Soft Covering Flooring Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2022 and Forecast 2022-2028

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Global Soft Covering Flooring Market: By Product (Broadloom and Carpet Tiles), Distribution Channel (Contractors, Specialty Stores, Home Centers and Others), End-User (Residential and Commercial) and Geography

 

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Report

Description

Soft Covering Flooring Market Size is estimated to be valued at USD 90,946.7 million in 2021 and is poised to grow at a significant CAGR of 3.9% over 2022-2028. 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.

 

Recent Market Developments:

In September 2020, Welspun Flooring launched an anti-viral range of flooring solutions for Indian and global markets through integration across the soft flooring ranges – carpet tiles and wall-to-wall tiles

Soft Covering Flooring Market

MARKET SUMMARY
-
3.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR–  3.9%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market–  North America

Soft Covering Flooring Market

  • The report on the global soft covering flooring market gives historical, current, and future market sizes (US$ Bn) on the basis of product type, distribution channel, end-user, and regions
  • The global soft covering flooring market gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa.
Key Players
  • Abbey Carpet & Floor
  • Beaulieu International Group
  • Bentley Mills, Inc.
  • Engineered Floors LLC
  • Interface, Inc.
Soft Covering Flooring Market Dynamics

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.


North-America Got Significant Share

Soft Covering Flooring 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 & it’s 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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about market size, regional market share, historic market (2017-20201), and forecast (2022-2028).
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market.
  • The report provides plethora of information about market entry strategies
Soft Covering Flooring Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Soft Covering Flooring Market is projected to expand at a CAGR of 3.9% during the forecast period

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


Report

Table Of Content

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,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis,2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Broadloom
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast 2022 – 2028 (Revenue, USD Mn)
6.1. Contractors
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast 2022 – 2028 (Revenue, USD Mn)
7.1. Residential Replacement
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2022 – 2028
9. North America Soft Covering Flooring Market Analysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Broadloom
9.1.2. Carpet Tile
9.2. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028by 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, 2022 – 2028
9.6. North America Soft Covering Flooring Market Dynamics – Trends
10. Europe Soft Covering Flooring Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. By Product Analysis 2016 – 2020 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Broadloom
10.1.2. Carpet Tile
10.2. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
10.6. Europe Soft Covering Flooring Market Dynamics – Trends
11. Asia-Pacific Soft Covering Flooring Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 Analysis2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
11.6. Asia-Pacific Soft Covering Flooring Market Dynamics – Trends
12. Latin America Soft Covering Flooring Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Broadloom
12.1.2. Carpet Tile
12.2. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
12.6. Latin America Soft Covering Flooring Market Dynamics – Trends
13. Middle East and Africa Soft Covering Flooring Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
13.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Broadloom
13.1.2. Carpet Tile
13.2. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
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

Report

Company Profile

  • Abbey Carpet & Floor
  • Beaulieu International Group
  • Bentley Mills, Inc.
  • Cargill, Incorporated
  • Engineered Floors LLC
  • Interface, Inc.
  • Mannington Mills, Inc.
  • Milliken & Company
  • Mohawk Industries
  • Shaw Industries Group, Inc.
  • The Dixie Group, Inc.
  • Trinseo S.A.

Description

Soft Covering Flooring Market Size is estimated to be valued at USD 90,946.7 million in 2021 and is poised to grow at a significant CAGR of 3.9% over 2022-2028. 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.

 

Recent Market Developments:

In September 2020, Welspun Flooring launched an anti-viral range of flooring solutions for Indian and global markets through integration across the soft flooring ranges – carpet tiles and wall-to-wall tiles

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