Resilient Flooring Market Trends, Share, and Growth (2021-2031)
The Resilient Flooring Market is expected to register a CAGR of 7% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
Resilient Flooring Market covers analysis By Type (Vinyl Flooring, Linoleum Flooring, Rubber Flooring, Others); Application (Residential, Commercial), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Resilient flooring are highly engineered sheet and tile products which are made to withstand heavy use in a variety of commercial and residential buildings. Resilient flooring is manufactured with many different styles and materials. The different types of resilient flooring includes vinyl flooring, linoleum flooring, rubber flooring, and many others. These resilient floors are durable and long-lasting in nature.
Purpose of the ReportThe report Resilient Flooring Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Resilient Flooring Market Segmentation
Type- Vinyl Flooring
- Linoleum Flooring
- Rubber Flooring
- Others
- Residential
- Commercial
Strategic Insights
Resilient Flooring Market Growth Drivers- Home Renovation Drives Flooring Demand: Resilient flooring was always in great demand due to hectic schedules of people and a demand for something that would last long. It is effective in making the entire space look better because it is easy to clean and maintain.
- Resilient Flooring Enhances Indoor Air Quality: The growth of home renovation activities has led to increased demand for resilient flooring. Vinyl, linoleum, and rubber options are gaining popularity in house renovation projects for they are not only aesthetically pleasing but also less demanding in terms of maintenance-cost concerns; thus, many homeowners seek to have affordable yet durable and stylish flooring solutions.
- Low-Maintenance Flooring Solutions Preferred: One of the main benefits of resilient flooring is minimizing concerns over indoor air quality. With low or VOC-free volatiles, these end up being trendy alternatives for healthy consumers who prefer products that reduce allergens and overall bad air. Popular resilient options nowadays are now PVC-free vinyl flooring and cork flooring.
- Sustainability Boosts Resilient Flooring: The market for resilient flooring products is growing, primarily because of increased consumer demand for sustainable and environment-friendly materials. Environmental benefits are enjoyed in increasing numbers of resilient flooring products made from recycled content or biodegradable materials; this trend to be closer to green building practices and sustainable construction accounts for part of the broader trend toward more eco-sensitive construction.
- Eco-friendly Materials in Construction: Market popularity of resilient floor products can be traced back to its capability to mimic appearance of more expensive natural materials like wood, stone, or tile, in which durability and value have improved dramatically. Consumers find this excellent combination of aesthetics with practical benefits and propel the versatility of the product in residential and commercial interior design applications.
- Mimicking Expensive Natural Materials: The popularity for DIY home improvement projects is also in increasing demand for easy-to-install and resilient flooring options. Emphasis should be on the fact that homeowners and small business owners can be provided with peel-and-stick vinyl planks and interlocking rubber tiles, which are relatively hassle-free and cost-effective alternatives for the upgrading of home or office flooring.
- Resilient Flooring in Urban Development: In the wake of global urbanization, there is an increasing number of residential and commercial projects on the rise. Resilience and versatility of Durable, low-cost flooring make it highly specified for large developments from offices and retail environments to health care and educational institutions in support of infrastructure growth.
- Advancements Driving Flooring Market: Improvements in the design of resilient flooring, including reinforced durability and superior acoustic properties, are key drivers for the growth of the market. New technologies, such as digital printing and advanced wear layers, enable the producers to offer a wider variety of textures, styles, and colors, thereby upping the allure of resilient flooring.
- Demand Growth in Commercial Spaces: Strong growth in demand for resilient flooring in commercial areas. It is robust against heavy foot traffic, spills, and stains, which makes it popular for hospitals, schools, stores, and other places. The practicality, the aesthetic nature, and affordability of the flooring help drive market growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Resilient Flooring Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Resilient Flooring Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The North America market is expected to account for the highest CAGR during the forecast period owing to the growing construction industry in the region.
