Market Overview:
The global resilient floor covering 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 resilient flooring in commercial applications, rising disposable income, and growing awareness about the benefits of resilient flooring. The vinyl segment is expected to dominate the global resilient floor covering market during the forecast period owing to its low cost and durability. The fiberglass segment is projected to grow at a high CAGR during the forecast period as it offers resistance against fire, water, and other chemicals. In terms of application, the mass merchandisers segment is estimated to account for a major share of the global resilient floor covering market in 2018. This can be attributed to factors such as rising demand for affordable products and increasing number of retail outlets across regions.
Product Definition:
A resilient floor covering is a type of flooring that is designed to withstand heavy traffic and resist damage. Resilient flooring can be made from a variety of materials, including vinyl, rubber, linoleum, and cork. It is often used in commercial settings because it is durable and easy to clean.
Vinyl Resilient Flooring:
Vinyl resilient flooring or vinyl-based resilient floor covering is a type of flexible sheet material made from vinyl resin. It has high tensile strength and can be punctured, abraded, and cut; but as the name suggests will return to its original shape once it is bent or stressed. This makes it an ideal material for use in areas that have heavy foot traffic such as commercial buildings, shopping malls, schools and colleges etc.
Linoleum Resilient Flooring:
Linoleum resilient flooring is a type of floor covering, which is made from linseed oil, limestone and jute resin. It has high durability and strength owing to the presence of resins in its composition. The product can be used for both interior as well as exterior applications on account of its waterproof nature.
Application Insights:
The other application segment includes retail stores, mass merchandisers, specialty stores and home centers. The other applications include large retail spaces that cater to a wide range of customers from different walks of life. These spaces require resilient flooring as they are exposed to extreme weather conditions such as snow, rain and heat which results in the wear & tear of the building structure.
Resilient floor covering is beneficial for use in malls, supermarts and big box retailers where heavy foot traffic occurs frequently throughout the day. The product helps extend the life of construction by reducing moisture build-up on subflooring resulting in reduced maintenance costs over time when compared with traditional floors made from wood or concrete alone.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of e-commerce industry coupled with increasing investments in retail space is anticipated to fuel demand for resilient flooring products in this region. Moreover, growing construction spending along with rapid urbanization has resulted into increased product consumption, thereby driving the regional market growth.
The North American regional market accounted for a significant share owing to high consumer awareness regarding energy conservation and environmental protection coupled with stringent government regulations pertaining building energy efficiency standards. This factor is anticipated to hinder product demand from commercial sector which would result into sluggish growth of overall resiliency flooring industry over next eight years; however, recovery could be seen as early as 2018 due to rising number of renovation projects across various industries including education institutes, hospitals & medical centers, hotels & restaurants etc.
Growth Factors:
- Increasing demand from the construction sector: The global construction industry is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing urbanization and infrastructure development across the world. This is expected to drive the demand for resilient flooring in commercial and residential buildings, thereby driving market growth.
- Rising awareness about health benefits of resilient flooring: There is a growing awareness among consumers about the health benefits of using resilient flooring products such as vinyl, linoleum, rubber, and cork over traditional flooring materials such as wood and ceramic tiles. This is mainly due to their ability to reduce noise levels by up to 50%, which makes them ideal for use in schools, hospitals, offices, and other public places where noise pollution needs to be minimized.
- Growing popularity of eco-friendly flooring products: Resilient floor coverings made from natural materials such as bamboo or cork are becoming increasingly popular among consumers looking for environment-friendly alternatives to conventional synthetic products. These products are also known for their superior acoustic properties compared with traditional synthetic materials like PVC or linoleum sheet vinyls .
Scope Of The Report
Report Attributes
Report Details
Report Title
Resilient Floor Covering Market Research Report
By Type
Vinyl Resilient Flooring, Linoleum Resilient Flooring, Fiberglass Resilient Flooring, Cork Resilient Flooring, Rubber Resilient Flooring
By Application
Mass Merchandisers, Specialty Stores, Home Centers, E-commercial, Other
By Companies
Altro Floors, Beaulieu International Group, Dickson Constant, Forbo Flooring Systems, Gerflor SAS, Interface Inc, IVC Group, The Amtico Co, Mohawk Industries, Inc, Shaw Industries Group, Inc., Tarkett S.A
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Resilient Floor Covering Market Report Segments:
The global Resilient Floor Covering market is segmented on the basis of:
Types
Vinyl Resilient Flooring, Linoleum Resilient Flooring, Fiberglass Resilient Flooring, Cork Resilient Flooring, Rubber Resilient 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
Mass Merchandisers, Specialty Stores, Home Centers, E-commercial, Other
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:
- Altro Floors
- Beaulieu International Group
- Dickson Constant
- Forbo Flooring Systems
- Gerflor SAS
- Interface Inc
- IVC Group
- The Amtico Co
- Mohawk Industries, Inc
- Shaw Industries Group, Inc.
