Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "Canadian Flooring Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The future the Canadian flooring market looks promising with opportunities in the residential and non-residential sectors.
The Canadian flooring market is expected to reach an estimated $2.3 billion by 2030 with a CAGR of 4.4% from 2024 to 2030. The major drivers for this market are increasing residential construction and growth in renovation and remodeling activities.
Emerging trends, which have a direct impact on the dynamics of the market, include the increasing adoption of loose-lay flooring, and introduction of waterproofing vinyl flooring.
Features of the flooring market report:
- Market Size Estimates: Canadian flooring market size estimation in terms of value ($M).
- Trend and Forecast Analysis: Market trends (2018-20233) and forecast (2024-2030) by various segments.
- Segmentation Analysis: Canadian flooring market size by various segments, such as type and end use.
- Growth Opportunities: Analysis on growth opportunities in different type and end use for Canadian flooring market.
- Strategic Analysis: This includes M&A and competitive landscape for the Canadian flooring.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
The study includes a trend and forecast for the flooring market by flooring type and end-use, as follows:
Flooring Market by Type [Value ($ Million) and Volume (Million Square Feet) from 2018 to 2030]:
- Carpet and Rugs
- Resilient Flooring
- Vinyl
- Others
- Non-Resilient Flooring
- Wood and Laminates
- Ceramic Tiles
- Others
Flooring Market by End Use [Value ($ Million) from 2018 to 2030]:
- Residential
- Non Residential
- Healthcare
- Education
- Hospitality
- Retail
- Office
- Others
Flooring Market Insights
- Resilient flooring is expected to witness the highest growth over the forecast period due to its minimal maintenance requirements and high durability.
- Within the Canadian flooring market, residential will remain the largest end use market over the forecast period due to growth in single and multi-family buildings.
Some of the flooring companies profiled in this report includes:
- Shaw Industries
- Armstrong Flooring
- Mannington Mills, Inc.
- Kraus Flooring
- Breeze Wood Floors
- Ottawa Flooring Center
- Opus Floors Canada
For more information about this report visit https://www.researchandmarkets.com/r/sz10ki
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
