Composite Floor Market SWOT Analysis by 2031
Composite floors are flooring systems that consist of concrete topping cast on a metal deck. Composite floors are typically employed in high-rise buildings owing to their remarkable acoustic performance. The use of composite floors provides a number of structural and other benefits, including faster construction rate and savings in foundation costs. They are used in a number of applications in including industrial buildings and warehouses, commercial buildings, stadiums, car parks, etc.
MARKET DYNAMICS
In recent years, composite floor systems with profiled sheet decking have gained popularity in the West in the construction of high-rise office buildings. Composite floors are suitable in applications where concrete floors have to construct in a short time and when a medium level of fire protection is required. The proliferation of IT parks, multi-story buildings and high-rises in developed as well as developing economies have generated substantial demand for light-weight flooring materials. The spurt in construction activities, development of residential as well as commercial, infrastructural projects is anticipated to drive the demand for composite floors in the forecast period. The availability of composite floors in various colors, ease of installation, and ease of cleaning and maintaining composite floors is likely to drive the demand for composite floors in the residential applications. The ability of composite flooring systems to offer stiffer, lighter, and inexpensive flooring solutions is expected to fuel the demand for composite floors systems in the construction and building.
MARKET SCOPE
The "Global Composite Floor Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the composite floor market with detailed market segmentation by type, application, and geography. The global composite floor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading composite floor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global composite floor market is segmented on the basis of type and application. On the basis of type, the composite floor market is segmented into, high pressure laminated flooring, solid wood composite floor, and PVC composite floor. On the basis of application, the market is bifurcated into, residential, commercial, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global composite floor market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The composite floor 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 composite floor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. 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 composite floor 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.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global composite floor market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The composite floor 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 composite floor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. 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 composite floor market in these regions.
MARKET PLAYERS
The reports cover key developments in the composite floor 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 partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from composite floor market are anticipated to lucrative growth opportunities in the future with the rising demand for composite floor in the global market. Below mentioned is the list of few companies engaged in the composite floor market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the composite floor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alsafloor SA
- Balterio Laminate Flooring
- Beaulieu International Group
- CLASSEN Group
- Faus Group
- Formica Group
- Kronoflooring GmbH
- Mohawk Industries
- Shaw Industries Group, Inc
- Tarkett USA Inc.
- 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 Composite Floor Market - By Type
1.3.2 Composite Floor Market - By Application
1.3.3 Composite Floor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COMPOSITE FLOOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. COMPOSITE FLOOR 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. COMPOSITE FLOOR MARKET - GLOBAL MARKET ANALYSIS
6.1. COMPOSITE FLOOR - GLOBAL MARKET OVERVIEW
6.2. COMPOSITE FLOOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. COMPOSITE FLOOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. HIGH PRESSURE LAMINATED FLOORING
7.3.1. Overview
7.3.2. High Pressure Laminated Flooring Market Forecast and Analysis
7.4. SOLID WOOD COMPOSITE FLOOR
7.4.1. Overview
7.4.2. Solid Wood Composite Floor Market Forecast and Analysis
7.5. PVC COMPOSITE FLOOR
7.5.1. Overview
7.5.2. PVC Composite Floor Market Forecast and Analysis
8. COMPOSITE FLOOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. Residential Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. COMPOSITE FLOOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Composite Floor Market Overview
9.1.2 North America Composite Floor Market Forecasts and Analysis
9.1.3 North America Composite Floor Market Forecasts and Analysis - By Type
9.1.4 North America Composite Floor Market Forecasts and Analysis - By Application
9.1.5 North America Composite Floor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Composite Floor Market
9.1.5.1.1 United States Composite Floor Market by Type
9.1.5.1.2 United States Composite Floor Market by Application
9.1.5.2 Canada Composite Floor Market
9.1.5.2.1 Canada Composite Floor Market by Type
9.1.5.2.2 Canada Composite Floor Market by Application
9.1.5.3 Mexico Composite Floor Market
