According to the latest report by IMARC Group, “Global Floor Grinding Machine Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global floor grinding machine market reached a value of US$ 258.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 321.5 Million by 2027, exhibiting a CAGR of 3.45% during 2022-2027.
A floor grinding machine represents the specialized and hand-controlled equipment that is used for polishing marble, granite, and concrete floorings. It comprises of a wheel guard, regulating handle, power plug, vacuum hole, toolbox, control panel, water witch, and abrasive pads. Some of the commonly available variants include single, quadrupole, dual disks, etc. A floor grinding machine helps in minimizing dirt and moisture damage, removing inconsistencies and imperfect concrete, restoring old concrete to its original form and shape, etc. Consequently, it is extensively utilized for renovating, leveling uneven joints, repairing damaged surfaces, maintaining several types of limestone, granite, marble, terrazzo, and concrete floors, etc.
| Report Metric |
| Historical: 2016-2021 |
| Base Year: 2021 |
| Forecast Year: 2022-2027 |
Floor Grinding Machine Market Trends and Drivers:
The expanding construction industry is primarily driving the floor grinding machine market. In line with this, the growing product adoption in malls and offices for removing paint and glue, enhancing the aesthetics, repairing and restoration of the floor, etc., owing to its various benefits, including durability, ease of functionality, high efficiency in operations, etc., is further catalyzing the market growth.
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Moreover, the escalating demand for remote-controlled floor grinding machines that are adjustable and simple to operate is acting as another significant growth-inducing factor. Besides this, the launch of several favorable policies by government bodies across the countries to promote smart infrastructural development is also augmenting the global market.
Additionally, the introduction of environment-friendly product variants that are completely dust-free and produce a low level of noise is projected to fuel the floor grinding machine market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Floor Grinding Machine Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Achilli S.r.l, Bartell Global Inc., Fujian Xingyi Polishing Machine Co.Ltd, HTC Group, Husqvarna AB, Klindex Srl, Levetec, Linax Co. Ltd., National Flooring Equipment, ROLL GmbH, Scanmaskin Sverige AB and Tyrolit Group.
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The report has segmented the market on the basis of region, head type, mode of operation, application and end user.
Breakup by Head Type:
- One and Two Head
- Three and Four Head
- Others
Breakup by Mode of Operation:
- Remotely Controlled Grinders
- Manually Operated Grinders
- Handheld Grinders
Breakup by Application:
- Marble and Granite
- Concrete
- Others
Breakup by End User:
- Residential
- Non-Residential
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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