The Flooring Contractors Global Market Report 2023, provides comprehensive information on the flooring contractors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global flooring contractors market size is expected to grow from $185.05 billion in 2022 to $203.84 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. 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 global flooring contractors market size is expected to reach $287.57 billion in 2027 at a CAGR of 9.0%.
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The introduction of aqua+ technology in laminate flooring is a key trend gaining popularity in the flooring contractor market. Major market players are concentrating their efforts on introducing innovative technologies to strengthen their position in the market. Aqua+ is more resistant to water swelling because its core is comprised of a specific type of high-density fiberboard. Laminate flooring made with Aqua+ is much more water-resistant and suited for new applications and compared to traditional laminate flooring, the moisture resistance of is increased by five times. For instance, in January 2021, EGGER, an Austria-based supplier of furniture and interior design, structural wood construction, and flooring, launched PRO Laminate Aqua+, which is more resistant to water swelling than standard laminate flooring. The PRO Laminate Aqua+ floorings are perfect for bathrooms, kitchens, hallways, and commercial use with frequent cleaning and steam cleaners.
The flooring contractors market is segmented:
1) By Type: Carpet and Rug, Resilient Flooring, Non-Resilient Flooring
2) By Construction Type: New Construction, Renovation
3) By End Use: Residential, Non Residential
Asia-Pacific was the largest region in the flooring contractors market in 2022.
The table of contents in TBRC’s flooring contractors market report includes:
1. Executive Summary
2. Flooring Contractors Market Characteristics
3. Flooring Contractors Market Trends And Strategies
4. Flooring Contractors Market – Macro Economic Scenario
5. Flooring Contractors Market Size And Growth
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26. Africa Flooring Contractors Market
27. Flooring Contractors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flooring Contractors Market
29. Flooring Contractors Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Mohawk Industries Inc
- Shaw Industries Group Inc
- Empire Today
- Beaulieu International Group
- Mannington Mills Inc
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