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
7th OCtober 2019
find_in_page Our Research Methodology is based on the following main points:
- Data Collections and Interpretation
- Data Validation
- Final Projections and Conclusion
“Europe Resilient Flooring Market’ is a published report available at Marketresearch.biz. Revenue from the Europe resilient flooring market is expected to register an CAGR over 11.1% and is projected to reach a value of around US$ 8.8 Bn in 2029. The report offers in-depth insights into the overall market growth and analysis. The report was generated applying exhaustive primary and secondary research to determine major factors and their impact on the growth of the target market. All research findings and results of the analysis and study were verified through industry experts and then presented in the report.
Resilient flooring material is a blend of synthetic and natural materials. It was primarily designed for commercial spaces, and this has been the result in research and development to produce and introduce product ranges that are more durable, lightweight, and that are more natural looking. Such features and properties of the material has been making it a popular for applications in the residential sector as well. Technological advancements and product innovation and development by resilient flooring manufacturers and higher preference for economical, comfortable, and lightweight and durable flooring materials, as well as need for better aesthetics in the home and commercial setting are among other factors driving market growth. As a result of various above-mentioned factors, revenue from the Europe resilient flooring market is projected to register a substantially high growth rate during the forecast period.
Report Coverage and Deliverables
Rapid growth in the construction industry and increasing infrastructure activities across Europe is projected to be one of the key factor driving growth of the global resilient flooring market during the forecast period. Among some key factors supporting market growth include changing lifestyle and home décor trends, and these are projected to continue in resulting in an increase in demand for resilient flooring for applications in the residential sector. Resilient flooring is a modern flooring technique that replaces the traditional hardwood flooring. Replacement of hardwood flooring to resilient flowing is a growing factor driving the market growth for resilient flooring in Europe. Unlike other types of flooring resilient flooring hold some degree of elasticity, making it flexible and comfortable to use. Resilient flooring is an excellent cost-effective alternative that is highly durable and adopted for various performance purposes such as dance, sports, and other recreational activities in comparison to its non-resilient counterpart. Easy installation, reasonable pricing, and availability in wide range of colors, designs and styles has to influence the home décor and renovation market. Owing to these factors resilient flooring market is projected to account the highest revenue share in the European region. Even though the resilient floorings are durable, they are capable to rip to tear and unfortunately these cannot be refurbished. Hence in case of damage, it needs to be removed or replaced.
Europe Resilient Flooring Market Segment Analysis:
Type: The vinyl flooring segment registered a CAGR of 6.6% during the forecast period. Revenue rate for the vinyl flooring segment accounts US$ 3,444.6 Mn. in 2019 and continues to dominate the Europe resilient flooring market is during the forecast period.
Application: The residential flooring segment in the Europe resilient flooring market continues to dominate the application segment with highest revenue share as well as the CAGR.
Europe Resilient Flooring Revenue Market Region Analysis:
Germany is projected to be the most lucrative market in the Europe resilient flooring market and is projected to register a CAGR of 6.9% followed by France, UK and Italy.
Europe Resilient Flooring Market Segmentation:
Based on Types
- Vinyl Flooring
Based On Application
- Residential Flooring
- Commercial Flooring
- Rest of Europe
- Berkshire Hathaway Inc.
- Mohawk Industries, Inc.
- Tarkett S.A.
- Interface, Inc.
- Forbo Holding AG
- Victoria PLC
- Mannington Mills, Inc.
- James Halstead PLC
- Beaulieu Group, LLC
- Chapter 1 Europe Resilient Flooring Market
- 1.1 Introduction
- 1.2 Europe resilient Flooring Market is segmented based on Types and Applications
- 1.3 Drivers for Europe Resilient Flooring Market
- 1.4 Restraints for Europe Resilient Flooring Market
- 1.5 Opportunities for Europe Resilient Flooring Market
- 1.6 Trends for Europe Resilient Flooring Market
- 1.7 PEST Analysis
- 1.8 PORTER’S Five Force Analysis
- 1.9 Macro-economic Factors
- 1.10 Opportunity Map Analysis (Rotary Electric Actuator)
- 1.10.1 Optimistic Scenario
- 1.10.2 Likely Scenario
- 1.10.3 Conservative Scenario
- 1.11 Opportunity Orbits
- 1.12 Market Investment Feasibility Index
- 1.13 Value Chain Analysis
- Chapter 1 Europe Resilient Flooring Market
Frequently Asked Questions (FAQ)
Mohawk Industries, Inc., Tarkett S.A., and Interface, Inc. are the leading market players in Europe resilient flooring market.
Vinyl Flooring is projected to account for highest revenue share of approx. US$ 6.5 Bn in 2029.
Germany is projected to account the highest revenue share in the Europe Resilient Flooring Market in 2029.
Residential market is projected to be the most dominating market during the forecast period.
Don't just take our word. We are trusted by these great companies!