Global Sports Flooring Market, By Type (Rubber Flooring, PVC Flooring, Wood Flooring, Artificial Turf Flooring, Polyurethane Flooring, and Polypropylene Flooring), Application (Indoor and Outdoor), Sports (Gym, Basketball, Badminton, Tennis, Football, Dance and Aerobic Studio, Track and Field, Volleyball, and Others), End-Use (Commercial and Residential), Construction Type (Renovate/Maintained and New Construction), Sales Channel (Direct Sales and Sports Outlet) - Industry Trends and Forecast to 2030.
Sports Flooring Market Analysis and Size
The global sports flooring market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyzes that the market is growing with a CAGR of 4.6% in the forecast period of 2023 to 2030 and is expected to reach USD 19,093.06 million by 2030. The major factors driving the market growth are the growing popularity of sports activities and rising awareness of health concerns and fitness.
Sports flooring involves specialized flooring solutions made for athletic and sporting events. There are many types of sports flooring, including rubber, hardwood, and synthetic materials. Basketball courts frequently have hardwood sports flooring installed because it provides great ball bounce and player traction and is frequently made of maple or oak. PVC or vinyl synthetic sports flooring is adaptable and can be tailored to different sports activities. Popular for indoor tracks, weightlifting areas, and aerobic studios is rubber sports flooring, which is known for its shock-absorbing qualities.
The global sports flooring market report provides details of market share, new developments, and the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Year |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Million |
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Segments Covered |
By Type (Rubber Flooring, PVC Flooring, Wood Flooring, Artificial Turf Flooring, Polyurethane Flooring, and Polypropylene Flooring), Application (Indoor and Outdoor), Sports (Gym, Basketball, Badminton, Tennis, Football, Dance and Aerobic Studio, Track and Field, Volleyball, and Others), End-Use (Commercial and Residential), Construction Type (Renovate/Maintained and New Construction), Sales Channel (Direct Sales and Sports Outlet) |
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Countries Covered |
U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, Rest of Europe, China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, U.A.E., Saudi Arabia, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America |
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Market Players Covered |
Junckers Industrier A/S, Hebei Boker New Material Tech Co., FAB FLOORINGS INDIA, FLEXCOURT, Sika AG, Tarkett, Sunzone Corporation, Costa Sports Systems Pvt. Ltd., Gerflor, Forbo Flooring Systems, EPI Group, Horner Sports Flooring., Asian Flooring India Private Limited, INDIANA SPORTS INFRA, King Arthur Industries Co., Ltd., SnapSports, CONICA AG, KLIKFLEX FLOORING, Rephouse Ltd, LX Hausys, Frogg Sports Infrs Pvt. Ltd, AMAZING FLOORS, Abacus Sports, Hamberger Industriewerke GmbH, SHREEJI WOODCRAFT, KTL SPORTS FLOORING, Ecore International, and KTR International among others |
Market Definition
Sports flooring involves specialized flooring solutions made for athletic and sporting events. These flooring options take into account elements such as shock absorption, traction, and ball bounce as they are engineered to offer safety, performance, durability, and comfort for athletes. Indoor sports facilities such as gyms, arenas, multipurpose halls, and fitness centers frequently have sports flooring installed.
Global Sports Flooring Market Dynamics
DRIVERS
- Rising Awareness of Health Concerns and Fitness
The population as a whole is becoming remarkably more aware of health issues and physical fitness. People are actively looking for ways to improve their general well-being as they become more aware of the negative effects of a sedentary lifestyle. People are prioritizing regular physical activity and embracing healthier lifestyles as a result of this growing awareness, which has caused a significant change in consumer behavior. The development of the market is significantly fueled by people's growing awareness of health issues and fitness. There is an increasing need for appropriate sports flooring options as people become more aware of the value of living an active lifestyle and participating in regular physical activities.
The increasing prevalence of chronic diseases related to inactivity and poor fitness has further fueled the urgency for individuals to take proactive measures to maintain their health.
