Home Projects to Drive Growth for Companies
DUBLIN, March 14, 2023 /PRNewswire/ — The “Wood Flooring: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Wood Flooring estimated at US$46.6 Billion in the year 2022, is projected to reach a revised size of US$67.1 Billion by 2030, growing at a CAGR of 4.7{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} over the analysis period 2022-2030.
Engineered Wood, one of the segments analyzed in the report, is projected to record 5.1{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} CAGR and reach US$43.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Solid Wood segment is readjusted to a revised 3.9{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} CAGR for the next 8-year period.
The U.S. Market is Estimated at $6.8 Billion, While China is Forecast to Grow at 7.1{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} CAGR
The Wood Flooring market in the U.S. is estimated at US$6.8 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$13 Billion by the year 2030 trailing a CAGR of 7.1{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} and 3.2{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9{ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} CAGR.
Select Competitors (Total 274 Featured) –
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AHF LLC
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Barlinek SA
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Beaulieu International Group
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Boral Limited
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Brumark Corporation
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Kahrs Group
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Mannington Mills, Inc.
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Mohawk Industries, Inc.
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PT Dharma Satya Nusantara Tbk
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Shaw Industries Group, Inc.
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SWISS KRONO Group
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Tarkett, Inc.
What`s New for 2023?
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Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
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Global competitiveness and key competitor percentage market shares
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Market presence across multiple geographies – Strong/Active/Niche/Trivial
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Online interactive peer-to-peer collaborative bespoke updates
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Access to digital archives and Research Platform
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Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Impact of Covid-19 and a Looming Global Recession
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2020: A Year of Disruption & Transformation
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As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
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World Economic Growth Projections (Real GDP, Annual {ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} Change) for 2020 through 2022
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Impact of Covid-19 on Flooring Industry Supply Chain
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Impact of COVID-19 on the Wood Flooring Market
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GLOBAL MARKET OVERVIEW
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Wood Flooring Market Continues to Gain from Unrivaled Aesthetic Appeal of Wood
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Global Flooring Market by Type (2020): Percentage Breakdown of Volume Sales by Type
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Primary Advantages of Wood Flooring
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Growth Drivers for the Wood Flooring Market: On a Scale of 1 – 10 (10 – High Impact; 1 – Low Impact)
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Growth Dampeners for Wood Flooring Market: On a Scale of 1 – 10 (10 – High Impact; 1 – Low Impact)
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Mega Trends Benefiting Market Demand Summarized
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Major Demand Drivers for Wood Flooring (2018 & 2030): Urban Population, Middle Class, Aging Population, and Single Person Households
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Global Households Breakdown by Type of Family: Percentage Growth ({ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95}) over the Period 2018-2028
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Product Type and Regional Market Analysis
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Engineered Wood Dominates the Market
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Solid Wood – Another Significant Market
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Europe and US Holds Significant Share of the Global Market
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Developing Countries to Drive Future Growth
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COVID-19-Led Economic Downturn Weighs on Construction Sector
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Global Construction Reset & Trajectory: Growth Outlook (In {ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95}) For Years 2019 Through 2025
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Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
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Infrastructure Spending to Bring COVID-19 Hit Economies Back on Track
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Market Outlook
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Home Projects to Drive Growth for Companies
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Likely Price Increases
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Innovations to Continue
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Digital-Driven Sales
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Focus on Design Improvements
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Wood Flooring – Global Key Competitors Percentage Market Share in 2022 (E)
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Competition
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Market Participants Focus on Added Value to Gain Share
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Aggressive Marketing: A Critical Factor for Sustenance of Hardwood Flooring
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Recent Market Activity
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WORLD BRANDS
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Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
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The ‘Green’ Image of Wood Flooring Lends Growth
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Go Green: The New Mantra for Plywood Flooring Manufacturers
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Increasing Adoption of Sustainable Floor Decorative Materials Spurs Demand
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Pre-Finish and Reclaimed Wood Gathers Momentum
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Wood Flooring Industry Adopts Digitalization
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Proliferation of Blogs and Design Shows: Key Factors Driving Consumer Interest in Hardwood Flooring
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Product Innovations Boost Growth
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Residential Replacements: The Primary Demand Driver
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Engineered Wood Finds Wider Preference
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Advantages of Engineered Hardwood
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Disadvantages
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Long-Term Value to Homes Supports Demand for Hardwood Flooring
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Advantages of Hardwood
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Disadvantages
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Hardwood Floorings Complementing Latest Interior Decor Trends
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Transitional Flooring: Flushed Hardwood and Tile in the Same Space
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Striking Trends Making Big Splash in Global Wood Flooring Market
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Cork Flooring
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Engineered Wood Floors
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Grown & Made in America Wood Flooring
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Reclaimed Wood Flooring
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Latest Wood Flooring Type Trends to Amplify Home Look
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White Oak Wood Flooring
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European White Oak Floors
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Colors Options Trending Big on Wood Flooring Market
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Blonde Wood Flooring
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Honey Wood Flooring
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Gray Wood Floors
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Greige Wood Floors
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Whitewashed Wood Floors
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High Variation Remains Hallmark of Latest Wood Flooring Texture Trends
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Distressed Wood Flooring
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Handscraped Floors
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Wirebrushed Wood Floors
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Finishing Trends Shining Bright in Wood Flooring Market
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Fumed-Finished Wood Floors
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Matte-Finished Wood Flooring
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Oiled Wood Floors
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Satin-Finished Wood Flooring
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Site-Finished Wood Flooring
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Wood Floor Layout & Pattern Trends
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Herringbone Wood Flooring
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Wide Plank Wood Floors
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Innovations in Manufacturing Technologies to Promote Growth in Wood Flooring
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Growing Demand for Innovative Locking Systems for Easy Installation of Floorings
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Mass-Timber Construction Technique Offers Potential
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Laminate Flooring: The Fast Emerging Substitute to Wood Flooring
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Macro Trends Influencing Demand Dynamics
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Exponential Increase in Global Urban Population
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World Urban Population in Thousands: 1950-2050P
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Degree of Urbanization Worldwide: Urban Population as a {ec3984a59f336e74413ebe8cd0979a3fa414de3884cb1e2a06779d998b58dc95} of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
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Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
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Expanding Global Population
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World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
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Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
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Burgeoning Middle Class Population
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Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
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Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
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Rising Standards of Living
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PRODUCT OVERVIEW
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Wood Flooring
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Types of Wood Flooring
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Solid Wood Flooring
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Hardwood and Softwood Flooring
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Engineered Wood Flooring
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/7netr
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