Outdoor Flooring Market - Global Industry Analysis

Outdoor Flooring Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Consumer Goods Report Format : PDF Report Code: ZMR-6393 Status : Upcoming

Description

Global Outdoor Flooring Market: Overview

Outdoor flooring is an excellent way to change the look of the yard or patio. Choosing an appropriate type of outdoor flooring is very important as the outdoor area has to face harsh weather conditions. A wide range of outdoor flooring options are available as the hardwoods or other options that are best suited for indoor flooring are not the perfect ones for a patio area or outdoor porch.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Outdoor Flooring Market: Growth Factors

The global outdoor flooring market is growing at a healthy rate. An increase in the standard of living, rise in disposable income, and growing spending on outdoor flooring among the population who loves to spend a significant amount of time outdoors are the major factors that are boosting the growth of the global outdoor flooring market. Further, different materials for outdoor flooring such as ceramics, concrete, wood, and many more are available in the market. This gives the consumer a wider scope to choose as per their budget as well as preferences. Nowadays with a hectic life schedule, people prefer to relax in the patio area and are thus focusing to create decorative, elaborative, and modest spaces. In addition to this, major key players are also expanding their product portfolio to meet the consumers demand. All such factors are effectively contributing to the global outdoor flooring market. In addition to this, factors such as an increase in commercial projects and an increase in investments for public infrastructural development projects are also equally driving the growth of the overall market. Furthermore, rapid urbanization in emerging countries and an increase in penetration of regional & small players through online platforms may offer numerous opportunities for the growth of the global outdoor flooring market during the forecast period. However, the low penetration rate of the market in low and middle-income countries may limit the growth of the global outdoor flooring market.

The global outdoor flooring market is adversely affected by the outbreak of Covid-19. Strict lockdown and restrictions on movement have enforced the construction industry to halt all their residential as well as commercial projects. Additionally, the pandemic has also led to the economic crisis which has resulted in a major change in consumer behavior. In the pandemic condition, the consumer is majorly spending on essential goods only and has substantially decreased their spending on non-essential goods. This has primarily affected the growth of the market. However, with ease in restrictions and economic stability, the market is expected to grow at a steady rate during the forecast period.

Global Outdoor Flooring Market: Segmentation

The global outdoor flooring market is classified based on construction type, flooring type, material type, distribution channel, application, and region. Based on the construction type, the global outdoor flooring market is categorized into renovation and new construction. The flooring type segment is bifurcated into resilient and non-resilient. Based on the material type, the global market is divided into stone, concrete, ceramics, wood & laminate, and others. The distribution channel segment is categorized into multi-brand stores, specialty stores, online retailers, direct sales, wholesalers/distributors, and other sales channels. The application segment consists of public infrastructure, commercial, residential, and others.

Global Outdoor Flooring Market: Regional Analysis

Among the regions, Asia Pacific is estimated to hold the maximum share in the global outdoor flooring market during the forecast period. Factors such as emerging economies, rise in residential projects, and growing investment of the government for the development of public infrastructures are likely to drive he regional market growth. In addition to this, change in lifestyle, increase in spending, and growing preference of the consumer towards outdoor flooring are also some of the factors that are fueling the market growth in this region. North America and Europe are also expected to contribute to the significant share in the market due to an increase in spending on outdoor flooring and a rise in renovation projects.

Global Outdoor Flooring Market: Competitive Players

Some of the dominant players that are functioning in the global outdoor flooring market are Timber Holdings USA, Ebaco India Pvt. Ltd., ECORE International, Inc., Citadel Floors, Beaulieu International Group, AZEK Company, The Biltrite Corporation, Tandus Group, Inc., Mohawk Industries, and Fiberon, Mats Inc. among others.

Global Outdoor Flooring Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

An increase in the standard of living, rise in disposable income, and growing spending on outdoor flooring among the population who loves to spend a significant amount of time outdoors are the major factors that are boosting the growth of the global outdoor flooring market. Furthermore, rapid urbanization in emerging countries and an increase in penetration of regional & small players through online platforms may offer numerous opportunities for the growth of the global outdoor flooring market during the forecast period.

Some of the dominant players that are functioning in the global outdoor flooring market are Timber Holdings USA, Ebaco India Pvt. Ltd., ECORE International, Inc., Citadel Floors, Beaulieu International Group, AZEK Company, The Biltrite Corporation, Tandus Group, Inc., Mohawk Industries, and Fiberon, Mats Inc. among others.

Among the regions, Asia Pacific is estimated to hold the maximum share in the global outdoor flooring market during the forecast period. Factors such as emerging economies, rise in residential projects, and growing investment of the government for the development of public infrastructures. In addition to this, change in lifestyle, increase in spending, and growing preference of the consumer towards outdoor flooring are also some of the factors that are fueling the market growth in this region.

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