The demand for hard surface flooring is predicted to increase in the years to come across many regions. This is because of the rebound in residential improvements, housing completions, and repair expenditures. Recession in building construction projects had affected the global demand for hard surface flooring. However, the recovery of the building construction market from the recession has benefited the market. Advancements in the construction spending have also assisted the growth of the global hard surface flooring market. Currently, the residential construction market is driven by revolutions in the global housing industry, which is one of the major factor expected to propel the global hard surface flooring market.
Earlier, preference was given to rugs and carpets, but today the preference is for hard surface floorings. This is because hard surface floorings are more durable and visually pleasing. The demand for hard surface flooring is expected to increase not only from the residential market but also from the non-residential sectors such as offices, commercial buildings, and industries. This is expected to further propel the global demand for hard surface floorings. Factors such as longer durability and minimum maintenance have increased the popularity of hard surface floorings than the carpets and rugs. The non-residential market is supporting the global hard surface flooring market’s growth in a big way.
Based on product type, the global hard surface flooring market is classified into resilient flooring and non-resilient flooring. The report focuses on key companies operating in the global hard surface flooring market. For a competitive analysis, the report had divided the global market into many segments and sub-segments. The research briefs readers about the changing trends and dynamics in the market. It uses SWOT analysis and graphics to better study the strengths, weaknesses, opportunities, and threats of the market. Analysts use a forward-looking perspective to study the global hard surface flooring market.
Overview of the Hard Surface Flooring Market
The resilient flooring product segment is classified into vinyl flooring, vinyl sheet, vinly composition tile, rubber flooring, cork flooring, asphalt flooring, linoleum flooring, and others. The non-resilient flooring product segment is sub-divided into seamless flooring, wood flooring, and laminate flooring. Key companies are concentrating on introducing new kinds of hard surface floorings to meet the changing demands and trends. By market type, the global hard surface flooring market is divided into residential building, non-residential building, and transportation equipment.
The rising application of hard surface flooring in transportation equipment is a key factor expected to propel the global market in the long run.
By region, the global hard surface flooring market is divided into Asia Pacific, Europe, North America, and Rest of the World. Key players are spreading their services across various regions, which is another factor expected to contribute towards the growth of the global market.
Companies Mentioned in the Hard Surface Flooring Market Report
Some of the key companies operating in the global hard surface flooring market are Alloc, American Marazzi Tile, Apex Foodservice Matting, Beaulieu International Group NV, Berry Group, Burke Industries, Roppe Corporation, Shaw Industries Group, Stankiewicz International, Surface America, Tarkett SAS, TOLI Corporation, UnilinBA, Witex Flooring Products GmbH, and Superior Manufacturing Group Incorporated.
Major regions analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.