Industrial Flooring Global Market Report 2022

Industrial Flooring Global Market Report 2022

Report | September 2022 | Region: Global | 175 Pages

The global industrial flooring market is expected to grow from $6.26 billion in 2021 to $6.91 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The industrial flooring market is expected to grow to $9.08 billion in 2026 at a CAGR of 7.1%.

The industrial flooring market consists of sales of industrial flooring materials by entities (organizations, sole traders, and partnerships) that are used to provide durability and resistance to abrasion, heavy traffic, and heavy loads to the surface. Industrial flooring refers to a process that provides the foundation for floor surfaces by permanently covering the floor using various materials. Industrial flooring offers a variety of designs, textures, and colors to the floor.

The main types of industrial flooring are light-duty, medium-duty, and heavy-duty. Light duty flooring is used in all manufacturing units and clean room areas where manpower and trolley movement are generally involved. The different flooring materials include concrete, wood, mortar, and other flooring materials. These are used in food and beverage manufacturing, healthcare, industrial manufacturing, automotive manufacturing, and other applications.

Asia Pacific was the largest region in the industrial flooring market in 2021. The regions covered in the industrial flooring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the industrial flooring market are BASF SE, Cornerstone Flooring, Fosroc Inc, Sika AG, PPG Industries, The Sherwin-Williams Company, Master Builder Solutions Group, Summit Industrial Flooring, Premier Industrial Flooring, Armstrong, and RCR Industrial Flooring.

The industrial flooring market research report is one of a series of new reports that provides industrial flooring market statistics, including industrial flooring industry global market size, regional shares, competitors with an industrial flooring market share, detailed industrial flooring market segments, market trends and opportunities, and any further data you may need to thrive in the industrial flooring industry.

This industrial flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The increasing demand from the food and beverage sectors is expected to propel the growth of the industrial flooring market going forward. The food and beverages sector involves the processing of foods as well as beverages’ packaging and distribution. The food and beverage industries require industrial flooring to meet the safety and cleanliness standards for manufacturing food and beverages.

For instance, in 2021, according to Farm Credit Canada, a Canada-based financial services company, the food manufacturing sector’s revenue increased to $125 billion by 14.8% YoY. Therefore, the increasing demand from the food and beverage sectors will drive the growth of the industrial flooring market.

The countries covered in the industrial flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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Industrial Flooring Global Market Report 2022

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Thank you for your consideration.

Best Regards,

Lorraine Allen
Senior Manager