Precision Business Insights has published a report on the global wooden floor market, estimating its value at USD 53.1 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.9% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/wooden-floor-market
The wooden floor industry includes all forms of wood-based flooring options, such as solid wood, engineered wood, and laminated wood. These items are commonly utilized in residential homes, business structures, and sports facilities due to their natural appearance, extended lifespan, and capacity to improve indoor surroundings.
Drivers:
Rising urbanization and infrastructure projects in Asia-Pacific, the Middle East, and Africa are increasing demand for durable flooring solutions.
The expansion of indoor sports facilities and commercial complexes requires durable, shock-resistant flooring, boosting demand.
The global wooden floor market segmentation:
1) By Product: Solid Wood, Engineered Wood
2) By Distribution Channel: Home Centers, Flagship Stores, Specialty Stores, Online, Other Distribution Channels
3) By End User: Residential, Commercial
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Regional Overview:
The report also examines the current concerns and their Future Effects on the wooden floor market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the wooden floor market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Armstrong Flooring Inc, Mannington Mills Inc, Mohawk Industries, Pergo, Shaw Industries Group Inc, Q.E.P. Co. Inc, Wickes Ltd, Home Legend LLC, Somerset Hardwood Flooring, Provenza Floors Inc, A. Share & Sons Limited
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