Description
Report Description
Introduction
Flooring is the covering of a floor permanently. The term also explains about the finished material that is applied over the floor structure so as to provide a walking surface. Different material are used for covering the floor. The market is driven by various factors such as growing construction industry, introduction of new trends and technological advancements. The flooring market has various constraints that hinder the market such as growing environmental concern.
Flooring market is segmented on the basis of type that includes soft covering, resilient, non- resilient, and others. The study indicates, Soft Covering segment accounted for the largest market share of 35.80% in 2016. On the basis of material, market can be segmented into carpets, tiles, vinyl & rubber, wood, and others. The study indicates, carpets accounted for the largest market share with a market value of USD 43.2 billion in 2016. Furthermore, on the basis of application, the market has been segmented into residential, commercial, and industrial. Residential segment accounted for the highest CAGR of 4.40% during the forecast period.
The global flooring market was valued at USD 121.4 billion in the year 2016, which is expected to reach USD 161.4 billion by the end of the forecast period growing at 4.25% CAGR.
Key Players
The key players of global flooring market includes RPM International Inc., Mohawk Industries, Inc., Tarkett Group, Armstrong World Industries, Inc, Shaw Industries Group Inc, Forbo Group, Nature Home Holding Company Limited, Mannington Mills Inc., Beaulieu America, and Interface Inc.
Objective of Global Flooring Market Analysis & Forecast, from 2017 to 2023
• To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Flooring market
• To provide insights about factors affecting the market growth
• To analyze the global flooring market based on various tools such as Value Chain Analysis, and Porter’s Five Force Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by type, material, application and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the flooring market
Target Audience
• Flooring manufacturers
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
Key Findings
• The global flooring market is expected to reach USD 161.4 billion by 2023.
• By Type, soft covering segment in flooring market accounts for the largest market share and is growing with approximately ~4.65% CAGR during forecast period.
• By material, carpets segment in flooring market accounts for the largest market share and is growing with approximately ~4.39% CAGR during forecast period
• By application, residential segment in flooring market accounts for the largest market share and is growing with approximately ~4.40% CAGR during forecast period
• Geographically, Asia-Pacific accounted for the largest share in global flooring market followed by Europe region, while Asia-Pacific region is projected to grow at the highest CAGR of 4.50%
Regional and Country Analysis of global flooring market Estimation and Forecast
The global Flooring market is expected to grow at a promising rate during the forecast period. Asia-Pacific is projected to have the largest share in global flooring market. The main driving factors in the Asia-Pacific region include growth in spending capacity, rising urbanized population, and increase in industrialization. Europe is expected to be the second largest growing region in flooring market. The growth of Europe flooring market can be attributed to a sudden rise in the residential replacement activities. In addition, increasing awareness of the benefits of using eco-friendly materials in floor covering manufacturing is also expected to open new opportunities for market growth in coming years.
The reports also cover country level analysis:
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
o Rest of the Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Rest of the World
o South America
o Middle East & Africa
Table of Contents
1 Executive Summary 12
2 Introduction 14
2.1 Definition 14
2.1 Scope of the Study 14
2.2 Assumptions 14
2.3 Market Structure 15
3 Research Methodology 16
3.1 Research Process 16
