US Flooring Industry Sees Rapid Development, according to New Report by Rockville Research Published at MarketPublishers.com22 May 2017 • by Natalie Aster
LONDON – The flooring industry in the USA is currently demonstrating fast-paced development, alongside seeing a hike in the uptake of resilient flooring like WPC and LVT, over soft flooring. The domestic flooring production is also gathering speed in the marketplace, with massive investments made by local and foreign industry players.
The market growth is being fuelled by an upsurge in new and current home sales in the country, expanding commercial construction activities, worldwide office completion, and increasing infrastructure expenditure, amid others. Meantime, the market is likely to be restrained by factors such as lack of skilled, professional installers, as well as by waste disposal.
Amid the prominent trends in the market one can name a slowdown of the development of the soft flooring segment in the USA, focus on domestic manufacturing in the US, Click-installed LVT Planks, Use of LVT in Commercial Arena, Rising Demand for WPC, and New Generation Products.
Mohawk Industries, Inc., Interface, Inc., Armstrong Flooring, and Tarkett Group are the leading players in the marketplace.
Topical market research study “Global Flooring Industry-Focus on the US Market Outlook 2024” created by Rockville Research offers comprehensive, shrewd insights into the flooring market worldwide, focusing on the USA.
The report presents an in-depth assessment of market, focusing on key sub-markets. It also provides market outlook to 2024 for the total flooring market and also for the sub-segments in question. The research provides global market size (value and volume) and market shares by segment, end-use sector, and region and country. The report analyses and forecasts the US flooring market size (value and volume), and market shares by segment, end-user, and by channel. An all-round trade analysis of the national industry is included. The research publication provides extensive insights into major industry driving forces and limiters, alongside examining their influence on market growth in the years to come. In addition, the report limelights versatile market specific growth opportunities in the country’s flooring market.
More new cutting-edge reports by this publisher can be found in the Rockville Research catalogue at MarketPublishers.com.