Floor covering is a term to generically describe any finish material applied over a floor structure to provide a walking surface. Commercial vinyl flooring is a durable flooring material made from a combination of natural and synthetic polymer materials. The commercial flooring can be polished concrete, epoxy flooring, vinyl flooring, rubber coverings, wood & laminates.
MARKET DYNAMICS
An increase in the global construction & building industry is driving the commercial flooring market. Also, growing industrial areas & infrastructure in developing countries augment the market growth. Many governments are focusing on providing superior educational facilities around the globe, surging the demand for the commercial flooring market.
MARKET SCOPE
The "Global Commercial Flooring Market Analysis to 2028" is a specialized and in-depth study of chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the commercial flooring market with detailed market segmentation by type, and application. The global commercial flooring market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading commercial flooring market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global commercial flooring market is segmented into type, and application. Based on type, the global commercial flooring market is segmented into resilient flooring, non-resilient flooring, soft coverings, seamless flooring, wood & laminate. By application, the commercial flooring market is classified into commercial buildings, public buildings, education, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the commercial flooring industry, including both qualitative and quantitative information. It provides an overview and forecast of the global commercial flooring market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The commercial flooring market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the commercial flooring market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the commercial flooring market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the commercial flooring industry, including both qualitative and quantitative information. It provides an overview and forecast of the global commercial flooring market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The commercial flooring market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the commercial flooring market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the commercial flooring market in these regions.
MARKET PLAYERS
The report covers vital developments in the commercial flooring market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the commercial flooring market are anticipated to lucrative growth opportunities in the future with the rising demand for commercial flooring in the global market. Below mentioned is the list of few companies engaged in the commercial flooring market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the commercial flooring market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- LG Hausys
- Hanwa L & C
- Flowcrete
- TKflor
- James Halstead plc.
- Nora
- CNBM
- NOVALIS
- Tajima Flooring USA
- Milliken Floor Covering
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Commercial Flooring Market - By Types
1.3.2 Commercial Flooring Market - By Application
1.3.3 Commercial Flooring Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COMMERCIAL FLOORING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. COMMERCIAL FLOORING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. COMMERCIAL FLOORING MARKET - GLOBAL MARKET ANALYSIS
6.1. COMMERCIAL FLOORING - GLOBAL MARKET OVERVIEW
6.2. COMMERCIAL FLOORING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. COMMERCIAL FLOORING MARKET - REVENUE AND FORECASTS TO 2028 - TYPES
7.1. OVERVIEW
7.2. TYPES MARKET FORECASTS AND ANALYSIS
7.3. RESILIENT FLOORING
7.3.1. Overview
7.3.2. Resilient Flooring Market Forecast and Analysis
7.4. NON- RESILIENT FLOORING
7.4.1. Overview
7.4.2. Non- Resilient Flooring Market Forecast and Analysis
7.5. SOFT COVERINGS
7.5.1. Overview
7.5.2. Soft Coverings Market Forecast and Analysis
7.6. SEAMLESS FLOORING
7.6.1. Overview
7.6.2. Seamless Flooring Market Forecast and Analysis
7.7. WOOD AND LAMINATE
7.7.1. Overview
7.7.2. Wood and Laminate Market Forecast and Analysis
8. COMMERCIAL FLOORING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL BUILDINGS
8.3.1. Overview
8.3.2. Commercial Buildings Market Forecast and Analysis
8.4. PUBLIC BUILDINGS
8.4.1. Overview
8.4.2. Public Buildings Market Forecast and Analysis
8.5. EDUCATION
8.5.1. Overview
8.5.2. Education Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. COMMERCIAL FLOORING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Commercial Flooring Market Overview
9.1.2 North America Commercial Flooring Market Forecasts and Analysis
9.1.3 North America Commercial Flooring Market Forecasts and Analysis - By Types
9.1.4 North America Commercial Flooring Market Forecasts and Analysis - By Application
9.1.5 North America Commercial Flooring Market Forecasts and Analysis - By Countries
9.1.5.1 United States Commercial Flooring Market
9.1.5.1.1 United States Commercial Flooring Market by Types
9.1.5.1.2 United States Commercial Flooring Market by Application
9.1.5.2 Canada Commercial Flooring Market
9.1.5.2.1 Canada Commercial Flooring Market by Types
9.1.5.2.2 Canada Commercial Flooring Market by Application
9.1.5.3 Mexico Commercial Flooring Market
9.1.5.3.1 Mexico Commercial Flooring Market by Types
9.1.5.3.2 Mexico Commercial Flooring Market by Application
9.2. EUROPE
9.2.1 Europe Commercial Flooring Market Overview
