The global floor covering market size was US$ 61,365 million in 2021. The global floor covering market size is forecast to reach US$ 93,350 million by 2030, growing at a compound annual growth rate (CAGR) of 5% during the forecast period from 2022 to 2030.
In order to conceal the fundamental ground or sub-flooring construction, flooring is used. The most common types of floor coverings include carpet, vinyl, tile, laminate, and hardwood. In order to provide durability, comfort, safety, and decoration, they are fastened to or set directly on the flat base surface of the space. Rugs and carpets, both handmade and manufactured, as well as floor coverings with flat surfaces, are examples of such materials.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic has had a significant impact on retail and distribution in the floor covering market. Several governments worldwide imposed a lockdown in order to prevent the virus from spreading. Lockdowns and strict government regulations disrupted the supply and demand of raw materials, which had a negative impact on production facilities all over the world. The ongoing infrastructure projects had to stop due to the lack of workers, widespread lockdowns, and a sluggish economy.
Regional Analysis
The Asia Pacific region accounted for a significant market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the increasing planned investments and organized policies in China, India, and Southeast Asia for construction activities. In addition, rising industrialization, increasing population, and the necessity for infrastructure and new facilities. Thus, these factors boost the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global floor covering market are:
Scope of the Report
The global floor covering market segmentation focuses on Product, Distribution Channel, End-User, and Region.
Segmentation based on Product
Segmentation based on Distribution Channel
Segmentation based on End-User
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL FLOOR COVERING MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL FLOOR COVERING MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL FLOOR COVERING MARKET, BY PRODUCT
5.1 OVERVIEW
5.2 TEXTILE COVERING
5.3 TILES
5.4 WOOD AND LAMINATE
5.5 VINYL AND RUBBER
6 GLOBAL FLOOR COVERING MARKET, BY DISTRIBUTION CHANNEL
6.1 OVERVIEW
6.2 FLAGSHIP STORES
6.3 HOME CENTERS
6.4 ONLINE STORES
6.5 SPECIALTY STORES
6.6 OTHER DISTRIBUTION CHANNELS
7 GLOBAL FLOOR COVERING MARKET, BY END-USER
7.1 OVERVIEW
7.2 COMMERCIAL
7.3 RESIDENTIAL
8 GLOBAL FLOOR COVERING MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL FLOOR COVERING MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
10 COMPANY PROFILES
10.1 ARMSTRONG FLOORING
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.2 DIXIE GROUP, INCORPORATED
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.3 FORBO HOLDING
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.4 GERFLOR GROUP
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.5 HOME DEPOT INCORPORATED
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.6 INTERFACE, INCORPORATED
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.7 MANNINGTON MILLS INCORPORATED
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.8 MOHAWK INDUSTRIES, INCORPORATED
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.9 SHAW INDUSTRIES GROUP, INCORPORATED
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.10 TOLI CORPORATION
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
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