3.2 Primary Research 16
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 19
4 Market Dynamics 20
4.1 Drivers 20
4.1.1 Growing Construction Industry 20
4.1.2 Introduction of New Trends 21
4.1.3 Technological Advancements 21
4.2 Restraint 22
4.2.1 Enviornmental Concerns 22
4.3 Opportunities 22
4.3.1 Growing Number of Building Renovations and Remodelling Projects 22
4.3.2 Investment in Commercial Real Estate 22
4.4 Challenges 22
4.4.1 Effective Disposal of Flooring Waste 22
4.4.2 Expensive Installations 23
5 Market Factor Analysis 24
5.1 Porter’s Five Forces Analysis 24
5.1.1 Threat of New Entrants 24
5.1.2 Bargaining Power of Suppliers 25
5.1.3 Bargaining Power of Buyers 25
5.1.4 Threat of Substitutes 25
5.1.5 Rivalry 25
5.2 Value Chain Analysis 26
6 Global Flooring Market, By Type 27
6.1 Overview 28
6.1.1 Soft covering 29
6.1.2 Resilient 29
6.1.3 Non-resilient 29
6.1.4 Others 29
7 Global Flooring Market, By Material 30
7.1 Overview 31
7.1.1 Carpets 33
7.1.2 Tiles 33
7.1.3 Vinyl & Rubber 33
7.1.4 Wood 33
7.1.5 Other 33
8 Global Flooring Market, By Application 34
8.1 Overview 35
8.1.1 Residential 36
8.1.2 Commercial 36
8.1.3 Industrial 36
9 Global Flooring Market, By Region 37
9.1 Introduction 38
9.2 North America 39
9.2.1 U.S. 42
9.2.2 Canada 44
9.3 Europe 46
9.3.1 Germany 49
9.3.2 U.K. 51
9.3.3 France 53
9.3.4 Italy 55
9.3.5 Rest of Europe 57
9.4 Asia-Pacific 59
9.4.1 China 62
9.4.2 Japan 64
9.4.3 India 66
9.4.4 Rest of Asia-Pacific 68
9.5 Rest of the World 70
9.5.1 Middle East & Africa 73
9.5.2 South America 75
10 Competitive Scenario 78
10.1 Competitive Landscape 78
10.1.1 Expansion 79
10.1.2 New Product Development 80
10.1.3 Partnership and Collaboration 81
10.1.4 Merger and Acquisition 81
11 Company Profiles 83
11.1 RPM International Inc. 83
11.1.1 Company Overview 83
11.1.2 Financial Overview 84
11.1.3 Product/Service Offering 85
11.1.4 Strategy 86
11.1.5 SWOT Analysis 87
11.2 Mohawk Industries, Inc. 88
11.2.1 Company Overview 88
11.2.2 Financial Overview 88
11.2.3 Product/Service Offering 89
11.2.4 Strategy 89
11.2.5 SWOT Analysis 90
11.3 Tarkett Group 91
11.3.1 Company Overview 91
11.3.2 Financial Overview 91
11.3.3 Product/Service Offering 92
11.3.4 Strategy 93
11.3.5 SWOT Analysis 94
11.4 Armstrong World Industries, Inc 95
11.4.1 Company Overview 95
11.4.2 Financial Overview 95
11.4.3 Product/Service Offering 96
11.4.4 SWOT Analysis 97
11.5 Shaw Industries Group Inc 98
11.5.1 Company Overview 98
11.5.2 Financial Overview 98
11.5.3 Product/Service Offering 99
11.5.4 Strategy 99
11.5.5 SWOT Analysis 100
11.6 Forbo Group 101
11.6.1 Company Overview 101
11.6.2 Financial Overview 101
11.6.3 Product/Service Offering 102
11.7 Nature Home Holding Company Limited 103
11.7.1 Company Overview 103
11.7.2 Financial Overview 103
11.7.3 Product/Service Offering 104
11.8 Mannington Mills Inc. 105
11.8.1 Company Overview 105
11.8.2 Financial Overview 105
11.8.3 Product/Service Offering 105
11.8.4 Strategy 106
11.9 Beaulieu America 107
11.9.1 Company Overview 107
11.9.2 Financial Overview 107
11.9.3 Product/Service Offerings 107
11.9.4 Strategy 107
11.10 Interface Inc. 108
11.10.1 Company Overview 108
11.10.2 Financial Overview 108
11.10.3 Product/Service Offering 109
11.10.4 Strategy 109
List of Tables
TABLE 1 MARKET SYNOPSIS 13
TABLE 2 GLOBAL FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 28
TABLE 3 GLOBAL FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 32
TABLE 4 GLOBAL FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 36
TABLE 5 GLOBAL FLOORING MARKET, BY REGION, 2015-2023 (USD BILLION) 39
TABLE 6 NORTH AMERICA: FLOORING MARKET, BY COUNTRY, 2015-2023 (USD BILLION) 40
TABLE 7 NORTH AMERICA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 41
TABLE 8 NORTH AMERICA: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 41
TABLE 9 NORTH AMERICA: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 42
TABLE 10 U.S.: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 43
TABLE 11 U.S.: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 44
TABLE 12 CANADA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 45
TABLE 13 CANADA: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 45
