Product ID: UCMIG15G2017
Resilient Flooring Market Size, Share, Growth Analysis, By Product(Luxury Vinyl Tiles, Vinyl Sheet & Floor Tile), By Application(Residential, Non-residential), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG15G2017 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Resilient Flooring Market Insights
Market Overview:
The global market for resilient flooring was valued at USD 38.39 million in 2022 and is projected to grow at a CAGR of 6.9% during the forecast period. The increasing demand for resilient flooring is due to its various benefits such as resistance to impact and scratches, waterproofing, odor-proofing, and durability, which make it a preferable choice over other flooring options. Moreover, the growth of modern workspaces and offices, as well as rapid urbanization, are expected to further drive the market for resilient flooring.
Resilient Flooring Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Resilient Flooring Market Report Snapshots
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