Flooring Market Size To Hit USD 398.27 Billion By 2030
San Francisco, 23 June 2023: The Report Flooring Market Size, Share & Trends Analysis Report By Product (Ceramic Tiles, Porcelain Tiles, Carpet, Vinyl, Wood & Laminate), By Application (Residential, Industrial), By Region, And Segment Forecasts, 2023 - 2030 The global flooring market size is expected to reach USD 398.27 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.2% from 2023 to 2030. This growth can be attributed to rising construction activities like the construction of new hospitals, residential spaces, office spaces, malls, and hotels to cater to the demand of the growing global population. The global flooring industry is growing owing to fast-paced economical and industrial development along with the growing population. In addition, the growing service sector and development of industrial clusters in emerging economies such as India are further expected to bolster...