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 87,609.8 million in 2021 and is poised to grow at a significant CAGR of 3.9% over 2022-2028, to reach USD 114,340.5 million by 2028. A few key factors fostering the market growth include a rise in the construction of residential and commercial structures, investment in R&D, rapid expansion of tourism and hospitality industries, and growing demand for green building materials coupled with increasing disposable income. However, the market’s growth is being hampered. The soft covering flooring market is used to change the atmosphere of a workplace or to improve the appearance of a home. Cover tiles, matting, and broadloom are examples of dust-restricting soft covering flooring products. Heat protection and commotion reduction, as well as comfort, are some of the benefits of soft flooring. In the flooring sector, manufacturers who specialize in soft covering flooring provide a wide selection of lightweight and recycled raw materials. Over the anticipated period, demand from the residential application segment is likely to be driven by population growth and an increase in the number of nuclear families around the world. Soft-covering flooring insulates against the cold and aids in heat entrapment, resulting in lower energy use. In addition, the majority of economies around the world have seen a trend of renovating old structures to reduce energy consumption, which is expected to drive up product demand over the projection period. By distribution channel segment, contractors hold the market revenue share 2022-2028.

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

Drivers And Restraints

Soft covering flooring market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players such as acquisitions, mergers, expansions and new product launches may enhance the company’s growth. For instance, In 2021, Phenix Flooring, a division of Mannington, announced the launch of FloorEver, a new collection of durable carpet that can withstand the demands of active households, including pets and kids serves up.


North-America got significant share

Soft Covering Flooring Market

The soft covering flooring market in North America is expected to hold the highest share by 2027 and it is expected to grow with a significant rate in the coming years. Increasing retail outlets and commercial structures as a result of growing urbanization is expected to boost demand for construction materials in the country The United States is the region's main source of growth. Over the forecast period, construction of residential and commercial structures is expected to increase dramatically in the United States, resulting in significant growth. Furthermore, over the following eight years, a surge in home renovations is expected to improve the country's market growth.

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

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


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 87,609.8 million in 2021 and is poised to grow at a significant CAGR of 3.9% over 2022-2028, to reach USD 114,340.5 million by 2028. A few key factors fostering the market growth include a rise in the construction of residential and commercial structures, investment in R&D, rapid expansion of tourism and hospitality industries, and growing demand for green building materials coupled with increasing disposable income. However, the market’s growth is being hampered. The soft covering flooring market is used to change the atmosphere of a workplace or to improve the appearance of a home. Cover tiles, matting, and broadloom are examples of dust-restricting soft covering flooring products. Heat protection and commotion reduction, as well as comfort, are some of the benefits of soft flooring. In the flooring sector, manufacturers who specialize in soft covering flooring provide a wide selection of lightweight and recycled raw materials. Over the anticipated period, demand from the residential application segment is likely to be driven by population growth and an increase in the number of nuclear families around the world. Soft-covering flooring insulates against the cold and aids in heat entrapment, resulting in lower energy use. In addition, the majority of economies around the world have seen a trend of renovating old structures to reduce energy consumption, which is expected to drive up product demand over the projection period. By distribution channel segment, contractors hold the market revenue share 2022-2028.

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