Press Releases
Increasing Disposable Incomes Raises Opportunities for Flooring Market as Consumers Indulge in Renov

Flooring Market - Global Industry Analysis 2017 - 2025 | TMR

New York, USA, 1 August 2017 -- The worldwide flooring market was worth US$247.56 bn in 2016. Researchers expect this market to register a healthy rise at a CAGR of 6.40% over the period from 2017 to 2025 and create an opportunity worth US$429.25 bn by the end of the forecast period.

Transparency Market Research states that the global flooring market is likely to be worth US$429.25 bn by the end of 2025 from US$247.56 bn in 2016. The phenomenal growth of the global market at a CAGR of 6.40% will be attributable to the wide range of products in the market. The global flooring market is witnessing a spike in revenues as growing number of consumers are investing in home improvement and renovation projects. Additionally, ongoing new constructions are also expected to fuel the growth of the global flooring market. The overall market is expected to report excellent profits in the near future as economies across the globe are limping back to normalcy.

What are the key growth drivers for the global flooring market?

The growing disposable incomes, rapid urbanization, and the availability of better quality of products are expected to be the key growth drivers for the global flooring market in the coming years. All of these factors have had a serious impact on the construction industry, raising demand for homes as urban dwellers swell in numbers. Additionally, the unstoppable rate of industrialization has also led to rise in construction activities, thereby adding to the gamut of opportunities for the global flooring market.

Browse Market Research Report @

How will the residential sector lead the global flooring market?

The global flooring market caters to the demand of industrial, residential, and commercial sectors. Of these, the residential sector is anticipated to lead the pack as the demand for new homes as well as revamping the old ones continues to high. Emerging economies of India, China, and Brazil are expected to make generous contributions to upcoming residential projects. On the other hand, developed regions such as North America and Europe will show consistent demand for flooring options for the purpose of remodeling. Analysts also expect that the rapid pace of infrastructural developments will also play an instrumental role in deciding the course of the global flooring market over the forecast period.

Will Asia Pacific continue its dominance in the global flooring market?

Asia Pacific held a share of more than 42% in the global flooring market in 2016. In the coming years, the region is expected to maintain its dominance as the construction industry experiences a spurt of growth in the coming years. The rising disposable incomes, growing number of home buyers, and need to restore older floorings in the developing countries of India and China are expected to keep the Asia Pacific flooring market at the forefront in the global scenario.

Make an Enquiry @

The global flooring market shows a severely fragmented competitive landscape due to presence of several players. Some of the leading players in the global flooring market are Tarkett Group, Shaw Industries Group Inc., Boral Ltd., Armstrong World Industries Inc., and Mohawk Industries Inc. These companies are expected to take up mergers and acquisitions on a war footing for expanding businesses in the coming years.

# # #

Media Contacts:
Contact Us:-

Transparency Market Research

90 State Street, Suite 700, Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453



Visit Blog:

Transparency Market Research has published a new research report titled “Flooring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025” to their report store.

Document Attached Image Attached Download file at:
(Right click and save file to download.)

Submitted by wayne, Transparency market research on Tuesday, 1 August 2017 at 1:27 PM
Category: Architecture & Construction
Related News

Give Your Kitchen the Needed Facelift at Just $1799 with GEC Cabinet Depot
Tuesday, 17 Jul 2018

Advice for you to Apply Free&Safe RS 2007 Gold for OSRS Pickpocketing July 20
Tuesday, 17 Jul 2018

Global Particle Board Market Research Report - Size, Share, Trends And Forecast 2018-2023
Monday, 16 Jul 2018

Global Vinyl Flooring Market Research Report - Share, Size, Trends And Forecast 2018-2023
Monday, 16 Jul 2018

Global Medium-Density Fibreboard Market Outlook: Size, Share, Growth, Trends And Forecast 2018-2023
Friday, 13 Jul 2018

Related Events

Pop Goes the Technosphere at RIBA North
Tuesday, 24 Jul 2018

RIBA Smart Practice Conference
Thursday, 4 Oct 2018

Latest News

Heart Valve Devices Market - Review with Forecast Research Report 2025
Wednesday, 18 Jul 2018

Life Science Instrumentation Market- Analysis, Trends, Forecast, 2022
Wednesday, 18 Jul 2018

Hip Reconstruction Devices Market - Global Market Revenue and Share by Manufacturers 2022
Wednesday, 18 Jul 2018

Medical Electrodes Market Share and Growth Factors Impact Analysis 2022
Wednesday, 18 Jul 2018

Non-vascular Stents Market Growth with Worldwide Industry Analysis to 2025
Wednesday, 18 Jul 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 18 July 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Tumor Models | Boston 2018
  • 14th Public Relations and Communications Summit
  • Palo Alto Networks: Carrera por la Ciberseguridad de Protectia y Palo Alto Networks
  • The Medical Management of HIV or AIDS and Hepatitis
  • 10th Annual Detroit Regional Sports Medicine Symposium, Plymouth 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.