Floor Covering Market size is expected to reach USD 566.5 billion by 2028
Floor Covering Industry Overview The global floor covering market size was valued at USD 364.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2028. The market is majorly driven by rising urbanization and the expansion of ultramodern workspaces. Also, the rising demand for wood flooring is expected to be a key trend transforming the global market in terms of growth prospects and market opportunities. Wood flooring has become a key element of floor covering, making it one of the fastest expanding categories in the furniture business. The product demand is projected to be supported by an increase in refurbishment and renovation operations, as well as a rising do-it-yourself trend. Gather more insights about the market drivers, restrains and growth of the Global Floor Covering Market In the flooring business, increasing building expansion is also a major driver. Rising investments in Asian infras...