India Floor Covering Market By Overview
Introduction:
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.
Drivers and Restraints:
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.
Segmentation:
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
Key Players:
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.
Detailed Segmentation:
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
Company Profile:
- Responsive Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- RMG Polyvinyl India Limited
- Cengres Tiles Ltd.
- Squarefoot
- Mohawk Industries Inc.
- Armstrong Flooring Inc.
- Nitco Limited
- Marvel Vinyls Limited
- OrientBell Limited
- Welspun Flooring Ltd.
“*” marked represents similar segmentation in other categories in the respective section
Key Issues Addressed
- 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?
India Floor Covering Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Floor Covering Strategies
- Key Questions this Study will Answer
- Market Snippet, By Material
- Market Snippet, By Distribution Channel
- Market Snippet, By End-user
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- India Floor Covering Market, By Material, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Carpet and Area Rugs
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Non-Resilient Flooring
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Wood Flooring
- Ceramic Floor Tile
- Laminate Flooring
- Stone Flooring
- Resilient Flooring
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Vinylsheet and Floor Tile
- Other Resilient Flooring
- Overview
- India Floor Covering Market, By Distribution Channel, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Contractors
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Speciality Stores and Home Centres
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Other Distribution Channels
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- India Floor Covering Market, By End-user, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Residential
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Residential Replacement
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Commercial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Responsive Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- RMG Polyvinyl India Limited
- Cengres Tiles Ltd.
- Squarefoot
- Mohawk Industries Inc.
- Armstrong Flooring Inc.
- Nitco Limited
- Marvel Vinyls Limited
- OrientBell Limited
- Welspun Flooring Ltd.
- Responsive Industries Ltd.
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The India floor covering market report is segmented into material, distribution channel, and end-user.
Factors driving market growth include urbanization, increasing disposable income, and the growing demand for aesthetically pleasing interior spaces.
Global restraints may involve challenges in sourcing sustainable materials, competition from unorganized local players, and economic factors affecting consumer spending on home decor.
The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is estimated to dominate the India Floor Covering Market, witnessing a significantly high revenue share over the forecast period.
The key players operating in the flooring and tiles industry include RMG Polyvinyl India Limited, Cengres Tiles Ltd., Squarefoot, Mohawk Industries Inc., Armstrong Flooring Inc., Nitco Limited, Marvel Vinyls Limited, OrientBell Limited, Welspun Flooring Ltd, and Responsive Industries Ltd.