​Q-What are the challenges of the flooring industry?

Stakeholders in the flooring industry need to focus on collaboration to address industry challenges as well as to uplift standards in the sector. Some of the top challenges in the flooring industry, according to iTe PRODUCTS, include inappropriate products, lack of training, lack of experience and pricing pressure.

Q-What is the flooring industry forecast?

The flooring market is expected to grow at a compound annual growth rate of 5.6% from 2023 to 2030 to reach USD 398.27 billion by 2030. Which segment accounted for the largest flooring market share? b. Residential construction dominated the flooring market with a share of 49.4% in 2022.

Q-What do management consultants need to know?

Management consultants usually specialize in one or more aspects of management consulting, such as operations, reorganization, mergers and acquisitions, or risk management. Their expertise in these areas enables them to provide specific advice and strategies that match a company's needs.