Flooring Market - Forecast (2021 - 2026)
Flooring Market is forecast to reach $506.8 billion by 2025, after growing at a CAGR of 5.9% during 2020-2025. Due to the rise in renovation and remodeling activities resulting from rapid industrialization and urbanization, the market is projected to witness steady growth in the upcoming years. Rising expenditure in the construction industry, increasing population and raising emphasis on interior decoration are also key factors driving the flooring industry globally. Report Coverage The report: “Flooring Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Flooring Market. Request Sample Key Takeaways Globally, the floor-covering industry's development rates are close to those of other construction industry segments. Increasing focus on performance and sticking to strict deadlines, while at the same time adhering to the plan, are factors that drive the flooring industry trends. The increasing number of DIY projects wo...