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Asia-Pacific Floor Covering Market - Growth, Trends, and Forecast (2019 - 2024)

  • ID: 4771843
  • Report
  • Region: Asia Pacific
  • 158 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Armstrong Flooring
  • Forbo Holding
  • Home Depot Inc.
  • Interface Inc.
  • Mannington Mills Inc. *
  • Nitori Holdings Co Ltd
  • MORE
Market Overview

Asia-Pacific is expected to be the fastest-growing market for floor covering during the forecast period. The growth in the region can be attributed to the growing construction industry, supportive government policies and plans, and rapid urbanization.
  • China is projected to grow at the highest rate in the Asia Pacific floor covering market.
  • Booming industrialization has created significant momentum in the demand for tiles and another flooring across the world and especially in the emerging economies of Asia-Pacific.
  • Investment in infrastructure and capital projects is expected to witness substantial growth in the next few years. Additionally, the residential sector may continue its dominance in the application segments over the predicted period, owing to the replacement demand in the market.
  • The demand for durable, low maintenance, affordable, and visually appealing products has led to innovation in the industry for products that are expected to provide comfort and value for money.
Scope of the Report

The report provides a detailed study with the underlying influencing factors for the variations in the Asia-Pacific floor covering market growth trends. The report scope includes market analysis on regional, as well as country level. The report also provides competitive landscape covering company market shares, with detailed profiling for major revenue contributing companies.

Key Market Trends

China is the Major Exporter of Ceramic Tiles to the United States

The growth in the ceramic tiles market may vary in co-relation with the construction industry. Increasing residential construction is expected to drive the demand for indoor and outdoor wall covering with ceramic tiles. The rising population may significantly boost construction needs, in turn, increasing the demand for ceramic tiles. Furthermore, increasing commercial construction is expected to drive the global ceramic tiles market. Asia-Pacific is anticipated to dominate the global ceramic tiles market, owing to the positive outlook for the construction industry in the major markets, such as India, China, Australia, and New Zealand. China is the major exporter of the ceramic tiles to the United States.

Floor Area of New Office Buildings in Tokyo, Japan

The office building market in Tokyo is experiencing unexpectedly steady inflation, due to high demand from companies looking to relocate and expand their office spaces. In 2015, the total floor area of new office buildings accounted for about 1.09 million square meters. The vacancy rate of offices remains at a historically low level, most of the newly constructed building’s office spaces are already completely reserved.

Competitive Landscape

The report covers major international players operating in the Asia-Pacific floor covering market. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Armstrong Flooring
  • Forbo Holding
  • Home Depot Inc.
  • Interface Inc.
  • Mannington Mills Inc. *
  • Nitori Holdings Co Ltd
  • MORE
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 INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends Influencing the Asia-Pacific Floor Covering Market
4.7 Value Chain Analysis of the Asia-Pacific Floor Covering Market
4.8 Porter's Five Forces Analysis
4.9 Technological Innovations

5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Carpet and Area Rugs
5.1.2 Hardwood Flooring
5.1.3 Ceramic Floor and Wall Tile
5.1.4 Laminate Flooring
5.1.5 Vinyl Sheet and Floor Tile
5.1.6 Other Resilient Flooring
5.1.7 Stone Flooring
5.2 By End User
5.2.1 Household
5.2.2 Commercial
5.3 By Country
5.3.1 China
5.3.2 Japan
5.3.3 South Korea
5.3.4 Taiwan
5.3.5 India
5.3.6 Southeast Asian Countries
5.3.7 Australia

6 COMPANY PROFILES
6.1 Beijing Easyhome Investment Holding Group Co Ltd
6.2 Forbo Holding
6.3 Nitori Holdings Co Ltd
6.4 Ryohin Keikaku Co Ltd
6.5 Armstrong Flooring
6.6 Home Depot Inc.
6.7 TOLI Corporation
6.8 Interface Inc.
6.9 Mannington Mills Inc. *

7 INVESTMENT ANALYSIS ON THE ASIA-PACIFIC FLOOR COVERING MARKET

8 FUTURE OF THE ASIA-PACIFIC FLOOR COVERING MARKET

9 APPENDIX
Note: Product cover images may vary from those shown
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  • Beijing Easyhome Investment Holding Group Co Ltd
  • Forbo Holding
  • Nitori Holdings Co Ltd
  • Ryohin Keikaku Co Ltd
  • Armstrong Flooring
  • Home Depot Inc.
  • TOLI Corporation
  • Interface Inc.
  • Mannington Mills Inc. *
Note: Product cover images may vary from those shown
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