Resilient Flooring Market – Size, Analysis, Forecast & Competition Benchmarking
Overview
Report Segment | Chemical & Advance Materials | Report ID – CGRI3489
Resilient Flooring Market Overview:
The market for Resilient Flooring was valued at XX Bn USD in the year 2023 and expected to reach XX Bn by the year 2030. The CAGR for the market is XX% during the period 2024 -2030.
Resilient flooring is the term used for the type of flooring that sits between hard floors-like stone and soft floors-like carpet. Resilient floor coverings are made from materials that are inherently resilient to a large extent. It is expected that the demand for resilient flooring will increase significantly in the coming period due to the advantages, such as impact resistance, durability, scratch resistance, odor resistance, waterproofing, and ease of cleaning.Vinyl type, Luxury vinyl type and residential sheet vinyl among others are some of the common type of the resilient flooring and these flooring usually lie between soft floors like carpet and hard floors like stone.
The resilient flooring system is denser and non-absorbent and ensures a pliant surface that makes walking comfortable. Additionally, resilient flooring also ensures less maintenance than other flooring. Thus, the demand for resilient flooring is increasing in residential buildings. Resilient flooring is a lot cheaper than non-resilient flooring, and its comparably durable nature makes it a relatively cost-effective option for residential homes and commercial buildings.
Market Dynamics
Resilient Flooring Market Growth Indicators:
- Increasing Demand for Sustainable and Eco-Friendly Flooring Solutions
- Rising Urbanization and Construction Activities in Emerging Economies
- Advancements in Technology Enhancing Product Performance
- Growing Awareness of the Benefits of Low-Maintenance Flooring Options
Rising Urbanization and Construction Activities in Emerging Economies
Rapid urbanization in developing nations is a major factor propelling the resilient flooring market’s expansion. Residential and commercial infrastructure is becoming more and more necessary as more people move to cities in quest of better possibilities. Given resilient flooring’s reputation for longevity, adaptability, and affordability, this spike in building activity offers a significant potential. These flooring choices also suit a range of architectural types since they satisfy different aesthetic tastes. Significant investments in infrastructure development by both the public and private sectors are driving up demand for flooring options that can endure high traffic volumes and environmental stress.
Market Segments
Resilient Flooring Market Report Segments Overview:
Product Type Segment Overview
On the basis of Product Type, the resilient flooring market is segmented into Flexible Luxury Vinyl Tile, Rigid Luxury Vinyl Tile, Sheet Vinyl, Linoleum Flooring, Cork Flooring, Rubber Flooring and Others (Vinyl Composition Tile, etc).The market for resilient flooring is anticipated to be led by the Flexible Luxury Vinyl Tile (LVT) segment. This is mostly because of its adaptability, visual appeal, and simplicity of installation, which make it a well-liked option for both commercial and residential applications. To accommodate a variety of customer tastes, flexible LVT provides a large selection of designs that resemble natural materials like stone and wood. It is also a desirable choice for high-traffic areas because of its longevity and minimal maintenance needs. The increased demand for fashionable yet functional flooring solutions and the expanding trend of home renovations are driving this segment’s expansion and establishing it as a market leader for resilient flooring.
Application Segment Overview
On the basis of application, the resilient flooring market is segmented into Residential, commercial and industrial. Commercial segment is further divided into Healthcare, Educational institute, Hospitality, Retail and Others (stadiums, public spaces, etc). Due in large part to the quick growth of industries including healthcare, education, hospitality, and retail, the commercial segment of the resilient flooring market is expected to dominate. The healthcare and educational institution sub-segments of the commercial sector are especially significant since they need low-maintenance, sanitary, and long-lasting flooring options that can tolerate high foot traffic and frequent cleaning. Furthermore, there is a rising need for resilient flooring solutions that are visually pleasing due to the growing trend of creating adaptable and welcoming environments in the retail and hospitality industries. The commercial sector is positioned as a major driver of growth in the resilient flooring market due to the demand for high-performing and adaptable flooring in these settings, where design and functionality are essential.
