Image

Global Soft covering flooring Market – Industry Trends and Forecast to 2029

Chemical and Materials

Image

Global Soft covering flooring Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Soft covering flooring Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 94.68 USD Billion
Diagram Market Size (Forecast Year) USD 126.62 USD Billion
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Soft covering flooring Market, By Product Type (Broadloom Carpet, Area Rugs, Carpet Tiles), Material (Vinyl, Rubber, Linoleum), Distribution Channel (Contractors, Specialty Stores, Home Centers, Others), End-User (Residential Replacement, Commercial, Builder) – Industry Trends and Forecast to 2029.

Soft covering flooring Market

Soft covering flooring Market Analysis and Size

Over the last few years, soft covering flooring has gained popularity as a flooring material, which is majorly used in the construction industry. Soft covering flooring s widely used to increase aesthetics, interior looks in several commercial and residential structures. However, the expansion of infrastructure in several industries such as industrial automotive, healthcare, education, and the increase in homeowners and residential construction increase the market growth

Data Bridge Market Research analyses that the soft covering flooring market was valued at USD 94.68 billion in 2021 and is expected to reach USD 126.62 billion by 2029, registering a CAGR of 3.70% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Soft covering flooring Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Broadloom Carpet, Area Rugs, Carpet Tiles), Material (Vinyl, Rubber, Linoleum), Distribution Channel (Contractors, Specialty Stores, Home Centers, Others), End-User (Residential Replacement, Commercial, Builder)

Countries Covered

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, South Africa, Egypt, Israel, 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

Market Players Covered

Mohawk Industries, Inc., (U.S.), Shaw Industries Group Inc., (U.S.), Tarkett (France), Forbo Management SA (Switzerland), BASF SE (Germany), Gerflor (France), Interface Inc., (U.S.), Beaulieu International Group(Belgium), Sika India Pvt. Ltd.,  (Switzerland), Fosroc Inc., (U.K.), Dow (U.S.), Arkem S.A. (France), Ashland Inc. (U.S.), Mapei S.p.A (Italy), , MUHU (China) Construction Materials Co., Ltd., (China), Holcim (Switzerland), TOLI Corporation (Japan), SOLVAY (Belgium) and Milliken (U.S.)

Market Opportunities

  • Increase in the number of emerging markets
  • Increasing number of product innovations
  • Rise in strategic collaborations
  • Technological investment

Market Definition

A high level of elasticity categorizes soft covering flooring. Unlike hard covering flooring, soft covering flooring has a bit of give when walked on, meaning that footsteps on elastic flooring are much more lowered than on hard flooring. Soft covering flooring products include broadloom and cover tiles and mats with dust-restricting qualities. 

Global Soft covering flooring Market Dynamics

Drivers

  • High usage of soft covering flooring in residential and commercial sector

Soft covering flooring is used in both commercial and residential sector because it provides an attractive and durable flooring option. It can be installed in any room of the house, office and other areas and it comes in a several of styles and colours to suit any taste. It is also provide an easy installation, low maintenance, and long-lasting aesthetic look. These qualities make SPC flooring a popular best option for house, office, shopping malls, banks, showrooms and others are expected to drive the market growth rate.

  • Surging usage of soft covering flooring for the carpet tiles and broadloom production

Soft covering flooring manufacturers are widely involved in the manufacture of different type of products such as carpets and area rugs which such as bath mats, roll goods, carpet tiles and broadlooms among others. Broadloom and carpet tiles are soft covering floorings widely used for superior properties such as flexibility and dimensional stability. The rising demand for soft covering flooring for the manufacture of carpet tiles and broadloom is expected to drive the market's growth rate.

  • Increasing demand of soft covering flooring various industries

Emerging markets have a direct impact on the growth of the soft covering flooring market due to the global construction industry, because in this sector has the huge demand for soft covering flooring. The development of infrastructures in several sectors, such as industrial automotive, healthcare, education, and others and the development of homeowners and residential construction are expected to fuel the growth of the soft covering flooring market.

