Flooring Market Showcases Promising Growth During Forecast 2017-2026

Posted on 2019-03-29 by Mark Hub in Industrial, Technology // 0 Comments

ALBANY, US, 2019-Mar-29 — /EPR Network/ —

Looking at the current market trends as well as the promising demand status of the “Flooring Market”, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them to draw conclusions out of this intelligent research report. Flooring is the usual term for a permanent covering of a floor, or it can be defined as the work of installing such a floor covering. Floor covering is generally described as any finish material applied over a floor that provides a walking surface with aesthetics. Flooring and floor covering are used interchangeably. However, floor covering is mostly used for loose-laid materials.

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Common floor covering materials include vinyl sheet & tiles, carpets & rugs, laminates, natural stone, wood, ceramic tiles, and rubber. Resilient, non-resilient, and soft cover types of flooring materials are used based on type of application.Various types of tile flooring such as ceramic, porcelain, quarry, and mosaic are available in the market. Two major types of vinyl flooring, sheet flooring and tile, are employed in commercial and residential buildings. Vinyl composition tile (VCT) is the industry standard for most commercial applications, as it is durable, resilient, and available at a relatively low cost.

Increase in demand for soft covering flooring products such as carpet tiles, area rugs, and broadloom in North America is projected to augment the flooring market during the forecast period. Demand for residential flooring is increasing, especially in emerging countries such as India, Costa Rica, Brazil, Malaysia, and Indonesia, owing to expansion in the construction industry in these regions. These are the major factors driving the market. However, use of toxic chemicals for manufacturing of carpets in the textile industry and presence of volatile materials in vinyl products may lead to several health issues. This is one of the key factors expected to hamper the flooring market during the forecast period.

This report analyzes and forecasts the market for flooring at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (million square meters) from 2017 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global flooring market. It also covers impact of these drivers and restraints on demand for flooring during the forecast period and includes current flooring market indicators. The report also highlights opportunities in the flooring market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global flooring market. Porter’s Five Forces model for the flooring market has also been included to help understand the competitive landscape. The study encompasses market attractiveness analysis, wherein product, material, and application are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global flooring market by segmenting it in terms of product, material, and application. In terms of product, the flooring market can be classified into resilient, non-resilient, and soft cover. In terms of material, the flooring market can be segmented into ceramic tiles, carpers & rugs, vinyl sheet & tile, wood, laminate, ceramic tiles, stone, and others. In terms of application, the flooring market can be categorized into residential, non-residential, and others. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for flooring in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides the actual market size of the flooring market for 2017 and estimated market size for 2018 with forecast for the next eight years. The global flooring market has been provided in terms of revenue in US$ Mn and in terms of volume in million square meters. Market size has been provided in terms of global, regional, and country level market.

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The report comprises profiles of major companies operating in the global flooring market. Key players operating in the flooring market include Mohawk Industries Inc., Shaw Industries Group Inc., Tarkett Group, Boral Limited, and Armstrong World Industries, Inc. The other players include The Dixie Group, Toli Corporation, FORBO, Interface, Inc., Congoleum Carporation, Avant Flooring, James Hallstead Plc, Mannington Mills, Inc., J&J Flooring Group LLC and Gerflor.

Flooring Market, by Product (Revenue US$ Mn; Volume Million Square Meters; 2017-

2026)

Resilient
Non-resilient
Soft Cover

Flooring Market, by Material (Revenue US$ Mn; Volume Million Square Meters; 2017-

2026)

Carpets & Rugs
Wood
- Soft Wood
- Engineered Wood
Laminate
Vinyl Sheet & Tile
- Homogeneous
- Heterogeneous
- Luxury Vinyl Tile
Ceramic Tile
Stone
Others

Flooring Market, by Application (Revenue US$ Mn; Volume Million Square Meters; 2017-2026)

Residential
Non-residential
Others

Flooring Market, by Region (Revenue US$ Mn; Volume Million Square Meters; 2017-2026)

North America
- S.
- Canada
Europe
- Germany
- France
- K.
- Spain
- Italy
- Russia & CIS
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest Of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa (MEA)
- GCC
- Turkey
- South Africa
- Rest of Middle East & Africa

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