Lucintel Forecasts Canadian Flooring Market to Reach $5.2Billion by 2028

Category: Business

According to the recent study the Canadian flooring market is projected to reach an estimated $5.2billion by 2028 from $3.9 billion in 2022, at a CAGR of 4.9% from 2022 to 2028. Growth in this market is primarily driven by increasing residential construction and growth in renovation and remodeling activities. Browse 46 figures / charts and 34 tables in this 103 -page report to understand trends, opportunities and forecast in Canadian flooring market by end use (residential and non-residential (healthcare, education, hospitality, retail, office, and others)), flooring type (carpets and rugs, resilient flooring (vinyl and others), and non-resilient (wood and laminates, ceramic tiles, and others)). Download sample report by clicking on below link https://www.lucintel.com/canadian-flooring-market.aspx “Resilient flooring market is expected to remain the largest segment during the forecast period.” Based on flooring type, the Canadian flooring market is segmented into carpets and rugs, resilient flooring (vinyl and others), and non-resilient (wood and laminates, ceramic tiles, and others). Lucintel forecasts that the resilient flooring market is expected to remain the largest segment due to its minimal maintenance requirements and high durability. “Within the Canadian flooring market, the residential segment is expected to remain the largest end use” Based on end use the residential segment is expected to witness the highest growth over the forecast period due to growth in single and multi-family buildings. Download Brochure of this report by clicking on https://www.lucintel.com/canadian-flooring-market.aspx Major players of Canadian flooring market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Shaw industries, Armstrong Flooring, Mannington Mills, Inc., Kraus Flooring, Breeze Wood Floors, Ottawa Flooring Center, and Opus Floors Canada are among the major Canadian flooring providers. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/canadian-flooring-market.aspx or helpdesk@lucintel.com