Flooring Market - By Material (Resilient flooring(Vinyl, Cork,Lionleum,Rubber, Resin), Non-resilient flooring (Ceramic, Stone, Wood, Laminate)) By End-Use Industry (Residential, Non-residential) By Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Industry Analysis, Opportunity and Forecast 2020 To 2027
Published Date: May 2021
No. of Pages: 181
Status: Published
Report Code: ARI100780
Flooring comprises permanent coving of floor with the usage of several products such as carpets, tiles, laminates, among others. The growing renovation & remodelling activities supported by lower lending rates will fuel the business expansion. Further changing green building regulations and the development of infrastructure projects are driving demand for flooring products.
Technological advancements coupled with ongoing product development to enhance the performance will propel market growth by 2026. For instance, in December 2019 BASF launched high-performance flooring systems with excellent resistance to abrasion and impact. Additionally, rising trend towards environment-friendly floor will stimulate market growth. Government are using public and private sector together by PPP supporting the investment even in financially constrained periods.
Growing demand of insulation along with improved consumer lifestyles are anticipated to be key drivers of the market. Requirement of less maintenance and development of durable innovative construction solutions will influence the product demand. However, success of these materials is widely dependent on consumer willingness and awareness regarding the product.
Advanced trends and innovations in construction solutions and floor designs have widely boosted flooring market. Numerous manufacturers in the market offer an array of solutions for industrial, commercial and residential segments. The covering industry is witnessing styling trends and technology developments. Contractors and developers are switching to eco-friendly and cost-effective materials from conventional flooring solutions. These materials include reclaimed hardwood, rubber, polyester berber, glass, bamboo, linoleum and cork.
Population growth, environmental impacts and urbanization has up surged the need for smart and sustainable infrastructure solutions. In the developed regions including North America and Europe, aging infrastructure and the process for restructuring and maintaining this aged infrastructure is unable to match the pace of deterioration. This has increased demand for soft coverings that offer dust-binding property, good noise-reducing and act as insulators providing comfort, warmth, as well as pleasing aesthetics.
The market for flooring is led by major players such as Mohawk Industries (US), Shaw Industries (US), Tarkett (France), Armstrong Flooring (US), Forbo (Switzerland), Gerflor (France), Interface (US), Beaulieu International (Belgium), TOLI Corporation (Japan), and Milliken & Company (US).
Analyst Commentary
On the basis of type, the non-resilient flooring segment accounted for the largest market share in the flooring market. Non-resilient flooring includes ceramic tiles, wood, laminate, stone, marble, bamboo, and terrazzo. Due to their high durability, water-resistance, low maintenance, and reliability, non-resilient floors have become the top flooring solution for high traffic areas such as shopping malls and corporate centers. Furthermore, they find materials in healthcare centers, government offices, and sports institutes where expected footfall is high, as well as in residential buildings.
The ceramic tiles segment dominated the market in 2017, in terms of volume, as a result of its cost-effectiveness, water & stain resistance, durability, and environment-friendly properties. The vinyl segment is projected to grow at the highest CAGR during the forecast period; this is attributed to its low cost, low maintenance, and easy installation.
The segmentation for this report is based end-use industry, the non-residential industry is projected to be the faster-growing segment in the flooring market. In this sector, the demand for flooring is expected to be driven by higher spending on office spaces and other commercial & institutional constructions and greater focus toward employee comfort. Floors of non-residential buildings need to withstand heavy foot traffic and heavy furniture load.
Segmentation
The segmentation for this report is based on type, by material, end-use industry, and region. On the basis of type, by material, the market has been segmented into carpets & rugs, resilient, and non-resilient. Non-resilient flooring includes ceramic tiles, wood, laminate, stone, marble, bamboo, and terrazzo. On the basis of end use industry the market is segmented into Residential, Non-residential.
