Press Release

Soft Covering Flooring Market 2019 by Industry Size, Current Industry Status, Growth Factors, Types, and Applications Forecast to 2024

Soft Covering Flooring

Report Titled: “Global Soft Covering Flooring Market - Growth, Trends, and Forecast (2019 - 2024)

The Research Report on “Soft Covering Flooring Market” 2019 report includes every aspect of the Soft Covering Flooring industry along with the progress performance. Soft Covering Flooring Market report presents an analysis of market size, share, and growth, trends, and price structure, statistical and detailed data of the Soft Covering Flooring industry. Additionally, Soft Covering Flooring Market 2019 research report offers key analysis on the industry status of the Soft Covering Flooring producers with market size, growth, share, trends as well as business price structure.

The Soft Covering Flooring Market report is a professional and detailed study on the Soft Covering Flooring business. Soft Covering Flooring market to predict future market directions between the forecast periods from 2019 to 2024 providing you with vital data for your business decisions.

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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.
  • 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 Report Also Covers Offer for New Project Includes:

    • Market Entry Strategies
    • Countermeasures of Economic Impact
    • Marketing Channels
    • Feasibility Studies of New Project Investment
    • Research Conclusions of the Soft Covering Flooring Industry

    The report provides key statistics on the market status of the Soft Covering Flooring Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Soft Covering Flooring .

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    Soft Covering Flooring Market Report Also Covers Marketing Strategy Analysis, Top 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.
  • 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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    Detailed TOC of Soft Covering Flooring Market Report are:

    1.1 Key Deliverables of the Study
    1.2 Study Assumptions
    1.3 Scope of the Study



    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

    5.1 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

    6.1 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.





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