North America Wood Flooring Market Projected to Reach USD 6.07 billion by 2025
29-may-19 The North America wood flooring market expanding at a CAGR of 5.1% during the forecast period. Increasing government spending on infrastructure development in non-residential structures is poised to boost the demand for the product over the forecast period. Rising importance of durable flooring products with innovative designs, coupled with reduced cost, on account of increasing number of campaigns and advertisements in electronic media and e-commerce portals is likely to have a positive impact on the market. In addition, soaring demand for green building materials in residential and commercial structures is expected to stoke market growth. Furthermore, growing concerns over greenhouse emissions in the manufacturing as well as corporate sectors along with stringent EPA policies aimed at reducing environmental pollution are estimated to compel buyers towards procuring wood flooring as green building materials. Majority of industry participants are focusing on enhancin...