19 February 2016
Green Building Materials

The global soft covering flooring market size is expected to reach USD 152.45 billion by 2020, growing at a CAGR of approximately 5% from 2014 to 2020. Rising urban population and changing lifestyles is expected to drive growth over the forecast period. Soft coverings comprise carpet tiles, broadloom, and rugs equipped with dust-binding characteristics. They offer comfort along with noise reduction and heat insulation. These flooring solutions form a protective layer for the floors improving the look of office or home décor, rugs and carpet tiles.

Get More Access For This Report @ http://www.grandviewresearch.com/industry-analysis/soft-covering-flooring-market

The revival of global economy has positively impacted the new construction industry in emerging economies, which has eventually led to considerable growth in demand for such floor solutions. Increased spending on capital projects and infrastructure is estimated to keep the industry buoyant over the next six years.
Carpet tiles accounted for a majority of the industry revenue share in 2013, on account of their ease of installation and versatility across both, commercial & residential sectors. Growing popularity of carpets offered in a range of different fiber systems offer consumers a plush carpet experience and provides the vendors a chance to gain better profit margins.

Request for free sample of this Report @ http://www.grandviewresearch.com/industry-analysis/soft-covering-flooring-market/request

North America accounted for marginally under 35% of the overall global volume in 2013, which can be attributed to growing popularity of carpet tiles and rugs in the region. Asia Pacific regional market is projected to outpace both, North America and Europe, over the forecast period. Moreover, increasing new residential construction activities across the globe are expected to drive the demand.
Manufacturers have started developing eco-friendly floor covering solutions customized for residential and commercial applications. Vendors have been relying on such partnership strategies to expand their production capacities or increase the product offerings in order to gain in-roads into the market.
Key companies in the soft covering flooring market include Dixie Group Inc, Bentley Mills Inc, Cargill Inc, Milliken & Company, Mohawk Industries Inc.

Know More Details About Category Of This Report @ http://www.grandviewresearch.com/industry/green-building-materials

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit Grand View Research

Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Blog Site: http://www.mediafound.org/

  • 5k
    Vews
  • 6
    Avg Daily Vews
  • 1 Day
  • 1 Week
  • 1 Month
  • 2 Months
  • 6 Months
  • 1 Year
0 Comments