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Global Soft Covering Flooring Market 2021 Recent Study including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts

Soft Covering Flooring

The report focuses on the favorable Global “Soft Covering Flooring market” and its expanding nature. The Soft Covering Flooring market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • Soft covering flooring includes broadloom and carpet tile. The key raw materials required for the production of the carpet tiles and broadlooms are synthetic fibers, like polyester, polypropylene, nylon, and triexta. Benefits of soft covering flooring are heat insulation and noise reduction, along with comfort. The soft covering flooring market is expected to grow with a CAGR of 3.2% 2018-2024.
  • – Investment in R&D works by major players for product innovation, design, and service is expected to positively impact the growth of the market studied.
  • – Technological innovations aimed at providing a variety of dying technologies to create different patterns, solid colors, and design continuity are projected to contribute to product demand.
  • – The soft covering flooring market is highly competitive with major manufacturers focusing on innovative styles, product differentiation, designs, and effective services to gain greater market share.
  • – Change in prices of raw materials due to varying market conditions has a significant impact on the final price of the products.
  • – The shift toward hard floor coverings, such as wood and ceramics, along with high sensitivity to economic fluctuations is likely to hinder the growth prospects of the mar

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    Key Manufacturers

  • Tandus Group Inc.
  • Milliken & Company
  • Engineered Floors LLC
  • Shaw Industries Group Inc.
  • Interface Inc.
  • Abbey Carpet & Floor Inc.
  • Beaulieu International Group NV
  • Bentley Mills Inc.
  • Cargill Inc.
  • Mannington Mills Inc.
  • Balta Industries NV
  • Royalty Carpet Mills Inc.
  • Dixie Group Inc.
  • Mohawk Industries Inc.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Soft Covering Flooring market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Soft Covering Flooring market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Soft Covering Flooring market have also been involved in the study.

    Scope of the Report:

  • A complete background analysis of the soft covering flooring market, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics and market overview, is covered in the report. The report also features the qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry value chain.

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    TOC of Soft Covering Flooring Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Soft Covering Flooring market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Soft Covering Flooring Market Report Covered:

    • The report analyses how Soft Covering Flooring market will grow in the future.
    • Analyzing various perspectives of the Soft Covering Flooring market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Soft Covering Flooring market shares and policies employed by the major market players.
    • Competitive landscape including the Soft Covering Flooring market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Soft Covering Flooring market players

    Key Market Trends:

    Residential Application Segment

    In 2017, the residential application segment accounted for 54.1% of the market share (in terms of revenue). This was due to its high insulating properties that help to prevent the floor from getting too cold, thereby reducing energy consumption.

    The Middle East & Africa is expected to register high growth in the rising product demand in the residential application, on account of rising consumer spending on residential replacement and household interior.

    The is the Largest Producer of Carpet Tile

    – The is the largest producer of carpet tile worldwide. In 2015, the top five largest manufacturers were Interface, Shaw, Milliken, Mohawk, and Tandus. These five US-based companies accounted for nearly 48% of global volume.
    – Following the United States, the main list of producers of carpet tile is China, Japan, the Netherlands, the United Kingdom, Belgium, and Australia.
    – In 2015, China surpassed Japan as the largest producer of carpet tiles in Asia. The is the largest producer of carpet tile and a leader in global consumption.

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    Study objectives of Soft Covering Flooring Market Report:

    • To provide a detailed analysis of the market structure along with the Soft Covering Flooring market forecast of various segments and sub-segments of the Soft Covering Flooring market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Soft Covering Flooring market trends that influence the global Soft Covering Flooring market

    Detailed TOC of Soft Covering Flooring Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Key Deliverables of the Study
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.2.1 Rising Utilization of Carpet Tiles in Residential and Commercial Applications
    4.2.2 Increasing Commercial Construction Activity
    4.3 Restraints
    4.3.1 Increasing Utilization of Other Products
    4.4 Trends Shaping the Global Soft Covering Flooring Market
    4.5 Porter’s Five Forces Analysis
    4.6 Industry Value Chain Analysis
    4.7 Challenges of the Global Soft Covering Flooring Market
    4.8 Recent Developments in the Market
    4.9 Technological Innovations

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Broadloom
    5.1.2 Carpet Tile
    5.2 By Application
    5.2.1 Residential
    5.2.2 Commercial
    5.3 Geography
    5.3.1 North America
    5.3.2 South America
    5.3.3 Europe
    5.3.4 Asia-Pacific
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Tandus Group Inc.
    6.1.2 Milliken & Company
    6.1.3 Engineered Floors LLC
    6.1.4 Shaw Industries Group Inc.
    6.1.5 Interface Inc.
    6.1.6 Abbey Carpet & Floor Inc.
    6.1.7 Beaulieu International Group NV
    6.1.8 Bentley Mills Inc.
    6.1.9 Cargill Inc.
    6.1.10 Mannington Mills Inc.
    6.1.11 Balta Industries NV
    6.1.12 Royalty Carpet Mills Inc.
    6.1.13 Dixie Group Inc.
    6.1.14 Mohawk Industries Inc.

    7 INVESTMENT ANALYSIS ON THE GLOBAL SOFT COVERING FLOORING MARKET

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    9 APPENDIX

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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