Boston, MA -- (SBWIRE) -- 01/28/2016 -- The residential sector was significantly affected by the global financial crisis of 2008 caused by the collapse of the housing bubble. The mortgage foreclosure crises were significant contributors to the global recession leading to a crash in house prices. APAC holds the largest market share in the residential sector with investment of $1.39 trillion in 2015 in this sector alone. APAC's share is expected to increase in the forecast period 2016-2020.

The growing tourism has highlighted the need for construction of new hotels. The construction companies and hotel owners have noticed the potential in the market, leading to intense competition amongst them.

Technavio's analysts forecast the global flooring market to grow at a CAGR of 6.37% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global flooring market for the period 2016-2020. To calculate the market size, the volume of sales of new flooring and the revenue generated by it across the globe is considered in the forecast period.

Get More Details on this Report and a Full Table of Contents at Global Flooring Market 2016-2020

Technavio's report, Global Flooring Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Armstrong
-Gerflor
-Mannington Mills
-Mohawk
-Tarkett

Other prominent vendors

-Anderson Hardwood Floors
-Asian Granito
-Fired Earth
-Forbo
-Interface Global
-Karndean
-Milliken.

Market driver

-Growth of infrastructure sector
-For a full, detailed list, view our report

Market challenge

-Flooring waste disposal
-For a full, detailed list, view our report

Market trend

-Increasing demand for recycled flooring materials
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Armstrong, Gerflor, Mannington Mills, Mohawk, Tarkett, Anderson Hardwood Floors, Asian Granito, Fired Earth, Forbo, Interface Global, Karndean, Milliken.

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