Flooring Market
Chemicals and Materials

Flooring Market is expected to grow at a CAGR of 6.1% from 2022 to 2028.

The floor is an important element in any building. It influences many factors directly and indirectly. Popular flooring options include wood, vinyl, tile, and carpet. Each type has its unique benefits.

INCREASING CONSUMERS INVESTMENTS IN RENOVATION AND REFURBISHING ACTIVITIES TO INFLUENCE THE MARKET GLOBALLY

There is an increasing demand for refurbishment and renovation in residential and commercial buildings. This is supporting the market growth. Most people use renovation as the ultimate choice for interior design to enhance the appearance of their homes. Various types of flooring offer properties such as easy to clean, resistance to scratches, cost-effective and long-lasting. These benefits lead the customers to use these products during the renovation process. Further, the construction industry is witnessing significant growth due to rapid urbanization, industrialization, and a rise in population. An increase in advanced construction facilities will provide growth opportunities for the market.

Mohawk Flooring; Shaw Industries Group, Inc.; Tarkett; Armstrong Flooring, Inc.; Forbo International SA; Gerflor; Interface, Inc.; Beaulieu International Group; Toli Corporation; and Milliken are among the major players operating in the global flooring market.