- Growing Women's Participation in Various Sports Activities
The global sports flooring market is growing as a result of the increasing number of women participating in different sports activities such as badminton and basketball among others. Women are now much more engaged and active in sports than ever before, taking part in everything from amateur sports to well-known competitions. This surge in women's sports participation has created a demand for specialized sports flooring solutions that cater to their specific needs and requirements.
The growth of women's sports has been aided by the emergence of new leagues and competitions and by developed media attention and sponsorship opportunities. Women of all ages are now more encouraged to participate in sports and give their physical fitness a high priority as a result of this increased visibility and recognition.
As more and more women break down barriers and succeed in a variety of sports disciplines, the significance of providing suitable facilities and infrastructure to support their athletic endeavors is becoming increasingly understood. By providing features such as shock absorption, impact resistance, and ideal traction, sports flooring plays a critical role in ensuring the safety, performance, and comfort of female athletes.
Thus, the rising participation of women in a variety of sports is a key factor driving the market growth. The need for specialized flooring products catered to the requirements of female athletes has sparked industry innovation and growth. Businesses in the sports flooring industry have the chance to benefit from the growing popularity of women's sports by providing high-quality flooring products that are tailored to their particular needs.
- Rising Concern Towards Athlete Safety and Performance
There is a growing emphasis on providing safe and conducive environments for athletes to maximize their performance while minimizing the risk of injuries. Athletes, coaches, and sports facility managers are actively looking for cutting-edge solutions to reduce these risks due to growing awareness of the potential long-term health effects of sports-related injuries. Sports flooring is essential in providing an encouraging and safeguarding surface for athletes, helping to deflect impact, offer traction, and lessen the possibility of trips, slips, and falls.
In addition, another important key factor fueling the expansion of the market is the desire for better athletic performance. Teams and athletes work hard to produce their best performance, and the quality of the playing surface can have a big impact on how well they perform. Athletes are better able to demonstrate their abilities and realize their full potential on sports flooring that offers the best grip, stability, and uniform ball bounce.
The increased use of cutting-edge flooring systems in stadiums, training facilities, and other sporting venues around the world is boosting market growth. For various sports, including basketball, soccer, tennis, and volleyball, there are now flooring options that are specifically designed to meet the needs of that particular sport.
The importance of athlete performance and safety is also being acknowledged by the governing bodies and organizations in charge of sports regulations and standards, which has led to the inclusion of specific guidelines for sports flooring in their rules. This increases the need for solutions for compliant sports flooring.
OPPORTUNITIES
- Growing Sports Infrastructure in Emerging Countries
One of the key requirements for sports facilities is high-quality sports flooring that offers performance, safety, and durability. This creates a favorable environment for the growth of the global sports flooring market.
As emerging economies experience economic growth and social development, there is an increasing focus on sports and recreational activities. This has led to a surge in the construction and renovation of sports facilities such as stadiums, arenas, sports complexes, and indoor sports halls.
Moreover, the construction of multipurpose sports facilities in emerging countries adds to the market opportunity. These facilities cater to a range of sports and recreational activities, such as basketball, volleyball, tennis, and indoor soccer. Versatile sports flooring systems that can accommodate multiple sports become crucial for these venues, driving the demand for adaptable and durable sports flooring materials.
Developing countries such as China, Brazil, and France are increasingly hosting international sports events such as regional championships, international tournaments, and major sporting events. This necessitates the construction or renovation of sports facilities with appropriate sports flooring. The demand for high-quality flooring solutions rises, providing a significant opportunity for market players.
With the growth of sports infrastructure, there is a rise in sports participation among the population in emerging countries. This includes both amateur and professional athletes who require suitable sports flooring for training and competitions, further driving the demand for sports flooring solutions.
The rising demand for sports facilities, regional and international events, professional sports leagues, multipurpose venues, and health promotion all contribute to the increasing need for high-quality sports flooring solutions. Hence, creating ample opportunities for market growth in the near future.
