Global Floor Grinding Machines Market Report and Forecast 2024-2032

Global Floor Grinding Machines Market Outlook

The global floor grinding machines market attained a value of about USD 303.75 million in 2023. The market is further expected to grow at a CAGR of 3.40% during the forecast period of 2024-2032 to reach nearly USD 410.38 million by 2032.

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Rise in Construction Activities to Boost the Market Growth of Floor Grinding Machines

The global market for floor grinding machines is being led by the spur in residential and non-residential construction in the recent years owing to large-scale urbanisation and industrialisation. Floor grinding machines are primarily engineered to grind and polish marbles, granite, limestone, and concrete floors.

These machines are popularly used to improve the aesthetics of the construction. As a result of inflating disposable incomes, there has been a significant rise in residential commercial projects and focus on interiors and aesthetics, owing to which the demand for floor grinding machines is invigorating the growth of the market.

Furthermore, with the focus on industrialisation in major developing nations, the development of non-residential buildings, such as offices and malls, are boosting the market of floor grinding machines. In addition to this, ease of operability, durability, and enhanced efficiency in operations are some of the factors that are pushing the growth of the market.

Floor Grinding Machines: Market Segmentation

Floor grinding machines are referred to equipment that are used in the construction sector to polish and grind concrete marble, granite, and concrete flooring. These machines are fitted with abrasive pads at the bottom of the device that aids in grinding the surface.

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On the basis of head type, the market can be divided into:

• One and Two Head
• Three and Four Head
• Others

Based on application, the market can be categorised into:

• Marble and Granite
• Concrete
• Others

The market, based on end-user, can be segmented into:

• Residential
• Non-Residential

The EMR report looks into the regional markets of floor grinding machines like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

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Growing Popularity of Concrete Floors to Propel the Market Growth of Floor Grinding Machines

On the basis of application, the market is anticipated to be driven by the concrete segment.This can be associated with the popularity of concrete floors, mainly in residential construction, owing to its inexpensiveness, durability, and long life. Floor grinding machines are popularly used to remove stains and spills, help create a level and promote a smooth surface, polish the floor, and repair cracks, among others. These factors are thus boosting the growth of the market.

However, ongoing developments in product designs are aimed at designing products that can work on a variety of floor designs, thereby stimulating the market growth. Moreover, marble floors are also widely used in non-residential applications, such as offices, hospitals, airports, and malls, among others, to polish the marble surface to restore shine and remove scratches, which is another factor providing impetus to the market.

Key Industry Players in the Global Floor Grinding Machines Market

The report presents a detailed analysis of the following key players in the global floor grinding machines market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

• Achilli S.r.l.
• Fujian Xingyi Polishing Machine Co., Ltd.
• Husqvarna AB
• Klindex S.r.l.
• Tyrolit Construction Products Gmbh
• Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report