TABLE 14 CANADA: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 46
TABLE 15 EUROPE: FLOORING MARKET, BY COUNTRY, 2015-2023 (USD BILLION) 47
TABLE 16 EUROPE: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 47
TABLE 17 EUROPE: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 48
TABLE 18 EUROPE: FLOORING MARKET SIZE, BY MATERIAL, 2015-2023 (USD BILLION) 48
TABLE 19 EUROPE: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 49
TABLE 20 GERMANY: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 50
TABLE 21 GERMANY: FLOORING MARKET SIZE, BY MATERIAL, 2015-2023 (USD BILLION) 50
TABLE 22 GERMANY: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 51
TABLE 23 U.K.: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 52
TABLE 24 U.K.: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 52
TABLE 25 U.K.: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 53
TABLE 26 FRANCE: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 54
TABLE 27 FRANCE: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 54
TABLE 28 FRANCE: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 55
TABLE 29 ITALY: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 56
TABLE 30 ITALY: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 56
TABLE 31 ITALY: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 57
TABLE 32 REST OF EUROPE: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 58
TABLE 33 REST OF EUROPE: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 58
TABLE 34 REST OF EUROPE: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 59
TABLE 35 ASIA-PACIFIC: FLOORING MARKET, BY COUNTRY, 2015-2023 (USD BILLION) 60
TABLE 36 ASIA-PACIFIC: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 61
TABLE 37 ASIA-PACIFIC: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 61
TABLE 38 ASIA-PACIFIC: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 62
TABLE 39 CHINA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 62
TABLE 40 CHINA: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 63
TABLE 41 CHINA: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 64
TABLE 42 JAPAN: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 65
TABLE 43 JAPAN: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 65
TABLE 44 JAPAN: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 66
TABLE 45 INDIA FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 67
TABLE 46 INDIA: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 67
TABLE 47 INDIA: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 68
TABLE 48 REST OF ASIA-PACIFIC: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 69
TABLE 49 REST OF ASIA-PACIFIC: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 69
TABLE 50 REST OF ASIA-PACIFIC: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 70
TABLE 51 ROW: FLOORING MARKET, BY COUNTRY, 2015-2023 (USD BILLION) 71
TABLE 52 ROW: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 72
TABLE 53 ROW: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 72
TABLE 54 ROW: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 73
TABLE 55 MIDDLE EAST & AFRICA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 74
TABLE 56 MIDDLE EAST & AFRICA: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 74
TABLE 57 MIDDLE EAST & AFRICA: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 75
TABLE 58 SOUTH AMERICA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 76
TABLE 59 SOUTH AMERICA: FLOORING MARKET, BY MATERIAL, 2015-2023 (USD BILLION) 76
TABLE 60 SOUTH AMERICA: FLOORING MARKET, BY APPLICATION, 2015-2023 (USD BILLION) 77
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR 16
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 18
FIGURE 3 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF GLOBAL FLOORING MARKET 20
FIGURE 4 TOTAL SPENDING IN THE PUBLIC NON-RESIDENTIAL CONSTRUCTION INDUSTRY, 2014-2016 (USD) 21
FIGURE 5 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL FLOORING MARKET 24
FIGURE 6 GLOBAL FLOORING MARKET, BY TYPE, 2016 (% SHARE) 28
FIGURE 7 GLOBAL FLOORING MARKET, BY TYPE, 2015 – 2023 (USD BILLION) 28
FIGURE 8 GLOBAL FLOORING MARKET, BY MATERIAL, 2016 (% SHARE) 31
FIGURE 9 GLOBAL FLOORING MARKET, BY MATERIAL, 2015 – 2023 (USD BILLION) 32
