Press Resease

Soft Covering Flooring Market by Product (Broadloom, and Carpet Tiles), and by Application (Commercial, and Residential): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 04-Dec-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3984 Status : Published

The soft covering flooring market is set for a rapid growth over the forecast period. In terms of revenue, the global soft covering flooring market accounted for USD 87.77 Billion in 2019 and is expected to reach USD 110.92 Billion by 2026, growing at a CAGR of around 3.4%.

Description

The soft covering flooring market is set for a rapid growth over the forecast period. In terms of revenue, the global soft covering flooring market accounted for USD 87.77 Billion in 2019 and is expected to reach USD 110.92 Billion by 2026, growing at a CAGR of around 3.4%.

Global Soft Covering Flooring Market: Overview

Soft covering flooring is a type of flooring which is distinguished from hard floors on the basis of flexibility. Rolls or rugs and carpets are the type of soft floor coverings while hard flooring includes ceramic tiles and stones. Soft floor coverings are available in a wide range of colors and textures and provide a high level of comfort.

Global Soft Covering Flooring Market: Growth Factors

The major factor driving the soft covering flooring market is the increasing demand for the carpet tiles. As the soft flooring covers offer a range of colors, textures, and patterns it provides various options to the consumers. The manufacturers of soft covering flooring also produce products such as area rugs, carpets, and others. Among the available soft covering flooring products, carpet tiles and broadloom are majorly used owing to its beneficial attributes such as dimensional stability and flexibility. For the production of the carpet tiles and broadlooms, the key raw materials required are synthetic fibers like polyester, polypropylene, nylon, and triexta. Easy availability of these raw materials is also one of the factors driving the soft covering flooring market. Other factors that are supporting the soft covering flooring market growth are developing construction sector, rapid urbanization in the regions, and increasing disposable income. Strict regulations enforced regarding the carbon emissions and the disposal of the waste materials has resulted in the recycling of the carpets thus increasing market opportunities.

Global Soft Covering Flooring Market: Segmentation

The global soft covering market is bifurcated on the basis of product and application. Based on the product, the soft covering flooring market is categorized into broadloom and carpet tiles. In terms of application, the market is divided into commercial and residential.

Global Soft Covering Flooring Market: Regional Analysis

Increased penetration of soft covering flooring in commercial, as well as residential buildings owing to its beneficial properties such as increased durability and easy process of installation is driving the North American soft covering flooring market. In North American countries, especially in Mexico and Canada, a growing number of commercial and retail outlets due to rise in urbanization is increasing the demand for construction materials thus driving the soft covering flooring market. Growing demand for green buildings in the U.S. is likely to increase the demand for lightweight and eco-friendly floor coverings. Owing to all these factors it is expected that North America will dominate the soft covering flooring market.

Asia Pacific region anticipates witnessing the highest growth rate in the coming years owing to the growing construction projects and increasing disposable income. The Middle East and Africa soft covering flooring market anticipate showing a good growth rate in the future owing to the rapid development in the construction sector.

Global Soft Covering Flooring Market: Competitive Players

Some of the prominent players in the soft covering flooring market are Mohawk Industries Inc., Beaulieu Group LLC, Tuftex, Shaw Industries Group, Inc., Engineered Floors LLC, and Dixie Group Inc., among others

