The Business Research Company’s Commercial Flooring Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Commercial Flooring Global Market Report 2023 evaluates commercial flooring market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global commercial flooring market size grew from $59.18 billion in 2022 to $63.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial flooring market size is expected to grow to $77 billion in 2027 at a CAGR of 5.1%.
The commercial flooring market segments in the report are:
1) By Product: Soft Covering Flooring, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring, Wood and Laminate
2) By Distribution Channel: Retail, Wholesale and Distributor Business Trend
3) By Application: Healthcare, Education, Hospitality, Retail, Public Buildings, Other Applications
Get More Information On The Commercial Flooring Market Report:
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The table of contents in TBRC’s commercial flooring market report includes:
1. Executive Summary
2. Commercial Flooring Market Characteristics
3. Commercial Flooring Market Trends And Strategies
4. Commercial Flooring Market - Macro Economic Scenario
5. Commercial Flooring Market Size And Growth
.....
26. Africa Commercial Flooring Market
27. Commercial Flooring Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Commercial Flooring Market
29. Commercial Flooring Market Future Outlook and Potential Analysis
30. Appendix
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COVID-19 Impact Analysis on Commercial Flooring Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the commercial flooring market include James Halstead, Flowcrete, Novalis, NOX Corporation, Toli flooring, China national building material co. ltd., others.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Commercial Flooring Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/commercial-flooring-market/download-sampleMarket DynamicsRising building demand, combined with changing consumer lifestyles and rising demand for insulation, is likely to remain the primary market driver.
The increasing availability of new building solutions that are long-lasting and require little maintenance is expected to benefit the industry.
Additionally, stringent VOC laws and rules regarding carpet backing and padding materials are possible barriers to the worldwide commercial flooring market's overall growth.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
The global commercial flooring market is expected to cross USD 47.69 billion by 2025.
Floorings are essential components of any commercial structure that is gaining a wider prominence in applications that include automobiles, aviation, manufacturing, and aerospace.
Technological advances and stylish trends have paved the way for market growth in the past few years along with users’ shift from regular flooring to cost effective yet eco-friendly flooring alternatives, made of bamboo, glass, polyester, and hardwood.In addition, the installation of novel products in residential and commercial domain emphasizing on innovative techniques have driven the commercial flooring industry in the recent years.
The market is also influenced by increase of production in the automobile sector that demands car flooring.
Overall, the commercial flooring market is expected to witness a significant CAGR in the forecast period.Commercial flooring industry is driven by factors such as rise in the number of commercial and business spaces in emerging economies, coupled with rise in manufacturing sector.
In addition, rise in demand from automotive and manufacturing sector and refineries is likely to fuel the market growth in the forecast period.Commercial flooring market is segmented by product, application, and geography.
Safeguard Commercial Flooring is an innovative & experienced company that looks for answers where many others say, “It cannot be done!” Having worked for many & varied companies in the areas of five-star hotels, clubs, fast food chains, cafes, restaurants, large & small food manufacturers.
Performing work in areas where temperatures range from between 0 down to –25 degrees & even doing a specially designed floor for an Elephant.
These are just some of the challenges we love to attempt.
Safeguard Commercial Flooring Pty Ltd established 2003 specialising in resin flooring, doing large 5000m2 to smaller than 5m2, much of our work being repeat business.
Read more about: Commercial Flooring Central Coast
