The global glass curtain wall market size is projected to reach USD 71.14 billion by 2027, exhibiting a CAGR of 7.3% during the forecast period. Increasing foreign direct investment (FDI) in commercial construction projects in developing economies will be a powerful driving force for the market, postulates Fortune Business Insights™ in its report, titled “Glass Curtain Wall Market Size, Share & Industry Analysis, By Product Type (Stick-built, Unitized and other), By Application (Commercial buildings and Residential buildings), and Regional Forecast, 2020-2027”. Information Source- https://www.fortunebusinessinsights.com/glass-curtain-wall-market-103912 Emerging economies in Asia and Africa are growing at a furious pace, which is creating enormous investment opportunities, particularly in the real estate sector, for investors and companies in the developed nations. With a view to attract investments, governments in these countries are simplifying processes and policies to create a friendly investment climate. For example, in India, the central government is contemplating allowing 100% FDI in completed real estate projects amid the COVID-19 pandemic. India already allows 100% FDI via the automatic route in construction development projects. Large investments in commercial and residential construction projects will naturally generate high demand for premium building aesthetics such as glass curtain wall systems, which will fuel the market growth. As per the report findings, the global market value stood at USD 48.06 billion in 2019. The main highlights of the report include: Actionable insights into the factors driving, constraining, and shaping the growth of the market; Comprehensive analysis of the key market segments; Exhaustive research into the regional developments impacting the market; and Detailed profiling and careful assessment of the key market players and their strategies. Market Restraint Contracting Construction Activities Worldwide amid COVID-19 to Truncate Growth Construction projects around the globe have hit a rock as governments in several countries have been imposing strict lockdown and social distancing measures to contain the spread of the coronavirus. The UK-based Royal Institution of Chartered Surveyors (RCIS) reported in August 2020 that 25% of construction projects, globally, had come to a halt in the second quarter of 2020, with on-site productivity falling by 12%. Furthermore, the RCIS estimated that overall growth in construction activities was -24% in the second quarter. Projects delays and cancellations look imminent and this will inevitably stymie the glass curtain wall market growth as builders and developers are unlikely to invest in and adopt high-end aesthetics such as glass curtain walls for their constructions. In the residential sector, diminished sentiments and economic downturn, especially in developing nations, will further inhibit investments in costly structural enhancements, which in turn affect the health of this market. Regional Insights Asia Pacific to Command the Market Share Backed by Strong Growth in Construction Asia Pacific dominated the glass curtain wall market share in 2019, boasting a market size of USD 20.04 billion. The singular reason for the region’s commanding position in the global market is the robust growth of the construction industry in India, China, Thailand, and Vietnam. The market in Europe is expected to perform impressively as commercial constructions in Eastern European countries are rapidly increasing. In addition, the construction industry in the UK in thriving, bolstering the regional market growth. In the Middle East & Africa region, the market will be led by the rich countries in the Gulf Cooperation Council (GCC), who are looking to diversify their economies by promoting sectors other than oil & gas.

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The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945 The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future. The report states that the global market value stood at USD 29.62 billion in 2019 and offers the following: Intelligent insights on the current and upcoming trends and opportunities in the market; Detailed analysis of the market drivers, restraints, and segments; Comprehensive profiling of key players and careful examination of their strategies; and In-depth assessment of the regional developments impacting the market. Market Restraint Sharp Contraction in Construction Activities Triggered by COVID-19 to Dampen Market Spirits The outbreak of the coronavirus pandemic has caused unprecedented upheavals in the construction industry across countries and will inevitably stymie the resilient flooring market growth. According to the UK-based Royal Institute of Chartered Surveyors (RICS), 25% of the construction projects worldwide were paused in the second quarter of 2020 and productivity at sites dropped by 12% as governments imposed lockdowns and social distancing measures to contain the spread of the virus. The RICS predicts that cost escalation because of delays, cancellations, and reduced on-site workforce will put enormous pressure on the construction industry in the next twelve months. Country-wise scenario for this industry appears equally grim. In India, for instance, the Ministry of Statistics and Program Implementation reported a staggering 50.3% contraction in construction activities since the pandemic outbreak. With the demand for resilient flooring being solely dependent on construction activities, this market is likely to undergo a period of shock as a result of the COVID-19 pandemic. Regional Insights Robust Pace of Urbanization to Favor the Market in Asia Pacific Asia Pacific is expected to dominate the resilient flooring market share period owing to the strong growth displayed by the regional construction industry over the past few years. This growth is underpinned by the rapid urbanization witnessed in Asia Pacific, especially in India and China. Moreover, rising disposable incomes is encouraging consumers to demand advanced and premium flooring solutions, which bodes well for this market. For example, the India Brand Equity Foundation estimates that the country’s real estate sector will touch USD 1 trillion in value by 2030. The region’s market size stood at USD 12.02 billion in 2019 and is predicted to register a CAGR of 10.3% during the forecast period. Competitive Landscape Strengthening of Production Capacities by Key Players to Stoke Competition Key companies in this market are heavily investing in strengthening their existing production facilities as well as establishing new ones in developing markets. Using this strategy, players in this market are aiming to retain their leading position and expand their global market footprint.

