North America Indoor Flooring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Ceramic Tiles, Carpet, Vinyl Linoleum and Rubber, Wood and Laminate, and Others); End-user (Residential, and Non-Residential).
Market Introduction
Indoor flooring exhibits desirable properties such as waterproof, anti-static, scratch resistance, anti-skid, and other features. These desirable properties have made them the favored indoor flooring in industrial and construction industries. Indoor flooring protects the concrete, tiles, other surfaces onto which they are installed and is responsible for extending the underlying floor bases' life. They are inert to oils, detergents, and cleaners. Indoor flooring is also used to improve the aesthetic appeal of the floor. They are available in several colors, shades, and textures.
The report provides trends prevailing in the North America indoor flooring market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to rising in number of commercial and residential construction projects and surge in product innovations and launches are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period owing to stringent government regulations and high cost of installation and maintenance.
North America is one of the most important regions for adopting and developing new technologies due to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the region's economic growth negatively. COVID-19 has negatively impacted businesses in the region in four critical areas, such as supply chain/operations, workforce, 2020 investments, and product offering. According to World meter till 24th March, 2021 30,774,033 cases have been registered in the US alone. In the first nine months, overhead costs, including expenses for sales, Research & Development (R&D), and administration of various providers fell adversely, due to severe measures taken during the pandemic. Despite the effects of the North America outbreak, earnings were improved, primarily due to continuous optimization of the cost structure. Besides, owing to the rising number of cases in North America, many ongoing projects that were considered essential by the government authorities were not stopped, but new residential construction permits were suspended.
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Market Overview and Dynamics
The North America indoor flooring market in the North America is expected to grow from US$ 27.35 billion in 2021 to US$ 37.94 billion by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. Floors coating systems used in indoor and outdoor sports arenas need the right combination of properties such as excellent point elasticity, skid resistance, surface elasticity, and rebound properties. They should also be extremely durable, while displaying excellent optical characteristics and compatibility with commonly used coloring materials and additives. High-performance polyurethane floor coatings impart excellent elasticity and good grip to surfaces while allowing players to be agile and move skillfully on the court, which makes it a preferred material for coating floors in indoor sports halls; tennis, volleyball, and basketball courts; and wrestling and gymnastic halls. The rising expenditure by government and private construction companies in building sports complexes and arenas has led to the development of numerous sports facilities in urban as well as suburban areas, which are likely to generate a high demand for specialized high-performance indoor flooring materials in the coming years.
In terms of type, the carpet segment accounted for the largest share of the North America indoor flooring market in 2020. In terms of end user, the residential segment accounted for the largest share of the North America indoor flooring market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America indoor flooring market in North America are company websites, annual reports, financial reports, national government documents, and statistical databases, among others. Major companies listed in the report are Forbo International SA, Mats Inc. , Armstrong Flooring, Inc., Beaulieu International Group , Ecore International , Interface, Inc. ,Toli Corporation , Mohawk Industries, Inc. ,Shaw Industries Group, Inc.
Reasons to buy report
- To understand the North America indoor flooring market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for the North America indoor flooring markets.
- Efficiently plan M&A and partnership deals in the North America indoor flooring market by identifying market segments with the most promising probable sales
- Helps to make knowledgeable business decisions from a perceptive and comprehensive analysis of the market performance of various segments for the North America indoor flooring market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in the North America region.
North America Indoor Flooring Market Segmentation
By Type
- Ceramic Tiles
- Carpet
- Vinyl Linoleum & Rubber
- Wood & Laminate
- Others
By End User
- Residential
- Non-Residential
By Country
- North America
- US
- Canada
- Mexico
Companies Mentioned -
- Forbo International SA
- Mats Inc
- Armstrong Flooring, Inc.
- Beaulieu International Group
- Ecore International
- Interface, Inc.
- Toli Corporation
- Mohawk Industries, Inc.
