Textile Flooring Market Is Fastest Growing Segment Fueling The Growth Of Flooring Market
Textile Flooring Market The Global Textile Flooring Market is estimated to be valued at US$ 207.46 Bn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Textile flooring includes products such as carpets, rugs, blankets and mats that are made of synthetic or natural textile fibers. The use of textile flooring provides flexibility, comfort underfoot, sound absorption and aesthetic appeal which makes it suitable for both residential as well as commercial applications such as offices, hotels, hospitals etc. Market key trends: One of the key trends in the textile flooring market is the increasing demand for eco-friendly flooring solutions. Rising environmental concerns have prompted flooring manufacturers to develop sustainable flooring products made from recycled and renewable materials. For instance, Interface has launched carpet tiles made from recycled mate...