The floor coverings manufacturing market comprises all firms engaged in producing and wholesale distribution of carpets, and other forms of soft and hard surface floor coverings including rugs and sheets. Carpet and rug mills produce woven, tufted, needle punched carpets and rugs or finishing carpets and rugs. The products include floor mattings, needle punch carpets, art squares, and door mats.
Floor Coverings Manufacturing Global Market Size
The global floor coverings market was valued at $34 billion in 2017. Asia Pacific was the largest geographic region accounting for $19.5 billion or 57.3% of the global market. China was the largest country accounting for $8.5 billion or 25.2% of the global floor coverings market.
Floor Coverings Manufacturing Global Market Trend
The demand for vinyl flooring has expanded from commercial spaces to residential spaces as it is available with better designs and more realistic looks. Realistic tiles and planks mimicking natural looks are being developed using advanced technology which creates better substitute for the regular traditional wood or stone floorings. For example, Mannington Mills Inc., manufactures and markets a wide range of floor coverings.
The companies covered are Armstrong, Tarkett Group, Mohawk Industries Inc., Shaw Industries Group Inc, and Gerflor.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Floor Coverings Manufacturing Global Market Segmentation
The floor coverings manufacturing market is segmented into Carpets And Rugs; Mats.
Carpets And Rugs comprises establishments primarily engaged in retailing new floor coverings, such as rugs and carpets, in combination with installation and repair services.
Mats comprises establishments primarily engaged in retailing new floor coverings, such as mats, in combination with installation and repair services.