Regional Analysis
Asia Pacific is projected to lead the flooring market accounting major global share by 2025. The growing construction industry in developing countries including India and Thailand due to regulatory support for infrastructural development is anticipated to be the key factor triggering the product demand. Moreover, growing economic prominence of China, India, and other countries owing to the presence of a large consumer base, cheap labor, and high level of resources is expected to drive the construction industry in the region, which is expected to support the market expansion.
Positive market outlook in North America and Europe is expected to boost the market growth in the regions. These regions are projected to contribute significantly to the market growth owing to developed construction industries and rapid infrastructural and industrial development along with supporting macro-economic factors. Europe was one of the largest regions in 2018, in terms of revenue, and accounted for healthy market share owing to high demand from residential and non-residential materials. The Europe market consists of major countries, such as Germany, Italy, and U.K.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Flooring market
Chapter 5. Global Flooring market Overview, By Material, 2015 – 2027 (USD Billion)
5.1. Global Flooring market Share, By Material, 2020 & 2027 (%)
5.1.1. Resilient flooring
5.1.1.1. Market Size and Projections,2015 – 2027 (USD Billion)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
5.1.2. Non-resilient flooring
5.1.2.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
Chapter 6. Global Flooring market Overview, By End Use Industry, 2015 – 2027 (USD Billion)
6.1. Global Flooring market Share, By End Use Industry, 2020 & 2027 (%)
6.1.1. Residential
6.1.1.1. Market Size and Projections,2015 – 2027 (USD Billion)
6.1.1.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
6.1.2. Non-Residential
6.1.2.1. Market Size and Projections, 2015 - 2027 (USD Billion)
6.1.2.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
Chapter 7. Global Flooring market Overview, By Geography, 2015 - 2027 (USD Billion)
7.1. Global Flooring market Share, By Geography, 2015 - 2027(USD Billion)
7.1.1. Market Size and projections, by Countries, 2015 - 2027 (USD Billion)
7.1.2. Market Share and CAGR Comparison, by Countries, 2020 (%)
Chapter 8. North America Flooring market Overview, By Countries, 2015 - 2027(USD Billion)
8.1. North America Flooring market Overview, 2020 & 2027 (%)
8.1.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.2. North America Flooring market Overview, By Material, 2015 - 2027(USD Billion)
8.1.3. North America Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
8.1.4. North America Flooring market Overview, By Countries, 2015 - 2027 (USD Billion)
8.1.4.1. U.S. Flooring market Overview, 2015 - 2027 (USD Billion)
8.1.4.1.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.4.1.2. U.S. Flooring market Overview, By Material, 2015 - 2027 (USD Billion)
8.1.4.1.3. U.S. Flooring market Overview, By End Use Industry, 2015 - 2027 (USD Billion)
8.1.4.2. Canada Flooring market Overview, 2015 - 2027 (USD Billion)
8.1.4.2.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.4.2.2. Canada Flooring market Overview, By Material, 2015 - 2027 (USD Billion)
8.1.4.2.3. Canada Flooring market Overview, By End Use Industry, 2015 - 2027 (USD Billion)
8.1.4.3. Mexico Flooring market Overview, 2015 - 2027 (USD Billion)
8.1.4.3.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.4.3.2. Mexico Flooring market Overview, By Material, 2015 - 2027 (USD Billion)
8.1.4.3.3. Mexico Flooring market Overview, By End Use Industry, 2015 - 2027 (USD Billion)
Chapter 9. Europe Flooring market Overview, By Countries, 2015 - 2027(USD Billion)
