India Floor Covering Market Growth Tactics, Regional Analysis 2030

India Floor Covering Market Size – USD 361.00 Billion in 2021, Growth – at a CAGR of 5.5%, Trends – Rising demand for customized India Floor Covering options providing newer and better finish

Rising demand for insulated India Floor Covering for comfort and sound insulation properties is driving revenue growth of the market    

The global India Floor Covering Market size is expected to reach USD 576.47 Billion in 2030 and register a revenue CAGR of 5.5% over the forecast period, according to latest report by Reports and Data. Increasing investments in construction and remodeling industries along with recent lifestyle changes induced due to effect of the pandemic have increased demand for home interior designs which in turn is driving the market revenue growth.

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Top Leading Players:  Mohawk Industries, Inc., Gerflor Group, Toli Corporation, Congoleum Corporation, The Dixie Group, Inc., Shaw Industries Group, Inc., Mannington Mills, Inc., Forbo Holding AG., Tarkett S.A, and LG Hausys, Ltd.

Key Companies in the market include:

  • Soft covering segment is expected to register a steady revenue growth rate over the forecast period. Soft covering segment can be further divided into foam, soft plastic, and cork laminate. Increase in demand for soft covering India Floor Covering can be attributed to ease and enjoyable experience it provides for users. This is the main factor driving revenue growth of the segment.
  • Tiles segment is expected to register a steady revenue growth rate during the forecast period. Tiles are a preferred product for India Floor Covering purposes due to their low costs and ease of, availability. Tiles also have added benefit of being scratch and stain-resistant, making them suitable for adoption in low-income households.
  • Residential buildings segment is expected account for largest revenue share in the global India Floor Covering market between 2022 and 2030. Rapid growth of new as well as resumption of old construction works is expected to increase demand for India Floor Covering materials which in turn is expected to drive revenue growth of the segment.
  • Latin America India Floor Covering market is expected to account for a minor revenue share in the global market over the forecast period. Rapid demand for custom-made India Floor Covering is increasing its demand among various countries in the region. Rise in requirements for India Floor Covering to meet up with growing healthcare and educational institutes in the region is also another factor expected to drive revenue growth of the India Floor Covering market.

Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)

Europe (Italy, U.K., Germany, France, Rest of Europe)

Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

Key questions covered in the global India Floor Covering market report:

  • What is the expected market size of the global India Floor Covering market during the forecast period?
  • What factors are expected to hamper global India Floor Covering market growth over the forecast period?
  • What key factors are expected to drive global revenue growth between 2021 and 2028?
  • Which application segment is expected to dominate other application segments over the forecast period?
  • Which region is expected to dominate in terms of revenue during the forecast period?
  • What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
  • Which leading players are operating in the global India Floor Covering market?

Segments covered in the report:

Type Outlook (Revenue, USD Billion; 2019-2030)

  • Non-resilient
  • Resilient
  • Soft Covering
  • Other Types

Application Outlook (Revenue, USD Billion; 2019-2030)

  • Healthcare Buildings
  • Education Buildings
  • Commercial
  • Residential Buildings
  • Sports Complexes

Material Outlook (Revenue, USD Billion; 2019-2030)

  • Wooden
  • Vinyl and Rubber
  • Tiles
  • Others

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