Asia Pacific Flooring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Resilient Flooring, Non-resilient Flooring, and Soft Cover & Others), Material [Carpets and Rugs, Wood, Laminates, Vinyl Sheets and Tiles (Homogeneous and Heterogeneous, LVT and VCT, and Others), Ceramic Tiles, and Stone & Others], and Application (Residential and Non-Residential)
The Asia Pacific flooring market is expected to grow from US$ 189.32 million in 2022 to US$ 280.34 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2022 to 2028.
Most people use the renovation method as the ultimate choice for interior design to enhance the appearance of their homes. Ceramic tiles, carpet, vinyl tiles, laminates, and wood flooring are easy to clean, scratch-resistant, cost-effective, and long-lasting. Hence, customers prefer these products during the renovation process. The increasing demand for refurbishment and renovation in residential and commercial buildings is expected to support the flooring market growth. Additionally, growing customer awareness and rising need for new-age flooring solutions on account of stringent regulations on sustainable and energy-efficient buildings are also expected to augment the demand for flooring solutions in the near future.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific flooring market. The Asia Pacific flooring market is expected to grow at a good CAGR during the forecast period.
Asia Pacific Flooring Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Flooring Market Segmentation
The Asia Pacific flooring market is segmented based on product type, material, application, and country. Based on product type, the Asia Pacific flooring market is divided into resilient flooring, non-resilient flooring, and soft cover & others. The non-resilient flooring cruise dominated the Asia Pacific flooring market in 2022. Based on material, the Asia Pacific flooring market is categorized into carpets and rugs, wood, laminates, vinyl sheets and tiles [homogeneous and heterogeneous, LVT and VCT, and others], ceramic tiles, and stone & others. The ceramic tiles segment dominated the Asia Pacific flooring market in 2022. Based on application, the Asia Pacific flooring market is categorized into residential and non-residential. The non-residential segment dominated the Asia Pacific flooring market in 2022. Based on country, the Asia Pacific flooring market is segmented into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. China would dominate the Asia Pacific flooring market in 2022.
Major players operating in the Asia Pacific flooring market include Mohawk Flooring; Shaw Industries Group, Inc.; Tarkett; Armstrong Flooring, Inc.; Forbo International SA; Gerflor; Interface, Inc.; Beaulieu International Group; Toil Corporation; and Milliken by Altair.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Asia Pacific Flooring Market, by Product Type
1.2.2 Asia Pacific Flooring Market, by Material
1.2.3 Asia Pacific Flooring Market, by Application
1.2.4 Asia Pacific Flooring Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 Flooring Market, by Process, Grade, and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Asia Pacific Flooring Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 Application
4.4 Expert Opinion
5. Asia Pacific Flooring Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Investments by Consumers in Renovation and Construction Using Modern Materials
5.1.2 Growth in Demand for Vinyl Flooring
5.2 Market Restraints
5.2.1 Stringent Government Regulations on Emissions Norms Associated with Manufacturing of Flooring
5.3 Market Opportunities
5.3.1 Technological Innovation
5.4 Future Trends
5.4.1 Increasing Demand For Cost Effective and Energy Efficient Products
5.5 Impact Analysis of Drivers and Restraints
6. Flooring – Asia Pacific Market Analysis
6.1 Asia Pacific Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
6.2 Asia Pacific Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
7. Asia Pacific Floorings Market Analysis – By Product Type
7.1 Overview
7.2 Asia Pacific Floorings Market, By Product Type (2021 and 2028)
7.3 Resilient Flooring
7.3.1 Overview
7.3.2 Resilient Flooring: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
7.3.3 Resilient Flooring: Floorings Market –Volume and Forecast to 2028 (Million Square Meter)
7.4 Non-resilient Flooring
7.4.1 Overview
7.4.2 Non-resilient Flooring: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
7.4.3 Non-Resilient Flooring: Floorings Market –Volume and Forecast to 2028 (Million Square Meter)
7.5 Soft Cover and Others
7.5.1 Overview
7.5.2 Soft Cover and Others: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
7.5.3 Soft Cover and Others: Floorings Market –Volume and Forecast to 2028 (Million Square Meter)
8. Asia Pacific Floorings Market Analysis – By Material
8.1 Overview
8.2 Asia Pacific Floorings Market, By Material (2021 and 2028)
8.3 Carpets and Rugs
8.3.1 Overview
8.3.2 Carpets and Rugs: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.4 Wood
