iCrowdNewswire Jan 21, 2021 8:37 PM ET
The global Fiberglass Flooring market is forecast to reach USD 1.17 Billion by 2027, according to a new report by Reports and Data. Innovation in technology and trouble-free installation advances in the floor covering sector are expected to widen industry size over the years. The key drivers of the market are rising demand in the construction industry, as well as shifting customer lifestyles and increasing competition for insulation. The market is driven by growing consumer demand for flooring, and people ‘s increased buying power. Its cost-effectiveness and eco-friendliness are attracting major consumers, increasing overall potential customers.
The report is updated with the changes in the market dynamics and trends owing to the COVID-19 pandemic. The pandemic has affected the global economy by changing the dynamics of the supply chains, inducing financial difficulties, and the increasing volatility of market prices. The report further estimates the overall impact of the pandemic on the Fiberglass Flooring market and offers key insights into the future of the market over the coming years.
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The report further studies the significant trends and demands of the market in each key region of the market and analyzes the strategic steps and initiatives taken by the leading companies of the industry. Some of the major companies operating in the Fiberglass Flooring market and profiled in the report are:
Mannington Mills Inc., Milliken, The Armstrong Flooring Inc., NOX Corporation, Interface Inc., Gerflor, Shaw Industries Inc., Tarkett, TOLI Floor Corporation, and Mohawk Industries among others.
The research study further covers the expansion and scope of the market in the key geographies across the globe. It assesses the scope of the market on a global as well as country-wise level. The market is spread across the key regions that include: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides a comprehensive analysis of the production and consumption patterns, import and export ratio, supply and demand dynamics, key trends and demands, consumer behavior, and presence and operations of prominent players in each region of the market.
The report covers the assessment of the historical data of the market to offer key insights into the current and emerging trends in the business sphere. The report considers 2017-2018 as historical years, 2019 as the base year, and 2021-2027 as forecast years. The report also discusses in detail the mergers and acquisitions, collaborations, joint ventures, product launches, brand promotions, corporate and government deals, and partnerships occurring in the market.
The report further segments the market on the basis of product types and application spectrum offered by the market.
Product Outlook (Revenue, USD Billion; 2017-2027)
- Luxury Vinyl Tiles
- Vinyl Composite Tiles
- Vinyl Sheets
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Retail Distribution Channel
- Wholesale & Distributor Business Trend
Application Outlook (Revenue, USD Billion; 2017-2027)
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Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Fiberglass Flooring Market Segmentation & Impact Analysis
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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the Fiberglass Flooring market and its competitive landscape.
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