9.2.2 Europe Commercial Flooring Market Forecasts and Analysis
9.2.3 Europe Commercial Flooring Market Forecasts and Analysis - By Types
9.2.4 Europe Commercial Flooring Market Forecasts and Analysis - By Application
9.2.5 Europe Commercial Flooring Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Commercial Flooring Market
9.2.5.1.1 Germany Commercial Flooring Market by Types
9.2.5.1.2 Germany Commercial Flooring Market by Application
9.2.5.2 France Commercial Flooring Market
9.2.5.2.1 France Commercial Flooring Market by Types
9.2.5.2.2 France Commercial Flooring Market by Application
9.2.5.3 Italy Commercial Flooring Market
9.2.5.3.1 Italy Commercial Flooring Market by Types
9.2.5.3.2 Italy Commercial Flooring Market by Application
9.2.5.4 United Kingdom Commercial Flooring Market
9.2.5.4.1 United Kingdom Commercial Flooring Market by Types
9.2.5.4.2 United Kingdom Commercial Flooring Market by Application
9.2.5.5 Russia Commercial Flooring Market
9.2.5.5.1 Russia Commercial Flooring Market by Types
9.2.5.5.2 Russia Commercial Flooring Market by Application
9.2.5.6 Rest of Europe Commercial Flooring Market
9.2.5.6.1 Rest of Europe Commercial Flooring Market by Types
9.2.5.6.2 Rest of Europe Commercial Flooring Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Commercial Flooring Market Overview
9.3.2 Asia-Pacific Commercial Flooring Market Forecasts and Analysis
9.3.3 Asia-Pacific Commercial Flooring Market Forecasts and Analysis - By Types
9.3.4 Asia-Pacific Commercial Flooring Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Commercial Flooring Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Commercial Flooring Market
9.3.5.1.1 Australia Commercial Flooring Market by Types
9.3.5.1.2 Australia Commercial Flooring Market by Application
9.3.5.2 China Commercial Flooring Market
9.3.5.2.1 China Commercial Flooring Market by Types
9.3.5.2.2 China Commercial Flooring Market by Application
9.3.5.3 India Commercial Flooring Market
9.3.5.3.1 India Commercial Flooring Market by Types
9.3.5.3.2 India Commercial Flooring Market by Application
9.3.5.4 Japan Commercial Flooring Market
9.3.5.4.1 Japan Commercial Flooring Market by Types
9.3.5.4.2 Japan Commercial Flooring Market by Application
9.3.5.5 South Korea Commercial Flooring Market
9.3.5.5.1 South Korea Commercial Flooring Market by Types
9.3.5.5.2 South Korea Commercial Flooring Market by Application
9.3.5.6 Rest of Asia-Pacific Commercial Flooring Market
9.3.5.6.1 Rest of Asia-Pacific Commercial Flooring Market by Types
9.3.5.6.2 Rest of Asia-Pacific Commercial Flooring Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Commercial Flooring Market Overview
9.4.2 Middle East and Africa Commercial Flooring Market Forecasts and Analysis
9.4.3 Middle East and Africa Commercial Flooring Market Forecasts and Analysis - By Types
9.4.4 Middle East and Africa Commercial Flooring Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Commercial Flooring Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Commercial Flooring Market
9.4.5.1.1 South Africa Commercial Flooring Market by Types
9.4.5.1.2 South Africa Commercial Flooring Market by Application
9.4.5.2 Saudi Arabia Commercial Flooring Market
9.4.5.2.1 Saudi Arabia Commercial Flooring Market by Types
9.4.5.2.2 Saudi Arabia Commercial Flooring Market by Application
9.4.5.3 U.A.E Commercial Flooring Market
9.4.5.3.1 U.A.E Commercial Flooring Market by Types
9.4.5.3.2 U.A.E Commercial Flooring Market by Application
9.4.5.4 Rest of Middle East and Africa Commercial Flooring Market
9.4.5.4.1 Rest of Middle East and Africa Commercial Flooring Market by Types
9.4.5.4.2 Rest of Middle East and Africa Commercial Flooring Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Commercial Flooring Market Overview
9.5.2 South and Central America Commercial Flooring Market Forecasts and Analysis
9.5.3 South and Central America Commercial Flooring Market Forecasts and Analysis - By Types
9.5.4 South and Central America Commercial Flooring Market Forecasts and Analysis - By Application
9.5.5 South and Central America Commercial Flooring Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Commercial Flooring Market
9.5.5.1.1 Brazil Commercial Flooring Market by Types
9.5.5.1.2 Brazil Commercial Flooring Market by Application
9.5.5.2 Argentina Commercial Flooring Market
9.5.5.2.1 Argentina Commercial Flooring Market by Types
9.5.5.2.2 Argentina Commercial Flooring Market by Application
9.5.5.3 Rest of South and Central America Commercial Flooring Market
9.5.5.3.1 Rest of South and Central America Commercial Flooring Market by Types
9.5.5.3.2 Rest of South and Central America Commercial Flooring Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. COMMERCIAL FLOORING MARKET, KEY COMPANY PROFILES
11.1. LG HAUSYS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HANWA L AND C
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FLOWCRETE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. TKFLOR
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JAMES HALSTEAD PLC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NORA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CNBM
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NOVALIS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TAJIMA FLOORING USA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MILLIKEN FLOOR COVERING
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.LG Hausys
2.Hanwa L and C
3.Flowcrete
4.TKflor
5.James Halstead plc.
6.Nora
7.CNBM
8.NOVALIS
9.Tajima Flooring USA
10.Milliken Floor Covering
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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