Market.us announces publication of its most recently generated research report titled, “Europe Resilient Flooring Market by Type (Vinyl Flooring, Linoleum, Rubber,Others), By Application (Residential Flooring, Commercial Flooring), and by Country/Region – Forecast to 2029.”, which offers a holistic view of the Europe resilient flooring market through systematic segmentation that covers every aspect of the target market.

The Europe resilient flooring market is projected to be US$ 4,751.2 Mn in 2019 to reach US$ 8,809.5 Mn by 2029 at a CAGR of 6.4%.

Resilient flooring is a modern flooring technique, and mainly it is a replacement of traditional hardwood flooring. It is a blend of synthetic and natural materials. Generally, it is used between the soft floors, for example, carpet and hard floors such as stone. Thus, if compared to truly hardwood flooring, resilient flooring can seem to be somewhat “cushiony” when one walks on it. And these flooring comes in the form of tiles and rolls. Resilient flooring is made from materials that are elastic in nature. More precisely, it is a mixture of binders, fillers, and colors. The filler material can consist of synthetic fibers, limestone or groundwood, and material fillers like asbestos. The binder material that binds the mixture together is either resin or asphalt. Types of resilient flooring include vinyl flooring, linoleum, rubber, and others (asphalt, wood, cork).

Europe's resilient flooring market is anticipated to register stable growth over the forecast period owing to significant growth factors present in this region. Resilient flooring is an engineered material manufactured by the use of bouncy, cushiony materials. And unlike hard flooring, resilient flooring materials hold some degree of elasticity. This makes resilient flooring, flexible, and comfortable. Due to this reason, these types of flooring are widely adopted, mainly for various performance purposes such as sports, dancing, and other recreational activities.

Europe Resilient Flooring Market Revenue (US$ Mn), 2019–2029 

Furthermore, resilient flooring is much lot cheaper in comparison to its “non-resilient” counterpart. Also as mentioned before, it is highly durable, making resilient flooring a very cost-effective option for residential and commercial buildings. Resilient flooring is nowadays everywhere owing to its pricing and perceived value by consumers. Because of these advantages, the market for resilient flooring in Europe is anticipated to boost. Also, rising numbers of replacement from hardwood flooring to resilient flooring in Europe is undoubtedly driving the market.

Based on types, the Europe resilient flooring market is segmented as vinyl flooring, linoleum, rubber, and others amongst which, vinyl flooring holds the most significant market share. Vinyl flooring installation costs are more economical compared to other flooring categories. Also, it is a widely popular inexpensive flooring option. Vinyl flooring offers excellent value along with a wide range of colors, designs, and styles. It is easy to both cut and install and does not require special tools. Based on the applications, Europe's resilient flooring market is segmented into two types, that is, for residential and commercial purposes. Amongst which residential segment holds significant market share as demand for resilient flooring across Europe will continue to be influenced by numerous renovation and home improvement activities. Further residential segment is expected to register stable growth rate over the forecasted period.

Europe Resilient Flooring Market Attractiveness Analysis by Type, 2013–2019

On the basis of country, the market is segmented into Germany, UK, France, Italy, Russia, Spain, and Rest of Europe. The Germany accounts for the majority share in the Europe resilient flooring market.

The research report on the Europe resilient flooring market includes profiles of some of major companies such as Berkshire Hathaway, Inc., Mohawk Industries, Inc., Tarkett SA, Interface, Inc., Forbo Holding AG, Victoria PLC, Mannington Mills, Inc., Gerflor, James Halstead Plc, and Beaulieu.

Key Market Segments

Type

• Vinyl Flooring
• Linoleum
• Rubber And Others

Application

• Residential
• Commercial Purposes

Key Market Players included in the report:

• Berkshire Hathaway Inc.
• Mohawk Industries Inc.
• Tarkett SA
• Interface Inc.
• Forbo Holding AG
• Victoria PLC
• Mannington Mills Inc.
• Gerflor
• James Halstead Plc
• Beaulieu.