Global Wood Flooring Market Size By Product, By Application, By Geographic Scope And Forecast
Wood Flooring Market Size And Forecast
Wood Flooring Market was valued at USD 90.4 Billion in 2019 and is projected to reach USD 113.49 Billion by 2027, growing at a CAGR of 5.7% from 2020 to 2027.
Global Wood Flooring Market Outlook
Owing to increasing disposable income and the rapid pace of urbanization contributing to faster growth of construction and infrastructure activities is catapulting the growth of the Wood flooring market. Wood flooring finds its application mostly in residential areas and nowadays consumer preference is tiling towards customized and decorative as well as ecofriendly, these factors coupled with growth in the construction sector is fuelling the growth of the market. However, the availability of low-cost wood-looking tiles, as well as other substitutes and fluctuating prices of raw material and stringent construction regulations by the government, may hamper the growth of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Wood Flooring Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Wood Flooring Market Competitive Landscape
The Global Wood Flooring Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Armstrong Flooring Inc., Tarkett S.A., Khrs Holding AB, Nature Home Holding Company Limited, Mohawk Industries Inc., Boral, Beaulieu International Group, Mannington Mills Inc., Somerset Hardwood Flooring Inc., Brumark.
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