The vinyl flooring type segment accounted for the largest market share in 2023
Ardex Endura, Gerflor, Interface, Inc, Diversey Holdings LTD, AFI Licensing LLC, Wonder Floor, Novalis Innovative Flooring, Mannington Mills, Inc., Unilin, and Nora are some of the key players in the market.
Growing number of residential renovations is a key driver in the market
The Resilient Flooring Market is estimated to witness a CAGR of 7% from 2023 to 2031
Growing trend of DIY is an emerging trend in the market.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Resilient Flooring Market - By Type
1.3.2 Resilient Flooring Market - By Application
1.3.3 Resilient Flooring Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RESILIENT 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. EXPERT OPINIONS
5. RESILIENT 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. RESILIENT FLOORING MARKET - GLOBAL MARKET ANALYSIS
6.1. RESILIENT FLOORING - GLOBAL MARKET OVERVIEW
6.2. RESILIENT FLOORING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. RESILIENT FLOORING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. VINYL FLOORING
7.3.1. Overview
7.3.2. Vinyl Flooring Market Forecast and Analysis
7.4. LINOLEUM FLOORING
7.4.1. Overview
7.4.2. Linoleum Flooring Market Forecast and Analysis
7.5. RUBBER FLOORING
7.5.1. Overview
7.5.2. Rubber Flooring Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. RESILIENT FLOORING 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
9. RESILIENT FLOORING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Resilient Flooring Market Overview
9.1.2 North America Resilient Flooring Market Forecasts and Analysis
9.1.3 North America Resilient Flooring Market Forecasts and Analysis - By Type
9.1.4 North America Resilient Flooring Market Forecasts and Analysis - By Application
9.1.5 North America Resilient Flooring Market Forecasts and Analysis - By Countries
9.1.5.1 United States Resilient Flooring Market
9.1.5.1.1 United States Resilient Flooring Market by Type
9.1.5.1.2 United States Resilient Flooring Market by Application
9.1.5.2 Canada Resilient Flooring Market
9.1.5.2.1 Canada Resilient Flooring Market by Type
9.1.5.2.2 Canada Resilient Flooring Market by Application
9.1.5.3 Mexico Resilient Flooring Market
9.1.5.3.1 Mexico Resilient Flooring Market by Type
9.1.5.3.2 Mexico Resilient Flooring Market by Application
9.2. EUROPE
9.2.1 Europe Resilient Flooring Market Overview
9.2.2 Europe Resilient Flooring Market Forecasts and Analysis
9.2.3 Europe Resilient Flooring Market Forecasts and Analysis - By Type
9.2.4 Europe Resilient Flooring Market Forecasts and Analysis - By Application
9.2.5 Europe Resilient Flooring Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Resilient Flooring Market
9.2.5.1.1 Germany Resilient Flooring Market by Type
9.2.5.1.2 Germany Resilient Flooring Market by Application
9.2.5.2 France Resilient Flooring Market
9.2.5.2.1 France Resilient Flooring Market by Type
9.2.5.2.2 France Resilient Flooring Market by Application
9.2.5.3 Italy Resilient Flooring Market
9.2.5.3.1 Italy Resilient Flooring Market by Type
9.2.5.3.2 Italy Resilient Flooring Market by Application
9.2.5.4 United Kingdom Resilient Flooring Market
9.2.5.4.1 United Kingdom Resilient Flooring Market by Type
9.2.5.4.2 United Kingdom Resilient Flooring Market by Application
9.2.5.5 Russia Resilient Flooring Market
9.2.5.5.1 Russia Resilient Flooring Market by Type
9.2.5.5.2 Russia Resilient Flooring Market by Application
9.2.5.6 Rest of Europe Resilient Flooring Market
9.2.5.6.1 Rest of Europe Resilient Flooring Market by Type
9.2.5.6.2 Rest of Europe Resilient Flooring Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Resilient Flooring Market Overview
9.3.2 Asia-Pacific Resilient Flooring Market Forecasts and Analysis
9.3.3 Asia-Pacific Resilient Flooring Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Resilient Flooring Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Resilient Flooring Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Resilient Flooring Market