The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945 The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future. The report states that the global market value stood at USD 29.62 billion in 2019 and offers the following: Intelligent insights on the current and upcoming trends and opportunities in the market; Detailed analysis of the market drivers, restraints, and segments; Comprehensive profiling of key players and careful examination of their strategies; and In-depth assessment of the regional developments impacting the market. Market Restraint Sharp Contraction in Construction Activities Triggered by COVID-19 to Dampen Market Spirits The outbreak of the coronavirus pandemic has caused unprecedented upheavals in the construction industry across countries and will inevitably stymie the resilient flooring market growth. According to the UK-based Royal Institute of Chartered Surveyors (RICS), 25% of the construction projects worldwide were paused in the second quarter of 2020 and productivity at sites dropped by 12% as governments imposed lockdowns and social distancing measures to contain the spread of the virus. The RICS predicts that cost escalation because of delays, cancellations, and reduced on-site workforce will put enormous pressure on the construction industry in the next twelve months. Country-wise scenario for this industry appears equally grim. In India, for instance, the Ministry of Statistics and Program Implementation reported a staggering 50.3% contraction in construction activities since the pandemic outbreak. With the demand for resilient flooring being solely dependent on construction activities, this market is likely to undergo a period of shock as a result of the COVID-19 pandemic. Regional Insights Robust Pace of Urbanization to Favor the Market in Asia Pacific Asia Pacific is expected to dominate the resilient flooring market share period owing to the strong growth displayed by the regional construction industry over the past few years. This growth is underpinned by the rapid urbanization witnessed in Asia Pacific, especially in India and China. Moreover, rising disposable incomes is encouraging consumers to demand advanced and premium flooring solutions, which bodes well for this market. For example, the India Brand Equity Foundation estimates that the country’s real estate sector will touch USD 1 trillion in value by 2030. The region’s market size stood at USD 12.02 billion in 2019 and is predicted to register a CAGR of 10.3% during the forecast period. Competitive Landscape Strengthening of Production Capacities by Key Players to Stoke Competition Key companies in this market are heavily investing in strengthening their existing production facilities as well as establishing new ones in developing markets. Using this strategy, players in this market are aiming to retain their leading position and expand their global market footprint.

The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945 The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future. The report states that the global market value stood at USD 29.62 billion in 2019 and offers the following: Intelligent insights on the current and upcoming trends and opportunities in the market; Detailed analysis of the market drivers, restraints, and segments; Comprehensive profiling of key players and careful examination of their strategies; and In-depth assessment of the regional developments impacting the market. Market Restraint Sharp Contraction in Construction Activities Triggered by COVID-19 to Dampen Market Spirits The outbreak of the coronavirus pandemic has caused unprecedented upheavals in the construction industry across countries and will inevitably stymie the resilient flooring market growth. According to the UK-based Royal Institute of Chartered Surveyors (RICS), 25% of the construction projects worldwide were paused in the second quarter of 2020 and productivity at sites dropped by 12% as governments imposed lockdowns and social distancing measures to contain the spread of the virus. The RICS predicts that cost escalation because of delays, cancellations, and reduced on-site workforce will put enormous pressure on the construction industry in the next twelve months. Country-wise scenario for this industry appears equally grim. In India, for instance, the Ministry of Statistics and Program Implementation reported a staggering 50.3% contraction in construction activities since the pandemic outbreak. With the demand for resilient flooring being solely dependent on construction activities, this market is likely to undergo a period of shock as a result of the COVID-19 pandemic. Regional Insights Robust Pace of Urbanization to Favor the Market in Asia Pacific Asia Pacific is expected to dominate the resilient flooring market share period owing to the strong growth displayed by the regional construction industry over the past few years. This growth is underpinned by the rapid urbanization witnessed in Asia Pacific, especially in India and China. Moreover, rising disposable incomes is encouraging consumers to demand advanced and premium flooring solutions, which bodes well for this market. For example, the India Brand Equity Foundation estimates that the country’s real estate sector will touch USD 1 trillion in value by 2030. The region’s market size stood at USD 12.02 billion in 2019 and is predicted to register a CAGR of 10.3% during the forecast period. Competitive Landscape Strengthening of Production Capacities by Key Players to Stoke Competition Key companies in this market are heavily investing in strengthening their existing production facilities as well as establishing new ones in developing markets. Using this strategy, players in this market are aiming to retain their leading position and expand their global market footprint.

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