Global Outdoor Flooring Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global Outdoor flooring market in its upcoming report titled, “Global Outdoor Flooring Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global outdoor flooring market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global outdoor flooring market report has been segmented on the basis of material, type, end-users and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Construction outside the built-up area from materials such as wood, concrete, stone and others are termed as outdoor flooring. Such flooring provides attractive and durable floor covering with an elegant design to the outdoor area. Rise in disposable income as well as increase in awareness of beautiful outdoor designs, and inclining outdoor home remodeling among residential end-users are some of the factors driving the global market growth. This flooring installed in patios, porches, pavements, and backyards to enhance the visual appeal of the building.

Increasing construction, renovation, and retrofitting activities along with rise in consciousness of outdoor entertainment area fuel demand for outdoor flooring solutions. Growing demand for epoxy flooring will drive growth prospects for the global outdoor flooring market over the forecast period. Such floorings are highly preferred by consumers for their non-repeating textures and long lasting nature. One of the biggest advantages of epoxy flooring is its unique ability to mix with other materials when applied over existing concrete.

Recent trend shows that, growing use of thermo-treated woods in various application, owing to good aesthetics, non-toxins and environmental friendly nature. However, increased emphasis on use of green and eco-friendly materials as well as fluctuation in foreign currencies affect profit margins, and are estimated to impede the global outdoor flooring market. Moreover, substantial number of new construction projects in developing economies are anticipated to boost growth of the global outdoor flooring market. However, considerable amount of flooring waste is generated by both new installations and replacement procedures, leading monetary losses to the consumers.

Outdoor flooring market is growing rapidly due to the factors such as increased construction and building activities and demand for epoxy flooring. Currently, Asia Pacific is expected to lead the market due to growth in the construction industry and changing lifestyle and preference of the people towards outdoor flooring. Huge potential for infrastructure development and new housing demand which leads the market of outdoor flooring. In addition, low manufacturing cost, increasing disposable income of the population, and favorable policies and plans such as National New-type Urbanization Plan in China which is launched in 2014, drive growth of the target market. On the other hand, the central government Urban Development (MoUD), Ministry of Housing and Urban Poverty Alleviation (MoHPA), and the Town and Country Planning Organization (TCPO) will facilitate and support the nationwide urban and regional development planning.

Global Outdoor Flooring Market Segmentation:

By Material:

• Wood
• Ceramics
• Concrete
• Others

By Type:

• Tile
• Decking
• Others

By End-users

• Residential
• Commercial
• Public Infrastructure
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa