Resilient Flooring Market 2019 Historical Analysis, Sales Revenue, Competitive Landscape, Key Vendors and Opportunity Assessment by Forecast 2024
Global Resilient Flooring Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
pune, India – August 26, 2019 /MarketersMedia/ —
Resilient Flooring Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Product (Luxury Vinyl Tiles, Vinyl Composite Tiles, Vinyl Sheets), by Application (Residential, Commercial, Industrial), and by Region (North America, Europe, APAC, RoW) Global Industry Forecast till 2024.
The worldwide resilient flooring market has been experiencing remarkable progress over the last few years. The growth can be attributed to the expanding development of residential constructions coupled with increasing demand for green building materials across the world. The emergence of hospitality and tourism sectors as well as the surging growth of the real estate sector in developing nations such as South Korea, China, and India are estimated to drive the demand for resilient flooring. The producers who specialize in manufacturing resilient flooring extend a broad range of flooring items that are crafted from recycled raw materials and are comparatively lightweight. The rising research and development activities carried out by prominent manufacturers regarding effectual services and innovative designs has been anticipated to propel the worldwide resilient flooring market growth.
The worldwide resilient flooring market has been likely to expand at 4.3% CAGR over 2019–2024. However, the raw material prices often fluctuate. This is likely to restrict the development of the global resilient flooring market.
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Key Players
The global resilient flooring market has been dominated by key players such as Mannington Mills, Inc. (US). Mannington Mills, Inc. was founded in 1915. It is one of the key manufacturers of resilient flooring around the world. The company is located in Salem, New Jersey (USA). It is a manufacturer of commercial and residential luxury vinyl, sheet vinyl, hardwood, and laminate. Additionally, the company manufactures rubber and commercial carpet. Apart from Mannington Mills, Inc., Mohawk Industries (US) has also been holding a strong position in the resilient flooring market. Mohawk Industries is the largest marketer, manufacturer, and distributor of natural stone and ceramic tile globally. It has a wide array of products comprising porcelain, quartz, and stone roofs and floors. The other key players in the resilient flooring market include IVC Group (Belgium), NOX Corporation, Mohawk Industries (US), Nora (Germany), Shaw Floors (US), Milliken & Company (US), Novalis (US), Amtico International Limited (UK), and Unilin (Belgium).
Intended Audience:
• Raw Material Suppliers
• End Users
• Traders and Distributors
• Regulatory Bodies
Market Segmentation
The worldwide Resilient Flooring Market has been segmented based on application, region, and product. Based on application, the market has been segmented into commercial, industrial, and residential segments. In 2018, the residential segment accounted for the largest market share, which is likely to hold its position throughout 2024. The growth has been attributed to the increasing population in emerging countries, such as India, Brazil, and China. The increasing populace in turn boosts the demand for residential properties. Therefore, the residential application segment is projected to portray a consistent growth rate during the forecast period. Based on product, the resilient flooring market has been segmented into vinyl composite tiles (VCT), luxury vinyl tiles (LVT), linoleum, vinyl sheets, and others. The luxury vinyl tiles market has emerged as the prominent segment and is expected to hold the position throughout 2023. The growth is owing to the phenomenal features such as scratch & scuff resistance, easy maintenance, and water resistance which makes it the most popular choice amongst the resilient flooring makers.
Regional Analysis
Based on geography, the global resilient flooring market has been segmented into Europe, Asia-Pacific, North America, and rest of the world (RoW). Asia-Pacific was reported to hold the largest market share of around 34% in 2018. The position held by APAC has been followed by North America and Europe. These regions are anticipated to hold their positions till 2024. Besides, Asia-Pacific has been likely to experience highest growth rate in the global resilient flooring market. This growth is owing to the robust expansion of real estate sector in emerging nations such as India, South Korea, and China, which is further likely to surge the demand for resilient flooring over the upcoming years.
Scope of the Report
This study provides an overview of the global resilient flooring market, tracking two market segments across four geographic regions. The report studies key players and provides a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world (RoW). The report also provides a forecast, which focuses on the market opportunities for the next five years for each region. The scope of the study segments the global resilient flooring market by product, application, and region.
List of Tables
Table 1 Global Resilient Flooring Market, by Region, 2019–2024
Table 2 North America: Resilient Flooring Market, by Country, 2019–2024
Table 3 Europe: Resilient Flooring Market, by Country, 2019–2024
Table 4 Asia-pacific: Resilient Flooring Market, by Country, 2019–2024
Table 5 Row: Resilient Flooring Market, by Country, 2019–2024
Table 6 Global Resilient Flooring Market, by Product, by Region, 2019–2024
Table 7 North America: Resilient Flooring Market, by Product, by Country, 2019–2024
Table 8 Europe: Resilient Flooring Market, by Product, by Country, 2019–2024
Table 9 Asia-pacific: Resilient Flooring Market by Product, by Country, 2019–2024
Table 10 Row: Resilient Flooring Market by Product, by Country, 2019–2024
Continued…………
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down and Bottom-up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Resilient Flooring Market Share, by Product, 2018 (%)
Figure 9 Global Resilient Flooring Market, by Product, 2019–2024 (Usd Million)
Figure 10 Global Resilient Flooring Market Share, by Application, 2018 (%)
Continued……
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