Vinyl Flooring Market Research Report Forecast to 2022
Pune, India, April 19,2018/Free-Press-Release.com/ -- Market research future published a raw research report on Global Vinyl flooring that contains the information from 2014 to 2022. Global Vinyl flooring is expected to grow with the CAGR of approximately from 2016 to 2022, and with this it is predictable to cross USD Billion by 2022.
Inexpensive, easy to install, and able to replicate the look of marble, wood and stone, Vinyl Flooring is referred as one of the most popular building materials. It is also known as resilient flooring, and earned its reputation as the venerable flooring system. Asia pacific is dominating the market whereas Europe is likely to be driven by the rising replacement to resilient flooring from hardwood flooring.
The report has analyzed the market based on the two segments: product, and application in the regions of North America, Europe, APAC and rest of the world. On the basis of product it includes Vinyl sheet, luxury vinyl tiles, printed Vinyl, carpets and other. Vinyl sheet has the largest share by value and volume. The share is attributed to the increased demand in residential segment and its long lasting nature. Moreover,
On the basis of application it includes Residential, non-residential. Non-residential segment shows largest market share due to factors such as easy to maintain and fix. The scope of the market has widened over many years owing to the flourishing markets of Asia pacific. The global Vinyl flooring is expected to cross USD Billion at the end of the forecasted period and is expected to grow at CAGR of approximately from 2016 to 2022.
Asia pacific will be the largest market
Rise in the number of building construction activities and increase in commercialization in emerging economies such as China and India have been the primary growth factors for the flooring market in Asia Pacific. Furthermore, demand for flooring was the highest in the region due to infrastructural development in commercial, industrial, and healthcare sectors. The growing demand for flooring for installing in commercial complexes is further expected to the fuel the growth of the vinyl flooring market in the future.
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Ø Mohawk Industries
Ø Gerflor Group
Ø Armstrong Flooring Inc.
Ø Mannington Mills Inc.
Ø Shaw Industries Group Inc.
Ø Tarkett Group
Ø TOLI Floor Corporation
Ø Interface, Inc.
Ø Polyflor Ltd.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global vinyl flooring, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.