Global Wood Flooring Market to Exceed 8.85 Billion Square Feet by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Wood Flooring market. The world market for wood flooring is projected to exceed 8.85 billion square feet by the year 2015. The potential demand for wood flooring remains unabated, although the sales of wood flooring are presently gloomy across the globe in line with the global construction industry trends. As a result of the slowdown in construction industry, new starts and renovations have swapped their market shares, resulting in temporary fall in demand. The market is expected to pick up once the recession subsides.

Wood Flooring: A Global Strategic Business report

Wood floors are considered as environment friendly, durable, and easy to clean. Wood floors are available in a wide range of wood materials with durable wear layers that withstand frequent maintenance and heavy stamping. Therefore, popularity of wood flooring is growing in both the commercial and residential markets. However, the wood flooring industry sales directly depends on the sales trends in the residential and commercial building industries.

Asia Pacific dominates the global wood flooring market as stated by the new market research report on wood flooring market. Although Europe and North America are the traditional markets for wood flooring, China has emerged as one of the major markets for wood flooring. This shift in market concentration resulted in the shift of manufacturing facilities from Western countries to China.

Owing to the global economic downturn, the timber supply took a plunge with insufficient wood stocks and not-so-large inventory volumes in 2008. Further, increase in the implementation costs of material grade, labor, manufacturing, logistics, and raw materials led to growth in the solid wood flooring's prices. The solid wood flooring' prices are expected to rise further in the next two years due to the rise in raw material costs.

Key players profiled in the report include Armstrong World Industries, Inc., A&W (Shanghai) Woods Co. Ltd., Anderson Hardwood Floors, Inc., BLC Hardwood Flooring, LLC, BOEN AS, Boral Limited, Chickasaw Brand Hardwood Flooring, F Junckers Industrier A/S, iLevel Company, Johnson Premium Hardwood Flooring, Koetter Woodworking, Inc., Shaw Industries, Inc., Tarkett AG, and Tembec Inc., among others.

The report titled "Wood Flooring: A Global Strategic Business report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and analytics in terms of volume for regions including the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World.

For more details about this comprehensive market research report, please visit -
http://www.strategyr.com/Wood_Flooring_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com

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