Price range Segment OverviewOn the basis of price range, the resilient flooring market is segmented into Low , Medium and High. The resilient flooring market is anticipated to be led by the medium price range segment. This market appeals to a wide spectrum of customers, including commercial and residential buyers, because it achieves a balance between quality and price. Without the higher price tag of premium goods, medium-priced resilient flooring solutions usually combine performance capabilities, durability, and aesthetic appeal to satisfy the demands of both residential and commercial applications. The need for mid-range flooring options that offer durable performance and eye-catching designs is growing as customers look for better deals. This market also gains from the rising popularity of home remodeling and the growth of commercial buildings, as customers on a tight budget seek high-quality solutions without sacrificing design or usefulness.
Regional Outlook
Resilient Flooring Market Regional Outlook:
Fastest Growing Region: Asia Pacific
The Asia-Pacific region is currently the fastest growing market for resilient flooring, driven by rapid urbanization, economic development, and an expanding middle class. Countries like China and India are experiencing significant infrastructure investment, leading to a booming construction industry that demands high-quality flooring solutions. The rise in residential and commercial projects, coupled with an increasing focus on modern interior design, has spurred the demand for versatile and durable flooring materials. Additionally, the region’s growing awareness of sustainability and eco-friendly products is influencing consumer preferences, pushing manufacturers to develop resilient flooring made from recycled and sustainable materials.
Key Players
Resilient Flooring Market Players Mapping:
- Amtico International
- Armstrong Flooring, Inc.
- Beaulieu International Group NV
- Congoleum Corporation
- Forbo Flooring Systems
- Gerflor Group
- Interface, Inc.
- IVC Group (a division of Mohawk Industries)
- Karndean International Ltd.
- LG Hausys, Ltd.
- Mannington Mills, Inc.
- Mohawk Industries, Inc.
- Polyflor Ltd
- Shaw Industries Group, Inc.
- Tarkett SA
Recent Activity by companies in Resilient Flooring Market
In September, 2023, Shaw Industries Group, Inc. announced the launch of its latest line of resilient flooring products designed to meet the growing demand for sustainable and stylish options. This new collection emphasizes eco-friendly materials and innovative designs, aligning with the company’s commitment to sustainability. The introduction features enhanced durability and performance characteristics, making it suitable for both residential and commercial applications. This move not only strengthens Shaw’s portfolio in the resilient flooring market but also reflects the company’s strategic focus on addressing consumer preferences for environmentally responsible products while keeping pace with emerging design trends.
Report Coverage
Resilient Flooring Market Coverage:
By Product Type
- Flexible Luxury Vinyl Tile
- Rigid Luxury Vinyl Tile
- Sheet Vinyl
- Linoleum Flooring
- Cork Flooring
- Rubber Flooring
- Others (Vinyl Composition Tile, etc)
By Application
- Residential
- Commercial
- Healthcare
- Educational institute
- Hospitality
- Retail
- Others (stadiums, public spaces, etc)
- Industrial
By Price Range
- Low
- Medium
- High
By Region:
- North America
- US
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of MEA
Resilient Flooring Market Report Outlook
| Resilient Flooring Market Coverage | 2019- 2030 |
| Fastest Growing Region | Asia Pacific |
| Resilient Flooring Market Forecast | 2024 – 2030 |
| Historical Data | 2019 – 2022 |
| Base Year | 2023 |
| Competition Benchmarking | 10 + Key Players Mapping |
| Report Format | PPT + PDF + Excel |
- Amtico International
- Armstrong Flooring, Inc.
- Beaulieu International Group NV
- Congoleum Corporation
- Forbo Flooring Systems
- Gerflor Group
- Interface, Inc.
- IVC Group (a division of Mohawk Industries)
- Karndean International Ltd.
- LG Hausys, Ltd.
- Mannington Mills, Inc.
- Mohawk Industries, Inc.
- Polyflor Ltd
- Shaw Industries Group, Inc.
