India Floor Covering Market By Material (Carpet and Area Rugs, Non-Resilient Flooring (Wood Flooring, Ceramic Floor Tile, Laminate Flooring, and Stone Flooring), and Resilient Flooring (Vinylsheet and Floor Tile and Other Resilient Flooring), By Distribution Channel (Contractors, Specialty Stores and Home Centers, and Other Distribution Channels), By End User (Residential, Residential Replacement, and Commercial) - Trends, Analysis and Forecast till 2030

Floor coatings have wide application in slip resistance. They provide an attractive finish to the floor and bare concrete. Floor coatings are anti-vibrant, anti-static, and waterproof. These floor coatings also provide different options related to colors and styles, thus growing their adoption in hotels, houses, offices and warehouses. Use of floor coatings help clean the floors effortlessly and make manufacturing factories, units, and offices attractive delivering lustrous appearance on the floor. Floor coatings help to reduce the cracking of concrete and decrease maintenance cost. They are used across restaurants, educational institutes, medical & healthcare facilities, aviation & transportation, and commercial retail stores.

Growth in demand from end-users such as industrial, commercial, and residential is the major factor driving the growth of the India floor covering market. Epoxy and polyurethane-based products are mainly involved in this market and gain popularity in the Indian market as they exhibit abrasion, spillage, slippage, chemical, and heat resistance. Epoxy floor coatings surface remains antistatic, seamless, and is easy to maintain. However, growth in competition from substitutes is expected to restrain the growth of the floor coating market. The Indian market witness growth owing to favourable government initiatives such as housing projects that boosts the development in the construction industry which consistently increases the demand for floor coatings in the market. The government’s ‘Pradhan Mantri Awas Yojana’ (PMAY) and ‘Housing for All’ initiative, etc. aims to build 20 million affordable houses for the urban poor by 2022. This will afford a significant boost to residential construction.

The India floor covering market is segmented based on material, distribution channel, and end-user.

On the basis of material, the India floor covering market is segmented into carpet and area rugs, non-resilient flooring (wood flooring, ceramic floor tile, laminate flooring, and stone flooring), and resilient flooring (vinylsheet and floor tile and another resilient flooring. Based on distribution channel, the target market is classified into contractors, specialty stores and home centers, and other distribution channels, On the basis of end-user, the market is segmented into Residential, residential replacement, and commercial

India Floor Covering Market, By Type:

• Carpet and Area Rugs
• Non-Resilient Flooring 
• Wood Flooring
• Ceramic Floor Tile
• Laminate Flooring
• Stone Flooring 
• Resilient Flooring 
• Vinylsheet and Floor Tile
• Other Resilient Flooring

India Floor Covering Market, By Distribution Channel:

• Contractors
• Speciality Stores and Home Centers
• Other Distribution Channels

India Floor Covering Market, By End-user:

• Residential
• Residential Replacement
• Commercial

The key players operating the India floor covering market includes Responsive Industries Ltd., RMG Polyvinyl India Limited, Cengres Tiles Ltd., Squarefoot, Mohawk Industries Inc., Armstrong Flooring Inc., Nitco Limited, Marvel Vinyls Limited, OrientBell Limited, and Welspun Flooring Ltd. Prominent players operating in the target market are focusing on the strategic partnerships as well as the launching of the products in order to gain a competitive edge in the target market. For instance, in March 2019, Forbo launched Mamoleum Marbled, a new collection of marbled lino floor coverings designed to help create homely interiors.

• What is the total revenue potential of the India floor covering market? How that market is expected to grow during the study period?
• What are the major growth opportunities in the India floor covering market?
• Which companies are the major players in the India floor covering market?

• Responsive Industries Ltd. 
• RMG Polyvinyl India Limited
• Cengres Tiles Ltd.
• Squarefoot
• Mohawk Industries Inc.
• Armstrong Flooring Inc.
• Nitco Limited
• Marvel Vinyls Limited
• OrientBell Limited
• Welspun Flooring Ltd.