Flooring Market - China and India Have Been the Primary Growth Factors for This Industry in Asia Pacific

Flooring products are among the most important building materials. Flooring is a versatile market with a wide product portfolio. The flooring market is expected to expand significantly due to strong growth of construction and automotive sectors coupled with increase in home improvement and renovation project activities.


Albany, NY -- (SBWIRE) -- 01/07/2016 -- Flooring products are construction materials used to cover the floor area of commercial, residential, and industrial buildings. These are finished products applied on the floor in order to give a walking surface. Different products are used in this industry based on their application such as carpets & rugs, wood, vinyl & rubber, tile, and laminate flooring. These materials are used in residential buildings, commercial buildings, and industrial areas solving specific purpose.

This report provides detailed analysis and forecast of the flooring market on a global and regional level from 2015 to 2023. On the global level, the market has been segmented based on volume (million square meters) and revenue (US$ Mn) from 2015 to 2023. In order to provide an in-depth understanding of the market at the regional level, the demand for flooring materials has been forecast in terms of volume (million square meters) and revenue (US$ Mn) from 2015 to 2023. The report includes drivers and restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various opportunities for market growth at the global and regional level.

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We have included a thorough analysis of the value chain in order to provide detailed understanding of the market. Additionally, the report covers Porter's five forces model, which provides an insight into the intensity of competition in the market. The study also comprises market attractiveness analysis, wherein various end-users are benchmarked based on their market size, growth rate, and general attractiveness.

We conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders for the research report. Primary research represents the bulk of our research efforts coupled with an extensive secondary research. We reviewed key players' annual reports, product portfolio, press releases, and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, Internet sources, trade associations, and statistical data from government websites and associated, authorized agency websites. This proved to be the most successful, effective, and reliable approach for obtaining concise data, capturing industry participants' insights, and recognizing opportunities and growth.

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Inflation is not a part of pricing in this report. This report provides the size of the flooring market for 2014, and forecast for the next eight years (from 2015 to 2023). The global market size of flooring is presented in terms of volume and revenue. Market volume and revenue have been estimated and forecast in million square meters and US$ Mn, respectively. Market numbers are estimated on the basis of various key products and applications of flooring. The market size and forecast of each segment are provided in the context of the global as well as regional markets. The report on flooring covers market data pertaining to the amount of flooring materials used in the construction industry.

The market has been segmented based on various products and applications. Each segment has been analyzed and forecast based on volume (million square meters) and revenue (US$ Mn) from 2015 to 2023. Additionally, the segments have been analyzed and forecast based on current trends at the global and regional level. Geographically, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). Demand has been analyzed and forecast based on the current trends for the period of eight years.

The report includes profiles of leading companies such as Mohawk Industries, Inc., Shaw Industries Group, Inc., Tarkett Group, Mannington Mills, Inc., Armstrong World Industries, Inc., and Boral Limited.

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