AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Flooring Underlayment market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Flooring Underlayment market to grow at a CAGR of %.
The Distribution Channel , such as Online Retail, is boosting the Flooring Underlayment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Material, such as CBU, is boosting the Flooring Underlayment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Flooring Underlayment market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Rising Investments in the Construction Industry, Growing Focus towards Home Decor and Interior and Increasing Home Remodeling and Renovation Activities.
Flooring Underlayment refers to placing thin flooring material between the floor covering above and the subfloor below which provides the support for the flooring. It eliminates the minor subfloor imperfections, improves structural stability of older homes, provides sound absorption which led to reduced floor noise and also offer thermal insulation to the floor. Growing construction infrastructure globally supplementing the growth of flooring underlayment market. Further, growing industrialization and rising residential applications of flooring underlayment expected to drive the market over the forecasted period.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Flooring Underlayment market by Type (Tile Flooring, Laminate Flooring, Hardwood Flooring, Carpet Flooring and Vinyl Flooring), by Application (Commercial and Household) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market