Indoor flooring exhibits desirable properties such as waterproof, anti-static, scratch resistance, anti-skid, other features. These desirable properties have made them the favored indoor flooring in industrial and construction industries. Indoor flooring protects the concrete, tiles, other surfaces onto which they are installed and is responsible for extending the underlying floor bases’ life. They are inert to oils, detergents, and cleaners. Indoor flooring is also used to improve the aesthetic appeal of the floor. They are available in several colors, shades, and textures. Ceramic tiles, carpets, vinyl rolls, and other indoor flooring products are used on surfaces. The aesthetic appeal of colorful indoor flooring products is expected to drive the market for applications in new housing projects and the renovation of old houses. The seamless floor’s aesthetic appeal is expected to entice buyers towards indoor flooring products in the forecast period.
MOHAWK INDUSTRIES, INC., ARMSTRONG FLOORING, INC. TARKETT, FORBO INTERNATIONAL SA AND ECORE INTERNATIONAL – PROMINENT MARKET PARTICIPANTS IN INDOOR FLOORING MARKET
Mohawk Industries, Inc., Armstrong Flooring, Inc. Tarkett, Forbo International SA and Ecore International are some of the key market players operating in the global indoor flooring market. The listing of key players is derived by considering multiple factors such as overall revenue, current indoor flooring product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the indoor flooring ecosystems which were studies analyzed during the course of this market research study, such as, Mats Inc., Armstrong Flooring, Inc., Beaulieu International Group, and Toli Corporation.. Furtherin 2021, Ecore introduces its newest Ecore Athletic surface: HydroGrip Motivate. This engineered surface features a slip-resistant safety floor surface layer that is fusion bonded to a 5mm vulcanized composition rubber (VCR) base layer (Motivate) using Ecore’s patented TRU technology.
Most of the market initiatives were observed in North American and Europe region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
|
Year |
News |
Country |
|
2020 |
According to state and local economic development sources Shaw Industries Group plans to invest $20,000,000.00 to build out new space in Ringgold. The company plans to occupy the new space in Ringgold, on or about June 1, 2021. |
North America |
|
2018 |
Beaulieu International Group announced the acquisition of two privately-owned companies, Beaulieu Canada and Beaulieu Australia, which will be integrated into its flooring solutions business unit. |
Europe |
