The Global Flooring market accounted for £246 billion in 2014 and it is projected to reach £367.82 Billion by 2022, growing at a CAGR of 5.16% from 2014 to 2022. Rapid focus on break-through flooring that is long-lasting in nature is expected to drive market growth.
Augmented insulation demand is also expected to give thrust to the market. Changing customer lifestyles, growing demand for insulation and surging demand in the construction industry are the major drivers.
New trends, innovations and availability of several designs have considerably driven flooring market growth. Presently, consumers are resorting to more cost-effective and eco-friendly materials, which is also expected to positively impact flooring market growth. Accessibility of durable construction solutions that require low maintenance is to spur the demand for flooring solutions. Customer knowledge and their readiness to use the product are likely to fuel the market growth. With online competition at an all-time high, it is vital that companies solidify their positions within the search engines to ensure a profitable year ahead.
Your latest industry insights produced by Inside Online a leading SEO Company
Includes competitive insight into:
You can request a free no-obligation copy of any report and we'll email it straight to you. If you have a specific industry which we have not covered, please let us know.
We hate people who spam or sell your email address. It's safe with us. ICO Registration: ZA094207