(EMAILWIRE.COM, November 13, 2018 ) The demand for vinyl flooring has expanded from commercial spaces to residential spaces as it is available with better designs and more realistic looks. Realistic tiles and planks mimicking natural looks are being developed using advanced technology which creates better substitute for the regular traditional wood or stone floorings. For example, Mannington Mills Inc., manufactures and markets a wide range of floor coverings.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL FLOOR COVERINGS MARKET AT $35 BILLION IN 2017
Asia Pacific was the largest geographic region in the market, accounting for more than half of the global market. China was the largest country accounting for one-fifth of the global floor coverings market.
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According to The Business Research Companys Consultant, Nitin Gianchandani, floor covering manufacturers are adopting digital printing technology to cut down on operational expenditures. This technology lowers sampling process time, water consumption and also increase product offerings. It is also considered to be eco-friendly alternative to traditional home furnishings and floor coverings. Some of the companies offering digital printing technologies include Epson, Bordeaux Digital PrintInk and Fratelli Robustelli S.r.l.
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Armstrong World Industries, Inc. was the largest player in the floor coverings manufacturing market, with revenues worth $1.23 billion in 2016.
The floor coverings manufacturing market comprises all firms engaged in producing and wholesale distribution of carpets and other forms of soft and hard surface floor coverings including rugs and sheets. Carpet and rug mills produce woven, tufted, needle-punched carpets and rugs or finishing carpets and rugs. The products include floor mattings, needle punch carpets, art squares, and doormats.
Floor Coverings Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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