Research and Markets: Flooring Market by Type, Materials, Application, & by Region - Trends & Forecasts to 2020 for the $331 Billion Industry

Research and Markets (http://www.researchandmarkets.com/research/2l34tp/flooring_market) has announced the addition of the "Flooring Market by Type, Materials, Application, & by Region - Trends & Forecasts to 2020" report to their offering.

The flooring market is projected to reach $331.78 Billion by 2020, at a CAGR of 4.8% from 2015 to 2020

The Asia-Pacific region accounted for around 40% of the market share in terms of value, followed by Europe and North America with shares of 23% and 20%, respectively, in 2015. In recent years, the Asia-Pacific region has tremendously progressed in this market, which primarily includes emerging economies such as India and China. The main driving forces in the Asia-Pacific region include growth in spending capacity, rising urbanized population, and increase in industrialization. Improved living standards in developing economies would demand improved sanitation and hygiene requirements. Cities in the Asia-Pacific economies would hold 54% of the world's urban population, thereby creating the largest workforce in the world. The emerging economies such as India and China have played a vital role in the rising growth rate of the industry.

Growing urbanization in emerging markets such as China, Brazil, Indonesia, Malaysia, and India are expected to boost the spending for vital infrastructure sectors, such as hospitality, health care, transportation, and retail. Increasing residential applications in emerging markets are also expected to drive the growth of the flooring market.

The Asia-Pacific region held the second-largest share in infrastructure investment in 2015. The Chinese market is projected to grow at a rate of 6.7% annually over the next 5 years and will remain above the global average of 4.1%. Construction spending in the Asia-Pacific region is projected to account for a share of 31% in 2015 and is projected to increase to 46% by 2020. The flooring market has been growing in line with the construction industry. With increasing awareness about wastage and recycling, people are opting for recycled flooring material, which has had an impact on the market for flooring products.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Flooring Market, By Type

8 Flooring Market, By Material

9 Flooring Market, By Application

10 Flooring Market, By Region

11 Competitive Landscape

12 Company Profiles

- Armstrong World Industries, Inc.

- Congoleum Corporation

- FORBO

- Gerflor

- Interface Incorporation

- Mohawk Industries, Inc.

- Polyflor

- Shaw Industries

- The Dixie Group

- Toli Corporation

For more information visit http://www.researchandmarkets.com/research/2l34tp/flooring_market

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