Wooden Floor Market by Product (Engineered Wood and Solid Wood) and Application (Residential and Non-Residential) - Global Opportunity Analysis and Industry Forecast, 2018-2025

The market growth is driven by the physical properties of wood, such as presence of the low carbon footprint, biodegradability, renewability, thermal insulation, and high strength. Furthermore, rise in investment in interior designing of residential as well as commercial properties fuel the growth of the global market. However, high threat of substitute products, such as vinyl flooring and others, is expected to hinder the market demand. Conversely, rise in per capita income in emerging economies, such as, Asia-Pacific and LAMEA, is expected to create lucrative opportunities for the growth of the market.

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Wooden Floor Market by Product (Engineered Wood and Solid Wood) and Application (Residential and Non-Residential): Global Opportunity Analysis and Industry Forecast, 2018-2025, by Allied Market Research, the global wooden floor market is forecast to reach $141.09 billion by 2025 from $90.63 billion in 2017, registering a CAGR of 5.9% from 2017 to 2025. Upsurge in home renovation owing to increased disposable income and faster growth construction and non-construction activities, especially in developing countries, fuel the growth of the wooden flooring industry. However, fluctuating prices of raw materials coupled with stringent regulations and increasing cost of wooden floorings acts as restraints for the market growth.

The report discusses various products, which have been categorized into engineered and solid wood. The engineered wooden floor segment contributed to two-third share of total revenue in 2017. This segment would continue its dominance in the global market by 2025, registering a surge of nearly 60% in terms of revenue over the forecast period. The solid wood segment is projected to account for nearly one-third share of the total market revenue by 2025.

The report segments the Wooden Flooring Industry into residential and non-residential applications, while former being the largest. Based on revenue, the non-residential application segment contributed the nearly 40% to the global market. The residential segment expected to maintain its lion's share throughout the forecast period by registering 50% revenue surge over the forecast period.

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The report studies the global wooden floor market in four geographic regions namely, North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). The European region contributes nearly half of the total market share today; however, it will lose a partial share to Asia-Pacific region owing to fastest growth in the region. The revenue of the Asia-Pacific region would expand by nearly 70% during 2017-2025.

The major market players operating in the global wooden floor industry include Armstrong, Berkshire Hathaway, Beaulieu International Group, Brumark Corporation, Boral Limited, Mannington Mills, Kährs Holding AB, Nature Home Holding Company Limited, Mohawk Industries, and Tarkett. They have adopted various strategies including collaborations, mergers & acquisitions, partnerships, and joint ventures to build sustainable business and gain a strong position in the global industry.

LIST OF FIGURES

FIGURE 01. GLOBAL WOODEN FLOOR MARKET, 2017-2025
FIGURE 02. GLOBAL WOODEN FLOOR MARKET, BY COUNTRY, 2017-2025
FIGURE 03. GLOBAL WOODEN FLOOR MARKET: KEY PLAYERS
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016-2018*
FIGURE 06. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07. MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 08. MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 09. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 10. MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 11. MARKET SHARE ANALYSIS
FIGURE 12. DRIVERS, RESTRAINTS: GLOBAL WOODEN FLOOR MARKET
FIGURE 13. GLOBAL SOLID WOOD WOODEN FLOOR MARKET REVENUE, BY COUNTRY, 2017-2025 ($MILLION)
FIGURE 14. GLOBAL ENGINEERED WOODEN FLOOR MARKET REVENUE, BY COUNTRY, 2017-2025 ($MILLION)
FIGURE 15. GLOBAL WOODEN FLOOR MARKET REVENUE, FOR RESIDENTIAL, BY COUNTRY, 2017-2025 ($MILLION)
FIGURE 16. GLOBAL WOODEN FLOOR MARKET REVENUE, FOR NON-RESIDENTIAL, BY COUNTRY, 2017-2025 ($MILLION)
FIGURE 17. ARMSTRONG: REVENUE, 2015-2017 ($MILLION)
FIGURE 18. ARMSTRONG FLOORING, INC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 19. ARMSTRONG FLOORING, INC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 20. BERKSHIRE: REVENUE, 2015-2017 ($MILLION)
FIGURE 21. BERKSHIRE HATHAWAY INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 22. BORAL LIMITED: REVENUE, 2015-2017 ($MILLION)
FIGURE 23. BORAL LIMITED: REVENUE SHARE BY DIVISION, 2017 (%)
FIGURE 24. KÄHRS HOLDING AB (PUBL): REVENUE, 2015-2017 ($MILLION)
FIGURE 25. KÄHRS HOLDING AB (PUBL): REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 26. NATURE HOME HOLDING COMPANY LIMITED: REVENUE, 2015-2017 ($MILLION)
FIGURE 27. NATURE HOME HOLDING COMPANY LIMITED: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 28. NATURE HOME HOLDING COMPANY LIMITED: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 29. MOHAWK INDUSTRIES, INC: REVENUE, 2015-2017 ($MILLION)
FIGURE 30. MOHAWK INDUSTRIES, INC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 31. MOHAWK INDUSTRIES, INC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 32. TARKETT S.A.: REVENUE, 2015-2017 ($MILLION)
FIGURE 33. TARKETT S.A.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 34. TARKETT S.A.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

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