19th February 2020 – The Resilient
Flooring Market report provides in-depth analysis and insights into developments
impacting businesses and enterprises on global and regional level. The study
covers the global Resilient Flooring Market presentation regarding revenue
contribution from multiple segments and covers a comprehensive analysis of key
market trends, drivers, restraints, and opportunities influencing revenue
growth of the industry. This research report studies the market size, industry
status and forecast, competition landscape and growth opportunities.
Global Resilient Flooring Market size is
anticipated to reach USD 9.96 billion by 2024. Resilient flooring is a mixture
of natural and synthetic materials that is employed in the replacement for
traditional hardwood flooring. The factors that propel the growth of the
resilient flooring market include rapid industrialization and urbanization,
high demand for resilient flooring in the residential segment, changing
consumer lifestyles and trends, and huge number of home improvement and
renovation activities.
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On the other hand, there are factors
that may hamper the growth of the market including high cost of raw material.
Resilient flooring industry is anticipated to grow at a significant CAGR in the
upcoming period as the scope, product types, and its applications are increasing
across the globe.
The key applications that could be
explored in the resilient flooring industry include Non-residential and
Residential. The “Resilient Flooring” segment led the market of resilient
flooring in 2016 and is anticipated to maintain its dominance by 2024. The key
factors that could be attributed to the growth of market includes growing
spending capacity of consumers and rising demand for single family housing
projects.
North America accounted for the major
market share of resilient flooring in 2016 and will continue to lead in the
forecast period. The factors that could be attributed to the growth include
growing demand from healthcare and retail segments and increased stress on
eco-friendly flooring products. North America is followed by Europe and
Asia-Pacific owing to increasing number of construction activities in Malaysia,
Brazil, India and Thailand and increasing application scope in food &
beverage and automotive segments.
Some of the major objectives of this
report:
·
To present detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of global Resilient Flooring Market.
·
To provide insights about
factors affecting the market growth. To analyze the Resilient Flooring Market
based on various factors- price analysis, supply chain analysis, porter five
force analysis etc.
·
To provide historical and
forecast revenue of the Resilient Flooring Market segments and sub-segments
with respect to four main geographies and their countries- North America,
Europe, Asia, and Rest of the World.
·
To provide country level
analysis of the market for segment by application, product type and sub-segments.
·
Trace and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product evolutions, and research and developments in the
Market.
·
To present strategic profiling
of key players in the market, comprehensively analyzing their basic
capabilities.
Some
of the Major Market Players Are:
Shaw Industries Group, Inc, Mohawk
Industries, Inc, Tarkett Group, Boral Limited, Toil Corporation, The Dixie
Group, FORBO, Cong oleum Corporation, and Interface, Inc.
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