Developments in Sports Flooring Market Segments, Growth and Forecast 2030

𝐒𝐩𝐨𝐫𝐭𝐬 𝐅𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

In terms of value, the global sports flooring market is anticipated to expand at a CAGR of ~6% from 2020 to 2030. The demand for indoor sports activities has been increasing in North America and Europe due to extreme weather conditions. Governments and private sports clubs in these regions are investing significantly in indoor sports complexes. The growth in public awareness about the link between physical activity and health is also projected to drive the demand for indoor sports activities.

𝐑𝐞𝐚𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 -https://www.transparencymarketresearch.com/sports-flooring-market.html

There has been a significant rise in participation in indoor sports activities in North America and Europe over the past few years. This can be ascribed to increase in household income and growth in expenditure on recreational activities. The rise in awareness about fitness and personal care is encouraging people to spend on gym memberships; and yoga, Zumba, and dance activities. This trend is likely to continue in the near future.

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬 𝐭𝐨 𝐇𝐚𝐦𝐩𝐞𝐫 𝐒𝐩𝐨𝐫𝐭𝐬 𝐅𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

PVC, polyurethane, rubber, and polypropylene are used to manufacture sports flooring. The usage of these products leads to air pollution, as these products are derived from crude oil. Manufacture of PVC flooring creates dioxins, which are carcinogenic bio-accumulative toxins. These substances pose a health risk to anyone exposed to them. The lifespan of sports flooring ranges from 10 years to 20 years. After use, PVC, polyurethane, rubber, and polypropylene are recycled or dumped into the landfill. However, PVC flooring is not biodegradable. It leads to pollution in landfill. Furthermore, these products are derived from crude oil, and crude oil production and processing industry is the one of the leading industries that causes pollution. Thus, rise in environmental concerns is anticipated to restrain the sports flooring market during the forecast period.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78633

Artificial Turf Flooring to Offer Lucrative Opportunities for Sports Flooring Market
In terms of product type, the global sports flooring market has been divided into PVC flooring, wood flooring, polyurethane flooring, rubber flooring, polypropylene flooring, artificial turf flooring, and others. Polypropylene surface is used in artificial turf flooring. It minimizes the risk of friction between skin and the playing surface. As a result, demand for artificial turf flooring is high in sports such as soccer, football, lacrosse, baseball, and hockey. Wood flooring is another key segment of the sports flooring market. Wood provides healthier indoor air, as it does not produce any volatile organic compound.

𝐎𝐮𝐭𝐝𝐨𝐨𝐫 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐒𝐩𝐨𝐫𝐭𝐬 𝐅𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of application, the global sports flooring market has been bifurcated into outdoor and indoor. In terms of value and volume, the outdoor segment constituted significant share of the global sports flooring market in 2019. The demand for outdoor sports flooring is high in sports clubs, public facilities, schools, and other educational institutes. Outdoor facilities require lower investment vis-à-vis indoor facilities, as the latter requires extra lights, ventilation, and infrastructure. This increases the cost of facilities. Hence, demand for outdoor sports facilities is higher. This is estimated to drive the
outdoor segment in the near future.

Rise in Number of Commercial Physical Activity Centers to Drive Global Market
In terms of end use, the global sports flooring market has been divided into commercial and residential. The commercial segment is anticipated to dominate the market during the forecast period due to rise in investment in commercial physical activity centers. The growth in investment in sports facilities is projected to propel the global sports flooring market during the forecast period. Governments of various developed countries in North America and Europe have been investing significantly in development of sports and recreational facilities for the general public in order to promote physical activities and sports. This is expected to boost the global sports flooring market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=78633

𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐒𝐩𝐨𝐫𝐭𝐬 𝐅𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐟𝐨𝐫 𝐅𝐨𝐨𝐭𝐛𝐚𝐥𝐥 𝐅𝐢𝐞𝐥𝐝𝐬

In terms of sport, the global sports flooring market has been segregated into track & field (running, jumping, and throwing), football, basketball, volleyball, badminton, tennis, gym, dance, & aerobic studio, and others. In terms of value and volume, the football segment constituted a significant share of the global sports flooring market in 2019.

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐛𝐞 𝐋𝐮𝐜𝐫𝐚𝐭𝐢𝐯𝐞 𝐑𝐞𝐠𝐢𝐨𝐧 𝐨𝐟 𝐒𝐩𝐨𝐫𝐭𝐬 𝐅𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

Based on region, the global sports flooring market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the leading region in terms of sports activities in the world. The U.S. has won the most gold medals in Olympics to date. It has won more than 2,500 Olympics medals. The U.S. is anticipated to be a lucrative country of the sports flooring market in North America during the forecast period, owing to the increase in awareness about fitness and rise in inclination toward sports activities in the country.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐨𝐟 𝐒𝐩𝐨𝐫𝐭𝐬 𝐅𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

The global sports flooring material market is highly fragmented. The top players such as Shaw Industries Group, Inc., Tarkett Group, Interface, Inc., LG HAUSYS, and Bauwerk Boen Group cumulatively held more than 20% share of the global market in 2018. Leading players have taken initiatives to expand their presence through acquisitions, increase of production capacities, and strategic partnerships. Other Key manufacturers operating in the global sports flooring market are Kiefer USA, EPI Group, Aacer Flooring, LLC, SnapSports, Flexcourt Athletics, Conica AG, Mats Inc., KLIKFLEX FLOORING, and Rephouse Ltd.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=78633

𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐩𝐨𝐫𝐭𝐬 𝐅𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

Sports Flooring Market, by Product Type
• PVC Flooring
• Wood Flooring
• Polyurethane Flooring
• Rubber Flooring
• Polypropylene Flooring
• Artificial Turf Flooring
• Others (including Synthetic/Acrylic Flooring and HDPE Flooring)
Sports Flooring Market, by Application
• Outdoor
• Indoor
Sports Flooring Market, by End Use
• Commercial
• Residential
Sports Flooring Market, by Sports
• Track & Field (Running, Jumping, and Throwing)
• Football
• Basketball
• Volleyball
• Badminton
• Tennis
• Gym, Dance, & Aerobic Studio
• Others (including Pickleball)
Sports Flooring Market, by Region
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o U.K.
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

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