WPC (wood plastic composite), a new entrant in global flooring arena has gained significant traction due to its distinct advantages. Both, LVT and WPC has been the major growth engine of the industry since pat couple of years. Overall, resilient flooring posted astonishing growth in sales in the year 2016. The report ?Global Flooring Market - Focus on Resilient Flooring (LVT, Sheet Vinyl & WPC) Market Outlook 2022? provides an in-depth analysis of global flooring market and resilient flooring market. The demand for flooring materials has been forecast both in terms of volume and value for the period 2017-22.
Geographically, the market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and CIS in the report. The report provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various market specific growth opportunities at the global and regional level. The report has been segmented as following:-
Market Coverage
? Global Flooring Market
? Commercial Flooring Market
? Resilient Flooring Market
? LVT Market
? Sheet Vinyl Market
? WPC
Market Segmentation by Region/Country
? North America
? The US
? Asia Pacific
? Europe
? Middle East & Africa
? Latin America
? CIS
Key Vendors
? Interface, Inc.
? Mohawk Industries, Inc.
? Shaw Industries Group, Inc.
Floor covering or flooring refers to top construction materials for covering the subfloor using floor products such as carpet, ceramic, laminate, vinyl, etc. The choice of flooring material is based on various parameters such as cost, endurance, noise insulation, comfort and cleaning effort. Depending on end-user such as residential buildings, commercial buildings, and industrial areas, vast varieties of basic and ornamental flooring materials are available in the market. Flooring industry has been broadly segmented into Carpet & Rugs, Ceramics, Hardwood, Laminate and Resilient Tiles.
The ?Global Flooring Market - Focus on Resilient Flooring (LVT, Sheet Vinyl & WPC) Market Outlook 2022? report, presents detailed market segmentation of the global flooring market by type - Commercial Flooring, Resilient Flooring - LVT, Sheet Vinyl and WPC; by end-use application; and by region. Ceramics are the most dominant flooring category in global as well as regional markets such as Asia Pacific, Europe, Latin America and Middle East & Africa. On the contrary, Carpet tile enjoys highest popularity in the North America region.
Growth of global flooring industry has been fueled by surge in construction industry, rising infrastructure spending globally and focus on aesthetics imparted by various floor type. However, major factors restraining growth of global flooring industry dearth of quality installers, private level imports seen in hardwood and environmental impact associated with use of textile flooring such as carpets.
In the report, flooring market assessment is done across major markets such as North America, Asia Pacific, Europe, Latin America, Middle East & Africa and CIS. North America is the world?s largest flooring market. At present, it is characterized as a replacement market. It is followed by EMEA and Asia Pacific at second and third position. In-depth analysis of the industry in the aforementioned regions is done on the basis of market volume and market share by product category.
Global flooring industry is dominated by market players such as Interface Inc., Mohawk Industries Inc., Shaw Industries Group Inc., Tarkett Group, Armstrong Flooring, among others. Interface Inc., Mohawk Industries Inc. and Shaw Industries Group Inc. are profiled herein based on attributes such as business overview, product segments, financial and business strategies. The report also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global flooring and resilient flooring market.