9.3.5.1.1 Australia Resilient Flooring Market by Type
9.3.5.1.2 Australia Resilient Flooring Market by Application
9.3.5.2 China Resilient Flooring Market
9.3.5.2.1 China Resilient Flooring Market by Type
9.3.5.2.2 China Resilient Flooring Market by Application
9.3.5.3 India Resilient Flooring Market
9.3.5.3.1 India Resilient Flooring Market by Type
9.3.5.3.2 India Resilient Flooring Market by Application
9.3.5.4 Japan Resilient Flooring Market
9.3.5.4.1 Japan Resilient Flooring Market by Type
9.3.5.4.2 Japan Resilient Flooring Market by Application
9.3.5.5 South Korea Resilient Flooring Market
9.3.5.5.1 South Korea Resilient Flooring Market by Type
9.3.5.5.2 South Korea Resilient Flooring Market by Application
9.3.5.6 Rest of Asia-Pacific Resilient Flooring Market
9.3.5.6.1 Rest of Asia-Pacific Resilient Flooring Market by Type
9.3.5.6.2 Rest of Asia-Pacific Resilient Flooring Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Resilient Flooring Market Overview
9.4.2 Middle East and Africa Resilient Flooring Market Forecasts and Analysis
9.4.3 Middle East and Africa Resilient Flooring Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Resilient Flooring Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Resilient Flooring Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Resilient Flooring Market
9.4.5.1.1 South Africa Resilient Flooring Market by Type
9.4.5.1.2 South Africa Resilient Flooring Market by Application
9.4.5.2 Saudi Arabia Resilient Flooring Market
9.4.5.2.1 Saudi Arabia Resilient Flooring Market by Type
9.4.5.2.2 Saudi Arabia Resilient Flooring Market by Application
9.4.5.3 U.A.E Resilient Flooring Market
9.4.5.3.1 U.A.E Resilient Flooring Market by Type
9.4.5.3.2 U.A.E Resilient Flooring Market by Application
9.4.5.4 Rest of Middle East and Africa Resilient Flooring Market
9.4.5.4.1 Rest of Middle East and Africa Resilient Flooring Market by Type
9.4.5.4.2 Rest of Middle East and Africa Resilient Flooring Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Resilient Flooring Market Overview
9.5.2 South and Central America Resilient Flooring Market Forecasts and Analysis
9.5.3 South and Central America Resilient Flooring Market Forecasts and Analysis - By Type
9.5.4 South and Central America Resilient Flooring Market Forecasts and Analysis - By Application
9.5.5 South and Central America Resilient Flooring Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Resilient Flooring Market
9.5.5.1.1 Brazil Resilient Flooring Market by Type
9.5.5.1.2 Brazil Resilient Flooring Market by Application
9.5.5.2 Argentina Resilient Flooring Market
9.5.5.2.1 Argentina Resilient Flooring Market by Type
9.5.5.2.2 Argentina Resilient Flooring Market by Application
9.5.5.3 Rest of South and Central America Resilient Flooring Market
9.5.5.3.1 Rest of South and Central America Resilient Flooring Market by Type
9.5.5.3.2 Rest of South and Central America Resilient Flooring 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. RESILIENT FLOORING MARKET, KEY COMPANY PROFILES
11.1. ARDEX ENDURA
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. GERFLOR
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. INTERFACE, 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. DIVERSEY HOLDINGS LTD
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. AFI LICENSING LLC
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. WONDER FLOOR
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. NOVALIS INNOVATIVE FLOORING
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. MANNINGTON MILLS, INC
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. UNILIN
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. NORA
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. Ardex Endura
2. Gerflor
3. Interface, Inc.
4. Diversey Holdings LTD
5. AFI Licensing LLC
6. Wonder Floor
7. Novalis Innovative Flooring
8. Mannington Mills, Inc
9. Unilin
10. Nora
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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