About Linoleum
Linoleum is a flooring product kind of a tile made up of linseed oil, pine resin, mineral fillers, saw dust and ground cork dust. It was first invented in late 1800’s. With the modern production mechanisms and its eco-friendly nature, it is slowly gaining popularity in the urban areas. It is also resilient to extreme wear and tear and thud makes it a durable product. The market of Linoleum is expected to gain attention in the coming years owing to growing innovation and enhanced focus on sustainability.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
With the rise of construction industry and increasing investment in residential sector, the building products industry is set to benefit out of it. Linoleum is a product enhancing sustainability and with increasing consciousness among people about environment and toxic pollutants left by man made products. Asia pacific will be among the biggest market in the coming years with massive construction activities in the region. Thus, the market of Linoleum has huge prospectus with proper innovation and reduced costs making it more competitive. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Linoleum market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Armstrong Flooring (United States), Linoleum City (United States), Mannington Mills (United States), Gerflor (France), Mohawk Industries Inc. (United States), Forbo Holding AG (Switzerland), Ecore International (United States), Greenie Interiors (India), Tarkett (France), ProFloors (United States) and RD Weis (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Linoleum market by Type (Sheet linoleum, Linoleum Tile Flooring, Forbo Linoleum, Solid Colored Linoleum, Marble Linoleum and Others), Application (Residential, Commercial and Others) and Region.
On the basis of geography, the market of Linoleum has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material , the sub-segment i.e. Line Seed Oil will boost the Linoleum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. Direct will boost the Linoleum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Linoleum Tile Flooring are Widely Being Used in Hospitals and Clinics Owing to its Organic Derived Eco-Friendly Nature
Market Growth Drivers:
Increasing Residential Consumer Activities Due to Rapid Urbanization, Long Durability and Resistance Ability for Wear and Tear, Introduction of Variety of Colours with Use of Pigments due to Modern Manufacturing and Innovation and Less Maintenance Requirement
Challenges:
Installation of Linoleum Flooring Requires Professionals and Linoleum Flooring can get Dull over the Time Especially in Sunlight
Restraints:
Presence of Substitutes like Vinyl Flooring
Opportunities:
Increasing Investment in Decorative Building Products, Augmented Innovation and Larger Colours makes the Product Attractive and Reducing the Cost of Production can make it Competitive Option with Respect to Vinyl Flooring
Market Leaders and their expansionary development strategies
In February 2024, Dezeen teamed up with Forbo Flooring to challenge architects and designers to create an interior space that promotes wellbeing using the brand's Marmoleum material. The Marmoleum Design Challenge tasks entrants with creating a small space within a space that can provide respite and enhance well-being in environments such as schools, offices or hospitals anywhere where you can play, learn, work, or heal.
On October 8, the LINOLEUM Contemporary Animation and Media Art Festival announced the winners of three competition programs: International Competition, Ukrainian Competition, and Commissioned Films Competition.
Key Target Audience
Linoleum Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End User Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.