Global Wood Flooring Industry

Global Wood Flooring Industry

  • February 2020 •
  • 513 pages •
  • Report ID: 197227 •
  • Format: PDF
Wood Flooring market worldwide is projected to grow by US$15.6 Billion, driven by a compounded growth of 4.5%. Engineered Wood, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$37.6 Billion by the year 2025, Engineered Wood will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 4.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over  US$811.3 Million to the region’s size and clout in the next 5 to 6 years.  Over US$1.5 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Engineered Wood will reach a market size of US$2 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.3% over the next couple of years and add approximately US$4.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • AHF LLC
  • Barlinek SA
  • Beaulieu International Group
  • Boral Limited
  • Brumark Corporation
  • Kahrs Group
  • Mannington Mills, Inc.
  • Mohawk Industries, Inc.
  • Shaw Industries Group, Inc.
  • SWISS KRONO Group
  • Tarkett, Inc.