Resilient Flooring Market size was valued at US$ 41.49 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 7.2% from 2022 to 2029, reaching nearly US$ 72.36 Bn.
Resilient Flooring Market Overview:
The Resilient Flooring Market research provides a comprehensive perspective of the competition, including the market share and company profiles of the top players in the global industry. The scope of the research covers a thorough examination of the Healthcare IoT Market, as well as the causes for variances in the industry's growth in a variety of sectors.
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Global Resilient Flooring Market Dynamics:
During the forecast period, it is expected that increased investments in the construction industry and rising demand for aesthetic building enhancements will drive demand for resilient flooring. As major economies around the world paused and delayed construction projects, the ongoing COVID-19 outburst had a huge impact on supply chains. As a result, both the residential and non-residential sectors have seen a decrease in demand for resilient flooring materials.
Global Resilient Flooring Market Segment:
The market is divided into Luxury Vinyl Tiles, Vinyl Sheet & Floor Tile, Linoleum, Cork, and Rubber based on the product. By 2029, the Luxury Vinyl Tiles segment is anticipated to have the biggest market share. The main factors influencing the products' developing popularity in both residential and commercial flooring applications are their expanding commercial availability and benefits including greater aesthetics, minimal maintenance, and easy installation.
North America, Europe, Asia Pacific, the Middle East & Africa, and South America are the five main geographical regions of the Global Resilient Flooring Market market.
Global Resilient Flooring Market Key players:
• IVC Group
• Mannington Mills, Inc.
• Mohawk Industries
• NOX Corporation
• Shaw Floors
• Milliken & Company
• Amtico International Limited
• Armstrong World Industries, Inc.
• Tarkett S.A.
• Responsive Industries Ltd.
• Interface, INC.
• Lonseal Corporation
• Carpet One Australasia Pty Ltd
• Polyflor Ltd
• Congoleum Corporation
• American Biltrite Inc.
• Alite Floor
• AFI Licensing LLC
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