About Leather Floor
The global leather floor market is expected to grow at a significant pace during th forecast period, according to the AMA study. The growing construction sector, increasing demand for attractive flooring textures, and the growing demand for attractive interior designs of new commercial projects is propelling the demand for leather floors market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on development of new & innovative leather flooring products to cater to market's demand to remain competitive in the global market. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Leather Floor market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Forbo International SA Switzerland, AFI Licensing LLC United States, Mohawk Industries United States, Shaw Industries Group, Inc. United States, Congoleum Corporation United States, Gerflor Scandinavia, Interface, Inc. United States, James Halstead PLC United Kingdom, Natroyal India, The Dixie Group, Inc. United States and Toli Corporation Japan are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Leather Floor market by Type (Natural Leather and Artificial Leather), Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of Leather Floor 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 Sales Channel, the sub-segment i.e. Online will boost the Leather Floor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Coating, the sub-segment i.e. Polyurethane will boost the Leather Floor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Attractive Textures in Leather Flooring
Market Growth Drivers:
Growing Construction Sector, Increasing Demand for Attractive Flooring and Burgeoning Demand for Attractive Interior Designs
Challenges:
The Outbreak of COVID-19 is Expected to Decrease the Growth of the Market Due to Shutting Down of Different Productions Across the World which will Impact the Market for the Next Few Years and Requirement of Periodic Maintenance
Restraints:
High Cost of Leather Flooring
Opportunities:
Opportunities in the Asia Pacific Region
Market Leaders and their expansionary development strategies
InDecember 2021, Garrett Leather, a privately owned distributor of Italian upholstery leather, has acquired Mohawk River Leather Works, a leather finishing company.
In June 2023, GARRTEN, a renowned luxury leather fashion brand, has unveiled an exquisite collection of functionally chic leather accessories for both men and women. The newly launched range includes four styles of leather backpacks - signature, slim, rolltop, and travel - as well as two styles of leather accessories, namely dopp kits and wallets, available in full grain and saffiano leather. These products are offered in a wide array of captivating colors.
Key Target Audience
Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use 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.