9.1. Europe Flooring market Overview, 2020 & 2027 (%)
9.1.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.2. Europe Flooring market Overview, By Material, 2015 - 2027 (USD Billion)
9.1.3. Europe Flooring market Overview, By End Use Industry, 2015 - 2027 (USD Billion)
9.1.4. Europe Flooring market Overview, By Countries, 2015 - 2027 (USD Billion)
9.1.4.1. Germany
9.1.4.1.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.4.1.2. Germany Flooring market Overview, By Material, 2015 - 2027 (USD Billion)
9.1.4.1.3. Germany Flooring market Overview, By End Use Industry, 2015 - 2027 (USD Billion)
9.1.4.1.4. Market size and projections, 2015 - 2027 (USD Billion)
9.1.4.1.5. France Flooring market Overview, By Material, 2015 - 2027(USD Billion)
9.1.4.1.6. France Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
9.1.4.2. UK
9.1.4.2.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.4.2.2. UK Flooring market Overview, By Material, 2015 - 2027(USD Billion)
9.1.4.2.3. UK Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
9.1.4.3. Italy
9.1.4.3.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.4.3.2. Italy Flooring market Overview, By Material, 2015 - 2027(USD Billion)
9.1.4.3.3. Italy Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
9.1.4.4. Spain
9.1.4.4.1. Market size and projections, 2015 - 2027 (USD Billion)
9.1.4.4.2. Spain Flooring market Overview, By Material, 2015 - 2027(USD Billion)
9.1.4.4.3. Spain Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
9.1.4.5. Rest of Europe
9.1.4.5.1. Market size and projections, 2015 – 2025
9.1.4.5.2. Rest of Europe Flooring market Overview, By Material, 2015 - 2027(USD Billion)
9.1.4.5.3. Rest of Europe Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
Chapter 10. Asia Pacific Flooring market Overview, By Countries, 2015 - 2027(USD Billion)
10.1. Asia Pacific Flooring market Overview, 2020 & 2027(%)
10.1.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.2. Asia Pacific Flooring market Overview, By Material, 2015 - 2027(USD Billion)
10.1.3. Asia Pacific Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
10.1.4. Asia Pacific Flooring market Overview, By Countries, 2015 - 2027(USD Billion)
10.1.4.1. India
10.1.4.1.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.4.1.2. India Flooring market Overview, By Material, 2015 - 2027(USD Billion)
10.1.4.1.3. India Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
10.1.4.2. China
10.1.4.2.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.4.2.2. China Flooring market Overview, By Material, 2015 - 2027(USD Billion)
10.1.4.2.3. China Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
10.1.4.3. Japan
10.1.4.3.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.4.3.2. Japan Flooring market Overview, By Material, 2015 - 2027(USD Billion)
10.1.4.3.3. Japan Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
10.1.4.4. South Korea
10.1.4.4.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.4.4.2. South Korea Flooring market Overview, By Material, 2015 - 2027(USD Billion)
10.1.4.4.3. South Korea Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
10.1.4.5. Rest of Asia Pacific
10.1.4.5.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.4.5.2. Rest of Asia Pacific Flooring market Overview, By Material, 2015 - 2027(USD Billion)
10.1.4.5.3. Rest of Asia Pacific Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
Chapter 11. Middle East & Africa Flooring market Overview, By Countries, 2015 - 2027(USD Billion)
11.1. Middle East & Africa Flooring market Overview, 2015 - 2027(USD Billion)
11.1.1. Market size and projections, 2015 - 2027(USD Billion)
11.1.2. Middle East & Africa Flooring market Overview, By Material, 2015 - 2027(USD Billion)
11.1.3. Middle East & Africa Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
11.1.4. Middle East & Africa Flooring market Overview, By Countries, 2015 - 2027(USD Billion)
