Properties of vinyl flooring, such as cost-effectiveness, durability, flexible handling, and easy design possibilities, make it suitable in hospitals, schools, offices, and houses. In addition, vinyl flooring is comfortable to walk on and reduces impact noise, which is frequently used as an alternative to higher-maintenance flooring like carpet. The necessity for floor protection and a rise in demand for efficient and visually appealing products have enhanced the demand for vinyl flooring. Currently, there is an availability of advanced print and textural techniques, making it possible for vinyl flooring to imitate the look of various flooring options, such as hardwood, marble, and stone. All these factors are fueling the demand for vinyl flooring.
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 North America flooring market. The North America flooring market is expected to grow at a good CAGR during the forecast period.
The North America flooring market is segmented based on product type, material, application, and country. Based on product type, the market is divided into resilient flooring, non-resilient flooring, and soft cover & others. The non-resilient flooring segment would dominate the North America flooring market in 2022. Based on material, the North America 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 carpets and rugs segment would dominate the market in 2022. Based on application, the North America flooring market is categorized into residential and non-residential. The non-residential segment would dominate the North America flooring market in 2022. Based on country, the North America flooring market is segmented into the US and Canada. The US would dominate the North America flooring market in 2022.
Key players operating in the North America 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.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 68.95 Million |
| Market Size by 2028 | US$ 96.66 Million |
| CAGR (2022 - 2028) | 5.8% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Flooring Market is valued at US$ 68.95 Million in 2022, it is projected to reach US$ 96.66 Million by 2028.
As per our report North America Flooring Market, the market size is valued at US$ 68.95 Million in 2022, projecting it to reach US$ 96.66 Million by 2028. This translates to a CAGR of approximately 5.8% during the forecast period.
The North America Flooring Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Flooring Market report:
The North America Flooring Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Flooring Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Flooring Market value chain can benefit from the information contained in a comprehensive market report.
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