India Wood Flooring Market Trends

Statistics for the 2023 & 2024 India Wood Flooring market trends, created by Mordor Intelligence™ Industry Reports. India Wood Flooring trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Market Trends of India Wood Flooring Industry

Rise In Construction Activity is Increasing Demand For Wooden Flooring

The demand for wood flooring in the commercial segment is on the rise with the growing construction activity in the country. The growth of the market is likely to be driven by the demand for luxury living spaces, hotel homes, hotels, and other places to stay. Non-resilient flooring is becoming more popular in the country because it is less expensive than hardwood flooring without sacrificing looks. Due to compressed wood's relative affordability and the natural finish it leaves, engineered wood and its laminates are a popular choice throughout the distribution channel.

India Wood Flooring Market: Residential Property Launches Across India, In Thousand, (2018-2022)

Rising Demand For Engineered Wood Products is Driving the Market

Because of its benefits, it is expected that engineered wood will lead the market over the next few years. Engineered wood is less vulnerable to expansion and shrinkage with changes that occur in temperatures and humidity. Also, it comes within the affordable range for a major residential customer base and brings an aesthetically pleasing appearance wherever it is installed. Engineered wood is regularly used in decking and cladding segments as it provides sophisticated and enhanced features of abrasion resistance, dimensional accuracy, and reliability. Along with these factors, the latest advancements in technology are helping to enhance design as well as printing techniques to give a realistic look to the floors.

India Wood Flooring Market: Gross Value Added by Industrial Wood Across India, In USD Billion, (2018-2022)

India Wood Flooring Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)