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The global flooring market has been inundated by new styling trends and technology advancements.
Changing consumer lifestyles, growing demand for insulation and surging demand in the construction
industry are expected to be the key market drivers. New trends, innovations and availability of several
designs have significantly driven flooring market growth. Presently, end-users are resorting to more
cost-effective and eco-friendly materials, which is also expected to favorably impact flooring market
growth.
These eco-friendly flooring materials include reclaimed hardwood, rubber, bamboo, glass, linoleum and
cork. Availability of durable construction solutions that require low maintenance is also expected spur
the demand for flooring solutions. Consumer awareness and their willingness to use the product is
expected to be a major determinant for the success of flooring market. These solutions are often
perceived as expensive and complex in terms of installation, which may pose a challenge to market
growth.
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