11.1.4.1. GCC
11.1.4.1.1. Market size and projections, 2015 - 2027(USD Billion)
11.1.4.1.2. GCC Flooring market Overview, By Material, 2015 - 2027(USD Billion)
11.1.4.1.3. GCC Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
11.1.4.1.4. Market size and projections, 2015 - 2027(USD Billion)
11.1.4.1.5. South Africa Flooring market Overview, By Material, 2015 - 2027(USD Billion)
11.1.4.1.6. South Africa Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
11.1.4.2. Rest of Middle East & Africa
11.1.4.2.1. Market size and projections, 2015 - 2027(USD Billion)
11.1.4.2.2. Rest of Middle East & Africa Flooring market Overview, By Material, 2015 - 2027(USD Billion)
11.1.4.2.3. Rest of Middle East & Africa Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
Chapter 12. South America Flooring market Overview, By Countries, 2015 - 2027(USD Billion)
12.1. South America Flooring market Overview, 2015 - 2027(USD Billion)
12.1.1. Market size and projections, 2015 - 2027(USD Billion)
12.1.2. South America Flooring market Overview, By Material, 2015 - 2027(USD Billion)
12.1.3. South America Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
12.1.4. South America Flooring market Overview, By Countries, 2015- 2026(USD Billion)
12.1.5. Brazil
12.1.5.1. Market size and projections, 2015 - 2027(USD Billion)
12.1.5.2. Brazil Flooring market Overview, By Material, 2015 - 2027(USD Billion)
12.1.5.3. Brazil Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
12.1.6. Argentina
12.1.6.1. Market size and projections, 2015 - 2027(USD Billion)
12.1.6.2. Argentina Flooring market Overview, By Material, 2015 - 2027(USD Billion)
12.1.6.3. Argentina Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
12.1.7. Rest of South America
12.1.7.1. Market size and projections, 2015 – 2027
12.1.7.2. Rest of South America Flooring market Overview, By Material, 2015 - 2027(USD Billion)
12.1.7.3. Rest of South America Flooring market Overview, By End Use Industry, 2015 - 2027(USD Billion)
Chapter 13. Competitive Landscape
13.1. Competitive environment, 2020
13.2. Strategic framework
13.2.1. Partnership/agreement
13.2.2. Expansion
13.2.3. Mergers & Acquisitions
13.2.4. New product development
Chapter 14. Key Vendor Analysis
14.1. Mohawk Industries
14.1.1. Company overview
14.1.2. Financial performance
14.1.3. Product Benchmarking
14.1.4. Recent initiatives
14.1.5. SWOT analysis
14.2. Shaw Industries
14.2.1. Company overview
14.2.2. Financial performance
14.2.3. Product Benchmarking
14.2.4. Recent initiatives
14.2.5. SWOT analysis
14.3. Tarkett
14.4. Armstrong Flooring
14.5. Forbo
14.6. Others
Chapter 15. Flooring market Cost Analysis
15.1. Key Raw Materials Analysis
15.1.1. Key Raw Materials
15.1.2. Price Trend of Flooring Key Raw Materials
15.1.3. Key Suppliers of Raw Materials
15.1.4. Market Concentration Rate of Raw Materials
Chapter 16. Industrial Chain, Sourcing Strategy and Downstream Buyers
16.1. Industrial Chain Analysis
16.2. Upstream Raw Materials Sourcing
16.3. Raw Materials Sources of Flooring Major Manufacturers in 2020
16.4. Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
17.1. Marketing Channel
17.1.1. Direct Marketing
17.1.2. Indirect Marketing
17.1.3. Marketing Channel Development Trend
17.2. Market Positioning
17.2.1. Pricing Strategy
17.2.2. Brand Strategy
17.2.3. Target Client
17.3. Distributors/Traders List
Chapter 18. Market Effect Factors Analysis
18.1. Technology Progress/Risk
18.1.1. Substitutes Threat
18.1.2. Technology Progress in Related Industry
18.2. Consumer Needs/Customer Preference Change
18.3. Economic/Political Environmental Change
Chapter 19. Future Outlook of the Market
Disclaimer
List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Flooring market share, By Material, 2020 & 2027 (%)
