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indoor flooring Market worth US$ 226.3 billion by 2031 - Leading Key Players - Armstrong Flooring, Inc. (US), Beaulieu International Group (Belgium), ECORE International (US), Forbo Flooring (The Netherlands), Interface
The global indoor flooring market was valued at US$ 133.3 billion in 2021 and it is anticipated to grow up to US$ 226.3 billion by 2031, at a CAGR of 5.4% during the forecast period.Global indoor flooring report from Global Insight Services is the single authoritative source of intelligence on indoor flooring market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Flooring is the lower enclosing surface of spaces within buildings. This might be part of the floor structure, such as the upper surface of a concrete slab or floor boards, but typically it is a permanent covering laid over the floor. Further, indoor flooring is used when renovating a new building or an old structure. Indoor flooring is available in various materials, designs, and colors. Secondly, materials required to construct floors in residential and non-residential buildings are known as indoor flooring items.
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Major Players in the Global Indoor Flooring Market
The key players studied in the global indoor flooring market are Armstrong Flooring, Inc. (US), Beaulieu International Group (Belgium), ECORE International (US), Forbo Flooring (The Netherlands), Interface, Inc. (US), Matter Surfaces, Inc. (US), Mohawk Industries, Inc. (US), Tarkett (France), TOLI Corporation (Japan), and Welspun Flooring (India).
Global Indoor Flooring Market Segmental Overview
The report analyses the global indoor flooring market based on type, end user, and region.
Global Indoor Flooring Market by Type
Based on type, it is segmented into ceramic tiles, carpet, vinyl, linoleum, & rubber, wood & laminate, and others. The ceramic tiles segment is expected to be the largest segment in the indoor flooring market in 2021. Ceramic tiles are widely used to enhance the floors of houses, hospital rooms, and toilets. They are extensively available in the market. Ceramic tiles are also used for flooring and walls.
Global Indoor Flooring Market by End User
Based on end user, it is bifurcated into residential and non-residential. The residential segment is expected to be the largest segment in the indoor flooring market in 2021. A surge in global residential construction is acting as a key driver for the global indoor flooring market. For instance, according to the Russian news agency, in July 2021, the commissioning of residential housing in Russia in the initial five months of 2021 increased by over 28% compared to 2020.
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