- Shaw Industries Group, Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Indoor Flooring Market – By Type
1.3.2 North America Indoor Flooring Market – By End User
1.3.3 North America Indoor Flooring Market – By Country
2. North America Indoor Flooring - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Indoor Flooring Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert Opinions
5. North America Indoor Flooring Market – Key Industry Dynamics
5.1 Key Drivers
5.1.1 Rise in Number of Commercial and Residential Construction Projects
5.1.2 Surge in Product Innovations and Launches
5.2 Key Restraints
5.2.1 Stringent Government Regulations
5.2.2 High Installation and Maintenance Costs
5.3 Key Opportunities
5.3.1 Increasing Use of Floor Coatings in Sports Complexes
5.4 Key Future Trends:
5.4.1 Advancements in Indoor Flooring Materials
5.5 Impact Analysis of Drivers and Restraints
6. North America Indoor Flooring – Country Market Analysis
6.1 North America Indoor Flooring Market Country Overview
6.2 North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
7. North America Indoor Flooring Market Analysis– By Type
7.1 Overview
7.2 North America Indoor Flooring Market, by Type(2020 and 2028)
7.3 Ceramic Tiles
7.3.1 Overview
7.3.2 Ceramic Tiles: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
7.4 Carpet
7.4.1 Overview
7.4.2 Carpets: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
7.5 Vinyl Linoleum and Rubber
7.5.1 Overview
7.5.2 Vinyl Linoleum and Rubber: North America Indoor Flooring Market Revenue and Forecast to 2028 (US$ Billion)
7.6 Wood and Laminate
7.6.1 Overview
7.6.2 Wood and Laminate: North America Indoor Flooring Market Revenue and Forecast to 2028 (US$ Billion)
7.7 Others
7.7.1 Overview
7.7.2 Others: North America Indoor Flooring Market Revenue and Forecast to 2028 (US$ Billion)
8. North America Indoor Flooring Market Analysis – By End User
8.1 Overview
8.2 North America Indoor Flooring Market, by End User(2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
8.4 Non-Residential
8.4.1 Overview
8.4.2 Non-Residential: North America Indoor Flooring Market – Revenue and Forecast to 2027 (US$ Billion)
9. North America Indoor Flooring Market – Country Analysis
9.1 Overview
9.2 North America: North America Indoor Flooring Market
9.2.1 North America: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
9.2.1.1 US: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
9.2.1.1.1 US: North America Indoor Flooring Market, by Type
9.2.1.1.2 US: North America Indoor Flooring Market, by End User
9.2.1.2 Canada: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
9.2.1.2.1 Canada: North America Indoor Flooring Market, by Type
9.2.1.2.2 Canada: North America Indoor Flooring Market, by End User
9.2.1.3 Mexico: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
9.2.1.3.1 Mexico: North America Indoor Flooring Market, by Type
9.2.1.3.2 Mexico: North America Indoor Flooring Market, by End User
10. Impact of COVID-19 Outbreak
10.1 Impact of COVID-19 Pandemic on North America Indoor Flooring Market
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Strategy and Business Planning
11.2 Product news
11.3 Merger and Acquisition
12. Company Profiles
12.1 Forbo International SA
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 Mats 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 Armstrong Flooring, Inc.
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 Beaulieu International Group
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 Ecore International
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 Interface, Inc.
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 Toli Corporation
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 Mohawk Industries, Inc.
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 Shaw Industries Group, Inc.
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
13. Appendix
13.1 About the Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America: North America Indoor Flooring Market, by Type – Revenue and Forecast to 2028 (US$ Billion)
Table 2. North America: North America Indoor Flooring Market, by End User – Revenue and Forecast to 2028 (US$ Billion)
Table 3. US: North America Indoor Flooring Market, by Type –Revenue and Forecast to 2028 (US$ Billion)
Table 4. US: North America Indoor Flooring Market, by End User –Revenue and Forecast to 2028 (US$ Billion)
Table 5. Canada: North America Indoor Flooring Market, by Type – Revenue and Forecast to 2028 (US$ Billion)
Table 6. Canada: North America Indoor Flooring Market, by End User – Revenue and Forecast to 2028 (US$ Billion)
Table 7. Mexico: North America Indoor Flooring Market, by Type – Revenue and Forecast to 2028 (US$ Billion)
Table 8. Mexico: North America Indoor Flooring Market, by End User – Revenue and Forecast to 2028 (US$ Billion)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Indoor Flooring Market Segmentation
Figure 2. North America Indoor Flooring Market Overview
Figure 3. Carpet segment Held the Largest Share During Forecast Period
Figure 4. North America Indoor Flooring Market, Country Analysis
Figure 5. North America: PEST Analysis
Figure 6. North America Indoor Flooring Market Impact Analysis of Drivers and Restraint
Figure 7. Country Overview of North America Indoor Flooring Market
Figure 8. North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 9. North America Indoor Flooring Market Revenue Share, by Type(2020 and 2028)
Figure 10. Ceramic Tiles: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 11. Carpets: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 12. Vinyl Linoleum and Rubber: North America Indoor Flooring Market Revenue and Forecast to 2028(US$ Billion)
Figure 13. Wood and Laminate: North America Indoor Flooring Market Revenue and Forecast to 2028 (US$ Billion)
Figure 14. Other : North America Indoor Flooring Market Revenue and Forecast to 2028 (US$ Billion)
Figure 15. North America Indoor Flooring Market Revenue Share, by End User (2020 and 2028)
Figure 16. Residential: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 17. Non-Residential: North America Indoor Flooring Market– Revenue and Forecast to 2028 (US$ Billion)
Figure 18. North America Indoor Flooring Market Revenue Share, by Region (2020 and 2028)
Figure 19. North America: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 20. US: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 21. Canada: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 22. Mexico: North America Indoor Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 23. Impact of COVID-19 Pandemic in North American Country Markets
- Forbo International SA
- Mats Inc
- Armstrong Flooring, Inc.
- Beaulieu International Group
- Ecore International
- Interface, Inc.
- Toli Corporation
- Mohawk Industries, Inc.
- Shaw Industries Group, Inc.
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