- Tarkett S.A
Highlights of The Resilient Floor Covering 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:
- Vinyl Resilient Flooring
- Linoleum Resilient Flooring
- Fiberglass Resilient Flooring
- Cork Resilient Flooring
- Rubber Resilient Flooring
- By Application:
- Mass Merchandisers
- Specialty Stores
- Home Centers
- E-commercial
- Other
- 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 Resilient Floor Covering 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.
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- Correctly Positioning New Products
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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?
Resilient floor covering is a type of flooring that can be easily cleaned and maintained. It is made from materials that are resistant to water, oil, and other chemicals. This makes it ideal for areas where there is a lot of traffic or where there are children who may be prone to spills.
Some of the key players operating in the resilient floor covering market are Altro Floors, Beaulieu International Group, Dickson Constant, Forbo Flooring Systems, Gerflor SAS, Interface Inc, IVC Group, The Amtico Co, Mohawk Industries, Inc, Shaw Industries Group, Inc., Tarkett S.A.
The resilient floor covering 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 Resilient Floor Covering 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 Resilient Floor Covering Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resilient Floor Covering 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 Resilient Floor Covering 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 Resilient Floor Covering Market Size & Forecast, 2020-2028
4.5.1 Resilient Floor Covering Market Size and Y-o-Y Growth
4.5.2 Resilient Floor Covering 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 Vinyl Resilient Flooring
5.2.2 Linoleum Resilient Flooring
5.2.3 Fiberglass Resilient Flooring
5.2.4 Cork Resilient Flooring
5.2.5 Rubber Resilient 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 Mass Merchandisers
6.2.2 Specialty Stores
6.2.3 Home Centers
6.2.4 E-commercial
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resilient Floor Covering 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 Resilient Floor Covering 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 Vinyl Resilient Flooring
9.6.2 Linoleum Resilient Flooring
9.6.3 Fiberglass Resilient Flooring
9.6.4 Cork Resilient Flooring
9.6.5 Rubber Resilient 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 Mass Merchandisers
9.10.2 Specialty Stores
9.10.3 Home Centers
9.10.4 E-commercial
9.10.5 Other
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 Vinyl Resilient Flooring
10.6.2 Linoleum Resilient Flooring
10.6.3 Fiberglass Resilient Flooring
10.6.4 Cork Resilient Flooring
10.6.5 Rubber Resilient 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 Mass Merchandisers
10.10.2 Specialty Stores
10.10.3 Home Centers
10.10.4 E-commercial
10.10.5 Other
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 Vinyl Resilient Flooring
11.6.2 Linoleum Resilient Flooring
11.6.3 Fiberglass Resilient Flooring
11.6.4 Cork Resilient Flooring
11.6.5 Rubber Resilient 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 Mass Merchandisers
11.10.2 Specialty Stores
11.10.3 Home Centers
11.10.4 E-commercial
11.10.5 Other
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 Vinyl Resilient Flooring
12.6.2 Linoleum Resilient Flooring
12.6.3 Fiberglass Resilient Flooring
12.6.4 Cork Resilient Flooring
12.6.5 Rubber Resilient 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 Mass Merchandisers
12.10.2 Specialty Stores
12.10.3 Home Centers
12.10.4 E-commercial
12.10.5 Other
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 Vinyl Resilient Flooring
13.6.2 Linoleum Resilient Flooring
13.6.3 Fiberglass Resilient Flooring
13.6.4 Cork Resilient Flooring
13.6.5 Rubber Resilient 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 Mass Merchandisers
13.10.2 Specialty Stores
13.10.3 Home Centers
13.10.4 E-commercial
13.10.5 Other
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 Resilient Floor Covering Market: Competitive Dashboard
14.2 Global Resilient Floor Covering Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Altro Floors
14.3.2 Beaulieu International Group
14.3.3 Dickson Constant
14.3.4 Forbo Flooring Systems
14.3.5 Gerflor SAS
14.3.6 Interface Inc
14.3.7 IVC Group
14.3.8 The Amtico Co
14.3.9 Mohawk Industries, Inc
14.3.10 Shaw Industries Group, Inc.
14.3.11 Tarkett S.A
