Flooring Market Size, Share And Major Industry Players Forecast (2020-2028)
The global flooring market size was $342.88 billion in 2020. The market is projected to grow from $359.20 billion in 2021 to $517.74 billion by 2028 at a CAGR of 5.4% during the 2021-2028 period.
This information is presented by Fortune Business Insights™, in its report, titled, “Flooring Market, 2021-2028.”
According to our expert analysts, surging novel construction projects is likely to offer growth prospects for the market growth. Furthermore, the products utilized for flooring application, offer characteristics such as protection against scratches, indents, dampness, as well as can be effortlessly cleaned, which further contribute to the bulging demand.
COVID-19 Impact
Terminated Construction Ventures during Pandemic to Obstruct Market
The pandemic has adversely influenced the construction industry across the globe. The limitations in transportation of resources led to the scarcity of raw materials. Additionally, the lockdown norms and guidelines restrained the suppliers and manufacturers to https://www.fortunebusinessins....ights.com/flooring-m
