2019 Wood Flooring Study | Global Market Growth, Trends and Forecasts 2019-2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 23, 2019--
The “Global Wood Flooring Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.
The wood flooring market is expected to register a growth rate of 5.8% during the forecast period.
Major Market Trends
Largest Engineered Wood Segment
Engineered wood demand is expected to remain high during the forecast period, as it is an apt alternative to concrete and hardwood. Engineered wood products are widely used by architects, builders, code officials, and building designers aware of energy-efficient framing practices that conserve energy, speed-up construction, cut labor cost, and reduce waste.
Asia-Pacific is Anticipated to Grow at the Highest Rate
Asia-Pacific ranks as the fastest growing market with a significant growth rate over the forecast period, led by rapid urbanization and resulting housing and real estate development; preference for tropical wood flooring in rich, beautiful and luxurious designs; launch of affordable engineered wood flooring solutions; and expanding middle class and their changing attitude towards flooring decors. The region is famous for tropical wood growing in rainforests and moist broadleaf forests such as Mahogany, Teak, Ebony, Rosewood, and Narra.
The report covers major international players operating in the wood flooring market. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
Key Topics Covered
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.5 Trends in the Wood Flooring Market
4.6 Value Chain Analysis of the Wood Flooring Market
4.7 Porter’s Five Forces Analysis
4.8 E-commerce Impact on the Market
4.9 Technological Innovations
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Solid Wood
5.1.2 Engineered Wood
5.2 By End-user
5.3.1 North America
5.3.2 South America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Armstrong Flooring Inc.
6.1.2 Beaulieu International Group
6.1.3 Barlinek S.A.
6.1.4 Boral Limited
6.1.5 Brumark Corporation
6.1.6 Kahrs Holding AB
6.1.7 Mannington Mills Inc.
6.1.8 Mohawk Industries Inc.
6.1.9 Nature Home Holding Company Limited
6.1.10 Tarkett S.A.
7 INVESTMENT ANALYSIS ON THE GLOBAL WOOD FLOORING MARKET
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/rkvqqj
View source version on businesswire.com:https://www.businesswire.com/news/home/20191023005420/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: FOREST PRODUCTS NATURAL RESOURCES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 10/23/2019 07:48 AM/DISC: 10/23/2019 07:48 AM