Press release
Flooring Market 2019 Global industry Overview By Size, Share, Trends, Segments and Geographic Overview With Competitive Landscape Through 2022
Global Flooring Market Information by Material (Carpets, Tiles, Vinyl & Rubber, Wood & Other), by Type (Soft covering, Resilient, Non-resilient & others), Application (Healthcare, Education, Hospitality, Retail and Sports) and by Region - Forecast to 2022Gerflor Group (France), Shaw Industries, Inc. (U.S.), Forbo Holding AG. (Switzerland), Flowcrete Group Ltd. (U.K), Tarkett Company (France), Mannington Mills Inc.(U.S.), Mohawk Industries Inc. (U.S.), LG Hausys, Ltd. (Korea), Polyfloor Inc. (U.K.), and Floorworld LLC (Dubai) are the leading market players in the global flooring market according to MRFR’s report. The report covers their market positions and market strategies used to expand market share.
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Market Insights
Flooring is rather self-explanatory and includes all manners of flooring materials such as carpets, tiles, hardwood, rubber and several others. Often permanent in nature, flooring provides a level, evenly-textures surface that makes it comfortable for movement. Market Research Future's study of the global flooring market has uncovered a myriad of vital details. The growth of the market is anticipated at a steady CAGR of 5% during the forecast period from 2016 to 2022.
The rapid growth in the construction sector has been a primary driver of growth for the global flooring market. Increasing construction projects across the world in lieu of expanding urban areas and large population sizes are expected to fuel the flooring market. A variety of option is available with a number of designs to boot; this drives consumer participation is selecting the right flooring. Moreover, various parts of the house often have different flooring. Example, bathroom tiles often differ from the flooring in a living room or a patio. Moreover, flooring is used across commercial, industrial and residential applications and the rapid expansion of all three is driving the flooring market with steady and consistent growth. Rising home improvement projects as well and renovation projects due to rising personal disposable income are expected to further drive the market's growth over the assessment period. Emerging economies are noteworthy in the market as they are representative of a high potential for growth due to the economic growth in the region. There is a high demand for improvement of existing infrastructure as well as the building of new infrastructure in the form of hospitals, retail, other commercial buildings, and residential housing.
However, it should be noted that considerable volumes of flooring waste are often generated during new installations and renovations. This can often be expensive, and effective disposal is tricky, thus challenging the growth of the market.
Market Segmentation
The global flooring market's various vital segments have been determined by material, type, applications, and regions. Materials available in flooring have been segmented to include tiles, vinyl & rubber, wood, and others. Tiles are highly popular and come in a variety of sizes, shapes, designs, and materials to achieve the perfect aesthetic.
Types of flooring have been segmented to include soft covering, resilient, non-resilient, and others.
Applications of flooring can be found across healthcare, retail, education, hospitality, and sports. Flooring based on application is useful to deliver specific aesthetics or achieve a certain purpose. For example in healthcare, flooring should be hard and easy to clean. In sports, the flooring should be level and help absorb shock.
Regions covered in the report have been segmented into Europe, North America, Asia Pacific, and the Rest of the World
Regional Analysis
The Asia Pacific market has established itself as a market leader in the region and is followed by North America and Europe. North America and Europe are well-developed markets which are growing due to renovations and new installments with regards to existing infrastructure. There is new construction happening in this region which is driving growth. However, new construction projects are not as high in number as those in the APAC. The APAC is a rapidly developing region with rising economic status due to the presence of several emerging economies with a high volume of construction projects across various sectors including healthcare, government, education and residential to name a few.
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Scope of Report
The report for Global Flooring Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continued..........
List of Tables
Table 1 Global Flooring Market, by Material
Table 2 Global Flooring Market, by Type
Table 3 Global Flooring Market, by Application
Table 4 Global Flooring Market, by Regions
Table 5 North America Flooring Market, by Country
Table 6 North America Flooring Market, by Material
Table 7 North America Flooring Market, by Type
Table 8 North America Flooring Market, by Application
Table 9 U.s. Flooring Market, by Material
Table 10 U.s. Flooring Market, by Type
Continued.......
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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