Resilient Flooring Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


Persistence Market Research

$ 4900

Resilient floors are a combination of natural and synthetic products used as the main substitute for traditional hardwood flooring. The features of the esthetic flooring are combined. The combination of the polymer materials used in several production procedures provides improved strength characteristics. A distinct resilient flooring market exists from a global perspective. 

Resilient flooring on the grounds of raw materials like linoleum, cork, rubber and vinyl is categorized into four kinds. Asphalt and wood are also various kinds of resilient floors. Due to their viable nature and significant longevity compared to conventional floors vinyl-resilient flooring is expected to keep lead over the next few years. Many companies have implemented more effective and resistant products, better visual attraction and improved aesthetics. 

  • New investments in the housing industry has seen fast development due to increasing disposable incomes, increased customer consciousness for luxury life and the fast implementation of contemporary culture. 
  • Rapid urbanization and industrialization, with high and immediate resilience requirements in industrial areas such as housing projects and IT parks. 
  • Many domestic improvements and renovations are leading to a high demand for resilient floors in the residential industry due to changing consumer trends and lifestyles. This is a key factor driving the resilient flooring market. 
  • Fiberglass floors, such as great durability and lightweight, acquired huge traction recently on the back of their characteristics in the resilient flooring market. 

Additionally, because of the existence of a number of strengthened materials, superior isolation characteristics of fiberglass have complemented their demand in the resilient flooring market. Consuming countries believe that a properly decorated building is a status symbol because they have begun to use floorings like vinyl floors to enhance their social image.

Resilient flooring is the term used for the type of flooring that lies in between soft floors such as carpet and hard floor such as stone. Resilient flooring is made from materials that are essentially elastic in nature. The demand for resilient flooring is anticipated to grow significantly over the forecast period owing to the numerous advantages such as durability, impact resistance, water proof, odor proof, scratch resistant and is easier to clean. Moreover, resilient flooring is flexible in nature and removes the slight bumps and gaps.  The increasing number of renovation, reconstruction and new construction projects have boosted the demand for resilient flooring.

Global Resilient Flooring Market: Market Dynamics

Global Resilient Flooring Marker Drivers

The most important factor driving the growth of the global resilient flooring market is the availability of these flooring at economy prices. Resilient flooring are considerably durable and are easier to afford. Thus creating significant demand.

There has been massive shift in consumer preference and lifestyle. Increasing demand for aesthetics and appearance coupled with rising demand for surfaces with greater wear and tear resistance is expected to be significant factor driving the growth of the global resilient flooring market.

The increasing number of construction activities especially in developing countries of Asia Pacific region is expected to drive the global resilient flooring market.

Global Resilient Flooring Market Restraints

 Small pressure points such as table legs and other such things could create a permanent indent on the resilient flooring thus restraining the growth of the market.

Another challenge faced by the global resilient flooring market is the presence of chemicals such as phthalates and heavy metals which are toxic for contact for children, pets and other things which are in direct contact with floor.

Moreover, the resilient flooring should be protected from hot items such as cigarette and other extremely hot items which could pose a major damage to resilient flooring. Additionally, frequent standing water or flood mopping can loosen the adhesive. As a result, due to a number of precautions to be taken, many of the customers are reluctant to the use of resilient flooring.

Global Resilient Flooring Market Trends

The global resilient flooring market is fragmented with a number of local/regional players. In order to win a competitive edge over the other players in the market, the manufactures are focusing on expansion of their product portfolio through product innovation. A number of manufacturers have introduced products with greater impact and abrasion resistance, improved visual appeal and shine.

Another major trend in the global resilient flooring market is that the manufactures have started offering customized product offerings specific to the customer demand.

Global Resilient Flooring Market: Segmentation

The global resilient flooring market can be segmented on the basis of product type, application and region.

On the basis of product type, the global resilient flooring market can be categorized as:

  • Vinyl
  • Linoleum
  • Asphalt
  • Rubber
  • Wood
  • cork

On the basis of application, the global resilient flooring market can be categorized as:

  • Industrial
  • Residential
  • Commercial

Global Resilient Flooring Market: Regional Outlook

North America is projected to hold the dominant share in the global resilient flooring market. The increasing number of renovation projects and development of new infrastructure is expected to upsurge the demand for North America. Europe and North America presently hold a dominant share but are relatively mature market. Therefore are expected to show a relatively slower growth. Asia Pacific on the other hand is expected to remain a lucrative region in terms of CAGR. The region is expected to witness significant growth opportunities owing to the increasing construction activities and infrastructural development, the region has witnessed an increasing demand for such flooring owing to the rapid urbanization. Moreover, the growth in the industrial sector is also expected to unfold many opportunities in the Asia Pacific region. China and India are expected to lead the Asia Pacific resilient flooring market. Regions such as Middle East and Africa and Latin America is projected to grow at moderate CAGR over the forecast period.

Global Resilient Flooring Market: Key Players

Some of the market participants identified across the value chain for global resilient flooring market are:

  • Pergo
  • Mannington Mills, Inc.
  • Armstrong Flooring, Inc. (Armstrong world Industries Inc.)
  • Tarkett S.A.
  • Mohawk Industries
  • Alite floor
  • Shaw Industries Group, Inc.
  • Forbo Flooring systems
  • Mannington Mills, Inc.
  • Gerflor Group
  • American Biltrite Inc
  • Congoleum Corporation

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.