North America Flooring Materials Market, By Materials (Floor Base Material, Floor Covering Material, Under Mount Material), Flooring Type (Carpet & Rugs, Tiles, PVC/Vinyl, Wood, Concrete, Brick, Glass, Terrazzo, Mosaic, Cork, Linoleum, Rubber, Stone, Acid Resisting, Magnesite, Others), Installation (Retrofitting, New Installation), Application (Residential, Commercial, Institutional), Country (U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa)-Industry Trends and Forecast to 2028
Market Analysis and Insights : North America Flooring Materials Market
The flooring materials market is expected to witness market growth at a rate of 5.1% in the forecast period of 2021 to 2028. Data Bridge Market Research report on flooring materials 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 rise in the investments in the construction industry is escalating the growth of flooring materials market.
Flooring materials are the horizontal elements of a residential building that provide support to the building infrastructures. The type of flooring can be differentiated into flooring base material, floor covering material and under mount material.
Major factors that are expected to boost the growth of the flooring materials market in the forecast period are the rise in the population and rapid urbanization. Furthermore, the rise in the number of renovation and remodelling activities and rapid industrialization is further anticipated to propel the growth of the flooring materials market. On the other hand, the unstable raw material expenses, rise in the health and environmental concerns is further projected to impede the growth of the flooring materials market in the timeline period.
In addition, the rise in the organized retail sector and the increasing demand from advanced countries will further provide potential opportunities for the growth of the flooring materials market in the coming years. However, the dearth of standards conflicts with specifications and product performance might further challenge the growth of the flooring materials market in the near future.
This flooring materials market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 the flooring materials market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
North America Flooring Materials Market Scope and Market Size
The flooring materials market is segmented on the basis of 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 material, the flooring materials market is segmented into carpets, tiles, vinyl and rubber, wood and other.
- On the basis of type, the flooring materials market is segmented into soft covering, resilient, non-resilient and others.
- On the basis of application, the flooring materials market is segmented into healthcare, education, hospitality, retail and sports.
North America Flooring Materials Market Country Level Analysis
The flooring materials market is analyzed, and market size, volume information is provided by country, material, type and application as referenced above.
The countries covered in the flooring materials market report are the U.S., Canada and Mexico in North America.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact 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, downstream and upstream value chain analysis are some of the major 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 North America Flooring Materials Market Share Analysis
The flooring materials market competitive landscape provides details by a 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 the flooring materials market.
The major players covered in the flooring materials market report are Boral, CSR Limited, Sika AG, Saint-Gobain, 3M, Johns Manville, Milliken, Interface, Inc., Shaw Industries Group, Inc., Arabian Tile Company Ltd. – ARTIC, Kajaria Ceramics Limited, MOHAWK INDUSTRIES, INC., Tarkett, Owens Corning, Fletcher Building, TAMKO Building Products LLC, SCG, The Euclid Chemical Company, Liberty Industries, Synetik, ARDEX Group and Q.E.P. Co., Inc., among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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