Tuesday, February 18, 2020

Resilient Flooring Market Future Growth and Analysis Report By 2024


19th February 2020 – The Resilient Flooring Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on global and regional level. The study covers the global Resilient Flooring Market presentation regarding revenue contribution from multiple segments and covers a comprehensive analysis of key market trends, drivers, restraints, and opportunities influencing revenue growth of the industry. This research report studies the market size, industry status and forecast, competition landscape and growth opportunities.

Global Resilient Flooring Market size is anticipated to reach USD 9.96 billion by 2024. Resilient flooring is a mixture of natural and synthetic materials that is employed in the replacement for traditional hardwood flooring. The factors that propel the growth of the resilient flooring market include rapid industrialization and urbanization, high demand for resilient flooring in the residential segment, changing consumer lifestyles and trends, and huge number of home improvement and renovation activities.


On the other hand, there are factors that may hamper the growth of the market including high cost of raw material. Resilient flooring industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The key applications that could be explored in the resilient flooring industry include Non-residential and Residential. The “Resilient Flooring” segment led the market of resilient flooring in 2016 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market includes growing spending capacity of consumers and rising demand for single family housing projects.

North America accounted for the major market share of resilient flooring in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing demand from healthcare and retail segments and increased stress on eco-friendly flooring products. North America is followed by Europe and Asia-Pacific owing to increasing number of construction activities in Malaysia, Brazil, India and Thailand and increasing application scope in food & beverage and automotive segments.

Some of the major objectives of this report:
·         To present detailed analysis of the market structure along with forecast of the various segments and sub-segments of global Resilient Flooring Market.
·         To provide insights about factors affecting the market growth. To analyze the Resilient Flooring Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
·         To provide historical and forecast revenue of the Resilient Flooring Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
·         To provide country level analysis of the market for segment by application, product type and sub-segments.
·         Trace and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product evolutions, and research and developments in the Market.
·         To present strategic profiling of key players in the market, comprehensively analyzing their basic capabilities.

Some of the Major Market Players Are:
Shaw Industries Group, Inc, Mohawk Industries, Inc, Tarkett Group, Boral Limited, Toil Corporation, The Dixie Group, FORBO, Cong oleum Corporation, and Interface, Inc.

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