![]() ![]() Such strategic initiatives have expected to provide substantial growth potential to the flooring manufacturers over the forecast period.įlooring Market Report Scope, Segmentations, Regional & Country Scope: Report Coverage The launch was aimed to expand its product portfolio and meet the growing consumer demand for a variety of products. announced the launch of Biome, Terra and Coalesce Luxury Flooring. For instance, in May 2021, Armstrong Flooring, Inc. ![]() Companies in this market focus on strategies such as investments in research and development activities and new product launches. Beaulieu International Group Toli Corporation and Milliken are among the major players operating in the global flooring market. Forbo International Sa Gerflor Interface, Inc. Mohawk Flooring Shaw Industries Group, Inc Tarkett Armstrong Flooring, Inc. The flooring market growth is attributed to the increasing investments by consumers in renovation and construction using modern materials. 18, 2023 (GLOBE NEWSWIRE) - According to our new research study on “ Flooring Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Material, Application, and Geography,” the flooring market size is projected to grow from US$ 412.66 billion in 2021 to US$ 619.83 billion by 2028 the market expected to record a CAGR of 6.1% from 2022 to 2028.
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