8.4.1 Overview
8.4.2 Wood: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.5 Laminates
8.5.1 Overview
8.5.2 Laminates: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.6 Vinyl Sheets and Tiles
8.6.1 Overview
8.6.2 Vinyl Sheets and Tiles: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.6.3 Homogeneous and Heterogeneous: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.6.4 LVT and VCT: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.6.5 Others: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.7 Ceramic Tiles
8.7.1 Overview
8.7.2 Ceramic Tiles: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
8.8 Stone and Others
8.8.1 Overview
8.8.2 Stone and Others: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
9. Asia Pacific Floorings Market Analysis – By Application
9.1 Overview
9.2 Asia Pacific Floorings Market, By Application (2021 and 2028)
9.3 Packaging
9.3.1 Overview
9.3.2 Packaging: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
9.4 Non- Residential
9.4.1 Overview
9.4.2 Non- Residential: Floorings Market – Revenue and Forecast to 2028 (US$ Billion)
10. Asia Pacific Flooring Market – By Country Analysis
10.1 Asia-Pacific: Flooring Market
10.1.1 Asia-Pacific: Flooring Market, by Key Country
10.1.1.1 Australia: Flooring Market –Analysis and Forecast to 2028 (US$ Billion)
10.1.1.1.1 Australia: Flooring Market, by Product Type
10.1.1.1.2 Australia: Flooring Market, by Material
10.1.1.1.3 Australia: Flooring Market, by Application
10.1.1.2 China: Flooring Market –Analysis and Forecast to 2028 (US$ Billion)
10.1.1.2.1 China: Flooring Market, by Product Type
10.1.1.2.2 China: Flooring Market, by Material
10.1.1.2.3 China: Flooring Market, by Application
10.1.1.3 India: Flooring Market –Analysis and Forecast to 2028 (US$ Billion)
10.1.1.3.1 India: Flooring Market, by Product Type
10.1.1.3.2 India: Flooring Market, by Material
10.1.1.3.3 India: Flooring Market, by Application
10.1.1.4 Japan: Flooring Market –Analysis and Forecast to 2028 (US$ Billion)
10.1.1.4.1 Japan: Flooring Market, by Product Type
10.1.1.4.2 Japan: Flooring Market, by Material
10.1.1.4.3 Japan: Flooring Market, by Application
10.1.1.5 South Korea: Flooring Market –Analysis and Forecast to 2028 (US$ Billion)
10.1.1.5.1 South Korea: Flooring Market, by Product Type
10.1.1.5.2 South Korea: Flooring Market, by Material
10.1.1.5.3 South Korea: Flooring Market, by Application
10.1.1.6 Rest of Asia-Pacific: Flooring Market –Analysis and Forecast to 2028 (US$ Billion)
10.1.1.6.1 Rest of Asia-Pacific: Flooring Market, by Product Type
10.1.1.6.2 Rest of Asia-Pacific: Flooring Market, by Material
10.1.1.6.3 Rest of Asia-Pacific: Flooring Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Mohawk Flooring
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Shaw Industries Group, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Tarkett
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Armstrong Flooring, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Forbo International SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Gerflor
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Interface, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Beaulieu International Group
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Toli Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Milliken
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
Table 2. Asia Pacific Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
Table 3. Australia Flooring Market, by Product Type – Revenue and Forecast to 2028 (US$ Billion)
Table 4. Australia Flooring Market, by Product Type – Volume and Forecast to 2028 (Million Square Meter)
Table 5. Australia Flooring Market, by Material– Revenue and Forecast to 2028 (US$ Billion)
Table 6. Australia Flooring Market, by Application– Revenue and Forecast to 2028 (US$ Billion)
Table 7. China Flooring Market, by Product Type – Revenue and Forecast to 2028 (US$ Billion)
Table 8. China Flooring Market, by Product Type – Volume and Forecast to 2028 (Million Square Meter)
Table 9. China Flooring Market, by Material– Revenue and Forecast to 2028 (US$ Billion)
Table 10. China Flooring Market, by Application– Revenue and Forecast to 2028 (US$ Billion)
Table 11. India Flooring Market, by Product Type – Revenue and Forecast to 2028 (US$ Billion)
Table 12. India Flooring Market, by Product Type – Volume and Forecast to 2028 (Million Square Meter)
Table 13. India Flooring Market, by Material– Revenue and Forecast to 2028 (US$ Billion)
Table 14. India Flooring Market, by Application– Revenue and Forecast to 2028 (US$ Billion)
Table 15. Japan Flooring Market, by Product Type – Revenue and Forecast to 2028 (US$ Billion)
Table 16. Japan Flooring Market, by Product Type – Volume and Forecast to 2028 (Million Square Meter)
Table 17. Japan Flooring Market, by Material– Revenue and Forecast to 2028 (US$ Billion)
Table 18. Japan Flooring Market, by Application– Revenue and Forecast to 2028 (US$ Billion)
