Number of pages:
Parameters | Details |
---|---|
Base Year |
2021 |
Historical Data |
2016-2021 |
Forecast Data |
2022-2028 |
Base Year Value (2021) |
USD million |
Forecast Value (2028) |
USD million |
CAGR (2022 to 2028) |
% |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
The global non-resilient floor market is valued at USD 265.7 billion in 2016 and is expected to reach USD 480.3 billion by the end of 2026, growing at a CAGR of 6.1% between 2017 and 2025.Non-resilient flooring is defined as hard surfaced flooring material made up of organic, inflexible and hard surfaced flooring material/minerals such as brick, ceramic and porcelain tile, laminates flooring, natural stone, slate, solid wood and engineered wood. Ceramic flooring holds major share in global non-resilient floor market. Non-resilient floor coverings include bamboo, brick, carpeting, ceramic tile, concrete, slate, stone, laminate flooring, terrazzo, marble, engineered wood & many other wood floor products.
A non-resilient floor is durable and water-resistance, non-elastic. A non-resilient floor is costly as compared to resilient flooring but is much cheaper and easier to maintain. A non-resilient floor also comes in a variety of textures, colors and patterns that remain a highly demanded consumer preference for residential homes and commercial buildings. Many facilities continue to use non-resilient flooring, as its quality, attractiveness, and value remains a constant. Raw material costs have significantly impacted the non-resilient flooring industry. Residential applications contributed more than 50% the overall market revenue in 2016.
Asia Pacific is the largest market size for non-resilient floor market both in terms of volume and revenue in 2016 due to high production and consumption capacity of the region. Rapid urbanization and increasing infrastructure facilities, changing lifestyles, and relocation of people are boosting the growth of the non-resilient flooring market in developing economies such as China and India. Increased demand from retail, healthcare and education sectors along with increasing demand from the commercial sector have driven the non-resilient flooring market in North America and Europe.
Non-Resilient Flooring Market: Product Type
Non-Resilient Flooring Market : Application
Global Non-Resilient Flooring Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Non-Resilient Flooring Market:
Geographical analysis of Non-Resilient Flooring Market:
Non-Resilient Flooring Market Report delivers comprehensive analysis of :
Non-Resilient Flooring Market was valued at around USD million in 2021 & estimated to reach USD by 2028.
Non-Resilient Flooring Market is likely to grow at compounded annual growth rate (CAGR) of % between 2022 to 2028.
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