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At a compound annual growth rate (CAGR) of 6.9% between 2023 and 2030, the size of the global outdoor flooring market is expected to increase from its 2022 valuation of USD 1.9 billion to USD 2.69 billion.
Due to factors such as increased urbanisation, rising demand for visually pleasing outdoor spaces, and expanding residential and commercial development projects, the worldwide outdoor flooring market is growing at a steady rate. Patios, decks, and outdoor areas are prime locations for long-lasting, low-maintenance materials including composite decking, porcelain tiles, and natural stone. Sustainable and recyclable flooring solutions are growing in popularity as a result of rising awareness of environmental issues. Design innovation, simple installation processes, and an emphasis on durability in adverse conditions are what set this industry apart. The markets in Asia-Pacific and North America are expected to grow at a rapid rate, with a focus on sustainable and individualised products.
Evaluation Through Use
The residential sector has historically been one of the main contributors to the outdoor flooring market due to the sheer number of individual homeowners and property developments, making it one of the largest and fastest-growing categories. Consistent demand for outdoor flooring goods has been driven by the need to create aesthetically pleasing outdoor living spaces.
The business sector may have been the fastest-growing industry in recent years. Companies in the leisure, travel, and hospitality sectors are spending more time and money beautifying outdoor areas in order to draw in more visitors. The growing popularity of online shopping has also increased the demand for well-planned and efficient logistics and warehousing facilities in the industrial sector, which could promote market expansion.
Material Analysis
For decades, wood has been the most popular material for outdoor flooring around the world. Composite outdoor flooring, on the other hand, is anticipated to be the fastest-growing sector. Composites' popularity grew as scientists and engineers developed better ways to make them environmentally friendly while also making them appear and feel like genuine wood. Composite materials expanded because of the need for low-upkeep, weather-resistant, and eco-friendly outdoor flooring options. Awareness of the importance of comfort and safety in outdoor recreational and sports settings has also contributed to the growth of the rubber outdoor flooring industry. It was anticipated that the various markets for outdoor flooring materials would expand as a result of technological and design innovation.
Important Developments in the Market
Innovation and shifting customer tastes have fueled rapid growth in the worldwide outdoor flooring market in recent years. Increased public interest in protecting the environment has led to a rise in demand for sustainable, eco-friendly materials such recycled plastics and composite decking. Outdoor flooring options have improved in durability, weather resistance, and ease of maintenance as a result of technological developments. In addition, consumers can now put their own stamp on their outdoor areas thanks to a plethora of aesthetic options and modifiable designs. The market is developing due to factors such as the increasing demand in emerging economies, the expanding urban population, and the rising interest in outdoor recreation.
Intense competition among major players in the global outdoor flooring market has spurred product development and industry growth. Tarkett, Interface, and Mohawk Industries are three well-established corporations that make use of their extensive product lines and widespread distribution channels. New entrants like FloorPops and Cali Bamboo are tapping into the market by providing ecologically friendly solutions and innovative designs. There are many advantages to shopping on an online platform like BuildDirect. Consumers looking for practical and aesthetically pleasing outdoor flooring solutions around the world can benefit from the innovations in long-lasting materials, sustainability, and personalization made possible by this market environment.
