Global Non-Resilient Flooring Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Non-Resilient Flooring Market 2021 (Includes Business Impact of COVID-19)
Global Non-Resilient Flooring Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global non-resilient flooring market report has been segmented on the basis of type, application, and region.
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The global Non-Resilient Flooring market size was valued at USD$211.18 billion in 2020 and is projected to reach $337.03 billion by 2030, and is anticipated to expand at a CAGR of 4.27% over the forecast period from 2020 to 2030.


Global Non-Resilient Flooring Market: Overview


Non-resilient flooring is floor cover product which is usually made of organic, inflexible and hard surface floorings materials such as natural stones, porcelain tiles, laminates, ceramic tiles,  bricks, and engineered wood.


Global Non-Resilient Flooring Market: Dynamics


Increasing commercial and residential construction activities across the globe is one of the major factor anticipated to drive growth of the target market. In addition, growing reconstruction and remodeling activities in order to change the interior look is another major factor projected to support the target market growth. Moreover, easy availability of ceramic tiles in various digitally printed designs, colors, shapes, sizes, as well as customization facilities offered by tiles manufactures are some additional factors expected to fuel demand for these tiles among households and commercial application.Furthrmore, benefits associated with usage of tiles and stones for flooring are lower maintenance cost, easy to clean, durable, and strong resistance to chemicals. This is a key factor expected to surge demand for tiles and stones among various applications. Also, development of hassle-free installation techniques and growing demand for environment  friendly products owing to the growing environmental and health-related concerns are expected to fuel growth of the non-resilient flooring market globally.

However, the availability of alternative flooring options such as vinyl flooring and carpeting, may hamper growth of the global market. In addition, the high cost associated with these type of flooring may challenge the global market growth over the forecast period.


Global Non-Resilient Flooring Market: Segmental Analysis


Increasing awareness regarding various benefits offered by ceramic tiles such as low cost of maintenance, durability, water resistance, and cost-effectiveness are resulting in growth of the ceramic tiles segment.

Growth of the residential segment among the application segments is attributable to increasing new residential construction projects across the globe.


Global Non-Resilient Flooring Market: Regional Analysis


The market in the Asia Pacific is projected to contribute significant revenue shares in the target market, owing to high production and usage of non-resilient flooring materials. In addition, growing construction activities, changing lifestyles, and relocation of people are boosting in developing countries such as India and China is expected to support revenue growth of the target market. Rapidly growing industrialization and urbanization are some factors expected to propel the target market growth. In addition, improved standard of living coupled with increasing spending power are some of the major factors projected to generate demand for non-resilient flooring .

Non-resilient flooring market in North America is projected to register substantial growth, owing to increasing reconstruction or remodeling activities. Increasing demand from healthcare, retail, and education sectors along with increasing demand from the commercial sector is expected drive non-resilient flooring market in the region.

The market in Europe is expected to register significant growth during the forecast period. This is attributed to rising architectural designs which prefers natural stones and ceramic tiles for flooring in various countries such as Italy, Germany, and the UK.


Below are the active patents related to Non-Resilient Flooring Market.


Patent Number: US9359773B2

Non-vinyl resilient flooring product and methods of making same

Abstract

Described herein are methods for manufacturing resilient floor coverings made from non-vinyl materials.

Application filed Date: 2013-08-20

Application granted Date: 2016-06-07

Current Assignee: Columbia Insurance Co

Global Non-Resilient Flooring Market Segmentation:

Segmentation by Type:

  
Ceramic Tiles
  
Stone

Segmentation by Application:

  
Commercial
  
Residential
  
Industrial


Key Market Players included in the report:


  
Armstrong Flooring
  
Ceramica Saloni
  
China Ceramics Co. Ltd
  
Crossville
  
Dal-Tile Corporation
  
Grupo Lamosa
  
Kajaria Ceramics
  
Mannington Mills
  
Mohawk Industries Inc.
  
Porcelanosa Grupo.
  
RAK Ceramics
  
Shaw Industries Group Inc.


Below are the key development related to Non-Resilient Flooring Market in 2020 and 2021.


August 2021: Mannington Commercial Acquires AtlasMasland from Dixie Group. Mannington Commercial has entered into an agreement to acquire select assets of AtlasMasland, the commercial floorcovering business of The Dixie Group. At the transaction’s completion, Mannington Commercial will gain AtlasMasland’s existing product lines, tufting machinery and other equipment assets from The Dixie Group’s Atmore, Alabama, facility. The equipment will be relocated and installed at Mannington Commercial’s carpet manufacturing facility in Calhoun, Georgia. The Atmore facility is not included as part of the transaction and will remain with The Dixie Group. Source

October 2020: China Ceramics Announces Corporate Name Change to Antelope Enterprise Holdings Limited.Beginning on October 15, 2020, the Company will trade under the ticker AEHL on the Nasdaq Stock Market. Source

February 2020: Pharr Closes On Sale Of Two Business Units To Mannington Mills. Pharr, a diversified provider of differentiated textile products and assorted real estate businesses, announced the sale of its Pharr Fibers & Yarns and Phenix Flooring divisions to Mannington Mills (Mannington) under an agreement previously announced in November 2019. Based in Salem, N.J., Mannington manufactures residential and commercial sheet vinyl, luxury vinyl, laminate, resilient and hardwood floors; as well as commercial carpet and rubber. The acquisitions are expected to help establish Mannington as one of the largest suppliers in the floor covering industry, participating in both residential and commercial hard and soft surface categories. The company plans to continue current operations at Pharr’s manufacturing facilities in McAdenville, N.C., and Dalton, Ga. In November, Pharr also announced the signing of its agreement to sell its Pharr High Performance business, a yarn supplier for the protective apparel industry, to Coats Group plc. Source