Market Overview

Global Flooring Market 2018-2022 | Industry Analysis and Forecast | Technavio

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The global flooring market is expected to post a CAGR of close to 4%
during the period 2018-2022, according to the latest market research
report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180813005505/en/

Technavio has published a new market research report on the global flooring market from 2018-2022. ( ...

Technavio has published a new market research report on the global flooring market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the rapid growth in the
construction sector. The increase in residential and commercial
construction activities are driving the growth of the flooring market.
The growth of construction in emerging markets, especially in South-East
Asia has been significant.

This market research report on the global
flooring market 2018-2022
also provides an analysis of the most
important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the demand for waterproof flooring
as one of the key emerging trends in the global flooring market:

Global flooring market: Demand for waterproof
flooring

There has been a high demand for waterproof flooring in residential
construction. Therefore, many key vendors are adding waterproof features
to their existing offerings. Vinyl flooring, a sought-after substitute
for traditional wooden flooring, is being incorporated with WPC that
provides high water resistance, stain and dent resistance, and high
cleanability.

"The vendors are offering superior design quality and customizability
for waterproof flooring products. Therefore, this extends their
applications to kitchens, bathrooms, and all spheres of residential
flooring. The trend of waterproof flooring is expected to continue
during the forecast period,"
says a senior analyst at Technavio for
research on construction.

Global flooring market: Segmentation analysis

This market research report segments the global flooring market by
product (non-resilient flooring, soft cover flooring, and resilient
flooring) and geography (APAC, EMEA, and the Americas).

The non-resilient flooring segment held the largest market share in
2017, accounting for nearly 74% of the market. This product segment is
expected to dominate the global market throughout the forecast period.

APAC led the market in 2017 with close to 53% of the market share,
followed by EMEA and the Americas respectively. The APAC region will
post the highest growth during the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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