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Resilient Flooring Market Trends

Report ID: GMI10535
Published Date: Jul 2024
Report Format: PDF

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Resilient Flooring Market Trends

Rising inclination among consumers for environmentally friendly and sustainable flooring options. Because of their minimal environmental impact and recyclability, resilient flooring materials like linoleum derived from natural raw materials like linseed oil and vinyl planks made from recycled materials are becoming more and more popular. The resilient flooring industry is being further shaped by competitive pricing, legislative support for sustainable construction materials, and the influence of interior design trends, such as modern and minimalist aesthetics.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of resilient flooring was worth about USD 34.3 billion in 2023 and is expected to register 5.9% CAGR from 2024 to 2032, owing to the urbanization and population increase worldwide.

Resilient flooring industry from the flexible luxury vinyl tile segment is expected to reach USD 20.5 billion by 2032, due to technological developments in digital printing, making it possible to produce complex patterns and textures.

North America resilient flooring industry is expected to register 6.2% CAGR from 2024 to 2032, due to the rapid building activity in the residential, commercial, and industrial sectors in the region.

Gerflor Group, Interface, Inc., IVC Group (a division of Mohawk Industries), Karndean International Ltd., LG Hausys, Ltd., Mannington Mills, Inc., Mohawk Industries, Inc., Polyflor Ltd, Shaw Industries Group, Inc., and Tarkett S.A., are some of the resilient flooring companies worldwide.