10. Global Flooring market, by Resilient flooring, By Material, 2015 - 2027(USD Billion)
11. Global Flooring market, by Non-Resilient flooring, By Material, 2015 - 2027(USD Billion)
12. Global Flooring market share, By End Use Industry, 2020 & 2027 (%)
13. Global Flooring market, by Residential, By End Use Industry, 2015 - 2027(USD Billion)
14. Global Flooring market, by Non-Residential, By End Use Industry, 2015 - 2027(USD Billion)
15. Global Flooring market share, by region, 2020 & 2027 (%)
16. North America Flooring market, 2020 - 2027(USD Billion)
17. North America Flooring market share, by Countries, 2020 & 2027 (%)
18. U.S. Flooring market, 2020 - 2027(USD Billion)
19. Canada Flooring market, 2020 - 2027(USD Billion)
20. Europe Flooring market, 2020 - 2027(USD Billion)
21. Europe Flooring market share, by Countries, 2020 & 2027 (%)
22. Spain Flooring market, 2020 - 2027(USD Billion)
23. UK Flooring market, 2020 - 2027(USD Billion)
24. Italy Flooring market, 2020 - 2027(USD Billion)
25. Germany Flooring market, 2020 - 2027(USD Billion)
26. France Flooring market, 2020 - 2027(USD Billion)
27. Rest of Europe Flooring market, 2020 - 2027(USD Billion)
28. Asia-Pacific Flooring market, 2020 - 2027(USD Billion)
29. Asia-Pacific Flooring market share, by Countries, 2020 & 2027 (%)
30. China Flooring market, 2020 - 2027(USD Billion)
31. India Flooring market, 2020 - 2027(USD Billion)
32. Australia Flooring market, 2020 - 2027(USD Billion)
33. Japan Flooring market, 2020 - 2027(USD Billion)
34. Rest of Asia-Pacific Flooring market, 2020 - 2027(USD Billion)
35. Middle East & Africa Flooring market, 2020 - 2027(USD Billion)
36. Middle East & Africa Flooring market share, by Countries, 2020 & 2027 (%)
37. GCC Flooring market, 2020 - 2027(USD Billion)
38. South Africa Flooring market, 2020 - 2027(USD Billion)
39. Rest Of Middle East & Africa Flooring market, 2020 - 2027(USD Billion)
40. South America Flooring market, 2020 - 2027(USD Billion)
41. Brazil Flooring market, 2020 - 2027(USD Billion)
42. Mexico Flooring market, 2020 - 2027(USD Billion)
43. Argentina Flooring market, 2020 - 2027(USD Billion)
44. Rest of South America Flooring market, 2020 - 2027(USD Billion)
List of Tables
1. Impact of Market drivers
2. Impact of Market restraints
3. Global Flooring market, 2015-2027(USD Billion)
4. Global Flooring market requirement, by country, 2015-2027,(USD Billion)
5. North America Flooring market, By Material, 2015-2027(USD Billion)
6. North America Flooring market, By End Use Industry, 2015-2027(USD Billion)
7. Europe Flooring market, By Material, 2015-2027(USD Billion)
8. Europe Flooring market, By End Use Industry, 2015-2027(USD Billion)
9. Asia Pacific Flooring market, By Material, 2015-2027(USD Billion)
10. Asia Pacific Flooring market, By End Use Industry, 2015-2027(USD Billion)
11. Middle East & Africa Flooring market, By Material, 2015-2027(USD Billion)
12. Middle East & Africa Flooring market, By End Use Industry, 2015-2027(USD Billion)
13. South America Flooring market, By Material, 2015-2027(USD Billion)
14. South America Flooring market, By End Use Industry, 2015-2027(USD Billion)
15. Global Flooring market, Company Market Share, 2020 (%)
16. Mohawk Industries: Product Benchmarking
17. Mohawk Industries: Financial Performance
18. Shaw Industries: Product Benchmarking
19. Shaw Industries: Financial Performance
20. Tarkett: Product Benchmarking
21. Tarkett: Financial Performance
22. Armstrong Flooring: Product Benchmarking
23. Armstrong Flooring: Financial Performance
24. Forbo: Product Benchmarking
25. Forbo: Financial Performance
The Leading Key Players in Flooring Market
Mohawk Industries (US)
Shaw Industries (US)
Tarkett (France)
Armstrong Flooring (US)
Forbo (Switzerland)
Gerflor (France)
Interface (US)
Beaulieu International (Belgium)
TOLI Corporation (Japan)
Milliken & Company (US).
