Industry Background:
Outdoor Flooring is used to enhance the outdoor areas with attractive and durable floor coverings. These floors provide an elegant look to the outdoor areas of houses, offices, public places, and other outdoor places. The increasing use of concrete tiles, rugs, carpets, and other types of flooring to prevent the outdoors from rust and dirt. Furthermore, these floorings require less maintenance due to which it has gained popularity among the residential as well as commercial end-use. By 2025, the Outdoor Flooring market in North America is expected to reach USD 4,996 Million growing at a CAGR of 4.82% in the forecast period 2020-2025. In 2019, The United States accounted for a market share of 72.32% in the overall North American market,
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dominating Application | Residential |
Dominating Application % Share | 58.36% |
Key Companies Profiled | Florim Ceramiche S.P.A. (Italy), Beaulieu International Group N.V. (Belgium), Fiberon, LLC (United States), Mohawk Industries, Inc. (United States), Mats Inc. (United States), EBACO India Pvt. Ltd. (India), Citadel Floors (United States), Ecore International (United States), Tarkett S.A. (France), AZEK Company LLC (United States), Citadel Floors (United States), Tandus Group, Inc. (United States), Timber Holdings USA (United States), Armstrong Flooring (United States) and Forbo Holding AG (Switzerland) |
According to AMA, the market for Outdoor Flooring is expected to register a CAGR of 5.22% during the forecast period to 2028. This growth is primarily driven by Growing Popularity of Thermo-Treated Wood, Rise in Constructional Activities Across the Globe and Increasing Consciousness Towards Outdoor Remodeling.
Globally, a noticeable market trend is evident Trend of Do-It-Yourself (DIY)
Major Vendors, such as Florim Ceramiche S.P.A. (Italy), Beaulieu International Group N.V. (Belgium), Fiberon, LLC (United States), Mohawk Industries, Inc. (United States), Mats Inc. (United States), EBACO India Pvt. Ltd. (India), Citadel Floors (United States), Ecore International (United States), Tarkett S.A. (France), AZEK Company LLC (United States), Citadel Floors (United States), Tandus Group, Inc. (United States), Timber Holdings USA (United States), Armstrong Flooring (United States) and Forbo Holding AG (Switzerland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. In Outdoor Flooring Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisition, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Influencing Trend:
Trend of Do-It-Yourself (DIY) and Increasing Use of Epoxy Flooring
Market Growth Drivers:
Growing Popularity of Thermo-Treated Wood, Rise in Constructional Activities Across the Globe and Increasing Consciousness Towards Outdoor Remodeling
Challenges:
Intense Competition Among Vendors
Restraints:
Increasing Prominence Towards the Use of Green and Eco-Friendly Materials
Opportunities:
Sustainable Product Developments such as Anti-Slip Technology, Increasing Demand For Tiles In Residential Application and Low Maintenance
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Outdoor Flooring Market
- Analysis about New Entrants in Outdoor Flooring Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Outdoor Flooring Study Sheds Light on
The Outdoor Flooring Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Outdoor Flooring industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Outdoor Flooring industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.