Floor Covering Market Share by Manufacturers 2028
Floor Covering Market Growth & Trends The global floor covering market size is expected to reach USD 566.5 billion by 2028, registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Increasing investment in R&D by various players to develop innovative products coupled with increasing demand for floor covering in developed and developing nations are likely to drive the market growth over the forecast period. Furthermore, the spike in infrastructure projects in emerging markets has a beneficial influence on market growth. Floor Covering Market Segmentation Grand View Research has segmented the global floor covering market based on product, distribution channel, and region: Based on the Product Insights, the market is segmented into Carpet and Area Rugs, Wood Flooring and Others. The carpet and area rugs segment dominated the market for floor covering and accounted for the largest revenue share of around 40.0% in...