The U.S. resilient flooring market size is expected to reach USD 65.2 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 15.2% in terms of revenue, during the forecast period. Increase in construction of single family dwellings, boosting the overall residential construction is expected to drive the market growth.
The technological advancements in the industry have resulted in the production of stable cores along with resilient flooring products having scratch and scuff resistance and noise mitigation properties. The advancements in printing technologies, such as digital printing, aid manufacturers to provide a variety of patterns along with realistic visuals such as tiles and woods.
The market is expected to witness internal threat of substitution, where polyvinyl chloride is anticipated to witness linoleum. The volatility of raw material prices, including polyvinyl chloride, which can be attributed to the fluctuations in crude oil prices is anticipated to impact the industry growth.
The market players focus mainly on innovation for developing eco-friendly, cost-effective, durable, and low-maintenance flooring solutions for a wide range of applications. Furthermore, majority of companies offer installation and post-installation services. Brand loyalty and brand recognition play an important role in boosting the company’s market share.
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U.S. Resilient Flooring Market Report Highlights
- Luxury vinyl tiles are expected to witness the fastest growth from 2020 to 2027, registering a CAGR of 19.7%, on account of its high durability, flexibility, and sturdiness
- Rubber resilient flooring is expected to reach 21.7 million square meters by 2027, owing their waterproof and slip resistance properties, which make them suitable for harsh environments
- Non-residential sector is expected to witness fastest CAGR of 15.2% in terms of volume over the forecast period, due to ease of cleaning, sterilization, slip and water resistance associated with resilient flooring
- The market is under scrutiny by environmental agencies including EPA and REACH. Regulations in the industry are aimed at VOC emission levels to reduce their impact on the environment
- Key market players lay high emphasis on product availability, which includes extensive product portfolio, consistency of supply, and delivery schedule, which includes the ability to ship products promptly and meet the timelines
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U.S. Resilient Flooring Market Segmentation
Grand View Research has segmented the U.S. resilient flooring market on the basis of product and end use:
U.S. Resilient Flooring Product Outlook (Volume, Thousand Square Meters; Revenue, USD Million, 2016 – 2027)
- Luxury Vinyl Tiles
- Vinyl Sheet & Floor Tile
U.S. Resilient Flooring End-use Outlook (Volume Thousand Square Meters; Revenue, USD Million, 2016 – 2027)
List of Players of U.S. Resilient Flooring Market
- Mohawk Industries, Inc.
- Armstrong Flooring, Inc.
- Tarkett S.A.
- Polyflor Ltd
- Shaw Industries Group, Inc.
- Beaulieu International Group
- Trelleborg AB
- Forbo Flooring Systems
- Interface, Inc.
Key Topic Covered
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.1.1. Global Flooring Market Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends
220.127.116.11. Major Raw Material Trends Analysis
18.104.22.168. Polyvinyl Chloride
22.214.171.124. Vinyl Resin
126.96.36.199. Vinyl Composites
3.3.2. Manufacturing Trends
188.8.131.52. Technology Trends
3.3.3. Sales Channel Analysis
3.4. Technology Framework
3.5. Regulatory Framework
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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