Global Flooring and Carpets Market, Flooring By Type (Carpets, Rugs, Artificial Grass, Carpet Tiles, Vinyl Flooring, Laminate Parquet Flooring), Material Type (Polypropylene, Nylon, Polyester, Others), Application (Residential, Commercial Offices, Retail, Hospitality, Healthcare and Hospitals, Educational Institutes, Automotive, Industrial, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The flooring and carpets market is expected to witness market growth at a rate of 5.90% in the forecast period of 2021 to 2028 and is expected to reach USD 965.59 million by 2028. Data Bridge Market Research report on flooring and carpets market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of construction sector is escalating the growth of flooring and carpets market.
Carpet refers to a soft floor covering made by bounding carpet fibers or stapled fibers which are used to cover floors. These types of floor covering are extensively used indoors and can be used in both high and low traffic areas.
The rise in the investments in construction sector across the globe, acts as one of the major factors driving the growth of flooring and carpets market. The increase in demand for the flooring from various industries such as automotive, industrial, aviation, marine and sports sectors and increase in the government investments in renovation of airports, government buildings as well as hospitals accelerate the market growth. The increase in the need for comfort and privacy among consumers because of noisier surroundings and concerns have encouraged manufacturers to use chemical additives in order to obtain anti-microbial, anti-fungal, flame and noise-proofing characteristics further influence the market. Additionally, growing demand form hospitality and tourism needs along with various developments in commercial, residential, industrial and retail infrastructure, emerging innovations, rise in disposable income, changing lifestyle and urbanization positively affect the flooring and carpets market. Furthermore, development of eco-efficient solutions such as cost-effective manufacturing techniques and customized flooring products, new and innovative printing methods extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the waste disposal, logistics and recycling is expected to obstruct the market growth. The negative impact of COVID-19 and presence of stringent regulations are projected to challenge the flooring and carpets market in the forecast period of 2021-2028.
This flooring and carpets market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on flooring and carpets market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Flooring and Carpets Market Scope and Market Size
The flooring and carpets market is segmented on the basis of flooring type, material type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of flooring type, the flooring and carpets market is segmented into carpets, rugs, artificial grass, carpet tiles, vinyl flooring and laminate parquet flooring. Carpets are further segmented into tufting and woven. Rugs are further segmented into accent rugs, area rugs and other rugs.
- On the basis of material type, the flooring and carpets market is segmented into polypropylene, nylon, polyester and others.
- On the basis of application, the flooring and carpets market is segmented into residential, commercial offices, retail, hospitality, healthcare and hospitals, educational institutes, automotive, industrial and others.
Global Flooring and Carpets Market Country Level Analysis
The flooring and carpets market is analyzed and market size, volume information is provided by country, flooring type, material type and application as referenced above.
The countries covered in the global flooring and carpets market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the flooring and carpets market because of rise in demand for flooring from emerging economies, such as China and India and government support within the region. North America is expected to witness significant growth during the forecast period of 2021 to 2028 because of the well-established construction industry in the U.S. and Canada and increase in the demand for single-family houses in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flooring and Carpets Market Share Analysis
The flooring and carpets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flooring and carpets market.
The major players covered in the flooring and carpets market report are MOHAWK INDUSTRIES, INC., Interface, Inc., Beaulieu International Group, Tarkett., Balta Industries nv., Shaw Industries Group, Inc., Al Sorayai, Forbo Management SA, AWI Licensing LLC, Gerflor DLW GmbH, ORIENTAL WEAVERS, AIIC., t Polyflor Ltd, Brintons Carpets Limited., Milliken & Company., Betap., Saint-Gobain, 3M, Johns Manville, and Shaw Industries Group, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Flooring and Carpets Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.