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Asia Pacific Flooring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product Type, Material and Application

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    Report

  • 145 Pages
  • September 2022
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5668333
UP TO OFF until Mar 31st 2024
The Asia Pacific flooring market is expected to grow from US$ 189.32 million in 2022 to US$ 280.34 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2022 to 2028.

Most people use the renovation method as the ultimate choice for interior design to enhance the appearance of their homes. Ceramic tiles, carpet, vinyl tiles, laminates, and wood flooring are easy to clean, scratch-resistant, cost-effective, and long-lasting. Hence, customers prefer these products during the renovation process. The increasing demand for refurbishment and renovation in residential and commercial buildings is expected to support the flooring market growth. Additionally, growing customer awareness and rising need for new-age flooring solutions on account of stringent regulations on sustainable and energy-efficient buildings are also expected to augment the demand for flooring solutions in the near future.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC flooring market . The APAC flooring market is expected to grow at a good CAGR during the forecast period.

APAC Flooring Market Segmentation

The APAC flooring market is segmented based on product type, material, application, and country.
  • Based on product type, the APAC flooring market is divided into resilient flooring, non-resilient flooring, and soft cover & others. The non-resilient flooring cruise dominated the APAC flooring market in 2022.
  • Based on material, the APAC flooring market is categorized into carpets and rugs, wood, laminates, vinyl sheets and tiles [homogeneous and heterogeneous, LVT and VCT, and others], ceramic tiles, and stone & others. The ceramic tiles segment dominated the APAC flooring market in 2022.
  • Based on application, the APAC flooring market is categorized into residential and non-residential. The non-residential segment dominated the APAC flooring market in 2022.
  • Based on country, the APAC flooring market is segmented into Australia, China, Japan, India, South Korea, and the Rest of APAC. China would dominate the APAC flooring market in 2022.
Major players operating in the APAC flooring market include Mohawk Flooring; Shaw Industries Group, Inc.; Tarkett; Armstrong Flooring, Inc.; Forbo International SA; Gerflor; Interface, Inc.; Beaulieu International Group; Toil Corporation; and Milliken by Altair.
Frequently Asked Questions about the Asian Pacific Flooring Market

What is the estimated value of the Asian Pacific Flooring Market?

The Asian Pacific Flooring Market was estimated to be valued at $189.32 Million in 2022.

What is the growth rate of the Asian Pacific Flooring Market?

The growth rate of the Asian Pacific Flooring Market is 6.8%, with an estimated value of $280.34 Million by 2028.

What is the forecasted size of the Asian Pacific Flooring Market?

The Asian Pacific Flooring Market is estimated to be worth $280.34 Million by 2028.

Who are the key companies in the Asian Pacific Flooring Market?

Key companies in the Asian Pacific Flooring Market include Mohawk Flooring, Shaw Industries Group, Inc., Tarkett, Armstrong Flooring, Inc., Forbo International SA, Gerflor, Interface, Inc., Beaulieu International Group, Toil Corporation and Milliken.

