Global Resilient Flooring Market size is anticipated to reach USD 9.96 billion by 2024

 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.


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.


Resilient flooring market could be explored by product type, material, application, and geography. The market could be explored by product type as Vinyl Composite Tiles, Luxury Vinyl Tiles, Vinyl Sheets, Linoleum, and Fiberglass Sheets. The “Vinyl composite tiles (VCT)” segment led the resilient flooring industry in 2016 and is anticipated to maintain its dominance by 2024. The key factors that may be attributed to the growth of market includes good durability, low price, and excellent resilience to abrasion and high impact resistance.


Request a Sample Copy of This Report: https://www.millioninsights.com/industry-reports/resilient-flooring-market/request-sample


Based on material, the resilient flooring market could span Wood (Engineered Wood, Soft Wood and), Laminate, Carpets and Rugs, Vinyl Sheet and Tile (Heterogeneous, Homogeneous, Luxury Vinyl Tile), Stone, and Ceramic Tile. The “Vinyl Sheet and Tile” segment led the market of resilient flooring in 2016 and is anticipated to maintain its dominance by 2024. The key factors that may be attributed to the growth of market includes durable, robust, and facilitates maintenance. Furthermore, vinyl flooring is comparatively more cost-effective than all other types of materials used for resilient flooring and environment friendly.


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.


Browse Full Research Report with TOC:  https://www.millioninsights.com/industry-reports/resilient-flooring-market


Some of the key players that fuel the growth of the resilient flooring industry comprise Shaw Industries Group, Inc, Mohawk Industries, Inc, Tarkett Group, Boral Limited, Toil Corporation, The Dixie Group, FORBO, Cong oleum Corporation, and Interface, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.


Market Segment:


Global Resilient Flooring Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)


    • Luxury Vinyl Tiles (LVT)

    • Vinyl Composite Tiles (VCT)

    • Vinyl sheets

    • Fiberglass

    • Linoleum

    • Others


Global Resilient Flooring Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)


    • Residential

    • Commercial

    • Industrial


Global Resilient Flooring Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)


    • North America

        • U.S.

    • Europe

        • Germany

        • France

        • UK

        • Italy

    • Asia Pacific

        • China

        • India

    • Latin America

        • Brazil

    • MEA

        • South Africa


continue........


Get In Touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com


Global Headquarters

Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: 1-408-610-2300

Email: sales@millioninsights.com


Asia Pacific

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India

Phone: 91-20-65300184


Comments

Post a Comment

Popular posts from this blog

Vegetable Wax Candle Market Latest Developments and Future Scope to 2024

Synopsis Global Vegetable Wax Candle Market estimated to grow at a higher CAGR by the completion of the prediction period. Growth in the worries regarding environment and stress on the fitness of the humans is the most important reasons motivating the usage of vegetable waxes in most important industrialized procedures. Vegetable waxes are naturally happening materials, which do not comprise contaminants producing threats to the health. Growth in the prices of paraffin waxes is furthermore boosting the usage of natural waxes in maximum businesses. Natural waxes can be consumed in a number of arenas for example fruit surface coatings, paper surface coatings, foods, cosmetics, medicines, polymer processing, candles, polishes, and inks. Chemical configuration of maximum natural wax comprises triglycerides, stearic acid, palmitic acid and oleic acid. Vegetable waxes are utilized in most important industrialized procedures that comprise sunflower, Candelilla wax, soya wax, carnauba wax a...
Read more

Baby Body Lotion Market Outlook 2015

The Global Baby Body Lotion Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Baby Body Lotion industry. Request a Sample Copy of This Report:   https://www.radiantinsights.com/research/global-baby-body-lotion-industry-2015-market-research-report/request-sample The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.The Baby Body Lotion market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading industry players providing information such as company profiles, product pi...
Read more

Global Murphy Bed Market Capacity, Production and Growth Rate Forecast (2018-2025)

4-dec-2018 This report studies the global Murphy Bed market status and forecast, categorizes the global Murphy Bed market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report  Wilding Wallbeds Murphy Wall Beds Hardware SICO Inc. Clever (Homes Casa) FlyingBeds International Clei (Lawrance) The London Wallbed Company The Bedder Way Co. More Space Place Lagrama BESTAR inc. Instant Bedrooms Twin Cities Closet Company Murphy Bed USA B.O.F.F. Wall Bed Wall Beds Manufacturing Spaceman Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America Europe China Japan Southeast Asia India Request a Sample Copy of Thi...
Read more