Global Soft Covering 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

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Soft Covering Flooring Market, 2016 – 2026 (USD Million)
    • 3.2.Global Soft Covering Flooring Market: Snapshot
  • Chapter 4.Soft Covering Flooring Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Soft Covering Flooring
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technulogy Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Soft Covering Flooring Market Attractiveness, By Product
    • 5.2.Global Soft Covering Flooring Market Attractiveness, By Application
    • 5.3.Global Soft Covering Flooring Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Strategic Developments
  • Chapter 7.Soft Covering Flooring Market – Product Segment Analysis
    • 7.1.Global Soft Covering Flooring Market Overview: by Product
      • 7.1.1.Global Soft Covering Flooring Market Revenue Share, by Product, 2019 & 2026
    • 7.2.Global Soft Covering Flooring Market Analysis/Overview – By Product
      • 7.2.1.Broadloom – Overview/Analysis
      • 7.2.2.Carpet Tiles – Overview/Analysis
    • 7.3.Broadloom
      • 7.3.1.Global Soft Covering Flooring Market for Broadloom, Revenue (USD Million) 2016 - 2026
    • 7.4.Carpet Tiles
      • 7.4.1.Global Soft Covering Flooring Market for Carpet Tiles, Revenue (USD Million) 2016 - 2026
  • Chapter 8.Soft Covering Flooring Market – Application Segment Analysis
    • 8.1.Global Soft Covering Flooring Market Overview: by Application
      • 8.1.1.Global Soft Covering Flooring Market Revenue Share, by Application, 2019 & 2026
    • 8.2.Global Soft Covering Flooring Market Analysis/Overview – By Application
      • 8.2.1.Commercial – Overview/Analysis
      • 8.2.2.Residential – Overview/Analysis
    • 8.3.Commercial
      • 8.3.1.Global Soft Covering Flooring Market for Commercial, Revenue (USD Million) 2016 - 2026
    • 8.4.Residential
      • 8.4.1.Global Soft Covering Flooring Market for Residential, Revenue (USD Million) 2016 - 2026
  • Chapter 9.Soft Covering Flooring Market – Regional Analysis
    • 9.1.Global Soft Covering Flooring Market: Regional Overview
      • 9.1.1.Global Soft Covering Flooring Market Revenue Share, by Region, 2019 & 2026
      • 9.1.2.Global Soft Covering Flooring Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 9.2.North America
      • 9.2.1.North America Soft Covering Flooring Market Revenue, 2016 - 2026 (USD Million)
      • 9.2.2.North America Soft Covering Flooring Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.2.3.North America Soft Covering Flooring Market Revenue, by Product, 2016 – 2026
      • 9.2.4.North America Soft Covering Flooring Market Revenue, by Application, 2016 – 2026
      • 9.2.5. U.S.
      • 9.2.6.Canada
      • 9.2.7.Mexico
    • 9.3.Europe
      • 9.3.1.Europe Soft Covering Flooring Market Revenue, 2016 - 2026 (USD Million)
      • 9.3.2.Europe Soft Covering Flooring Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.3.3.Europe Soft Covering Flooring Market Revenue, by Product, 2016 – 2026
      • 9.3.4.Europe Soft Covering Flooring Market Revenue, by Application, 2016 – 2026
      • 9.3.5.Germany
      • 9.3.6.France
      • 9.3.7. U.K.
      • 9.3.8.Italy
      • 9.3.9.Spain
      • 9.3.10.Rest of Europe
    • 9.4.Asia Pacific
      • 9.4.1.Asia Pacific Soft Covering Flooring Market Revenue, 2016 - 2026 (USD Million)
      • 9.4.2.Asia Pacific Soft Covering Flooring Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.4.3.Asia Pacific Soft Covering Flooring Market Revenue, by Product, 2016 – 2026
      • 9.4.4.Asia Pacific Soft Covering Flooring Market Revenue, by Application, 2016 – 2026
      • 9.4.5.China
      • 9.4.6.Japan
      • 9.4.7.India
      • 9.4.8.South Korea
      • 9.4.9.South-East Asia
      • 9.4.10.Rest of Asia Pacific
    • 9.5.Latin America
      • 9.5.1.Latin America Soft Covering Flooring Market Revenue, 2016 - 2026 (USD Million)
      • 9.5.2.Latin America Soft Covering Flooring Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.5.3.Latin America Soft Covering Flooring Market Revenue, by Product, 2016 – 2026
      • 9.5.4.Latin America Soft Covering Flooring Market Revenue, by Application, 2016 – 2026
      • 9.5.5.Brazil
      • 9.5.6.Rest of Latin America
    • 9.6.The Middle-East and Africa
      • 9.6.1.The Middle-East and Africa Soft Covering Flooring Market Revenue, 2016 - 2026 (USD Million)
      • 9.6.2.The Middle-East and Africa Soft Covering Flooring Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.6.3.The Middle-East and Africa Soft Covering Flooring Market Revenue, by Product, 2016 – 2026
      • 9.6.4.The Middle-East and Africa Soft Covering Flooring Market Revenue, by Application, 2016 – 2026
      • 9.6.5.GCC Countries
      • 9.6.6.South Africa
      • 9.6.7.Rest of Middle-East Africa
  • Chapter 10.Company Profiles
    • 10.1.Mohawk Industries Inc.
    • 10.2.Beaulieu Group LLC
    • 10.3.Tuftex
    • 10.4.Shaw Industries Group Inc.
    • 10.5.Engineered Floors LLC
    • 10.6.Dixie Group Inc.

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