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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:

  • Europe
  • 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

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Hard Surface Flooring Market

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