Resilient Flooring Market 2030: The Rise of Luxury Vinyl Tiles
Resilient Flooring Market Growth & Trends The global resilient flooring market size is expected to reach USD 65.29 million by 2030 and is expected to expand at 7.4% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc.. The demand for resilient floorings is predicted to escalate over the forecast period as a result of increased investments in the construction industry and rising demand for aesthetic building enhancements. Furthermore, the growing construction spending in the emerging Middle Eastern and Asia Pacific economies would further bolster the market growth. The technological advancements in the industry have resulted in the production of stable cores along with resilient flooring products having scratch & scuff resistance and noise mitigation properties. In addition, major market players are focused on the development of new products having high aesthetic values and additional properties such as waterproof, indentation resistance, and...