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Global Wooden Flooring Market to grow at a CAGR of 6.08% during the period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Wooden Floor Market 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 02/03/2016 -- Report forecast the global wooden flooring market to grow at a CAGR of 6.08% during the period 2016 - 2020.

Wooden flooring includes both solid wooden flooring and engineered wooden flooring. Solid wood is milled from a solid piece of lumber and shaped to add the required grooves to the edges and ends. It is made in thicknesses of 3/4 inches to 5/16 inches. Engineered wood is assembled into panels with three to 10 layers of wood and ranges from a 1/4 inch to 3/4 inches in thickness.

The report covers the present scenario and the growth prospects of the global wooden flooring market for the period 2016-2020. To calculate the market size by revenue, the sales of wooden flooring worldwide is considered. Also the market size is calculated based on square footage.

The market is divided into the following segments based on technology:
- Solid wooden flooring
- Engineered wooden flooring

Global Wooden Flooring Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the market is driven by many growth factors, one of which is the booming construction industry and growth in housing construction. Additionally, hotel renovation projects and rapid urbanization are expected to increase the demand for wooden flooring during the forecast period.

Key players in the Global Wooden Floor Market: Armstrong, Mannington, Mohawk, Pergo and Shaw Industries

Other Prominent Vendors in the market are: Anderson Hardwood Floors, Mullican Flooring, Giorio, Beaulieu International Group, Kährs Group, Kaindl Flooring GmbH, Nature Home Holding Company Limited, Bruce, Greenply Industries, Robina Flooring, and Timberwolf LLC.

Market driver
- Rapid urbanization
- For a full, detailed list, view our report

Market challenge
- Rising raw material prices
- For a full, detailed list, view our report

Market trend
- Increased investment in interior design
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 58 pages "Global Wooden Floor Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-wooden-floor-market-2016-2020

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