Market Overview:
The global homogeneous flooring market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for homogeneous flooring in residential and commercial applications. Polyurethane flooring is expected to be the fastest-growing type of homogeneous flooring during the forecast period, followed by vinyl flooring. North America is expected to be the largest regional market for homogeneous flooring during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A homogeneous floor is one that is made from a single material throughout. This can be important for a number of reasons, including creating a level surface, ensuring that the flooring will be easy to clean and maintain, and creating an overall uniform look in the space.
Polyurethane Flooring:
Polyurethane (PU) is a polymer, which is manufactured by the catalytic reaction of an organic compound with hydrogen. The most commonly used raw materials for manufacturing PU include terephthalic acid (TPA), ethylene glycol, and water. Polyurethane flooring products are available in various colors and shapes; they can be installed on both horizontal and vertical surfaces such as concrete floors, wood floors or overgrown natural timber.
Vinyl Flooring:
Vinyl flooring is a type of resilient floor covering, which consists of polyvinyl chloride. It has high resistance to chemicals, solvents and water making it suitable for use in kitchens, bathrooms and other wet areas. Vinyl floors can be textured or non-textured as per the application requirement. The product comes with a lifespan ranging from 20 to 50 years depending upon the quality and usage area along with proper care such as maintenance cleaning with waterless dry shampoo etc.
Application Insights:
The commercial application segment dominated the global market with a revenue share of over 60% in 2017. Rising construction activities in the hospitality sector on account of increasing tourism are expected to drive product demand for commercial applications. Increasing infrastructural development activities across the globe coupled with rising number of hotels is anticipated to further propel market growth over the forecast period.
Vinyl floorings have high durability and are cost-effective as compared to their counterparts, such as wood or tiles, which makes them suitable for use in high traffic areas such as restaurants, retail stores and airports. Vinyl floorings offer resistance against moisture which aids its adoption in bathrooms & wet rooms where there is heavy usage owing to its characteristics such as ease of cleaning and maintenance along with aesthetic appeal offered by these products when installed correctly underlayment required for proper installation can be purchased seperately thereby offering flexibility regarding choice of underlayment materials resulting into increased product consumption overall.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing construction of residential buildings, commercial complexes, and industrial plants across emerging economies such as China, India, Indonesia among others. Rising demand for high-quality flooring solutions from consumers and manufacturers coupled with growing investments in infrastructural development are some of the major factors driving regional growth.
The Middle East & Africa region is projected to witness significant growth over the next eight years owing to rising construction activities driven by rapid urbanization along with increasing government spending on infrastructure projects such as airports terminals buildings bridges & causeways dams tunnels & subways which will propel product demand across this region.
Growth Factors:
- Increasing demand for luxury and high-end homes: The global market for homogeneous flooring is expected to grow at a CAGR of more than 5% during the forecast period. This can be attributed to the increasing demand for luxury and high-end homes, which in turn is boosting the demand for premium flooring options such as homogeneous flooring.
- Rising disposable income of consumers: Another key growth driver for this market is the rising disposable income of consumers, especially in developing countries such as China and India. This is resulting in an increase in spending on home improvement projects, including installation of premium flooring options like homogeneous floors.
- Growing popularity of minimalist design: Homogeneous floors are becoming increasingly popular due to their minimalist design that lends a sleek and modern look to any space. This growing popularity is helping to drive the market growth globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Homogeneous Flooring Market Research Report
By Type
Polyurethane Flooring, Vinyl Flooring, Others
By Application
Residential, Commercial
By Companies
Armstrong Flooring, Tarkett, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Armstrong Flooring, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Homogeneous Flooring Market Report Segments:
The global Homogeneous Flooring market is segmented on the basis of:
Types
Polyurethane Flooring, Vinyl Flooring, Others
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, Commercial
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:
- Armstrong Flooring
- Tarkett
- Mohawk
- Mannington Mills
- Congoleum
- Gerflor
- Forbo
- Shaw Floors
- Metroflor
- Karndean
- Armstrong Flooring
- LG Hausys
- Milliken
- NOX Corporation
- Novalis
- Polyflor
Highlights of The Homogeneous 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:
- Polyurethane Flooring
- Vinyl Flooring
- Others
- By Application:
- Residential
- Commercial
- 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 Homogeneous 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
- Business Expansion Strategies
- 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?
A homogeneous flooring is a type of flooring that is made up of the same material throughout its entire surface. This type of flooring is typically less expensive than other types, but it may not be as durable.
Some of the major players in the homogeneous flooring market are Armstrong Flooring, Tarkett, Mohawk, Mannington Mills, Congoleum, Gerflor, Forbo, Shaw Floors, Metroflor, Karndean, Armstrong Flooring, LG Hausys, Milliken, NOX Corporation, Novalis, Polyflor.
The homogeneous flooring market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Homogeneous Flooring Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Homogeneous Flooring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Homogeneous Flooring Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Homogeneous Flooring Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Homogeneous Flooring Market Size & Forecast, 2018-2028
4.5.1 Homogeneous Flooring Market Size and Y-o-Y Growth
4.5.2 Homogeneous Flooring Market Absolute $ Opportunity
Chapter 5 Global Homogeneous Flooring Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Homogeneous Flooring Market Size Forecast by Type
5.2.1 Polyurethane Flooring
5.2.2 Vinyl Flooring
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Homogeneous Flooring Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Homogeneous Flooring Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Homogeneous Flooring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Homogeneous Flooring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Homogeneous Flooring Analysis and Forecast
9.1 Introduction
9.2 North America Homogeneous Flooring Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Homogeneous Flooring Market Size Forecast by Type
9.6.1 Polyurethane Flooring
9.6.2 Vinyl Flooring
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Homogeneous Flooring Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Homogeneous Flooring Analysis and Forecast
10.1 Introduction
10.2 Europe Homogeneous Flooring Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Homogeneous Flooring Market Size Forecast by Type
10.6.1 Polyurethane Flooring
10.6.2 Vinyl Flooring
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Homogeneous Flooring Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Homogeneous Flooring Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Homogeneous Flooring Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Homogeneous Flooring Market Size Forecast by Type
11.6.1 Polyurethane Flooring
11.6.2 Vinyl Flooring
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Homogeneous Flooring Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Homogeneous Flooring Analysis and Forecast
12.1 Introduction
12.2 Latin America Homogeneous Flooring Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Homogeneous Flooring Market Size Forecast by Type
12.6.1 Polyurethane Flooring
12.6.2 Vinyl Flooring
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Homogeneous Flooring Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Homogeneous Flooring Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Homogeneous Flooring Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Homogeneous Flooring Market Size Forecast by Type
13.6.1 Polyurethane Flooring
13.6.2 Vinyl Flooring
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Homogeneous Flooring Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Homogeneous Flooring Market: Competitive Dashboard
14.2 Global Homogeneous Flooring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armstrong Flooring
14.3.2 Tarkett
14.3.3 Mohawk
14.3.4 Mannington Mills
14.3.5 Congoleum
14.3.6 Gerflor
14.3.7 Forbo
14.3.8 Shaw Floors
14.3.9 Metroflor
14.3.10 Karndean
14.3.11 Armstrong Flooring
14.3.12 LG Hausys
14.3.13 Milliken
14.3.14 NOX Corporation
14.3.15 Novalis
14.3.16 Polyflor
