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Resilient Flooring Market - Global
Industry Analysis, Size, Share, Trends
And Forecast 2015 - 2023
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REPORT DESCRIPTION
Resilient flooring, a blend of natural and synthetic materials, is used as a primary replacement for conventional
hardwood flooring. It combines the properties of esthetic flooring. Resilient flooring offers high strength properties
owing to combination of polymer materials used in the manufacturing process. Resilient flooring can be segmented
into four types - vinyl, rubber, cork, and linoleum - based on raw materials used in the manufacturing process. Other
types of resilient flooring include wood and asphalt. Vinyl resilient flooring is expected to continue its dominance in
the resilient flooring market in the current decade, as it is economic in nature and offers considerable longevity visà-vis conventional flooring. Growth in the construction industry is anticipated to propel the demand for resilient
flooring during the forecast period. Significant increase in residential and commercial construction activities is
estimated to be the major driver for the resilient flooring market in the near future. In terms of region, Asia Pacific
and Europe are projected to be the major markets for resilient flooring in the next eight years. Rise in demand for
resilient flooring in end-user industries in Asia Pacific and Europe is likely to boost the market for resilient flooring
during the forecast period.
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