Press release
Global Soft Flooring Market Size, Trends & Forecast 2017-2021 Key Players - Balta Group, Interface, Inc. and Mohawk Industries, Inc.
The report titled Global Soft Flooring Market: Size, Trends & Forecasts (2017-2021), provides an in-depth analysis of the global soft flooring market by value and by volume. The report also gives an insight of the global soft flooring market by region.
The report provides a regional analysis of the soft flooring market, including the following regions: North America, Europe, South Africa, EMEA and Asia-Pacific.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global soft flooring market has also been forecasted for the period 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
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The competition in the global soft flooring market is fragmented due to presence of large number of local and regional manufacturers. Industry rivalry is expected to be high to gain competitive advantage and improve market foothold. The global soft flooring market is buyer oriented. Further, key players of the soft flooring market Balta Group, Interface, Inc. and Mohawk Industries, Inc. are also profiled with their financial information and respective business strategies.
Country Coverage
North America
Europe
Rest of the World
Company Coverage
Balta Group
Interface, Inc.
Mohawk Industries, Inc.
Executive Summary
Flooring refers to the surface beneath the feet that is used to walk upon and perform other activities. The flooring is an essential part of any occupancy, place or space. The components of flooring include floor base and floor covering. The flooring could be segregated on the basis of resilience into Resilient flooring, Non-Resilient flooring and Soft flooring.
The soft flooring refers to the flooring that is manufactured from materials such as wool, jute, polyamide, polypropylene, or any other material used in the textile industry. The soft flooring includes carpets, rugs, broadlooms and mats. The soft flooring has applicability in the residential, commercial, sports and other industrial sectors. Manufacturing process of soft flooring includes tufting, weaving and needle punching.
The global soft flooring market has increased at a significant CAGR during the years 2015 and 2016 and projections are made that the market would rise in the next four years i.e. 2017-2021 tremendously. The soft flooring market is expected to increase due to growth in GDP per-capita, rise in global residential spending, infrastructure development, etc. Yet the market faces some challenges such as, availability of counterfeit products, continual innovation and high barriers to entry, etc.
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Table Of Contents
1. Executive Summary
2. Introduction
2.1 Flooring: An Overview
2.1.1 Components of Flooring
2.1.2 Types of Flooring
2.1.3 Flooring by Resilience
2.2 Soft Flooring: An Overview
2.2.1 History of Soft Flooring
2.2.2 Soft Flooring by Applicability
2.2.3 Soft Flooring by Products
2.2.4 Manufacturing Process of Soft Flooring
3. Global Market Analysis
3.1 Global Flooring Market: An Analysis
3.1.1 Global Flooring Market by Value
3.1.2 Global Flooring Market Value by Segments
3.1.3 Global Flooring Market by Volume
3.1.4 Global Flooring Market Volume by Segments
3.2 Global Soft Flooring Market: An Analysis
3.2.1 Global Soft Flooring Market by Value
3.2.2 Global Soft Flooring Market by Volume
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4. Regional Market Analysis
4.1 North America Soft Flooring Market: An Analysis
4.1.1 North America Flooring Market by Volume
4.1.2 North America Soft Flooring Market Penetration in Total Flooring Market Volume
4.1.3 North America Soft Flooring Market by Value
4.2 Europe Soft Flooring Market: An Analysis
4.2.1 Europe Flooring Market by Volume
4.2.2 EMEA Soft Flooring Market Penetration in Total Flooring Market Volume
4.3 Rest of the World Soft Flooring Market: An Analysis
4.3.1 Rest of the World Flooring Market by Volume
4.3.2 South America Soft Flooring Market Penetration in Total Flooring Market Volume
4.3.3 Asia-Pacific Soft Flooring Market Penetration in Total Flooring Market Volume
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increased Growth Rate in Emerging Economies
5.1.2 Accelerating Global Residential Spending
5.1.3 Cost Fluctuations in Polyamide and Polypropylene
5.1.4 Infrastructure Development
5.2 Challenges
5.2.1 Cyclicality in Demand
5.2.2 Less Cyclical Renovations
5.2.3 Economic Slowdown
5.2.4 Counterfeit Products
5.2.5 High Transportation Cost
5.2.6 High Barriers to Entry
5.2.7 Continual Innovation
5.3 Market Trends
5.3.1 Soft Flooring Expansion in Emerging Economies
5.3.2 Global GDP Per-Capita
5.3.3 Increasing Residential Renovation Output in Europe
5.3.4 Replacement of Rugs
5.3.5 Increasing Capital Investment and Technology
5.3.6 Awareness in Healthcare Industry
5.3.7 Urbanization
5.3.8 Emergence of Eco-Friendly Raw Material
6. Competitive Landscape
6.1 Global Competitive Landscape
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