San Francisco, 19 December 2018, Commercial Flooring Market Analysis By Product (Soft Coverings,
Resilient, Non-resilient, Seamless, Wood & Laminates), By Application, By
Region, And Segment Forecasts, 2018 – 2025
The global commercial flooring market is
expected to reach approximately USD 47.69 billion by 2025, according to a new
report conducted by Grand View Research, Inc. Increasing number of corporate
offices in emerging economies including China, India, and Mexico on account of
regulatory inclination to promote the manufacturing output on a domestic level
is expected to remain a key driving factor over the next eight years.
Furthermore, rising government spending
towards improving education infrastructure through implementation of new
schemes including Padhe Bharat Badhe Bharat and Utkarsh Bangla Scheme is
expected to have a strong impact. These factors are considered to influence the
consumption of construction materials including floor coverings in education
sector and hence boost their market growth.
Education segment is expected to foresee
volume growth at a CAGR of 5.9% from 2017 to 2025. Growing importance of
modular tiles in education spaces for providing moisture resistance and
excellent dust control characteristics is projected to have a positive impact
on industry. In addition, high market visibility of carpets in developing
countries including China and India on account of the presence of large number
soft covering manufacturers on a domestic level is projected to have a positive
impact.
Access Full Research Report On Commercial Flooring Market Analysis:
www.grandviewresearch.com/industry-analysis/commercial-flooring-market
www.grandviewresearch.com/industry-analysis/commercial-flooring-market
Further key findings from the report suggest:
·
The global commercial flooring
market was 4,680.0 million square meters in 2016 and is expected to reach
7,903.4 million square meters by the end of 2025, expanding at a CAGR of 6.0%
from 2017 to 2025.
·
Wood & laminates are
expected to foresee revenue growth at a CAGR of 7.0% from 2017 to 2025.
Engineered wood, alternately called as composite wood consist of a number of
wood products manufactured by binding particles, fibers, veneers, and strands
of wood, which are joined with adhesives to form composite materials. These
products are modeled to supreme design requirements as per the specifications
of end user or client and are tested to meet international and national
standards
·
Asia Pacific is projected to
foresee volume growth at a CAGR of 6.9% from 2017 to 2025. Regulatory support
aimed at promoting investments in manufacturing sectors of China and India is
expected to increase the number of commercial spaces and thus likely to fuel
the demand for floor covering in the near future.
·
Key commercial flooring
manufacturers include Mannington Mills, Tarkett, Flowcrete, James Halstead,
Nora, Milliken Floor Covering, Novalis, Tajima, Tkflor, NOX Corporation, and
Toli flooring. Product innovation through introduction of new designs is
expected to remain a key critical success factors for floor covering vendors.
Browse More Reports Of This Category By Grand View
Research At: www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
Grand View Research has segmented the
global commercial flooring market on the basis of product, application, and
region:
Commercial Flooring Product Outlook (Volume, Million
Square Meters; Revenue, USD Million; 2014 - 2025)
·
Soft Coverings
o Soft covering market by application
o Healthcare
o Education
o Leisure & Hospitality
o Retail
o Commercial Buildings
o Public Buildings
·
Resilient Flooring
o Resilient flooring market by application
o Healthcare
o Education
o Leisure & Hospitality
o Retail
o Commercial Buildings
o Public Buildings
·
Non-resilient Flooring
o Non-resilient flooring market by application
o Healthcare
o Education
o Leisure & Hospitality
o Retail
o Commercial Buildings
o Public Buildings
·
Seamless Flooring
o Seamless flooring market by application
o Healthcare
o Education
o Leisure & Hospitality
o Retail
o Commercial Buildings
o Public Buildings
·
Wood & Laminates
o Wood & laminates flooring market by application
o Healthcare
o Education
o Leisure & Hospitality
o Retail
o Commercial Buildings
o Public Buildings
Commercial Flooring Application Outlook (Volume, Million
Square Meters; Revenue, USD Million; 2014 - 2025)
o Healthcare
o Education
o Leisure & Hospitality
o Retail
o Commercial Buildings
o Public Buildings
Commercial Flooring Regional Outlook (Volume, Million
Square Meters; Revenue, USD Million; 2014 - 2025)
·
North America
o U.S.
o Canada
·
Europe
o Germany
o UK
o France
o Italy
o Spain
o Ireland
o Belgium
o Turkey
·
Asia Pacific
o China
o India
o Hong Kong
o Singapore
o Japan
·
Central & South America
·
Middle East & Africa (MEA)
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/commercial-flooring-market
www.grandviewresearch.com/press-release/commercial-flooring-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