- Tarkett SA
- Preface
- Resilient Flooring Market Introduction
- Resilient Flooring Market Stage – Analyst View
- Resilient Flooring Market Segmentation
- Key Research Objectives
- Assumptions and Research Methodology
- Research Methodology
- Primary Data Source
- Secondary Data Sources
- Key Assumptions for Data Modeling
- Research Methodology
- Executive Summary – Global Resilient Flooring Market
- Resilient Flooring Market Analyst View
- Resilient Flooring Market Overview
- Resilient Flooring Market Factor Analysis
- Ecosystem/Value Chain Analysis
- Resilient Flooring Market Dynamics (Growth Influencers)
- Drivers
- Restraints
- Opportunities
- Trends
- Impact Analysis of Drivers and Restraints
- Resilient Flooring Market Analysis – PESTLE
- Resilient Flooring Market Analysis – Porter’s
- Resilient Flooring Market Opportunity Assessment – by Region (North America/Europe/Asia Pacific/Middle East and Africa/South America)
- Product Type
- Application
- Price Range
- Global Resilient Flooring Market Segmentation
- Resilient Flooring Market Revenue Analysis (US$ Bn), 2019 – 2030
- Historic Growth Trends, 2019 – 2022
- Forecast Trends, 2023 – 2030
- Global Resilient Flooring Market Analysis, Product Type
- Overview & Definitions
- Key Product Type Analysis
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , Product Type, 2019 – 2030
- Flexible Luxury Vinyl Tile
- Rigid Luxury Vinyl Tile
- Sheet Vinyl
- Linoleum Flooring
- Cork Flooring
- Rubber Flooring
- Others (Vinyl Composition Tile, etc)
- Global Resilient Flooring Market Analysis, Application
- Overview & Definitions
- Key Application Analysis
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , Application, 2019 – 2030
- Residential
- Commercial
- Healthcare
- Educational institute
- Hospitality
- Retail
- Others (stadiums, public spaces, etc)
- Industrial
- Global Resilient Flooring Market Analysis, Price Range
- Overview & Definitions
- Key Price Range Analysis
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , Price Range, 2019 – 2030
- Low
- Medium
- High
- Global Resilient Flooring Market Analysis and Forecast, By Region
- Key Findings
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , by Region, 2019 – 2030
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- North America Resilient Flooring Market Analysis
- Regional Outlook
- Resilient Flooring Market Size (US$ Bn) Analysis and Forecast (2019 – 2030)
- Product Type
- Application
- Price Range
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , by Country, 2019 – 2030
- U.S.
- Canada
- Mexico
- Europe Resilient Flooring Market Analysis and Forecast
- Regional Outlook
- Resilient Flooring Market Size (US$ Bn) Analysis and Forecast (2019 – 2030)
- Product Type
- Application
- Price Range
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , by Country, 2019 – 2030
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- APAC Resilient Flooring Market Analysis and Forecast
- Regional Outlook
- Resilient Flooring Market Size (US$ Bn) Analysis and Forecast (2019 – 2030)
- Product Type
- Application
- Price Range
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , by Country, 2019 – 2030
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
- Middle East and Africa (MEA) Resilient Flooring Market Analysis and Forecast
- Regional Outlook
- Resilient Flooring Market Size (US$ Bn) Analysis and Forecast (2019 – 2030)
- Product Type
- Application
- Price Range
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , by Country, 2019 – 2030
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of MEA
- South America Resilient Flooring Market Analysis and Forecast
- Regional Outlook
- Resilient Flooring Market Size (US$ Bn) Analysis and Forecast (2019 – 2030)
- Product Type
- Application
- Price Range
- Resilient Flooring Market Size Estimate & Forecast (US$ Bn) , by Country, 2019 – 2030
- Brazil
- Argentina
- Rest of South America
- Resilient Flooring Market | Key Players Market Share Analysis (2023)
- Competition Benchmarking
- Key Players Profiles
- Amtico International
- Company Overview
- Financial Analysis
- Recent Developments
- Portfolio Analysis
- Business Strategy Deep Dive
- SWOT Analysis
- Armstrong Flooring, Inc.
- Beaulieu International Group NV
- Congoleum Corporation
- Forbo Flooring Systems
- Gerflor Group
- Interface, Inc.
- IVC Group (a division of Mohawk Industries)
- Karndean International Ltd.
- LG Hausys, Ltd.
- Mannington Mills, Inc.
- Mohawk Industries, Inc.
- Polyflor Ltd
- Shaw Industries Group, Inc.
- Tarkett SA
- Amtico International
- Key Players Profiles
- Analyst Takeaways
Data Collection and Research:
As a market research and consulting firm with extenstive experience, we have published numerous reports and provided strategic guidance to clients worldwide. Our research process begins with a thorough evaluation of existing data and insights from previously published reports. We gather historical and current market information from sources such as investor presentations, annual reports, SEC filings, and company performance data, leveraging paid databases. Additionally, we consult a variety of publicly available publications for further context.
