The indoor flooring market was valued at US$ 146.90 billion in 2020 and is expected to grow at a CAGR of 4.9% during the forecast period of 2021 to 2028 to reach US$ 210.66 billion by 2028.
The rapid industrialization and establishment of manufacturing and processing plants in developing economies in APAC is driving the demand for floor coatings, and the pharmaceuticals, food & beverages, and automotive assembly industries are the key demand generators. Multinational corporations in Europe and America are expanding their operations in developing countries of APAC such as China and India. With renowned manufacturers setting up their operational facilities in the countries in this region, the demand for the industrial-grade floor coatings is also increasing. The rise in demand has been encouraging the indoor flooring market platers to introduce advanced and generic products, thereby driving the indoor flooring market.
In industrial settings such as warehouses, airplane hangars, assembly plants, paint shops, body shops, and distribution facilities, concrete floors are subject to wear and tear from exposure to harsh as well as corrosive chemicals and oils; they can also be damaged by scratches and abrasions caused by heavy machines and equipment such as airplanes and forklifts.
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The List of Companies: Forbo International SA, Mats Inc., Tarkett, Armstrong Flooring, Beaulieu International Group, Ecore International, Interface, Toli Corporation, Mohawk Industries, Shaw Industries Group
The latest research report on the “Indoor Flooring Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2028” provides a comprehensive assessment of the Indoor Flooring market for the forecast period from 2020 to 2028, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Indoor Flooring market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Indoor Flooring Market in order to help decision makers with various strategic insights and future outlook. The Indoor Flooring market is expected to witness continued growth during the forecast period from 2020 to 2028.
This is a professional and in-depth study on the current state of the Indoor Flooring Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Indoor Flooring Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on global major leading Indoor Flooring Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
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Reasons to Buy
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global Indoor Flooring market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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