MarketResearch.biz has recently published its market research report titled, “Europe Resilient Flooring Market by Flooring Type, by Application, and by Country (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe) – Forecast from 2020 to 2029”. The report offers a deep-dive analysis of the Europe resilient flooring market. It is through systematic and exhaustive research efforts, both primary and secondary, as well as ideal segmentation that the research results have been gleaned over the study period. The report also presents the first five-year cumulative revenue (2020–2024), which is projected to be valued at more than US$ 35 Billion, and this is expected to increase quite significantly over the latter part of the five-year forecast period.
Resilient flooring refers to flooring manufactured using materials such as Poly Vinyl Chloride (PVC), rubber, linoleum, etc., and is placed between hard flooring, for instance stone, and soft flooring, for instance carpet. The different resilient flooring types are PVC, Vinyl Flooring, Fillers, Vinyl Sheet Flooring, Rubber Flooring, Linoleum Flooring, Cork Flooring, Vinyl Tile Flooring, among other types, and are commonly used in construction industry. Resilient flooring has various features such as scratch resistance, odor proof, waterproof, durable, and easy to maintain, which makes it most preferable flooring type at a global level.
Browse the full “Europe Resilient Flooring Market By Flooring Type, By Application, And By Country (Germany, Uk, France, Italy, Russia, Spain, And Rest Of Europe) – Forecast From 2020 To 2029” report at https://marketresearch.biz/report/europe-resilient-flooring-market/
Europe Resilient Flooring Market: Dynamics
Rising number of construction activities along with reconstruction projects across residential and non-residential sectors in several countries, coupled with increasing awareness of resilient flooring and its benefits over the other available options are some of the major factors expected to drive growth of the global market to significant extent. In addition, changing lifestyles, increasing preference for aesthetic appearance in the residential and commercial buildings, increasing inclination for home décor, rising demand and adoption of durable surfaces are other prominent factors projected to further propel growth of the market. Furthermore, easy availability of resilient floorings at cost-effectives prices is another factor expected to boost market growth. Increasing expenditure by government of various countries on overall infrastructural development is additional factor projected to augment demand for resilient flooring and drive market growth to a significant extent. However, easy availability of non-resilient floorings, for instance ceramic tiles, and soft coverings is a factor that could restrain global market growth over the 10-year forecast period.
Recent ongoing trend observed in the global resilient flooring market is shifting preference of manufacturers towards offering customized products as per consumer needs and demands. This trend is projected to gain traction in the years to come and support growth of the global market to substantial extent. Focus of manufacturers towards expansion of business by implementing business strategic movements such as partnerships, joint ventures, obtain funding, mergers and acquisitions, etc., and to invest in development of enhanced product portfolio to improve their product offerings as a sustainability strategy are factors projected to create higher revenue opportunities for major players in the global market over the next 10 years.
Europe Resilient Flooring Market: Market Forecast
The comprehensive research report comprises a complete forecast of the Europe resilient flooring market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the Europe resilient flooring market is expected to register a CAGR of 11.4% over the forecast period.
Europe Resilient Flooring Market: Segmental Snapshot
The market report has been segmented on the basis of flooring type, application, and country. The flooring type segment includes vinyl flooring, linoleum, rubber, and others. The application segment includes residential flooring, and commercial flooring. The countries include Germany, UK, France, Italy, Russia, Spain, and Rest of Europe.
By Flooring Type: The vinyl flooring segment is projected to account for the largest revenue share in the market. The vinyl flooring segment is also projected to register the highest growth rate of more than 6.3% over the 10-year forecast period.
By Application: The residential segment is expected to record the largest revenue contribution in the global market, and is projected to register the highest growth rate of more than 6.2%
By Country: The resilient flooring market in Germany is expected to account for the largest revenue share in the Europe market, and is projected to register the highest growth rate of more than 6.6% over the 10-year forecast period
Europe Resilient Flooring Market: Competitive Analysis
The research report on the Europe resilient flooring market includes profiles of some of the major companies such as Berkshire Hathaway Inc., Mohawk Industries, Inc., Tarkett S.A., Interface, Inc., Forbo Holding AG, Victoria PLC, Mannington Mills, Inc., Gerflor, James Halstead PLC, and Beaulieu Group, LLC
“Europe Resilient Flooring Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2020–2029” report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the Europe resilient flooring market for 2019–2029.
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