Market Overview:
The global flooring market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flooring in residential and non-residential applications. Carpets & rugs are the most commonly used type of flooring and are expected to dominate the market during the forecast period. However, resilient flooring is projected to grow at a higher CAGR owing to its growing popularity among consumers due to its durability and low maintenance requirements.
Product Definition:
Flooring is a type of construction material used to cover the floor of a structure. Flooring is often made from wood, stone, or concrete, and may be finished with a variety of materials including carpet, tile, vinyl or linoleum.
Carpets & Rugs:
Carpets and rugs are floor coverings that are made up of natural or synthetic fibers, which are used to provide protection to the floors from scratches, scuffs and damage. Carpets also serve as a protective covering for the floor in commercial places such as shopping malls, showrooms and stores. The carpets can be classified into various types based on their construction including looped carpeting, needlepoint carpeting and cut-pile carpeting among others.
Resilient (Vinyl, Cork, Linoleum, Rubber, Resin):
Resilient flooring is a type of resilient flooring that uses flexible materials such as vinyl, linoleum, and cork among others. The materials are laid on the surface to provide an even and wear-resistant finish. These products are used in commercial applications such as offices, showrooms, retail outlets among others owing to their excellent shock absorption properties along with high durability.
Application Insights:
The global flooring market is segmented by application into residential and non-residential. The non-residential segment held the largest share of more than 60% in 2017. Growing demand for vinyl, cork, linoleum and rubber resilient floors; increasing construction spending in emerging economies such as India, China, Brazil; favorable government policies promoting development of new commercial spaces are some of the key factors driving the growth of this segment over the forecast period.
The residential sector is expected to be one of the fastest growing segments owing to rising consumer disposable income coupled with improvement in economic conditions across various regions including Asia Pacific and Middle East & Africa where a significant number of homes are being constructed every year. This growth has generated increased demand for flooring materials that resist moisture damage from kitchen spills or humidity exposure during rains which usually occurs during winters months.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing flooring installations in residential as well as non-residential buildings. Increasing construction activities, coupled with growing population, are some of the factors that are projected to drive regional demand for flooring products over the forecast period.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in terms of revenue in 2017 owing to high product adoption across households and commercial spaces such as hotels, restaurants, malls etc. In addition, rising investments from foreign companies along with favorable government policies aimed at promoting tourism is likely to boost commercial construction activities thereby driving product demand further.
North America also held a significant share due North American Flooring Market (NAMFM) being one of the most influential markets globally pertaining carpet & rug types.
Growth Factors:
- Increasing demand for flooring in the residential sector as a result of growth in population and rising income levels.
- Rapid urbanization, which is leading to an increase in the construction of new homes and renovation of existing ones, is also fueling demand for flooring products.
- The increasing popularity of hardwood floors, especially among high-end home buyers, is propelling the growth of the global flooring market.
- Rising awareness about the benefits of using eco-friendly flooring materials is encouraging consumers to switch to sustainable options such as bamboo and cork floors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flooring Market Research Report
By Type
Carpets & Rugs, Resilient (Vinyl, Cork, Linoleum, Rubber, Resin), Non-resilient (Ceramic, Stone, Wood, Laminate)
By Application
Residential, Non-residential
By Companies
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)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Flooring Market Report Segments:
The global Flooring market is segmented on the basis of:
Types
Carpets & Rugs, Resilient (Vinyl, Cork, Linoleum, Rubber, Resin), Non-resilient (Ceramic, Stone, Wood, Laminate)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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)
Highlights of The Flooring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carpets & Rugs
- Resilient (Vinyl, Cork, Linoleum, Rubber, Resin)
- Non-resilient (Ceramic, Stone, Wood, Laminate)
- By Application:
- Residential
- Non-residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flooring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flooring is the surface of a room or hallway that is covered with carpet, tile, wood, or other flooring material.
Some of the key players operating in the flooring market are 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).
The flooring market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flooring Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flooring Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flooring Market - Supply Chain
4.5. Global Flooring Market Forecast
4.5.1. Flooring Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flooring Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flooring Market Absolute $ Opportunity
5. Global Flooring Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flooring Market Size and Volume Forecast by Type
5.3.1. Carpets & Rugs
5.3.2. Resilient (Vinyl, Cork, Linoleum, Rubber, Resin)
5.3.3. Non-resilient (Ceramic, Stone, Wood, Laminate)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flooring Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flooring Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Non-residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flooring Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flooring Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flooring Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flooring Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flooring Demand Share Forecast, 2019-2026
9. North America Flooring Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flooring Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flooring Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Non-residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flooring Market Size and Volume Forecast by Type
9.7.1. Carpets & Rugs
9.7.2. Resilient (Vinyl, Cork, Linoleum, Rubber, Resin)
9.7.3. Non-resilient (Ceramic, Stone, Wood, Laminate)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flooring Demand Share Forecast, 2019-2026
10. Latin America Flooring Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flooring Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flooring Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Non-residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flooring Market Size and Volume Forecast by Type
10.7.1. Carpets & Rugs
10.7.2. Resilient (Vinyl, Cork, Linoleum, Rubber, Resin)
10.7.3. Non-resilient (Ceramic, Stone, Wood, Laminate)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flooring Demand Share Forecast, 2019-2026
11. Europe Flooring Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flooring Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flooring Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Non-residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flooring Market Size and Volume Forecast by Type
11.7.1. Carpets & Rugs
11.7.2. Resilient (Vinyl, Cork, Linoleum, Rubber, Resin)
11.7.3. Non-resilient (Ceramic, Stone, Wood, Laminate)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Counry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flooring Demand Share, 2019-2026
12. Asia Pacific Flooring Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flooring Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flooring Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Non-residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flooring Market Size and Volume Forecast by Type
12.7.1. Carpets & Rugs
12.7.2. Resilient (Vinyl, Cork, Linoleum, Rubber, Resin)
12.7.3. Non-resilient (Ceramic, Stone, Wood, Laminate)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flooring Demand Share, 2019-2026
13. Middle East & Africa Flooring Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flooring Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flooring Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Non-residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flooring Market Size and Volume Forecast by Type
13.7.1. Carpets & Rugs
13.7.2. Resilient (Vinyl, Cork, Linoleum, Rubber, Resin)
13.7.3. Non-resilient (Ceramic, Stone, Wood, Laminate)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flooring Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flooring Market: Market Share Analysis
14.2. Flooring Distributors and Customers
14.3. Flooring Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mohawk Industries (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shaw Industries (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tarkett (France)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Armstrong Flooring (US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Forbo (Switzerland)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gerflor (France)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Interface (US)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beaulieu International (Belgium)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TOLI Corporation (Japan)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Milliken & Company (US)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook