Market Overview:
The global leather flooring market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for luxury flooring and rising disposable income of consumers. Synthetic leather flooring is expected to grow at a higher rate than natural leather flooring during the forecast period, owing to its low maintenance and durability properties. In terms of applications, household segment is expected to dominate the market during the forecast period, followed by commercial and others segments.
Product Definition:
Leather flooring is a type of flooring made from animal hide. It is often used in high-end homes and commercial spaces because of its durability and luxurious look.
Natural Flooring:
Natural flooring is a product made from natural materials such as wood, linoleum and cork. Natural floorings are available in various colors and textures. The most common types of natural floors include vinyl tiles, ceramic tiles, porcelain tiles and stone slabs.
Synthesis Flooring:
Synthesis flooring is a type of engineered wood that is manufactured by combining different species of hardwood and softwood veneers. The end-product has uniformity, strength, durability, and appearance like natural wood; however it can be produced in any shape or size as per the requirement. Synthesis flooring also called as artificial or faux wood is widely used in residential applications such as laminated timber and engineered timber for aesthetic purposes.
Application Insights:
The household application segment accounted for the largest share of more than 60.0% in 2017. The rising purchasing power of the middle-class population in countries, such as China and India, is expected to be a key factor driving the demand for leather flooring at homes over the forecast period. In addition, increasing spending on home remodeling activities is anticipated to further drive product demand in this segment over the coming years.
Commercial application was one of the fastest-growing segments with a CAGR exceeding 8% from 2018 to 2030 owing to increased construction spending by businesses across various regions including North America.
The others segment includes government buildings public transportation buses etc., where natural or synthetic products are not preferred due these applications require waterproofing treatments before installation of any floor covering materials including leather floors which are non-porous and resistant against stain liquids etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing construction activities in these countries are anticipated to fuel product demand in the coming years. In addition, rapid urbanization has resulted in an increased number of commercial buildings across Asia Pacific as well as other developing nations of Africa.
North America accounted for a significant share of revenue owing to growing consumer awareness regarding sustainable building materials coupled with stringent government regulations pertaining Leather Flooring Market By Application (Household, Commercial) And By Region (Europe U.S.
Growth Factors:
- Increasing demand for luxury flooring: The global luxury flooring market is expected to grow at a CAGR of 7.5% from 2017 to 2025. This is mainly due to the increasing demand for high-end and luxurious flooring options among homeowners and businesses alike. Leather flooring is considered as one of the most luxurious flooring options available in the market, which is likely to drive its growth in the coming years.
- Rising disposable income: A key factor driving the growth of leather flooring market is rising disposable income across developing countries such as China, India, Brazil, etc. This has led to an increase in spending on luxury items such as high-end furniture and home décor products including leather floors.
- Growing popularity of eco-friendly products: There has been a growing trend towards using eco-friendly or sustainable products across different industries in recent years. Leather floors are made from natural materials that can be recycled or reused after their lifetime making them environmentally friendly alternatives to other types of floors such as vinyl or laminate floors which often contain harmful chemicals and plastics .This growing trend is likely to fuel demand for leather floors in the coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Leather Flooring Market Research Report
By Type
Natural Flooring, Synthesis Flooring
By Application
Household, Commercial, Others
By Companies
Armstrong, Bruce Flooring, Balterio Laminate Flooring, Beaulieu International Group (BerryAlloc), Classen Group, Egger Group, Formica Group, Faus, Kronoflooring, Kaindl Flooring, Mohawk Industries, Shaw Industries, Greenply Industries
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Leather Flooring Market Report Segments:
The global Leather Flooring market is segmented on the basis of:
Types
Natural Flooring, Synthesis 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
Household, Commercial, 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:
- Armstrong
- Bruce Flooring
- Balterio Laminate Flooring
- Beaulieu International Group (BerryAlloc)
- Classen Group
- Egger Group
- Formica Group
- Faus
- Kronoflooring
- Kaindl Flooring
- Mohawk Industries
- Shaw Industries
- Greenply Industries
Highlights of The Leather 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 Flooring
- Synthesis Flooring
- By Application:
- Household
- Commercial
- 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 Leather 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
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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?
Leather flooring is a type of flooring made from the skin, hair, and hide of animals. It is often considered to be one of the most luxurious types of flooring available.
Some of the major players in the leather flooring market are Armstrong, Bruce Flooring, Balterio Laminate Flooring, Beaulieu International Group (BerryAlloc), Classen Group, Egger Group, Formica Group, Faus, Kronoflooring, Kaindl Flooring, Mohawk Industries, Shaw Industries, Greenply Industries.
The leather flooring market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Leather 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. Leather Flooring Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Leather Flooring Market - Supply Chain
4.5. Global Leather Flooring Market Forecast
4.5.1. Leather Flooring Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Leather Flooring Market Size (000 Units) and Y-o-Y Growth
4.5.3. Leather Flooring Market Absolute $ Opportunity
5. Global Leather 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. Leather Flooring Market Size and Volume Forecast by Type
5.3.1. Natural Flooring
5.3.2. Synthesis Flooring
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Leather 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. Leather Flooring Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Leather 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. Leather 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 Leather 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. Leather 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 Leather Flooring Demand Share Forecast, 2019-2026
9. North America Leather 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 Leather 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 Leather Flooring Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Leather Flooring Market Size and Volume Forecast by Type
9.7.1. Natural Flooring
9.7.2. Synthesis Flooring
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 Leather Flooring Demand Share Forecast, 2019-2026
10. Latin America Leather 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 Leather 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 Leather Flooring Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Leather Flooring Market Size and Volume Forecast by Type
10.7.1. Natural Flooring
10.7.2. Synthesis Flooring
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 Leather Flooring Demand Share Forecast, 2019-2026
11. Europe Leather 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 Leather 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 Leather Flooring Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Leather Flooring Market Size and Volume Forecast by Type
11.7.1. Natural Flooring
11.7.2. Synthesis Flooring
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 Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Leather Flooring Demand Share, 2019-2026
12. Asia Pacific Leather 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 Leather 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 Leather Flooring Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Leather Flooring Market Size and Volume Forecast by Type
12.7.1. Natural Flooring
12.7.2. Synthesis Flooring
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 Leather Flooring Demand Share, 2019-2026
13. Middle East & Africa Leather 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 Leather 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 Leather Flooring Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Leather Flooring Market Size and Volume Forecast by Type
13.7.1. Natural Flooring
13.7.2. Synthesis Flooring
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 Leather Flooring Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Leather Flooring Market: Market Share Analysis
14.2. Leather Flooring Distributors and Customers
14.3. Leather Flooring Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Armstrong
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bruce Flooring
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Balterio Laminate Flooring
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Beaulieu International Group (BerryAlloc)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Classen Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Egger Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Formica Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Faus
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kronoflooring
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kaindl Flooring
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mohawk Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shaw Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Greenply Industries
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
