Wood Flooring Market was valued at USD 34.25 Billion in 2021, and it is expected to reach USD 55.6 Billion by 2029, exhibiting a CAGR of 6.24% during the forecast period (2022-2029)
Wood Flooring Market Overview
The Wood Flooring Market Research Reports providing qualitative and quantitative insights into key market development determinants, limitations, opportunities, and issues from a global Wood Flooring market. The research is based on forecasts from major organizations as well as market statistics. Sales growth figures at several regional and national market levels, as well as a competitive climate for predicted periods and individual firm valuations, are all included in market research.
Wood Flooring Market Scope
The research looks into demand for Wood Flooring Market predictions, market trends, and micro and macro variables in the detail. In addition, the research includes factors that are propelling the Wood Flooring market growth and impeding the market's growth. The Maximize Market Research report provides a regional analysis of potential investment opportunities for existing and new market entrants.
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Wood Flooring Market Segmentation :
The commercial segment held the dominant position in 2021 and is projected to continue its dominant position during the forecast period. As the construction activities and smart city development projects are increasing in the developing economies, the demand for wood flooring is boosting. The luxury living spaces, hotel homes, hotels, and other hospitality facilities is expected to drive the growth of the wood flooring market. The non-resilient flooring is developing in the country as it delivers a cost-effective substitute to hardwood flooring.
by Product
• Engineered Wood
• Solid Wood
by Type
• Residential
• Commercial
Key Players
• Doma Flooring (Germany)
• Classen (Germany)
• Kahrs Group (Sweden)
• Tarkett (France)
• Gerflor Group (France)
• Formica (UK)
• Beaulieu International Group (Belgium)
• Balterio Laminate Flooring
• Egger (Austria)
• Barlinek SA (Poland)
• Armstrong Flooring, Inc. (US)
• Somerset (US)
• Cali Bamboo, LLC (US)
• Shaw Industries Group, Inc (US)
• K. D. Woods Company, Inc. (US)
• Bruce Flooring (US)
• Mannington Mills, Inc (US)
• Mohawk Industries (US)
• Brumark (US)
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Regional Analysis
Regional Insights in the report on the Wood Flooring industry on a regional level. The region-wise survey is done in a wide range of high-resolution regional investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market's current and future trends. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Wood Flooring Market Report are:
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Mar 04, 2023