Modular Flooring Market Opportunities 2031
Modular flooring use floor titles which can be built upon one another in simple way, resting directly on the pre-existing surface without the use of glues or anchors. These floor titles are easily removable and swappable for other applications, such as vinyl flooring, raised floor system, modular carpet, etc. These titles are offered by market players flexible LVT, rigid LVT, carpet tile, polyolefin (non-vinyl), rubber, and ceramic form.
MARKET DYNAMICS
The modular flooring market is experiencing significant growth owing to the growing construction sector across the globe especially in APAC. However, fluctuating prices of raw material can hamper the growth of modular flooring market. Meanwhile, increasing home and commercial renovation activities across the globe is expected to flourish the modular flooring market.
MARKET SCOPE
The "Modular Flooring Market Analysis to 2031" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of modular flooring market with detailed market segmentation by type, end use, and geography. The global modular flooring market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading modular flooring market players and offers key trends and opportunities in the modular flooring market.
MARKET SEGMENTATION
The global modular flooring market is segmented on the basis of type and end use. Based on type, the market is segmented into flexible LVT, rigid LVT, carpet tile, polyolefin (non-vinyl), rubber, ceramic, and others. On the basis of end use, the market is segmented as workplace, healthcare, education, retail, household, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global modular flooring market based on various segments. It also provides market size and forecast estimates from 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 modular flooring market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting modular flooring market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the modular flooring market in these regions.
IMPACT OF COVID-19 ON MODULAR FLOORING MARKET
In 2021, the COVID-19 pandemic created a large-scale negative impact on economies across the globe, leading to many challenges, including the modular flooring market. This can be observed that the demand and supply were majorly affected due to low production. Further, the construction industry was negatively impacted due to the lockdown, labor shortage, and lack of demand from end users. The supply chain was also affected, which created a halt in the manufacturing of modular flooring across the globe. However, growing demand for housing among the masses in developed and developing nations has boosted the construction of new houses from 2021.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global modular flooring market based on various segments. It also provides market size and forecast estimates from 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 modular flooring market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting modular flooring market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the modular flooring market in these regions.
IMPACT OF COVID-19 ON MODULAR FLOORING MARKET
In 2021, the COVID-19 pandemic created a large-scale negative impact on economies across the globe, leading to many challenges, including the modular flooring market. This can be observed that the demand and supply were majorly affected due to low production. Further, the construction industry was negatively impacted due to the lockdown, labor shortage, and lack of demand from end users. The supply chain was also affected, which created a halt in the manufacturing of modular flooring across the globe. However, growing demand for housing among the masses in developed and developing nations has boosted the construction of new houses from 2021.
MARKET PLAYERS
The reports cover key developments in the modular 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 partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from modular flooring market are anticipated to lucrative growth opportunities in the future with the rising demand for modular flooring market. Below mentioned is the list of few companies engaged in the modular flooring market.
The report also includes the profiles of key modular flooring market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Mohawk Industries
- Shaw Industries Group, Inc.,
- Rubber Flooring Inc.
- Versare Solutions, LLC
- Mateflex
- Interface, Inc.
- RK Rose+Krieger GmbH System
- Swisstrax
- PORTAFLOOR
- Duratrac Flooring, LTD
- 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 Modular Flooring Market - By Type
1.3.2 Modular Flooring Market - By End User
1.3.3 Modular Flooring Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MODULAR FLOORING 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. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MODULAR 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. MODULAR FLOORING MARKET - GLOBAL MARKET ANALYSIS
6.1. MODULAR FLOORING - GLOBAL MARKET OVERVIEW
6.2. MODULAR FLOORING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MODULAR FLOORING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FLEXIBLE LVT
7.3.1. Overview
7.3.2. Flexible LVT Market Forecast and Analysis
7.4. RIGID LVT
7.4.1. Overview
7.4.2. Rigid LVT Market Forecast and Analysis
7.5. CARPET TILE
7.5.1. Overview
7.5.2. Carpet Tile Market Forecast and Analysis
7.6. POLYOLEFIN (NON-VINYL)
7.6.1. Overview
7.6.2. Polyolefin (Non-vinyl) Market Forecast and Analysis
7.7. RUBBER
7.7.1. Overview
7.7.2. Rubber Market Forecast and Analysis
7.8. CERAMIC
7.8.1. Overview
7.8.2. Ceramic Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. MODULAR FLOORING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. WORKPLACE
8.3.1. Overview
8.3.2. Workplace Market Forecast and Analysis
8.4. HEALTHCARE
8.4.1. Overview
8.4.2. Healthcare Market Forecast and Analysis
8.5. EDUCATION
8.5.1. Overview
8.5.2. Education Market Forecast and Analysis
8.6. RETAIL
8.6.1. Overview
8.6.2. Retail Market Forecast and Analysis
8.7. HOUSEHOLD
8.7.1. Overview
8.7.2. Household Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. MODULAR FLOORING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Modular Flooring Market Overview
9.1.2 North America Modular Flooring Market Forecasts and Analysis
