Press release
What's driving the Flooring Market trends? Mohawk Industries, Shaw Industries Group, Inc, Armstrong Flooring, Marazzi Group, Beaulieu, Mannington Mills and Tarkett
Flooring Market
Market Study Report Adds New Research On Flooring Market t, Which Is A Detailed Analysis Of This Business Space Inclusive Of The Trends, Competitive Landscape, And The Market Size. Encompassing One Or More Parameters Among Product Analysis, Application Potential, And The Regional Growth Landscape, Flooring Market Also Includes An In-Depth Study Of The Industries Competitive Scenario.
High investments by industry players in construction sector to cope up with the consumer requirement will positively influence the industry expansion. Rising customer focus towards home decor along with improving lifestyles will escalate the product size. Government supportive norms and finance policies for new house construction and renovations will accentuate the volume growth over the forecast timeframe.
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Key players in the flooring market include Mohawk Industries, Shaw Industries Group, Inc, Armstrong Flooring, Marazzi Group, Beaulieu, Mannington Mills and Tarkett. Other notable players include IVC Group, Gerflor, Polyfor, Interface Inc, Delconca and Flowcrete. Industry players are involved in strategic acquisition for increasing their business operations with new product portfolios and manufacturing facilities. For instance, May 2016, Shaw Industries Group, Inc. announced the acquisition of US Floors, Inc to enhance their positioning in resilient luxury vinyl tile and hard surface products.
Proliferating residential and commercial construction operations in the emerging countries along with rising urbanization and industrialization across the globe are major drivers for flooring market growth. Increasing renovation & remodeling activities coupled with the shifting consumer inclination towards new interiors and floor designs will propel product share over the projected timeframe.
Industry players are undergoing strategic agreements to strengthen their distribution channels to enhance their customer base and revenue generation. For instance, in July 2018, DriTac Flooring Products, LLC announced contractual partnership with Introducing Interiors Ltd. The agreement will increase their supply network for eco-friendly adhesives, engineered floorings and ceramic tiles.
Regulatory authorities including the U.S. Consumer Product Safety Commission (CPSC), Environmental Working Group and the US environmental protection agency (EPA) enact laws and regulations regarding the manufacture of floors. The U.S. Consumer Product Safety Commission (CPSC) conduct multiple tests and procedure to examine the short and long-term effects of harmful emission released from floor manufacturing. EPA also provides guidelines for product use to improve the consumer safety.
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Residential segment is projected to witness substantial growth owing to the increasing constructions across the globe. Manufacturers focus on introductions of new product designs to engage customers in house remodeling. Rising consumer preferences for innovative and attractive flooring solutions will escalate the segment growth. Government authorities involve in strategic investments for residential constructions projects that will further support the product growth over the study timeframe.
Seamless flooring segment will register considerable share in the flooring market owing to its installation in commercial sector including hospitals, hotels and retail stores. Increasing preference for floors with protective coverings to enhance the product reliability and durability will propel the segment penetration. Superior impact and abrasion resistance provided by seamless flooring will further accentuate the volume growth.
North America will register substantial growth in the flooring market owing to the rising urban population and home dwellers in the region. High requirement for upgradation of conventional infrastructures into new constructions with the use of advanced materials will escalate the industry size. Increasing government spending for the development of smart city projects will accentuate the industry size.
Flooring market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in billion sq. feet and revenue in USD billion from 2013 to 2024, for the following segments:
Flooring Market by Product
o Soft Coverings
o Resilient Flooring
o LVT
o VCT
o Vinyl Sheet
o Fiberglass
o Linoleum
o Others
o Non-Resilient Flooring
o Ceramic
o Stone
o Others
o Seamless Flooring
Flooring Market by Application
o Residential
o Commercial
o Industrial
The above information is provided on a regional and country basis for the following:
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Russia
Spain
Netherlands
Sweden
Poland
Belgium
Austria
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
UAE
South Africa
Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Scope, definition & forecast parameters
1.2 Data sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Flooring industry 360 degree synopsis, 2012 - 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 Regional trends
Chapter 3 Flooring Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2012 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.4 Regulatory landscape
3.4.1 U.S.
3.4.2 Europe
3.4.3 China
3.5 Industry impact forces
3.5.1 Growth drivers
3.5.1.1 Rise in construction spending
3.5.2 Industry pitfalls & challenges
3.5.2.1 Disposal of waste
3.6 Growth potential analysis
3.7 Price trend, historical & forecast
3.7.1 North America
3.7.2 Europe
3.7.3 Asia Pacific
3.7.4 Latin America
3.7.5 Middle East & Africa
3.7.6 Cost structure analysis
3.8 Porter's analysis
3.9 Flooring key competitor share analysis, 2016
3.9.1 Strategy dashboard
3.10 PESTEL analysis
Chapter 4 Flooring Market, By Product
4.1 Global flooring market share by product, 2016& 2024
4.2 Soft coverings
4.2.1 Market estimates and forecast from soft coverings, 2012 - 2024, (Billion Square Feet) (USD Billion)
4.2.2 Market estimates and forecast from soft coverings by region, 2012-2024, (Billion Square Feet) (USD Billion)
4.3 Resilient flooring
4.3.1 Market estimates and forecast from resilient flooring, 2012 - 2024, (Billion Square Feet) (USD Billion)
4.3.2 Market estimates and forecast from resilient flooring by region, 2012-2024, (Billion Square Feet) (USD Billion)
4.3.3 LVT (Luxury Vinyl Flooring)
4.3.3.1 Market estimates and forecast from LVT, 2012 - 2024, (Billion Square Feet) (USD Billion)
4.3.3.2 Market estimates and forecast from LVT by region, 2012-2024, (Billion Square Feet) (USD Billion)
4.3.4 VCT (Vinyl Composite Tile)
4.3.4.1 Market estimates and forecast from VCT, 2012 - 2024, (Billion Square Feet) (USD Billion)
4.3.4.2 Market estimates and forecast from VCT by region, 2012-2024, (Billion Square Feet) (USD Billion)
4.3.5 Vinyl sheet
4.3.5.1 Market estimates and forecast from vinyl sheet, 2012 - 2024, (Billion Square Feet) (USD Billion)
4.3.5.2 Market estimates and forecast from vinyl sheet by region, 2012-2024, (Billion Square Feet) (USD Billion)
4.3.6 Fiberglass
4.3.6.1 Market estimates and forecast from fiberglass, 2012 - 2024, (Billion Square Feet) (USD Billion)
4.3.6.2 Market estimates and forecast from fiberglass by region, 2012-2024, (Billion Square Feet) (USD Billion)
4.3.7 Linoleum
Chapter 5 Flooring Market, By Application
5.1 Global flooring market share by application, 2016 & 2024
5.2 Residential
5.2.1 Market estimates and forecast from residential, 2012 - 2024, (Billion Square Feet) (USD Billion)
5.2.2 Market estimates and forecast from residential, by region, 2012-2024, (Billion Square Feet) (USD Billion)
5.3 Commercial
5.3.1 Market estimates and forecast from commercial, 2012 - 2024, (Billion Square Feet) (USD Billion)
5.3.2 Market estimates and forecast from commercial, by region, 2012-2024, (Billion Square Feet) (USD Billion)
5.4 Industrial
5.4.1 Market estimates and forecast from industrial, 2012 - 2024, (Billion Square Feet) (USD Billion)
5.4.2 Market estimates and forecast from industrial, by region, 2012-2024, (Billion Square Feet) (USD Billion)
Chapter 6 Flooring Market, By Region
Chapter 7 Company Profiles
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