[FURL=https://www.industryarc.com/Research/Non-Resilient-Flooring-Market-Research-503535?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Non-resilient flooring market [/FURL] size is forecast to reach $230 billion by 2026, after growing at a CAGR of 4.1% during 2021-2026. Non-resilient flooring is a hard surface flooring such as ceramic tiles, porcelain tile natural stone, marble and others. They are much easier and cheaper to maintain as these floors are glued down to the concrete, thus it is preferred over others, which led to the increase in demand for non-resilient flooring. However, with the rising investment and projects especially towards housing, in the building and construction, the non-resilient flooring industry is witnessing an increase in demand. Growing public interest and government initiatives towards buying new houses will further enhance the overall market demand for non-resilient flooring during the forecast period. COVID-19 Impact
The worldwide crisis of COVID-19 has declined the construction industry as many of the ongoing infrastructure projects are either postponed or cancelled which has led to millions and billions of losses. According to the American Road & Transportation Builders Association (ARTBA) infrastructure projects totalling more than $9.6 billion have been either delayed or cancelled in the midst of the COVID-19 pandemic. So, owing to this the non-resilient flooring market has declined.
Key Takeaways
Asia-Pacific dominates the non-resilient flooring market owing to increasing demand from construction sector.
Non- Resilient floors are low maintenance when it comes to cleaning and maintaining the floor, this is likely to aid in the market growth of Non-resilient flooring.
Implementation of government schemes & policies related to building and construction will increase the market demand for non-resilient flooring in the near future.
As resilient floors are cheaper than non-resilient floors. So, this will create hurdles for the non-resilient flooring market.
Request for Sample of the Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=503535[/FURL]
Non-Resilient Flooring Market Drivers
Growing Demand for Green Building
Growing governments initiatives towards green building will increase the demand for flooring and this will eventually led to the increase in market growth of non-resilient flooring.
Governments Initiatives Regarding Construction/ Infrastructure
In order to develop nations, governments globally are focusing on boosting their infrastructure.
Non-resilient flooring Market are Shaw Industries Group, Dal-Tile, Mohawk Industries, Mannington Mills, Kajaria Ceramics, China Ceramics, RAK Ceramics, Crossville, Ceramica Saloni, and Porcelanosa Group
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.