9.1.3 North America Modular Flooring Market Forecasts and Analysis - By Type
9.1.4 North America Modular Flooring Market Forecasts and Analysis - By End User
9.1.5 North America Modular Flooring Market Forecasts and Analysis - By Countries
9.1.5.1 United States Modular Flooring Market
9.1.5.1.1 United States Modular Flooring Market by Type
9.1.5.1.2 United States Modular Flooring Market by End User
9.1.5.2 Canada Modular Flooring Market
9.1.5.2.1 Canada Modular Flooring Market by Type
9.1.5.2.2 Canada Modular Flooring Market by End User
9.1.5.3 Mexico Modular Flooring Market
9.1.5.3.1 Mexico Modular Flooring Market by Type
9.1.5.3.2 Mexico Modular Flooring Market by End User
9.2. EUROPE
9.2.1 Europe Modular Flooring Market Overview
9.2.2 Europe Modular Flooring Market Forecasts and Analysis
9.2.3 Europe Modular Flooring Market Forecasts and Analysis - By Type
9.2.4 Europe Modular Flooring Market Forecasts and Analysis - By End User
9.2.5 Europe Modular Flooring Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Modular Flooring Market
9.2.5.1.1 Germany Modular Flooring Market by Type
9.2.5.1.2 Germany Modular Flooring Market by End User
9.2.5.2 France Modular Flooring Market
9.2.5.2.1 France Modular Flooring Market by Type
9.2.5.2.2 France Modular Flooring Market by End User
9.2.5.3 Italy Modular Flooring Market
9.2.5.3.1 Italy Modular Flooring Market by Type
9.2.5.3.2 Italy Modular Flooring Market by End User
9.2.5.4 United Kingdom Modular Flooring Market
9.2.5.4.1 United Kingdom Modular Flooring Market by Type
9.2.5.4.2 United Kingdom Modular Flooring Market by End User
9.2.5.5 Russia Modular Flooring Market
9.2.5.5.1 Russia Modular Flooring Market by Type
9.2.5.5.2 Russia Modular Flooring Market by End User
9.2.5.6 Poland Modular Flooring Market
9.2.5.6.1 Poland Modular Flooring Market by Type
9.2.5.6.2 Poland Modular Flooring Market by End User
9.2.5.7 Rest of Europe Modular Flooring Market
9.2.5.7.1 Rest of Europe Modular Flooring Market by Type
9.2.5.7.2 Rest of Europe Modular Flooring Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Modular Flooring Market Overview
9.3.2 Asia-Pacific Modular Flooring Market Forecasts and Analysis
9.3.3 Asia-Pacific Modular Flooring Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Modular Flooring Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Modular Flooring Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Modular Flooring Market
9.3.5.1.1 Australia Modular Flooring Market by Type
9.3.5.1.2 Australia Modular Flooring Market by End User
9.3.5.2 China Modular Flooring Market
9.3.5.2.1 China Modular Flooring Market by Type
9.3.5.2.2 China Modular Flooring Market by End User
9.3.5.3 India Modular Flooring Market
9.3.5.3.1 India Modular Flooring Market by Type
9.3.5.3.2 India Modular Flooring Market by End User
9.3.5.4 Japan Modular Flooring Market
9.3.5.4.1 Japan Modular Flooring Market by Type
9.3.5.4.2 Japan Modular Flooring Market by End User
9.3.5.5 South Korea Modular Flooring Market
9.3.5.5.1 South Korea Modular Flooring Market by Type
9.3.5.5.2 South Korea Modular Flooring Market by End User
9.3.5.6 Rest of Asia-Pacific Modular Flooring Market
9.3.5.6.1 Rest of Asia-Pacific Modular Flooring Market by Type
9.3.5.6.2 Rest of Asia-Pacific Modular Flooring Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Modular Flooring Market Overview
9.4.2 Middle East and Africa Modular Flooring Market Forecasts and Analysis
9.4.3 Middle East and Africa Modular Flooring Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Modular Flooring Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Modular Flooring Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Modular Flooring Market
9.4.5.1.1 South Africa Modular Flooring Market by Type
9.4.5.1.2 South Africa Modular Flooring Market by End User
9.4.5.2 Saudi Arabia Modular Flooring Market
9.4.5.2.1 Saudi Arabia Modular Flooring Market by Type
9.4.5.2.2 Saudi Arabia Modular Flooring Market by End User
9.4.5.3 U.A.E Modular Flooring Market
9.4.5.3.1 U.A.E Modular Flooring Market by Type
9.4.5.3.2 U.A.E Modular Flooring Market by End User
9.4.5.4 Rest of Middle East and Africa Modular Flooring Market
9.4.5.4.1 Rest of Middle East and Africa Modular Flooring Market by Type
9.4.5.4.2 Rest of Middle East and Africa Modular Flooring Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Modular Flooring Market Overview
9.5.2 South and Central America Modular Flooring Market Forecasts and Analysis
9.5.3 South and Central America Modular Flooring Market Forecasts and Analysis - By Type
9.5.4 South and Central America Modular Flooring Market Forecasts and Analysis - By End User
9.5.5 South and Central America Modular Flooring Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Modular Flooring Market
9.5.5.1.1 Brazil Modular Flooring Market by Type
9.5.5.1.2 Brazil Modular Flooring Market by End User
9.5.5.2 Argentina Modular Flooring Market
9.5.5.2.1 Argentina Modular Flooring Market by Type
9.5.5.2.2 Argentina Modular Flooring Market by End User
9.5.5.3 Rest of South and Central America Modular Flooring Market
9.5.5.3.1 Rest of South and Central America Modular Flooring Market by Type
9.5.5.3.2 Rest of South and Central America Modular Flooring Market by End User
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. MODULAR FLOORING MARKET, KEY COMPANY PROFILES
11.1. MOHAWK INDUSTRIES
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. SHAW INDUSTRIES GROUP INC.
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. RUBBER FLOORING INC.
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. VERSARE SOLUTIONS, LLC
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. MATEFLEX
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. INTERFACE, INC.
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. RK ROSE+KRIEGER GMBH SYSTEM
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. SWISSTRAX
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. PORTAFLOOR
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. DURATRAC FLOORING, LTD
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.Mohawk Industries
2.Shaw Industries Group Inc.
3.Rubber Flooring Inc.
4.Versare Solutions, LLC
5.Mateflex
6.Interface, Inc.
7.RK Rose+Krieger GmbH System
8.Swisstrax
9.PORTAFLOOR
10.Duratrac Flooring, LTD
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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