The global marketplace for residential building construction industry totaled $4,171.3 billion in 2017 and it is believed to achieve $6,800.9 billion by 2022, growing in a compound annual rate of growth (CAGR) of 10.3% for that duration of 2017-2022.
Following are brief summaries from the chapters incorporated within this report.
The Chapter One summary is definitely the report’s scope, methodology and structure, in addition to brief overviews of each one of the report’s chapters.
Chapter three supplies a high-level summary of the residential flooring industry, including historic, current and future industry perspectives, in addition to a take a look at current, and anticipated manufacturing issues and trends. The chapter also covers market conditions within the new construction and renovation residential segments. Chapter three includes an introduction to industry trade organizations, like the National Wooden Flooring Association (NWFA) and also the United States Building Material Distribution Association (NABMDA). The chapter also discusses the important thing industry events that residential flooring manufacturers along with other industry participants attend, such among the industry’s largest occasions, The Worldwide Surface Event: Surfaces—StonExpo/Marmomacc—TileExpo. The chapter also details the main trade media which cover the, for example Flooring News.
Product types within the residential flooring industry have been in a continuing condition of evolution and also at different stages of innovation in order to meet altering market needs and demands. Chapter Four supplies a detailed take a look at seven different residential flooring categories—carpet, porcelain tile, hardwood, laminates, stone, other resilient and vinyl—including connected new items and technologies, and relevant ecological programs and incentives, in addition to government rules and needs affecting each flooring type.
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Chapter Four supplies a comprehensive summary of the residential flooring market size and development in The United States through 2021. A preview of residential flooring value by region is supplied here, setting happens for additional detailed breakdowns by distribution funnel by product category, in this chapter as well as in Chapter Five: Market Definition.
For that purpose of this report, BCC Studies have examined Southeast, Northeast, Midwest, Southwest, West regions within the U.S., in addition to Canada, to accomplish our United States residential flooring research.
Chapter Four includes a failure of residential flooring expenses by flooring type—carpet, porcelain tile, hardwood, laminates, stone, other resilient and vinyl—through 2021 in million squares and million dollars for that six key industry distribution channels: flooring stores furniture and residential furnishing stores do it yourself centers and building materials supplies dealers general merchandise stores electronic an internet-based sales and network marketing.
Finally, growth projection data analysis with this chapter covers residential flooring volume by product type though 2021 in million squares and million dollars.
For that market definition thing about this report in Chapter Five, BCC Research examined the 2 primary residential flooring segments in The United States: new construction and renovation.
The residential flooring analysis contains expenditure and share information for that years 2015 and 2016, in addition to projections for 2021 combined with the compound annual growth rates (CAGRs) for that years 2016 through 2021. We’ve also provided an in depth analysis around the following six United States regions: Southeast, Northeast, Midwest, Southwest, West and Canada.
Additionally, this chapter includes an introduction to 19 from the leading residential flooring product manufacturers with data on 2015 and 2016 revenues, quantity of employees, and overall share of the market. Also incorporated are share of the market breakdowns for that leading manufacturers by product category, in addition to a report on each manufacturer’s products in every product category.
Finally, this chapter provides data typically prices and installed costs for those product types within the years 2015 and 2016, with projections for 2021. The residential flooring industry’s six primary distribution channels—floor covering stores furniture and residential furnishing stores do it yourself centers and building materials supplies dealers general merchandise stores electronic an internet-based sales and direct sales—are covered, in addition to listings of major flooring distributors with data on revenues (overall, by product type, by distribution funnel and connected market shares).
Chapter 7 Bankruptcy profiles 30 from the major producers within the seven residential flooring product groups: carpet, porcelain tile, hardwood, laminates, stone, other resilient and vinyl. The main suppliers in residential flooring products offer multiple products. Chapter 7 Bankruptcy provides the following details about each company profiled (when available): background, recent company news (selected significant bulletins in the past 18 several weeks), products, financial performance, proper direction and distribution.
– An introduction to the marketplace for residential flooring in The United States.– Analyses of worldwide market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.– Info on different product and technology types, for example carpet, porcelain tile, hardwood, laminates, stone, vinyl, and resilient flooring.– Info on various flooring products, distribution methods, new items and technologies, and also the direction of the profession soon.– Profiles of major companies in the market.
Its Northern Border American residential flooring industry is among the most diverse associated with a manufactured product when it comes to product type and selection. From broadloom carpet and carpet tile to hardwood and innovative resilient products produced from cork and rubber, consumers yet others involved with new residential construction and renovation don’t have any lack of options to meet their architectural or interior planning needs and needs. Within each flooring product type, there’s a numerous surface textures, colors and quality levels, in addition to collection upon assortment of product with intriguing names like Accord, Hydroment Vivid, VersaBond and Blue Emotion, amongst others. Other product names tend to be more grounded in familiarity and durability such as the well-known Congoleum brand.
Following really are a couple of market observations on some of the flooring types examined within this report.
Flooring products are some of the most significant building materials and is really a versatile market having a wide product portfolio. The flooring marketplace is likely to expand considerably because of strong development of construction and automotive sectors along with increases home based improvement and renovation project activities. The interest in various residential flooring choices is anticipated to improve significantly within the forecast period. Growing residential construction and renovationactivities in The United States is among the major factors fueling the interest in residential flooring in this area. However, in recent occasions rules happen to be issued against import of lumber because of illegal deforestation. This is among the primary factors restraining the residential flooring market.
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The hardwood floors products remain popular regardless of the creation of a lot of cheaper flooring products for example laminates and resilient flooring. Easy cleaning, better durability and strength, better acoustics and existence of many varieties are the major factors fueling the interest in hardwood floors products. Because of these 4 elements, hardwood floors is among the primary selections for a lot of residential constructions.
Vinyl floors may be the fastest growing product category, growing in a CAGR of seven.4% between 2016 and 2021. Although vinyl tile floor is frequently set up in commercial settings where high traffic is a continuing, or in which a clean or static–free atmosphere is preferred, it’s also a flexible and cost–effective option for any household. Furthermore, lower maintenance price is also one of the greatest factors likely to drive the interest in vinyl floors in in the future.
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When it comes to value chain, a higher amount of backward integration has been observed within the flooring market. Several key players are involved in the output of recycleables. Amoco, a subsidiary of Shaw Industries, is positively active in the output of fiber. Amoco manufactures polypropylene fibers, that are utilized by Shaw Industries to fabricate floor coverings. Besides as being a key player within the hardwood floors market, Boral Limited is active in the timber business. Burke Industries Corporation., a significant rubber manufacturing company located in California, is a member of Mannington Mills, among the largest flooring manufacturers in The United States.