Table of Contents

1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
1.2.1 APAC Flooring Market, by Product Type
1.2.2 APAC Flooring Market, by Material
1.2.3 APAC Flooring Market, by Application
1.2.4 APAC Flooring Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 Flooring Market, by Process, Grade, and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. APAC Flooring Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 Application
4.4 Expert Opinion
5. APAC Flooring Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Investments by Consumers in Renovation and Construction Using Modern Materials
5.1.2 Growth in Demand for Vinyl Flooring
5.2 Market Restraints
5.2.1 Stringent Government Regulations on Emissions Norms Associated with Manufacturing of Flooring
5.3 Market Opportunities
5.3.1 Technological Innovation
5.4 Future Trends
5.4.1 Increasing Demand For Cost Effective and Energy Efficient Products
5.5 Impact Analysis of Drivers and Restraints
6. Flooring - APAC Market Analysis
6.1 APAC Flooring Market -Revenue and Forecast to 2028 (US$ Billion)
6.2 APAC Flooring Market -Volume and Forecast to 2028 (Million Square Meter)
7. APAC Floorings Market Analysis - By Product Type
7.1 Overview
7.2 APAC Floorings Market, By Product Type (2021 and 2028)
7.3 Resilient Flooring
7.3.1 Overview
7.3.2 Resilient Flooring: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
7.3.3 Resilient Flooring: Floorings Market -Volume and Forecast to 2028 (Million Square Meter)
7.4 Non-resilient Flooring
7.4.1 Overview
7.4.2 Non-resilient Flooring: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
7.4.3 Non-Resilient Flooring: Floorings Market -Volume and Forecast to 2028 (Million Square Meter)
7.5 Soft Cover and Others
7.5.1 Overview
7.5.2 Soft Cover and Others: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
7.5.3 Soft Cover and Others: Floorings Market -Volume and Forecast to 2028 (Million Square Meter)
8. APAC Floorings Market Analysis - By Material
8.1 Overview
8.2 APAC Floorings Market, By Material (2021 and 2028)
8.3 Carpets and Rugs
8.3.1 Overview
8.3.2 Carpets and Rugs: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.4 Wood
8.4.1 Overview
8.4.2 Wood: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.5 Laminates
8.5.1 Overview
8.5.2 Laminates: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.6 Vinyl Sheets and Tiles
8.6.1 Overview
8.6.2 Vinyl Sheets and Tiles: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.6.3 Homogeneous and Heterogeneous: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.6.4 LVT and VCT: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.6.5 Others: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.7 Ceramic Tiles
8.7.1 Overview
8.7.2 Ceramic Tiles: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
8.8 Stone and Others
8.8.1 Overview
8.8.2 Stone and Others: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
9. APAC Floorings Market Analysis - By Application
9.1 Overview
9.2 APAC Floorings Market, By Application (2021 and 2028)
9.3 Packaging
9.3.1 Overview
9.3.2 Packaging: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
9.4 Non- Residential
9.4.1 Overview
9.4.2 Non- Residential: Floorings Market - Revenue and Forecast to 2028 (US$ Billion)
10. APAC Flooring Market - By Country Analysis
10.1 Asia-Pacific: Flooring Market
10.1.1 Asia-Pacific: Flooring Market, by Key Country
10.1.1.1 Australia: Flooring Market -Analysis and Forecast to 2028 (US$ Billion)
10.1.1.1.1 Australia: Flooring Market, by Product Type
10.1.1.1.2 Australia: Flooring Market, by Material
10.1.1.1.3 Australia: Flooring Market, by Application
10.1.1.2 China: Flooring Market -Analysis and Forecast to 2028 (US$ Billion)
10.1.1.2.1 China: Flooring Market, by Product Type
10.1.1.2.2 China: Flooring Market, by Material
10.1.1.2.3 China: Flooring Market, by Application
10.1.1.3 India: Flooring Market -Analysis and Forecast to 2028 (US$ Billion)
10.1.1.3.1 India: Flooring Market, by Product Type
10.1.1.3.2 India: Flooring Market, by Material
10.1.1.3.3 India: Flooring Market, by Application
10.1.1.4 Japan: Flooring Market -Analysis and Forecast to 2028 (US$ Billion)
10.1.1.4.1 Japan: Flooring Market, by Product Type
10.1.1.4.2 Japan: Flooring Market, by Material
10.1.1.4.3 Japan: Flooring Market, by Application
10.1.1.5 South Korea: Flooring Market -Analysis and Forecast to 2028 (US$ Billion)
10.1.1.5.1 South Korea: Flooring Market, by Product Type
10.1.1.5.2 South Korea: Flooring Market, by Material
10.1.1.5.3 South Korea: Flooring Market, by Application
10.1.1.6 Rest of Asia-Pacific: Flooring Market -Analysis and Forecast to 2028 (US$ Billion)
10.1.1.6.1 Rest of Asia-Pacific: Flooring Market, by Product Type
10.1.1.6.2 Rest of Asia-Pacific: Flooring Market, by Material
10.1.1.6.3 Rest of Asia-Pacific: Flooring Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Mohawk Flooring
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Shaw Industries Group, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Tarkett
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Armstrong Flooring, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Forbo International SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Gerflor
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Interface, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Beaulieu International Group
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Toli Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Milliken
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Mohawk Flooring
  • Shaw Industries Group, Inc.
  • Tarkett
  • Armstrong Flooring, Inc.
  • Forbo International SA
  • Gerflor
  • Interface, Inc.
  • Beaulieu International Group
  • Toil Corporation
  • Milliken