Dublin, August 3, 2023 /PRNewswire/ — “Resilient flooring market 2023-2032” report added of ResearchAndMarkets.com Recruitment.
The global resilient flooring market is $72.37 billion This comprehensive report provides a detailed analysis of current market dynamics and forecasts future growth trends.
One of the main factors driving the demand for resilient flooring is the increase in commodity consumption of the population due to rapid urbanization. As more manufacturing units and industrial hubs emerge to meet growing consumer demand, the need for resilient flooring as a building material increases.
In addition, the increasing trend of large multifamily housing and gated communities located away from city centers is expected to drive the market growth. In particular, Noble Properties announced the launch of a gated community in Al Shahad City 3. Jordan, as part of an expansion strategy. With housing projects like this all over the world, the demand for resilient flooring is likely to increase.
A surge in the tourism industry in major countries and growing need for medical infrastructure to accommodate medical tourism are also expected to contribute to the market growth. As the number of patients seeking hospitalization and specialty facilities increases, the demand for resilient flooring in infrastructure development is expected to increase.
The challenges faced during the pandemic have forced the building and construction industry to focus on township infrastructure development instead of traditional city-based projects. In addition, the development of medical infrastructure in small townships to ensure access during lockdowns has increased the demand for resilient flooring. With the resumption of trade and commercial activity, the post-pandemic market is expected to see further growth.
Key Highlights of the Resilient Flooring Market Report
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The vinyl sheet and floor tile sector is projected to have the highest CAGR (CAGR) for versatile use in flooring.
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Due to effective advertising campaigns by major manufacturers, the home center sector is expected to hold a large share.
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Asia Pacific It is expected to record the highest growth rate during the study period due to the increase of industrial projects and commercial bases in major countries as well as immigration.
Key players in the global resilient flooring market include Beaulieu International, Mohawk Industries, Shaw Industries, Gerflor, Forbo Flooring Systems, Fatra, Interface, Tarkett, IVC Group, MONDO and others.
Segmentation of Resilient Flooring Market
This report segments the Resilient Flooring market on the basis of product, application, distribution channel and region.
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Product Outlook:
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Application prospects:
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Distribution channel outlook:
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Regional Outlook:
In conclusion, the resilient flooring market is poised for significant growth owing to factors such as increasing consumption, urbanization, and infrastructure development in the residential and commercial sectors. With promising trends and market trends, industry players plan to capitalize on the growing demand for resilient floor coverings across the globe.
cover key topics
1.First of all
2. Executive Summary
3. Research method
4. Insights on the Global Resilient Flooring Market
5. Global Resilient Flooring Market, By Product
6. Global Resilient Flooring Market, By Application
7. Global Resilient Flooring Market, By Distribution Channel
8. Global Resilient Flooring Market, By Geography
9. Competitive environment
10. Company profile
For more information on this report, please visit: https://www.researchandmarkets.com/r/4j1bk5
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