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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Soft Covering Flooring Market: By Product, By Distribution Channel, By End-User and Region Forecast 2019-2030
Soft Covering Flooring Market: By Product, By Distribution Channel, By End-User and Region Forecast 2019-2030
Soft Covering Flooring Market size was valued at US$ 90,946.7 million in 2023 and is poised to grow at a significant CAGR of 3.9% from 2024-2030. Soft covering flooring producers provide a variety of products, including carpets and area rugs, as well as roll goods, carpet tiles, bathmats, and broadlooms, among others. The carpet tile segment is anticipated to grow at significant CAGR over the forecast years due to the convenience of rotation and replacement that the product offers and increasing demand primarily from retail facilities, hospitality spaces, educational and other institutions, airports, healthcare facilities, offices.
Moreover, Government-wide Circular Economy Initiative, which aims to create a circular economy in the Netherlands by 2050, is boosting the country's construction industry. Growing commercial and residential construction activities across the globe results in high demand for a variety of soft covering flooring. Moreover, increasing production of variety of products such as bath mates, broadlooms, and others by manufacturers is anticipated to drive growth of the global market over the forecast period.
Study Period
2024-2030Base Year
2023CAGR
3.9%Largest Market
Asia-PacificFastest Growing Market
North America
Rising investments in building & construction activities, particularly in residential projects that are supported by innovative products & technologies and durable & high-end storage solutions are flourishing the industry growth. Moreover, the factors such as increased expenditure on the remodeling of commercial buildings such as offices, schools, hotels, malls are projected to offer enormous opportunities for soft covering flooring market. With the improving standard of living, the consumers are prone towards the superior interior decoration and aesthetic enhancement, mainly for flooring, fuelling the market.
The soft covering flooring market in North America is likely to hold the highest revenue share of in 2021 and same trend is expected over the forecast period due high access of the product in residential and commercial buildings. North America accounted for the highest percentage of the total share, followed by Europe and the Asia Pacific region & its anticipated to hold its position till 2024. The Asia Pacific region is predicted to expand rapidly in the global market owing to the expansion of the construction industry in several emerging countries such as South Korea and some Indo-Chinese areas.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 90,946.7 million |
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Market CAGR |
3.9% |
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By Product Type |
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By Distribution Channel |
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By End-User |
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By Region |
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Soft covering flooring market size was valued at US$ 90,946.7 million in 2023 and is projected to grow at a significant CAGR of 3.9% from 2024-2030.
Mohawk Industries, Bentley Mills Inc., Milliken and Company, the Dixie Group Inc., Mannington Mills Inc., Engineered Floors LLC
North America is the fastest-growing region for Soft Covering Flooring Market
| 1. Executive Summary |
| 2. Global Soft Covering Flooring Market Introduction |
| 2.1. Global Soft Covering Flooring Market - Taxonomy |
| 2.2. Global Soft Covering Flooring Market -Definitions |
| 2.2.1. Product |
| 2.2.2. Distribution Channel |
| 2.2.3. End User |
| 3. Global Soft Covering Flooring Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Soft Covering Flooring Market Dynamic |
| 3.6. Global Soft Covering Flooring Market - Competition Landscape |
| 3.7. Epidemiology |
| 4. Global Soft Covering Flooring Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Soft Covering Flooring Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Broadloom |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Carpet Tile |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Soft Covering Flooring Market Forecast, By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Contractors |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Specialty Stores |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Home Centers |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Soft Covering Flooring Market Forecast, By End User, 2019 - 2023 and Forecast 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Residential Replacement |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Commercial |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Builder |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Soft Covering Flooring Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Soft Covering Flooring Market - Opportunity Analysis Index, By Product, Distribution Channel, End User and Region, 2024 - 2030 |
| 9. North America Soft Covering Flooring Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Broadloom |
| 9.1.2. Carpet Tile |
| 9.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Contractors |
| 9.2.2. Specialty Stores |
| 9.2.3. Home Centers |
| 9.2.4. Others |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Residential Replacement |
| 9.3.2. Commercial |
| 9.3.3. Builder |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Soft Covering Flooring Market - Opportunity Analysis Index, By Product, Distribution Channel, End User, and Country, 2024 - 2030 |
| 9.6. North America Soft Covering Flooring Market Dynamics - Trends |
| 10. Europe Soft Covering Flooring Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. By Product Analysis 2016 - 2020 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Broadloom |
| 10.1.2. Carpet Tile |
| 10.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Contractors |
| 10.2.2. Specialty Stores |
| 10.2.3. Home Centers |
| 10.2.4. Others |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Residential Replacement |
| 10.3.2. Commercial |
| 10.3.3. Builder |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Soft Covering Flooring Market - Opportunity Analysis Index, By Product, Distribution Channel, End User, and Country, 2024 - 2030 |
| 10.6. Europe Soft Covering Flooring Market Dynamics - Trends |
| 11. Asia-Pacific Soft Covering Flooring Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Broadloom |
| 11.1.2. Carpet Tile |
| 11.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Contractors |
| 11.2.2. Specialty Stores |
| 11.2.3. Home Centers |
| 11.2.4. Others |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Residential Replacement |
| 11.3.2. Commercial |
| 11.3.3. Builder |
| 11.4. Country Analysis2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Soft Covering Flooring Market - Opportunity Analysis Index, By Product, Distribution Channel, End User, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Soft Covering Flooring Market Dynamics - Trends |
| 12. Latin America Soft Covering Flooring Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Broadloom |
| 12.1.2. Carpet Tile |
| 12.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Contractors |
| 12.2.2. Specialty Stores |
| 12.2.3. Home Centers |
| 12.2.4. Others |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Residential Replacement |
| 12.3.2. Commercial |
| 12.3.3. Builder |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Soft Covering Flooring Market - Opportunity Analysis Index, By Product, Distribution Channel, End User, and Country, 2024 - 2030 |
| 12.6. Latin America Soft Covering Flooring Market Dynamics - Trends |
| 13. Middle East and Africa Soft Covering Flooring Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Broadloom |
| 13.1.2. Carpet Tile |
| 13.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Contractors |
| 13.2.2. Specialty Stores |
| 13.2.3. Home Centers |
| 13.2.4. Others |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Residential Replacement |
| 13.3.2. Commercial |
| 13.3.3. Builder |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Soft Covering Flooring Market - Opportunity Analysis Index, By Product, Distribution Channel, End User, and Country, 2024 - 2030 |
| 13.6. MEA Soft Covering Flooring Market Dynamics - Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Distribution Channel& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Abbey Carpet & Floor |
| 14.2.2. Beaulieu International Group |
| 14.2.3. Bentley Mills, Inc. |
| 14.2.4. Cargill, Incorporated |
| 14.2.5. Engineered Floors LLC |
| 14.2.6. Interface, Inc. |
| 14.2.7. Mannington Mills, Inc. |
| 14.2.8. Milliken & Company |
| 14.2.9. Mohawk Industries |
| 14.2.10. Shaw Industries Group, Inc. |
| 14.2.11. The Dixie Group, Inc. |
| 14.2.12. Trinseo S.A. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.