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Resilient Flooring Industry Is Presumed To Reach 16600 Million USD in 2025 - QY Research
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Resilient flooring is made of materials that have some elasticity, giving the flooring a degree of flexibility. The resilient flooring category includes luxury vinyl tiles (LVT), vinyl composite tile (VCT), vinyl sheets, linoleum, cork, rubber, and other types of synthetic flooring. Resilient flooring is widely used in educational, institutional, healthcare / hospital, hospitality, light commercial, light industrial, office, retail / stores, transportation / public venues, and others.
As the demand increases rapidly for downstream industries, the demand for resilient flooring will correspondingly increase. The increased consumption of resilient flooring is expected to continue during the remaining years of the forecast period of 2017-2022. Resilient flooring industry will usher in a stable growth space. In the past few years, the price of resilient flooring gradually decreased and expected the price will not increase with the production released. As the same time, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of resilient flooring. Therefore, to some extent, the companies face the risk of profit decline.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in resilient flooring market remains intense. In 2018, the global Resilient Flooring market size was 11100 million US$ and is forecast to 16600 million US in 2025, growing at a CAGR of 5.2% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Resilient Flooring.
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This report includes the following manufacturers; we can also add the other companies as you want.
Tarkett
Armstrong
Beaulieu
Forbo
Mohawk
Gerflor
Mannington Mills
Shaw
Congoleum
DLW Flooring
Market Segment by Product Type
Vinyl Flooring
Linoleum
Rubber
Market Segment by Application
Commercial Flooring
Residential Flooring
Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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