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Nonwoven Floor Covers Market size is poised to witness notable growth from 2023 to 2032 owing to the increasing technological advancements and the emergence of new product development techniques across the industry. The growing consumer inclination toward leading a comfortable lifestyle has boosted the demand for nonwoven floorings, which, in consequence, may positively influence the industry landscape over the next ten years.
Nonwoven floor covers are extensively used in residential settings such as bedrooms, kitchens, dining rooms, and living room flooring, as well as in commercial buildings such as offices or restaurants. These are available in different colors and give a beautiful and aesthetically appealing interior look suitable for a modern lifestyle. The remarkable attributes associated with the product are expected to drive the nonwoven floor covers market growth.
Nonwoven floor covers can extend the life of interior floors, offer safety by reducing the incidences of slips and falls, and involve low maintenance costs. They create an indirect insulation layer between the human body and floor covering, making them more hygienic and safer to use. Growing urbanization and customer awareness regarding many beneficial features such as moth-proof quality, fire-retardancy, strength and uniformity, durability, color stability, and abrasion & stain-resistant surface may escalate product demand.
Moreover, both economic and environmental advantages of nonwoven floor covers, in line with rising environmental concerns and increasing inclination towards modern flooring systems, will redefine nonwoven floor covers market dynamics between 2023 and 2032. Open-pore structure on the surface of this flooring makes them more efficient sound insulators and contributes to optimum conversational acoustics, thereby gaining popularity in offices interior.
The war crisis, which is underway between Russia and Ukraine, has had negative implications on the industry value chain. The unwarranted closure of major manufacturing facilities in both countries due to disrupted industrial operations and sanctions placed on Russia have further hampered market growth. As the war seems to continue and reach newer dimensions, the nonwoven floor cover market will witness a significant slowdown in the forthcoming years.
In contrast, the proliferating trends of customized and innovative product alternatives will create favorable growth prospects for the global industry over 2023-2032.
North America nonwoven floor covers market is anticipated to amass sizeable revenues by 2032. Nonwoven flooring, which is more environmentally and consumer-friendly than traditional floorings, is getting immense popularity in the U.S. Rising consumer awareness related to products' comfort, health, and productivity will stimulate industry revenue streams in the region.
Asia pacific holds a significant share of nonwoven floor cover market globally. Improving living standards and increasing the disposable income of the population led to the increased usage of products. Emerging economies in China and India and consumers' growing awareness about the benefits of nonwoven flooring will boost product demand in this region. With improved economic conditions of the population with rising income levels, customers in urban areas are ready to spend more on their households and interiors, thereby driving the nonwoven floor covers market growth from the region.
The primary market players in the nonwoven floor covers industry include Flexituff Ventures, International Ltd, Shaw Industries, Fibertex Nonwovens, Lentex S.A., Johns Manville, and Mohawk Industries, Inc.