Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Sports Flooring Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” has been added to the wide online database of Fact.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global sports flooring market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2017 to 2022.
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Forecast Highlights on Global Sports Flooring Market
1- As per the forecast of Fact.MR, the indoor product type segment is slated to touch a value of nearly US$ 1,650 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2026. The indoor product type segment is estimated to account for nearly four-fifth of the revenue share of the product type segment by the year 2017 end and is expected to lose in market share by the year 2026 end.
2- As per the forecast of Fact.MR, residential end use segment will reach a value of more than US$ 300 Mn in the year 2026. This represents a sluggish CAGR growth during the forecast period. The residential end use segment is estimated to account for more than one-tenth of the revenue share of the end use segment in the year 2017 end and is expected to lose market share by the end of the year 2026.
3- As per the forecast of Fact.MR, the wood material type segment is slated to reach a value of more than US$ 600 Mn in 2026. The wood material type segment is expected to lose some market value by the end of the year 2026. The largest share is contributed by the North America region in the wood material type segment.
4- Fact.MR forecasts that the direct sales segment will exhibit a CAGR of more than 3% from 2017 to 2026. Direct sales segment is estimated to account for more than one-tenth of the revenue share of the sales channel segment by 2017 end and is expected to gain some market share by the end of the year 2026.
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North America Market Set to Dominate the Global Sports Flooring Market in Terms of Revenue
The market in North America is set to dominate the global sports flooring market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America sports flooring market is the most attractive market, growing at a sluggish CAGR over the forecast period.
Outdoor Product Type Segment Slated to Touch a Value of About US$ 485 Mn in 2026
According to the projections of Fact.MR, the outdoor product type segment is expected to reach a value of about US$ 485 Mn in the year 2026. This signifies a sluggish CAGR during the forecast period of 2017-2026. The outdoor product type segment is estimated to account for more than one-fifth of the revenue share of the product type segment by the end of the year 2017 and is expected to gain in market share by 2026 over 2017.
Commercial End Use Segment to Exhibit a CAGR of More than 3% During the Assessment Period
According to the assessment of Fact.MR, the commercial end use segment is poised to touch a figure of about US$ 1,850 Mn in the year 2026. This signifies a CAGR of more than 3% during the assessment period from 2017 till the year 2026. The commercial end use segment is estimated to account for more than four-fifth of the revenue share of the end use segment by the end of the year 2017 and is projected to gain market share by 2026 over 2017.
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