9.1.5.3.1 Mexico Composite Floor Market by Type
9.1.5.3.2 Mexico Composite Floor Market by Application
9.2. EUROPE
9.2.1 Europe Composite Floor Market Overview
9.2.2 Europe Composite Floor Market Forecasts and Analysis
9.2.3 Europe Composite Floor Market Forecasts and Analysis - By Type
9.2.4 Europe Composite Floor Market Forecasts and Analysis - By Application
9.2.5 Europe Composite Floor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Composite Floor Market
9.2.5.1.1 Germany Composite Floor Market by Type
9.2.5.1.2 Germany Composite Floor Market by Application
9.2.5.2 France Composite Floor Market
9.2.5.2.1 France Composite Floor Market by Type
9.2.5.2.2 France Composite Floor Market by Application
9.2.5.3 Italy Composite Floor Market
9.2.5.3.1 Italy Composite Floor Market by Type
9.2.5.3.2 Italy Composite Floor Market by Application
9.2.5.4 United Kingdom Composite Floor Market
9.2.5.4.1 United Kingdom Composite Floor Market by Type
9.2.5.4.2 United Kingdom Composite Floor Market by Application
9.2.5.5 Russia Composite Floor Market
9.2.5.5.1 Russia Composite Floor Market by Type
9.2.5.5.2 Russia Composite Floor Market by Application
9.2.5.6 Rest of Europe Composite Floor Market
9.2.5.6.1 Rest of Europe Composite Floor Market by Type
9.2.5.6.2 Rest of Europe Composite Floor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Composite Floor Market Overview
9.3.2 Asia-Pacific Composite Floor Market Forecasts and Analysis
9.3.3 Asia-Pacific Composite Floor Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Composite Floor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Composite Floor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Composite Floor Market
9.3.5.1.1 Australia Composite Floor Market by Type
9.3.5.1.2 Australia Composite Floor Market by Application
9.3.5.2 China Composite Floor Market
9.3.5.2.1 China Composite Floor Market by Type
9.3.5.2.2 China Composite Floor Market by Application
9.3.5.3 India Composite Floor Market
9.3.5.3.1 India Composite Floor Market by Type
9.3.5.3.2 India Composite Floor Market by Application
9.3.5.4 Japan Composite Floor Market
9.3.5.4.1 Japan Composite Floor Market by Type
9.3.5.4.2 Japan Composite Floor Market by Application
9.3.5.5 South Korea Composite Floor Market
9.3.5.5.1 South Korea Composite Floor Market by Type
9.3.5.5.2 South Korea Composite Floor Market by Application
9.3.5.6 Rest of SouthEast Asia Composite Floor Market
9.3.5.6.1 Rest of SouthEast Asia Composite Floor Market by Type
9.3.5.6.2 Rest of SouthEast Asia Composite Floor Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Composite Floor Market Overview
9.4.2 Middle East and Africa Composite Floor Market Forecasts and Analysis
9.4.3 Middle East and Africa Composite Floor Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Composite Floor Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Composite Floor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Composite Floor Market
9.4.5.1.1 South Africa Composite Floor Market by Type
9.4.5.1.2 South Africa Composite Floor Market by Application
9.4.5.2 Saudi Arabia Composite Floor Market
9.4.5.2.1 Saudi Arabia Composite Floor Market by Type
9.4.5.2.2 Saudi Arabia Composite Floor Market by Application
9.4.5.3 U.A.E Composite Floor Market
9.4.5.3.1 U.A.E Composite Floor Market by Type
9.4.5.3.2 U.A.E Composite Floor Market by Application
9.4.5.4 Rest of Middle East and Africa Composite Floor Market
9.4.5.4.1 Rest of Middle East and Africa Composite Floor Market by Type
9.4.5.4.2 Rest of Middle East and Africa Composite Floor Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Composite Floor Market Overview
9.5.2 South and Central America Composite Floor Market Forecasts and Analysis
9.5.3 South and Central America Composite Floor Market Forecasts and Analysis - By Type
9.5.4 South and Central America Composite Floor Market Forecasts and Analysis - By Application
9.5.5 South and Central America Composite Floor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Composite Floor Market
9.5.5.1.1 Brazil Composite Floor Market by Type
9.5.5.1.2 Brazil Composite Floor Market by Application
9.5.5.2 Argentina Composite Floor Market
9.5.5.2.1 Argentina Composite Floor Market by Type
9.5.5.2.2 Argentina Composite Floor Market by Application
9.5.5.3 Rest of South and Central America Composite Floor Market
9.5.5.3.1 Rest of South and Central America Composite Floor Market by Type
9.5.5.3.2 Rest of South and Central America Composite Floor 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. COMPOSITE FLOOR MARKET, KEY COMPANY PROFILES
11.1. ALSAFLOOR SA
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. BALTERIO LAMINATE FLOORING
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. BEAULIEU INTERNATIONAL GROUP
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. CLASSEN GROUP
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. FAUS GROUP
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. FORMICA GROUP
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. KRONOFLOORING GMBH
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. MOHAWK INDUSTRIES
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. SHAW INDUSTRIES GROUP, INC
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. TARKETT USA INC.
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.Alsafloor SA
2.Balterio Laminate Flooring
3.Beaulieu International Group
4.CLASSEN Group
5.Faus Group
6.Formica Group
7.Kronoflooring GmbH
8.Mohawk Industries
9.Shaw Industries Group, Inc
10.Tarkett USA Inc.
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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