Table 19. South Korea Flooring Market, by Product Type – Revenue and Forecast to 2028 (US$ Billion)
Table 20. South Korea Flooring Market, by Product Type – Volume and Forecast to 2028 (Million Square Meter)
Table 21. South Korea Flooring Market, by Material– Revenue and Forecast to 2028 (US$ Billion)
Table 22. South Korea Flooring Market, by Application– Revenue and Forecast to 2028 (US$ Billion)
Table 23. Rest of Asia-Pacific Flooring Market, by Product Type – Revenue and Forecast to 2028 (US$ Billion)
Table 24. Rest of Asia-Pacific Flooring Market, by Product Type – Volume and Forecast to 2028 (Million Square Meter)
Table 25. Rest of Asia-Pacific Flooring Market, by Material– Revenue and Forecast to 2028 (US$ Billion)
Table 26. Rest of Asia-Pacific Flooring Market, by Application– Revenue and Forecast to 2028 (US$ Billion)
Table 27. Glossary of Terms, Global Flooring Market
LIST OF FIGURES
Figure 1. Asia Pacific Flooring Market Segmentation
Figure 2. Asia Pacific Flooring Market Segmentation – By Country
Figure 3. Asia Pacific Flooring Market Overview
Figure 4. Asia Pacific Flooring Market, By Application
Figure 5. Asia Pacific Flooring Market, by Country
Figure 6. Asia Pacific Porter’s Five Forces Analysis of Flooring Market
Figure 7. Asia Pacific Flooring Market, Ecosystem
Figure 8. Asia Pacific Expert Opinion
Figure 9. Asia Pacific Flooring Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Flooring Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 11. Asia Pacific Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
Figure 12. Asia Pacific Floorings Market Revenue Share, By Product Type (2021 and 2028)
Figure 13. Asia Pacific Resilient Flooring: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 14. Asia Pacific Resilient Flooring: Floorings Market –Volume and Forecast To 2028 (Million Square Meter)
Figure 15. Asia Pacific Non-resilient Flooring: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 16. Asia Pacific Non-Resilient Flooring: Floorings Market –Volume and Forecast To 2028 (Million Square Meter)
Figure 17. Asia Pacific Soft Cover and Others: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 18. Asia Pacific Soft Cover and Others: Floorings Market –Volume and Forecast To 2028 (Million Square Meter)
Figure 19. Asia Pacific Floorings Market Revenue Share, By Material (2021 and 2028)
Figure 20. Asia Pacific Carpets and Rugs: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 21. Asia Pacific Wood: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 22. Asia Pacific Laminates: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 23. Asia Pacific Vinyl Sheets and Tiles: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 24. Asia Pacific Homogeneous and Heterogeneous: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 25. Asia Pacific LVT and VCT: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 26. Asia Pacific Others: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 27. Asia Pacific Ceramic Tiles: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 28. Asia Pacific Stone and Others: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 29. Asia Pacific Floorings Market Revenue Share, By Application (2021 and 2028)
Figure 30. Asia Pacific Packaging: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 31. Asia Pacific Non- Residential: Floorings Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 32. Asia-Pacific: Flooring Market, by Key Country – Revenue (2021) (US$ Million)
Figure 33. Asia-Pacific: Flooring Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. Australia: Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
Figure 35. Australia: Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
Figure 36. China: Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
Figure 37. China: Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
Figure 38. India: Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
Figure 39. India: Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
Figure 40. Japan: Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
Figure 41. Japan: Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
Figure 42. South Korea: Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
Figure 43. South Korea: Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
Figure 44. Rest of Asia-Pacific: Flooring Market –Revenue and Forecast to 2028 (US$ Billion)
Figure 45. Rest of Asia-Pacific: Flooring Market –Volume and Forecast to 2028 (Million Square Meter)
- Mohawk Flooring
- Shaw Industries Group, Inc.
- Tarkett
- Armstrong Flooring, Inc.
- Forbo International SA
- Gerflor
- Interface, Inc.
- Beaulieu International Group
- Toil Corporation
- Milliken
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia pacific flooring market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia pacific flooring market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia pacific market trends and outlook coupled with the factors driving the Asia pacific flooring market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution