1. Market Research
  2. > Construction
  3. > Building Products Market Trends
  4. > Flooring Market by Type, Materials, Application, & by Region - Trends & Forecasts to 2020

Flooring Market by Type, Materials, Application, & by Region - Trends & Forecasts to 2020

  • June 2015
  • -
  • MarketsandMarkets
  • -
  • 222 pages

Summary

Table of Contents

Increasing population, the rise in income & spending capacity, and the significant increase in urbanized population drive the growth of the flooring market. There are certain factors prevailing in the market that hinder its growth, namely, a severe issue of disposal of waste material generated in the manufacturing process.

Major flooring associations are emphasizing on spreading awareness about flooring, their benefits, and cost-effectiveness. They are also giving importance to the “do-it-yourself” application process, which allows the end user to apply the flooring himself, given the proper information and training. There are also some manufacturers that are associated with providing flooring training to contractors and individuals. Consulting services are also provided by manufacturers to help consumers choose the most-effective flooring for their living spaces.

The flooring market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships & expansions are the key strategies adopted by market players to ensure their growth in the market. The key players in the market are Mohawk Industries (U.S.), Shaw Industries (U.S.), Armstrong World Industries (U.S.), Tarkett (France), Forbo Corporation (Switzerland), Toli Corporation (Japan), Gerflor (France), The Dixie Group (U.S.), Interface Incorporation (U.S.), Polyflor (U.K.), and Congoleum (U.S.).

The major players in the market have a strong distribution network across the world and the financial strength to sustain them; however, the same cannot be said about the new entrants. For the flooring market, it is essential to have a strong distribution network to enable timely delivery of the product to customers, whenever needed. New entrants find it difficult to compete against established players in this regard.

The key players adopted inorganic growth strategies, such as acquisitions and partnerships & agreements to increase their scope in the market. These companies aimed at strengthening their position in the developed markets of Europe and North America and on entering the emerging flooring markets of the Asia-Pacific region and the Middle East. They invested considerably to acquire flooring businesses of local as well as established market players to reinforce their market position in the particular region.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
Commercial Flooring: North American Markets

Commercial Flooring: North American Markets

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Provide a broad understanding of the flooring market to business planners, investors and other professionals with quantifiable market measurements, as well as the markets for adjacent ...

Flooring - Global Market Outlook (2016-2022)

Flooring - Global Market Outlook (2016-2022)

  • $ 4157
  • Industry report
  • January 2017
  • by Stratistics MRC

According to Stratistics MRC, the Global Flooring market accounted for $258 billion in 2015 and it is projected to reach $367.82 Billion by 2022, growing at a CAGR of 5.2% from 2015 to 2022. Mounting demand ...

Flooring Markets in China

Flooring Markets in China

  • $ 4000
  • Industry report
  • February 2017
  • by Asia Market Information & Development Company

China’s demand for Flooring has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which ...

Flooring Companies In China

February 2017 $ 1800

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.