- Government Taking Initiatives to Promote the Sports Activities
The government in developing economies is taking initiatives and making investments to develop sports infrastructure for promoting sports and healthy lifestyles. These initiatives drive the demand for sports flooring solutions, creating opportunities for market players to provide their products and services.
When governments prioritize and invest in sports development, it creates a favorable environment for the growth of sports infrastructure, leading to increased demand for sports flooring solutions.
Firstly, governments often allocate budgets and resources to construct and upgrade sports facilities, including indoor and outdoor sports arenas, stadiums, and community recreation centers. The increased investment in sports infrastructure directly fuels the demand for sports flooring materials.
Governments worldwide are increasingly focusing on promoting health and wellness. They launch campaigns to encourage physical activity, including sports participation. As a result, there is a growing demand for sports facilities and proper flooring systems that provide safe and favorable environments for exercise. Developing countries are also emphasizing sustainability in sports infrastructure. They encourage the use of eco-friendly and energy-efficient materials, including sports flooring.
Hence, government funding and subsidies for sports clubs, academies, and educational institutions are expected to boost market growth. Financial support enables these organizations to upgrade their facilities, including investing in quality sports flooring. Manufacturers and suppliers can collaborate with these institutions to provide tailored flooring solutions that meet their specific requirements, leading to increased business opportunities.
RESTRAINTS/CHALLENGES
- Dependency on Skilled Labor and Limits Availability of Workforce
Sports flooring installation requires specialized skills and knowledge. It is essential to have trained professionals who understand the intricacies of proper installation techniques, surface preparation, and adhesive application. However, there may be a shortage of skilled labor with expertise in sports flooring installation, which can hinder the timely and efficient completion of projects.
Skilled labor plays a crucial role in ensuring that the flooring is correctly installed, including proper leveling, line markings, and seamless finishes. Limited availability of skilled workers can lead to a compromise in quality control, potentially resulting in poor installations and customer dissatisfaction.
When skilled labor is in high demand but limited supply, it often drives up labor costs. Manufacturers and contractors may need to offer competitive salaries and benefits to attract and retain skilled workers. Higher labor costs can impact project budgets and overall profitability, making it challenging to maintain competitive pricing in the market.
The availability of skilled labor can vary significantly across regions and countries. Some regions may have a more robust pool of skilled workers, while others may face acute shortages. This can create disparities in the quality and accessibility of sports flooring installation services, impacting market growth and customer satisfaction.
In conclusion, the dependency on skilled labor and the limited availability of a qualified workforce is expected to pose a challenge to market growth. These challenges can lead to issues related to installation expertise, quality control, project delays, increased labor costs, and regional disparities. Addressing these challenges requires industry collaboration, investment in training programs, and strategic workforce planning to ensure the availability of skilled labor and support market growth.
- High Installation and Purchase Costs
The cost of purchase and installation is a major barrier for the market. Businesses in this industry face tough obstacles as a result of the costs related to purchasing and installing sports flooring systems. High-quality sports flooring materials and equipment can be expensive up front, and expert installation can be quite expensive as well.
Potential buyers may be put off by these exorbitant prices, especially smaller sports facilities, educational institutions, and community centers with tight budgets. The cost of purchasing sports flooring solutions acts as a barrier to the market's potential growth. In addition, ongoing costs for maintenance and repairs raise the total cost of ownership and tighten the restrictions.
Products such as maple wooden floorings and other premium flooring products used in sports facilities have huge maintenance and installation costs.
Furthermore, the installation process of sports flooring typically requires professional expertise, specialized equipment, and meticulous attention to detail. These factors add to the overall installation costs, making it a significant consideration for potential buyers. The need for professional installation services can further limit the market's growth, especially for organizations with limited resources or those seeking cost-effective solutions.
In addition, sports flooring is often more expensive than conventional flooring options due to its specialized nature, which must adhere to strict safety and performance standards. The higher costs are a result of the requirement for cutting-edge materials, engineering, and manufacturing methods to guarantee ideal shock absorption, traction, and durability.
