Carpet Tile Market Seeing Expansion Driven by N.A., APAC and the Construction Industry

12 Nov, 2015, 11:45 ET from Market Reports Online

PUNE, India, November 12, 2015 /PRNewswire/ --

Global Carpet Tile Market Report: 2015 Edition research report says expansion of the construction industry globally, rising GDP of the economies, rising wealth of the emerging economies, and growth of residential construction in the U.S. are some of the important factors driving growth.

Complete report on carpet tile market spread across 59 pages, profiling and reviewing 4 major companies as well as supported with 8 Tables and 45 Charts is now available at http://www.marketreportsonline.com/431212.html.

Demand for carpet tiles is strongest in the corporate and institutional sectors. It is also gaining share in the retail, healthcare, educational, institutions and sports segments. Given its specific features like design flexibility, durability, functionality and ease of maintenance, carpet tiles have become popular even in the residential segment. The report analyzes the global carpet tile market, along with some of the major regional markets. The carpet tile market report discusses the major growth drivers and challenges of the industry. It also profiles the top players along with their business strategies.

North America stands as one of the leading carpet tile market majorly driven by improved economic conditions, boom in the housing industry, recovery in residential replacement market, increase in non-residential building construction spending in the U.S. and improvement in the builders market of the region. Asia-Pacific region is seen as the fastest growing region for carpet tile on account of increased construction spending along with increasing wealth of emerging economies including China, Japan, India and Indonesia. European carpet tile market also improved for the year after recovery from recession coming from the Eurozone crisis. However, growth of the carpet tile market is hindered by certain factors including substitution of carpet tile by hardwood, high cost of raw materials and implementation of environmental regulations on the manufacturers.

Mohawk Industries, Inc., Interface, Inc., Tarkett and Shaw Industries Group Inc. are the companies profiled in this research. Order a copy of the carpet tile market 2015 edition report at http://www.marketreportsonline.com/contacts/purchase.php?name=431212.

The research report," Global Carpet Tile Market Report: 2015 Edition" reveals that the global carpet tile market is set to improve with potential opportunities expected with the expansion of global construction industry and changed preferences of people towards more comfortable living. The companies are also looking for combination of businesses for the expansion of carpet tile market and are spending heavily on the research and development for providing unique features to the carpet tiles products including design flexibility, durability, functionality and ease of maintenance.

Explore more reports on Manufacturing & Construction market at http://www.marketreportsonline.com/cat/manufacturing-market-research.html.

On a related note, the USA Residential Construction: Market Update report presents detailed data on market growth dynamics for the residential construction market in the United States. It also provides data on market drivers and indicators, along with leading companies, latest construction projects and industry news in the United States residential construction market. Furthermore the report enables readers to examine the components of change in the industry by looking at historic and future growth patterns broken down by segment. It should be noted that a number of sections in this report will link clients to publisher's Intelligence Centre's (ICs). The information provided in the ICs is for subscribers only and therefore comes at a set cost. With this in mind, the given links should only be treated as references used in order to provide a better data interactivity. Comprehensive table of contents and more on this research is available at http://www.marketreportsonline.com/401572-toc.html .

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