Opportunities

  • High commercial usage and tourism expansion

The growing demand for innovative styles and designs from high-end commercial applications is anticipated to boost the demand for soft covering flooring in the market. Also, the growth of the commercial replacement market is likely to promote the growth of the industry. Furthermore, expanding tourism and hospitality industries coupled with increasing investments in the real estate sector are likely to generate immense opportunities for the growth of the soft covering flooring market.

Furthermore, growing investments by major manufacturers to deliver customized product solutions in different design patterns, colors, dimensions and textures are driving the product penetration in the construction industry in upcoming future.

Restraints/ Challenges

  • Price and Availability of Raw Materials

The fluctuation in price of soft covering flooring raw materials and their availability can provide a significant challenge to soft covering flooring manufacturers, which will create difficulties for the growth of the soft covering flooring market.

Moreover, the accessibility of flooring substitutes will also act as market restraint and may hamper the growth of the soft covering flooring market during the forecast period.

This soft covering flooring 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, geographic expansions, technological innovations in the market. To gain more info on the soft covering flooring market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Soft covering flooring Market

COVID-19 is an incomparable global public health emergency which has affected almost every business, and it has long term effect which are likely to impact the growth of the industry during the forecast period. Many construction projects have been suspended due to the lockdown which is imposed by the government authorities, while others have been postponed. Several industry such as restaurants, offices, and hotels were closed due to the outbreak of coronavirus, which is leading to a negative impact of COVID 19 on the soft covering flooring market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Soft covering flooring Market Scope

The soft covering flooring market is segmented on the basis of product type, material, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Broadloom Carpet
  • Area Rugs
  • Carpet Tiles

Material

 Distribution Channel

  • Contractors
  • Specialty Stores
  • Home Centers
  • Others

End-User

  • Residential Replacement
  • Commercial
  • Builder

Soft covering flooring Market Regional Analysis/Insights

The soft covering flooring market is analysed and market size insights and trends are provided by country, product type, material, distribution channel and end-user as referenced above.

The countries covered in the soft covering flooring market report are 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, South Africa, Egypt, Israel, 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.

North America dominates the soft covering flooring market in terms of revenue and market share. This is due to the increasing number of construction activities and increasing expenditure on home in this region.

Asia-Pacific is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to the rapid urbanization and growing popularity of stylish flooring among individuals in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Soft covering flooring Market Share Analysis

The soft covering flooring 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 soft covering flooring market.

Some of the major players operating in the soft covering flooring market are:

  • Mohawk Industries, Inc., (U.S.)
  • Shaw Industries Group Inc., (U.S.)
  • Tarkett (France)
  • Forbo Management SA (Switzerland)
  • BASF SE (Germany)
  • Gerflor (France)
  • Interface Inc., (U.S.)
  • Beaulieu International Group (Belgium)
  • Sika India Pvt. Ltd., (Switzerland)
  • Fosroc Inc., (U.K.)
  • Dow (U.S.)
  • Arkem S.A. (France)
  • Ashland Inc. (U.S.)
  • Mapei S.p.A (Italy)
  • MUHU (China)
  • Construction Materials Co., Ltd., (China)
  • Holcim (Switzerland)
  • TOLI Corporation (Japan)
  • SOLVAY (Belgium)
  • Milliken (U.S.)

 


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in 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 price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market 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 (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The Soft covering flooring Market is projected to grow at a CAGR of 3.70% during the forecast period by 2029.
The future market value of the Soft covering flooring Market is expected to reach USD 126.62 billion by 2029.
The major players in the Soft covering flooring Market are Mohawk Industries, Inc., (U.S.), Shaw Industries Group Inc., (U.S.), Tarkett (France), Forbo Management SA (Switzerland), BASF SE (Germany), Gerflor (France), Interface Inc., (U.S.), Beaulieu International Group(Belgium), Sika India Pvt. Ltd., (Switzerland), etc.
The countries covered in the Soft covering flooring Market are 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, etc.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials