Flooring Market Value to Surpass $450 Billion by 2024
Selbyville, Del. -- The global flooring industry is expected to cross $450 billion by 2024, according to a recent report from Global Market Insights, Inc., "Flooring Market 2017 - 2024 Trends and Forecast."
The global flooring market size is poised to witness immense traction over the foreseeable timeline owing to higher spending on private infrastructure across developed countries. Growth in the construction industry in Asia-Pacific (APAC) due to rapid urbanization will boost the product demand, while evolving consumer lifestyles and surging disposable income will create new opportunities for flooring material suppliers.