Global Flooring Market is estimated to be US$ 699.28 billion by 2030 with a CAGR of 6.10% during the

Abhi795407 Apr, 2022Business

Global Flooring Market accounted for US$ 388.43 billion in 2020 and is estimated to be US$ 699.28 billion by 2030 and is anticipated to register a CAGR of 6.1%. The building sector requires a lot of flooring. It is quite important in improving the overall ambience of a residential or commercial landscape. The amount of foot traffic has a big impact on the flooring type you choose. Because of the large volume of human traffic, government offices often require sturdy, long-lasting floors, whereas hospitals would require anti-slippery flooring. Any layer of finish material laid over a floor structure to give permanent covering is referred to as floor covering. Vinyl sheet and tiles, carpets and rugs, laminates, natural stone, wood, ceramic tiles, and rubber are all common flooring materials. Depending on the application, resilient, non-resilient, and soft cover flooring materials are employed. One of the most important end-users of flooring materials is the construction industry.