To obtain both technical and market-specific insights, we engage with industry associations, trade organizations, technical forums, and research institutes. Their publications, including research papers, blogs, and press releases, offer valuable market cues. Moreover, we meticulously analyze white papers, journals, magazines, and news articles published in the last four years to identify and interpret the latest market trends.
Research Compilation and Data Sourcing
The primary interview analysis is based on data gathered from interviews with industry participants and responses to survey questions collected by our in-house research team.
For primary research, we engage with industry professionals such as CEOs, Marketing and Sales Managers, VPs, and Subject Matter Experts from both the demand and supply sides to gain a comprehensive understanding of the market. Our primary research team conducts multiple interviews, tailored to the complexity of each market, to capture key trends and dynamics, ensuring the research is both reliable and accurate.
Research interview are leverage for following key parameters:
- Offers direct insights into market size, trends, growth patterns, competitive landscape, and future outlook.
- Confirms and enhances the findings from in-house secondary research.
- Deepens the analysis team’s expertise and understanding of the market.
- Identifies emerging opportunities and potential challenges within the market.
- Captures real-time feedback and perspectives from key industry stakeholders.
- Enhances the accuracy of market forecasts and projections.
Primary research is conducted through email communications and telephone interviews, targeting each market, category, segment, and sub-segment across various regions. The participants in this process typically include, but are not limited to:
Industry professionals: VPs, business development managers, market intelligence managers, and national sales managers.
External experts: Valuation specialists, research analysts, and key opinion leaders with expertise in the sepcific market sectors.
Primary respondents breakup:
Upon receiving confirmation from primary research sources or respondents, we finalize the base year market estimates and proceed to forecast data. This is done by incorporating the macroeconomic and microeconomic factors evaluated during the data collection phase.
Data Analysis:
After validating the data through secondary and primary sources, we refine the market estimations by developing hypotheses and performing factor analysis at both regional and national levels.
3.1 Macro-Economic Factor Analysis:
We assess macroeconomic indicators such as Gross Domestic Product (GDP), changes in demand across industries, technological advancements, regional economic growth, government policies, the impact of COVID-19, and PEST analysis. This evaluation helps establish benchmarks for different nations and regions and approximates market segments. Additionally, the general trends in these factors assist in identifying potential market growth opportunities.
3.2 Country Level Data:
To determine the market size for specific regions and countries, we consider various country-specific factors. These include the presence of vendors (headquarters and offices), the country’s GDP, demand patterns, and industry growth. We examine growth drivers, inhibitors, application areas, and current market trends to understand the dynamics within each nation. This analysis is crucial for assessing the growth potential of the market in each country.
3.3 Company Profile:
The “Table of Contents” includes a detailed analysis of over 25 to 30 companies operating within the market ecosystem across different geographies. Typically, our syndicate reports profile 10 companies, representing leading, emerging, and regional players. However, our analysis extends beyond these 10 companies to ensure a comprehensive understanding of market trends. The “Company Profiles” section features key facts, business descriptions, products and services, financial information, SWOT analysis, and key developments. Financial data is sourced from annual reports and official documents of publicly listed companies, and is verified through primary sources before compilation. This company-level information is essential for determining the base number and forecasting market size.
3.4 Developing Base Number:
We aggregate sales data, macroeconomic factors, and insights from secondary and primary research to establish the base number and market shares for the base year. This phase involves identifying data gaps and analyzing relevant market data from paid interviews or databases. After finalizing the base year market size, we develop forecasts based on macroeconomic factors, industry growth, and company-level analysis.
Data Triangulation and Final Review:
We validate market findings and base year calculations through both supply and demand-side evaluations. Demand-side validations are based on macroeconomic analysis and regional benchmarks, while supply-side validations involve estimating revenues of major companies using industry benchmarks, employee numbers, product portfolios, and primary interviews. We assess revenue from target product/service segments to ensure accurate market statistics. Significant deviations between supply and demand values prompt a re-evaluation to achieve consistency.
Our iterative approach involves sharing research findings with Subject Matter Experts and Key Opinion Leaders until a consensus view is achieved. This process helps mitigate drastic deviations in expert opinions. We use data triangulation—validating information from secondary sources with primary interviews and re-verifying with internal databases and experts—to ensure high-quality, reliable data is delivered efficiently.
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