FIGURE 10 GLOBAL FLOORING MARKET, BY APPLICATION, 2016 (% SHARE) 35
FIGURE 11 GLOBAL FLOORING MARKET, BY APPLICATION, 2015 – 2023 (USD BILLION) 35
FIGURE 12 GLOBAL FLOORING MARKET SHARE, BY REGION, 2016 (% SHARE) 38
FIGURE 13 GLOBAL FLOORING MARKET, BY REGION, 2015-2023 (USD BILLION) 38
FIGURE 14 NORTH AMERICA: FLOORING MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 39
FIGURE 15 NORTH AMERICA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 40
FIGURE 16 U.S.: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 42
FIGURE 17 U.S.: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 43
FIGURE 18 CANADA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 44
FIGURE 19 EUROPE: FLOORING MARKET, BY COUNTRY, 2016 (% SHARE) 46
FIGURE 20 GERMANY: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 49
FIGURE 21 U.K.: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 51
FIGURE 22 FRANCE: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 53
FIGURE 23 ITALY: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 55
FIGURE 24 REST OF EUROPE: FLOORING MARKET, BY TYPE, 2016-2023 (USD BILLION) 57
FIGURE 25 ASIA-PACIFIC: FLOORING MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 59
FIGURE 26 ASIA-PACIFIC: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 60
FIGURE 27 CHINA: FLOORING MARKET, BY TYPE, 2015-2023(USD BILLION) 62
FIGURE 28 JAPAN: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 64
FIGURE 29 INDIA: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 66
FIGURE 30 REST OF ASIA-PACIFIC: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 68
FIGURE 31 ROW: FLOORING MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 70
FIGURE 32 ROW: FLOORING MARKET, BY TYPE, 2015-2023 (USD BILLION) 71
FIGURE 33 MIDDLE EAST & AFRICA: FLOORING MARKET, BY TYPE, 2015- 2023 (USD BILLION) 73
FIGURE 34 SOUTH AMERICA: FLOORING MARKET, BY TYPE, 2015-2023(USD BILLION) 75
FIGURE 35 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL FLOORING MARKET, 2014-2016, (%) 78
FIGURE 36 EXPANSION: % SHARE BY KEY PLAYERS, 2014-2016, (% SHARE) 79
FIGURE 37 NEW PRODUCT DEVELOPMENT: % SHARE, BY KEY PLAYERS, 2014-2016 80
FIGURE 38 PARTNERSHIP AND COLLABORATION: % SHARE, BY KEY PLAYERS, 2014-2016 81
FIGURE 39 MERGER AND ACQUISITION: % SHARE, BY KEY PLAYERS, 2014-2016 81
FIGURE 40 RPM INTERNATIONAL INC: TOTAL REVENUE VS SEGMENTAL REVENUE (INDUSTRIAL SEGMENT) 84
FIGURE 41 RPM INTERNATIONAL INC: GEOGRAPHIC REVENUE MIX, 2015 (%) 84
FIGURE 42 RPM INTERNATIONAL INC: KEY DEVELOPMENTS, 2014-2016 (%) 86
FIGURE 43 RPM INTERNATIONAL INC: SWOT ANALYSIS 87
FIGURE 44 MOHAWK INDUSTRIES, INC.: TOTAL REVENUE VS SEGMENTAL REVENUE (GLOBAL CERAMIC, FLOORING NA AND FLOORING ROW) 88
FIGURE 45 MOHAWK INDUSTRIES, INC.: GEOGRAPHIC REVENUE MIX, 2016 (%) 89
FIGURE 46 MOHAWK INDUSTRIES, INC.: KEY DEVELOPMENTS, 2014-2016 (%) 90
FIGURE 47 MOHAWK INDUSTRIES, INC: SWOT ANALYSIS 90
FIGURE 48 TARKETT GROUP: TOTAL REVENUE VS SEGMENTAL REVENUE (EMEA, NORTH AMERICA, CIS, APAC AND LATIN AMERICA, AND SPORTS SURFACES) 91
FIGURE 49 TARKETT GROUP: GEOGRAPHIC REVENUE MIX, 2016 (%) 92
FIGURE 50 TARKETT GROUP: KEY DEVELOPMENTS, 2014-2016 (%) 94
FIGURE 51 TARKETT GROUP: SWOT ANALYSIS 94
FIGURE 52 ARMSTRONG WORLD INDUSTRIES, INC: TOTAL REVENUE VS SEGMENTAL REVENUE (RESILIENT FLOORING AND WOOD FLOORING) 95
FIGURE 53 ARMSTRONG WORLD INDUSTRIES, INC: GEOGRAPHICAL REVENUE MIX, 2015 (% SHARE) 96
FIGURE 54 ARMSTRONG WORLD INDUSTRIES, INC: SWOT ANALYSIS 97
FIGURE 55 SHAW INDUSTRIES GROUP INC: TOTAL REVENUE VS SEGMENTAL REVENUE (BUILDING PRODUCTS) 98
FIGURE 56 SHAW INDUSTRIES GROUP, INC: KEY DEVELOPMENTS, 2014-2016 (IN %) 99
FIGURE 57 SHAW INDUSTRIES GROUP, INC: SWOT ANALYSIS 100
FIGURE 58 FORBO GROUP: TOTAL REVENUE 101
FIGURE 59 FORBO GROUP: GEOGRAPHIC REVENUE MIX, 2016 (%) 102
FIGURE 60 NATURE HOME HOLDING COMPANY LIMITED: TOTAL REVENUE VS SEGMENTAL REVENUE (ACCESS EQUIPMENT) 103
FIGURE 61 NATURE HOME HOLDING COMPANY LIMITED: GEOGRAPHIC REVENUE MIX, 2016 (%) 104
FIGURE 62 MANNINGTON MILLS INC: KEY DEVELOPMENTS, 2014-2016 (IN %) 106
FIGURE 63 INTERFACE INC: TOTAL REVENUE 108
FIGURE 64 INTERFACE INC: GEOGRAPHIC REVENUE MIX, 2015 (IN %) 109
FIGURE 65 INTERFACE INC: KEY DEVELOPMENTS, 2014-2016 (IN %) 109
