to 2027
https://www.marketsandmarkets.com/Market-Reports/ceramic-tiles-market-228236779.html

Carpets & Rugs Market by Type (Tufted, Woven, Needle-punched, Knotted), Material (Nylon, Polyester, Polypropylene), End-use Sector (Residential, Non-residential, Automotive & Transportation), and Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/carpet-rug-market-62048331.html

About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/flooring-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/flooring.asp

MarketsandMarkets Research Pvt Ltd
MarketsandMarkets™ INC.
+1 888-600-6441
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Instagram
YouTube