Parquet Market to Grow at 5.5% CAGR by 2030 Driven by Increasing Demand for Luxury Flooring Solutions and Sustainable Building Practices

Susan Howell
IndexBox, Inc.

IndexBox, Inc.

NEW YORK, March 13, 2023 (World NEWSWIRE) — IndexBox, a foremost industry research agency, has unveiled a new report on the world parquet sector. The report, accessible for obtain on the IndexBox web page at , gives a comprehensive assessment of the sector, which includes demo entry to industry facts on the platform.

The report delivers a marketplace forecast till 2030, with a predicted CAGR of 5.5%. The expansion is mostly attributed to the escalating desire for luxurious flooring remedies, growing desire for eco-friendly and sustainable flooring solutions, and expanding urbanization and development routines in establishing international locations.

The report identifies quite a few vital growth motorists for the current market, these kinds of as the availability of unique hues and patterns, a rising amount of constructing assignments, and the acceptance of high quality wood flooring. However, the report also highlights many worries that the market place faces, together with superior set up and maintenance expenses and the availability of more affordable substitutes.

Components influencing need include shifting shopper choices and lifestyles, increasing disposable income, and the popularity of Do-it-yourself house advancement assignments. The report offers an overview of the big consuming industries, which include the household, professional, and industrial sectors, and how they affect the marketplace.

Big Consuming Industries:

  • The household sector is the major conclude-consumer of parquet, accounting for 64% of international usage.

  • The industrial sector is also a important purchaser of parquet, pushed by the expanding level of popularity of wooden flooring in places of work, lodges, and retail shops.

  • The industrial sector is a smaller shopper of parquet, but is predicted to develop because of to the escalating use of parquet in warehouses and factories.

Europe is the major market place for parquet, accounting for 47% of global intake. The Asia Pacific region is envisioned to have major advancement potential clients, driven by the increasing design actions in nations around the world like China and India.

The report also provides a checklist of the five premier suppliers in the worldwide parquet current market, such as Barlinek SA, Boa-Franc Inc., Boral Constrained, Kährs Holding AB, and Tarkett S.A.

Aleksandr Romanenko, CEO of IndexBox, claimed, “Our latest report on the world-wide parquet sector offers valuable insights into the sector, which includes critical expansion drivers, difficulties, and big consuming industries. It is an vital software for corporations wanting to make educated conclusions about their company tactic.”

Keywords and phrases: global parquet current market, current market forecast, growth motorists, problems, consuming industries

Contact: For media inquiries or to purchase the report, make contact with Mekhrona Dzhuraeva, Editor, at [email protected].
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