About Garage Flooring
Flooring is an integral part of residential as well as commercial construction structures. It holds importance in applications through residential houses, commercial institutions (workplace, hospitals, shopping malls), transport infrastructure (railways, airports), as well as manufacturing facilities. A garage is roofed structure for storing a vehicle or vehicles, it may be residential as well as commercial. Garage Floor covering is a term to generically describe any finish material applied over a floor structure to offer a walking surface. Usually, floor covering refers more to loose-laid materials. Increasing construction industry is impelling the demand for garage flooring around the globe.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 13.0% |
Many key players in the market offer variety of garage flooring to remain competitive in the market. For instance, one key player, Swisstrax Corporation offers some of the best garage flooring tiles. Its premium garage floor tiles product range includes RIBTRAX SMOOTH, RIBTRAX, DIAMONDTRAX, as well as RUBBERTRAX. Analyst at AMA Research estimates that Indian and United States Manufacturers will contribute the maximum growth to Global Garage Flooring 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.
Garage Flooring Inc. (United States), Global Garage Flooring & Design (United States), Rubber Flooring Inc. (United States), Garage Flooring LLC of Colorado (United States), Apurva India Private Limited (India), Stanley Black & Decker, Inc. (United States), Swisstrax Corporation (United States), Better Life Technology (G-Floor) (United States), Flowcrete Group Ltd. (India) and IT-Tile (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are SnapLock Industries (United States), WeatherTech (United States) and Greatmats.com Corporation. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Garage Flooring market by Type (Hard Plastic Garage Tiles, Soft Plastic Garage Tiles, Garage Rolls and Other [Garage Mats, Epoxy Garage Flooring ,and Others]), Application (Commercial, Residential and Other) and Region.
On the basis of geography, the market of Garage Flooring 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 Floor Material, the sub-segment i.e. Wood will boost the Garage Flooring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Wide Variety Garage Flooring in the Market
Market Growth Drivers:
The Heavy Investment in Building & Construction Industry, Increased Globalization and Growing Disposable Income among People
Restraints:
High Raw Material Prices
Opportunities:
Growth in Population in Asia-Pacific Countries, Growing Economies around the Globe and Increasing Inclination for Usage of Environmentally Friendly Garage Flooring
Market Leaders and their expansionary development strategies
In July 2023, Flooring America, a large flooring retail chain in the US, acquired GEM Surfaces, a distributor of flooring products, for an undisclosed amount. This move strengthens Flooring America's position in the garage flooring market.
In December 2023, PPG Industries (US) launched a new line of high-performance polyurea garage floor coatings.
Key Target Audience
Garage Flooring Manufacturers, Government and Research Organizations, Industry Associations, End Users and Others
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.