Outdoor Flooring market growth 2020 by Manufacturers, Product, Device, Regions, Type and Application, Forecast to 2027
Outdoor Flooring Market Overview The outdoor flooring market is projected to be worth USD 2621.1 million by 2030, registering a CAGR of 5.9% during the forecast period (2022–2030), The market was valued at USD 1966.4 million in 2021. The growth in the construction industry and rapidly increasing renovation projects in developed countries are paving the way for a number of opportunities for market growth. Outdoor flooring constitutes the horizontal elements of a building that support other infrastructure elements. Growing demand for environmentally sustainable and low-maintenance construction elements is also expected to generate growth opportunities for the market. However, the availability of substitutes such as tiles, which are more durable and inexpensive, may restrict the market's growth. Drivers Source: MRFR Analysis Market Research Analysis For the purpose of this study, the outdoor flooring market has been divided into three segments namely by material, type, and end-user...