Every residential or business building must have flooring. Additionally, flooring is becoming more and more important in other industries like automotive, aerospace, and aviation. Modern trends and new technological advancements are filling the floor covering market. End users have been switching in recent years from traditional flooring options to more affordable and environmentally friendly flooring materials like glass, bamboo, linoleum, polyester, and reclaimed hardwood. It has been noted that the commercial flooring market has been greatly driven globally in the past few years by the installation of new and creative goods in business and residential spaces using stressed out methodologies.
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Greater environmental awareness has increased consumer demand for eco-friendly goods including rubber, oak, and bamboo. The commercial flooring industry has shown significant expansion over the last few years and is anticipated to increase at a significant CAGR from 2016 to 2022.
One of the main growth drivers of the worldwide commercial flooring market in the future is expected to be the revival of the building sector in developed nations, particularly in North America and Europe. However, it is expected that from 2016 to 2022, increased consumer spending on home, office, and hotel interiors would support the expansion of the worldwide commercial flooring industry.
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Some of the key vendors identified across the value chain of the global Commercial Flooring market include James Halstead, Flowcrete, Novalis, NOX Corporation, Toli flooring, China national building material co. ltd., and others. The manufacturers are focusing on development of new and innovative products and displaying of products through online catalogues.
Thus, regular supply of raw materials utilized for manufacturing process is necessary for market players for overall development. Various new players are anticipated to enter into the market and to capture the share in global commercial flooring market.
The report covers exhaustive analysis on:
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- Commercial Flooring Market Segments
- Commercial Flooring Market Dynamics
- Historical Actual Market Size, 2013 – 2015
- Commercial Flooring Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Commercial Flooring Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Commercial Flooring Market Drivers and Restraints
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Regional analysis for Commercial Flooring Market includes:
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- North America
- Latin America
- Europe
- Asia Pacific & Japan
- The Middle East and Africa
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