Therefore, the high installation and purchase costs are expected to restrain market growth globally. By addressing these limitations with affordable solutions and adaptable financing options, it may be possible to open up new growth prospects and broaden the market's appeal.
Recent Developments
- In April 2023, the company declared the release of six new maple designs. These Taraflex designs are incredibly lifelike and replicate our Connor maple strips while simulating the most prestigious flooring in the NBA. This kind of product launch will help the company to gain a competitive edge in the market
- In July 2023, Tarkett launched PureGrain, a breakthrough that is slated to completely alter the landscape of sporting fields. This ground-breaking product, made from maize cobs, not only represents a big step towards a greener future, but it also offers great performance for athletes of all skill levels. This kind of product launch has helped the company to broaden its product portfolio and gain a new consumer base
Global Sports Flooring Market Scope
The global sports flooring market is segmented into six notable segments based on type, application, sports, end-use, construction type, and sales channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Rubber Flooring
- PVC Flooring
- Wood Flooring
- Artificial Turf Flooring
- Polyurethane Flooring
- Polypropylene Flooring
On the basis of type, the market is segmented into rubber flooring, PVC flooring, wood flooring, artificial turf flooring, polyurethane flooring, and polypropylene flooring.
Application
- Indoor
- Outdoor
On the basis of application, the market is segmented into indoor and outdoor.
Sports
- Gym
- Basketball
- Badminton
- Tennis
- Football
- Dance and Aerobic Studio
- Track and Field
- Volleyball
- Others
On the basis of sports, the market is segmented into gym, basketball, badminton, tennis, football, dance and aerobic studio, track and field, volleyball, and others.
End-Use
- Commercial
- Residential
On the basis of end-use, the market is segmented into commercial and residential.
Construction Type
- Renovate/Maintained
- New Construction
On the basis of construction type, the market is segmented into renovate/maintained and new construction.
Sales Channel
- Direct Sales
- Sports Outlet
On the basis of sales channel, the market is segmented into direct sales and sports outlet.
Global Sports Flooring Market Regional Analysis/Insights
The global sports flooring market is segmented on the basis of type, application, sports, end-use, construction type, and sales channel.
The countries covered in this market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, Rest of Europe, China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, U.A.E., Saudi Arabia, Egypt, Israel, and Rest of Middle East and Africa.
North America is expected to dominate the global sports flooring market in terms of market share and market revenue due to the growing awareness of health concerns and fitness. Rising concern towards athlete safety and performance also contributes to the market growth. The U.S. is expected to dominate the North America region in terms of market share and market revenue due to the increasing number of women participating in different sports activities such as badminton and basketball among others. Germany is expected to dominate the Europe region in terms of market share and market revenue due to a growing emphasis on providing safe and conducive environments for athletes to maximize their performance while minimizing the risk of injuries. China is expected to dominate the Asia-Pacific region in terms of market share and market revenue because people are actively looking for ways to improve their general well-being as they become more aware of the negative effects of a sedentary lifestyle.
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 point downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Sports Flooring Market Share Analysis
The global sports flooring market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the market.
Some of the major market players operating in the global sports flooring market are Junckers Industrier A/S, Hebei Boker New Material Tech Co., FAB FLOORINGS INDIA, FLEXCOURT, Sika AG, Tarkett, Sunzone Corporation, Costa Sports Systems Pvt. Ltd., Gerflor, Forbo Flooring Systems, EPI Group, Horner Sports Flooring., Asian Flooring India Private Limited, INDIANA SPORTS INFRA, King Arthur Industries Co., Ltd., SnapSports, CONICA AG, KLIKFLEX FLOORING, Rephouse Ltd, LX Hausys, Frogg Sports Infrs Pvt. Ltd, AMAZING FLOORS, Abacus Sports, Hamberger Industriewerke GmbH, SHREEJI WOODCRAFT, KTL SPORTS FLOORING, Ecore International, and KTR International among others.
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