Market Overview:
The global residential cork 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 eco-friendly flooring options and the growing popularity of cork as a flooring material. The global residential cork flooring market can be segmented on the basis of type into natural cork flooring and colorful cork flooring. The natural cork segment is expected to account for a larger share of the global residential cork flooring market than the colorful cork segment during the forecast period. This can be attributed to its properties such as thermal insulation, noise insulation, and resistance to fire, which make it an attractive option for use in homes. On the basis of application, the global residential Cork Floorings Market can be divided into bedroom, living room, and others segments.
Product Definition:
Residential cork flooring is a type of flooring that is made from cork, a natural material. Cork is made from the bark of the cork oak tree. The bark is stripped from the tree and then it is boiled to remove the sap. The bark is then dried and cut into small pieces. These pieces are glued together to form a sheet of cork flooring. Residential cork flooring has many benefits over other types of flooring materials, such as vinyl or linoleum. Cork floors are very durable and can last for many years with proper care. They are also resistant to water and moisture, making them ideal for use in kitchens and bathrooms.
Natural Cork Flooring:
Natural cork flooring is manufactured from the bark of the Cork Oak tree, which is a type of oak. The natural cork flooring market size spans across Europe, North America, and Asia Pacific. The growth factor for this market is increasing consumer awareness regarding eco-friendly products coupled with rising disposable income in major economies such as U.S., Germany, China and India among others.
Colorful Cork Flooring:
Cork flooring is a material made from the bark of the Cork Oak tree. The cork flooring has high demand in European countries including Germany, France, and Italy on account of its natural look and feel. In addition, it is also used as an alternative to wood floors on account of being naturally durable & eco-friendly.
Application Insights:
The others application segment includes kitchen, bathroom and other miscellaneous applications. The demand for residential cork floorings in the kitchen is expected to witness growth owing to its superior properties including ease of cleaning, water resistance and antimicrobial agent protection. Cork flooring is also used in bathrooms on account of its antibacterial agent protection which results in longer product life along with easy cleaning ability.
Cork flooring has been gaining popularity as an alternative solution to vinyl or rubberized floors due to their natural look and feel coupled with superior durability, comfortability and cost-effectiveness over the past few years. This trend will continue during the forecast period as well owing to benefits such as ease of installation, less dust particles created while walking on it/them, better sound insulation resulting in a more comfortable environment for living spaces compared from when using other materials such as ceramic tiles or hardwood plywood etc.
Regional Analysis:
Europe dominated the global market in 2017 owing to growing popularity of cork flooring in countries, such as U.K., Germany, and Spain. Moreover, increasing number of renovation projects are expected to drive the regional product demand over the forecast period. North America is projected to witness significant growth due to rising awareness regarding sustainable construction products coupled with availability of a wide range of designs and patterns for natural cork floorings. Asia Pacific is anticipated to register fastest CAGR from 2018 to 2030 on account of rapid urbanization resulting in increased construction activities across various economies including China and India.
The market for residential corks is highly fragmented due its small size; however it has potential growth opportunities especially in developing regions such as Middle East & Africa where there has been an increase focus on infrastructural development by governments across major economies including Saudi Arabia.
Growth Factors:
- Increasing demand for eco-friendly and sustainable flooring options
- Growing popularity of open-concept homes and remodeling projects
- Rising disposable income among homeowners in developed countries
- Advances in manufacturing technology that improve product quality and durability
- Increased awareness of the health benefits associated with cork flooring
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Cork Flooring Market Research Report
By Type
Natural Cork Flooring, Colorful Cork Flooring
By Application
Bedroom, Living Room, Others
By Companies
Amorim, Corksribas, USFloors, Granorte, MJO Cork, Home Legend, We Cork, Zandur, Expanko, Capri cork, Globus Cork, Jelinek Cork Group, RCC Flooring, DuroDesign, Wicanders
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Residential Cork Flooring Market Report Segments:
The global Residential Cork Flooring market is segmented on the basis of:
Types
Natural Cork Flooring, Colorful Cork Flooring
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
Bedroom, Living Room, Others
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:
- Amorim
- Corksribas
- USFloors
- Granorte
- MJO Cork
- Home Legend
- We Cork
- Zandur
- Expanko
- Capri cork
- Globus Cork
- Jelinek Cork Group
- RCC Flooring
- DuroDesign
- Wicanders
Highlights of The Residential Cork 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:
- Natural Cork Flooring
- Colorful Cork Flooring
- By Application:
- Bedroom
- Living Room
- Others
- 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 Residential Cork 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?
Residential cork flooring is a type of flooring made from compressed Cork. Cork is a natural product that comes from the bark of the cork oak tree. The bark is dried and then shredded into small pieces. These pieces are then heated until they become a soft, flexible material. The material is then shaped into sheets and cut to size.
Some of the key players operating in the residential cork flooring market are Amorim, Corksribas, USFloors, Granorte, MJO Cork, Home Legend, We Cork, Zandur, Expanko, Capri cork, Globus Cork, Jelinek Cork Group, RCC Flooring, DuroDesign, Wicanders.
The residential cork 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 Residential Cork 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 Residential Cork Flooring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Cork 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 Residential Cork 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 Residential Cork Flooring Market Size & Forecast, 2020-2028
4.5.1 Residential Cork Flooring Market Size and Y-o-Y Growth
4.5.2 Residential Cork Flooring Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Natural Cork Flooring
5.2.2 Colorful Cork Flooring
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Bedroom
6.2.2 Living Room
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Cork 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 Residential Cork 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Natural Cork Flooring
9.6.2 Colorful Cork Flooring
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 Market Size Forecast by Applications
9.10.1 Bedroom
9.10.2 Living Room
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Natural Cork Flooring
10.6.2 Colorful Cork Flooring
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 Market Size Forecast by Applications
10.10.1 Bedroom
10.10.2 Living Room
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Natural Cork Flooring
11.6.2 Colorful Cork Flooring
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 Market Size Forecast by Applications
11.10.1 Bedroom
11.10.2 Living Room
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Natural Cork Flooring
12.6.2 Colorful Cork Flooring
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 Market Size Forecast by Applications
12.10.1 Bedroom
12.10.2 Living Room
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Natural Cork Flooring
13.6.2 Colorful Cork Flooring
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) Market Size Forecast by Applications
13.10.1 Bedroom
13.10.2 Living Room
13.10.3 Others
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 Residential Cork Flooring Market: Competitive Dashboard
14.2 Global Residential Cork Flooring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amorim
14.3.2 Corksribas
14.3.3 USFloors
14.3.4 Granorte
14.3.5 MJO Cork
14.3.6 Home Legend
14.3.7 We Cork
14.3.8 Zandur
14.3.9 Expanko
14.3.10 Capri cork
14.3.11 Globus Cork
14.3.12 Jelinek Cork Group
14.3.13 RCC Flooring
14.3.14 DuroDesign
14.3.15 Wicanders
