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Soft Covering Flooring Market 2019 Demand Status, Size, Share, Business Plans, New Technologies, Types, Applications, and Forecast by Growth Rate till 2024

Soft Covering Flooring

The “Soft Covering Flooring Market” Report 2019-2024 has adopted a systematic way to evaluate the dynamics of the overall market. Soft Covering Flooring Market reports offers detailed assessment of the Soft Covering Flooring including enabling technologies, key trends, market drivers, challenges, market landscape, opportunities and competitor strategies.

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Market Overview:

  • Soft covering flooring includes broadloom and carpet tile. The key raw materials required for the production of the carpet tiles and broadlooms are synthetic fibers, like polyester, polypropylene, nylon, and triexta. Benefits of soft covering flooring are heat insulation and noise reduction, along with comfort. The soft covering flooring market is expected to grow with a CAGR of 3.2% 2018-2024.
  • – Investment in R&D works by major players for product innovation, design, and service is expected to positively impact the growth of the market studied.
  • – Technological innovations aimed at providing a variety of dying technologies to create different patterns, solid colors, and design continuity are projected to contribute to product demand.
  • – The soft covering flooring market is highly competitive with major manufacturers focusing on innovative styles, product differentiation, designs, and effective services to gain greater market share.
  • – Change in prices of raw materials due to varying market conditions has a significant impact on the final price of the products.
  • – The shift toward hard floor coverings, such as wood and ceramics, along with high sensitivity to economic fluctuations is likely to hinder the growth prospects of the mar

    Soft Covering Flooring Market Covers the Following Manufacturers:

  • Tandus Group Inc.
  • Milliken & Company
  • Engineered Floors LLC
  • Shaw Industries Group Inc.
  • Interface Inc.
  • Abbey Carpet & Floor Inc.
  • Beaulieu International Group NV
  • Bentley Mills Inc.
  • Cargill Inc.
  • Mannington Mills Inc.
  • Balta Industries NV
  • Royalty Carpet Mills Inc.
  • Dixie Group Inc.
  • Mohawk Industries Inc.

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    Key Market Trends:

    Residential Application Segment

    In 2017, the residential application segment accounted for 54.1% of the market share (in terms of revenue). This was due to its high insulating properties that help to prevent the floor from getting too cold, thereby reducing energy consumption.

    The Middle East & Africa is expected to register high growth in the rising product demand in the residential application, on account of rising consumer spending on residential replacement and household interior.

    The United States is the Largest Producer of Carpet Tile

    – The United States is the largest producer of carpet tile worldwide. In 2015, the top five largest manufacturers were Interface, Shaw, Milliken, Mohawk, and Tandus. These five US-based companies accounted for nearly 48% of global volume.
    – Following the United States, the main list of producers of carpet tile is China, Japan, the Netherlands, the United Kingdom, Belgium, and Australia.
    – In 2015, China surpassed Japan as the largest producer of carpet tiles in Asia. The United States is the largest producer of carpet tile and a leader in global consumption.

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    Scope of the Report:

  • A complete background analysis of the soft covering flooring market, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics and market overview, is covered in the report. The report also features the qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry value chain.

    Important Points Covered in Soft Covering Flooring Market Report:

    • Soft Covering Flooring market gives assessments for the regional level analysis with Production, Consumption, Imports, and Exports.
    • Soft Covering Flooring market forecasts for a minimum of five years of all the mentioned segments.
    • Soft Covering Flooring market shares drivers, constraints, opportunities, threats, challenges, investment opportunities.
    • Share constraints for the new entrants in Soft Covering Flooring market
    • Include manufacturing process, suppliers, price, production and consumption analysis.

    This report covers the following questions:

    • What are the difficulties to showcase development?
    • What will the market estimate be in 2024 and what will the improvement rate be?
    • Who are the major key venders in this market space?
    • What are the drivers and opportunities of Soft Covering Flooring market?

    Price of Report: $ 4250 (Single User License)

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    Soft Covering Flooring Market Covers Following Points in TOC:

    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 DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.2.1 Rising Utilization of Carpet Tiles in Residential and Commercial Applications
    4.2.2 Increasing Commercial Construction Activity
    4.3 Restraints
    4.3.1 Increasing Utilization of Other Products
    4.4 Trends Shaping the Global Soft Covering Flooring Market
    4.5 Porter’s Five Forces Analysis
    4.6 Industry Value Chain Analysis
    4.7 Challenges of the Global Soft Covering Flooring Market
    4.8 Recent Developments in the Market
    4.9 Technological Innovations

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Broadloom
    5.1.2 Carpet Tile
    5.2 By Application
    5.2.1 Residential
    5.2.2 Commercial
    5.3 Geography
    5.3.1 North America
    5.3.2 South America
    5.3.3 Europe
    5.3.4 Asia-Pacific
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Tandus Group Inc.
    6.1.2 Milliken & Company
    6.1.3 Engineered Floors LLC
    6.1.4 Shaw Industries Group Inc.
    6.1.5 Interface Inc.
    6.1.6 Abbey Carpet & Floor Inc.
    6.1.7 Beaulieu International Group NV
    6.1.8 Bentley Mills Inc.
    6.1.9 Cargill Inc.
    6.1.10 Mannington Mills Inc.
    6.1.11 Balta Industries NV
    6.1.12 Royalty Carpet Mills Inc.
    6.1.13 Dixie Group Inc.
    6.1.14 Mohawk Industries Inc.

    7 INVESTMENT ANALYSIS ON THE GLOBAL SOFT COVERING FLOORING MARKET

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    9 APPENDIX

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