Report Coverage
Global Outdoor Flooring research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Outdoor Flooring report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Outdoor Flooring competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Outdoor Flooring market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Outdoor Flooring market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Outdoor Flooring market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Tarkett Group - France, Shaw Industries Group, Inc. - USA, Mohawk Industries, Inc. - USA, Interface, Inc. - USA, Gerflor Group - France, Armstrong Flooring, Inc. - USA, Forbo Holding AG - Switzerland, Beaulieu International Group - Belgium, TOLI Corporation - Japan, James Halstead PLC - UK, TOLI Corporation - Japan, Polyflor Ltd. - UK, Nox Corporation - South Korea, LG Hausys - South Korea, Kronospan Holdings Limited - Luxembourg, Parador GmbH - Germany, Balta Group - Belgium, Supreme Industries Ltd. - India, Tuntex Group - Taiwan, Nora Systems GmbH - Germany
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Outdoor Flooring market based on the below-mentioned segments:
Global Outdoor Flooring Market, By Material
Wood
Ceramics
Concrete
Others
Global Outdoor Flooring Market, By End User
Residential
Commercial
Public Sector
Others
Global Outdoor Flooring market, Regional Analysis
Due to factors such as increased urbanisation, rising demand for visually pleasing outdoor spaces, and expanding residential and commercial development projects, the worldwide outdoor flooring market is growing at a steady rate. Patios, decks, and outdoor areas are prime locations for long-lasting, low-maintenance materials including composite decking, porcelain tiles, and natural stone. Sustainable and recyclable flooring solutions are growing in popularity as a result of rising awareness of environmental issues. Design innovation, simple installation processes, and an emphasis on durability in adverse conditions are what set this industry apart. The markets in Asia-Pacific and North America are expected to grow at a rapid rate, with a focus on sustainable and individualised products.
Evaluation Through Use
The residential sector has historically been one of the main contributors to the outdoor flooring market due to the sheer number of individual homeowners and property developments, making it one of the largest and fastest-growing categories. Consistent demand for outdoor flooring goods has been driven by the need to create aesthetically pleasing outdoor living spaces.
The business sector may have been the fastest-growing industry in recent years. Companies in the leisure, travel, and hospitality sectors are spending more time and money beautifying outdoor areas in order to draw in more visitors. The growing popularity of online shopping has also increased the demand for well-planned and efficient logistics and warehousing facilities in the industrial sector, which could promote market expansion.
Material Analysis
For decades, wood has been the most popular material for outdoor flooring around the world. Composite outdoor flooring, on the other hand, is anticipated to be the fastest-growing sector. Composites' popularity grew as scientists and engineers developed better ways to make them environmentally friendly while also making them appear and feel like genuine wood. Composite materials expanded because of the need for low-upkeep, weather-resistant, and eco-friendly outdoor flooring options. Awareness of the importance of comfort and safety in outdoor recreational and sports settings has also contributed to the growth of the rubber outdoor flooring industry. It was anticipated that the various markets for outdoor flooring materials would expand as a result of technological and design innovation.
Important Developments in the Market
Innovation and shifting customer tastes have fueled rapid growth in the worldwide outdoor flooring market in recent years. Increased public interest in protecting the environment has led to a rise in demand for sustainable, eco-friendly materials such recycled plastics and composite decking. Outdoor flooring options have improved in durability, weather resistance, and ease of maintenance as a result of technological developments. In addition, consumers can now put their own stamp on their outdoor areas thanks to a plethora of aesthetic options and modifiable designs. The market is developing due to factors such as the increasing demand in emerging economies, the expanding urban population, and the rising interest in outdoor recreation.
Intense competition among major players in the global outdoor flooring market has spurred product development and industry growth. Tarkett, Interface, and Mohawk Industries are three well-established corporations that make use of their extensive product lines and widespread distribution channels. New entrants like FloorPops and Cali Bamboo are tapping into the market by providing ecologically friendly solutions and innovative designs. There are many advantages to shopping on an online platform like BuildDirect. Consumers looking for practical and aesthetically pleasing outdoor flooring solutions around the world can benefit from the innovations in long-lasting materials, sustainability, and personalization made possible by this market environment.
Report Coverage
Global Outdoor Flooring research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Outdoor Flooring report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Outdoor Flooring competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Outdoor Flooring market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Tarkett Group - France, Shaw Industries Group, Inc. - USA, Mohawk Industries, Inc. - USA, Interface, Inc. - USA, Gerflor Group - France, Armstrong Flooring, Inc. - USA, Forbo Holding AG - Switzerland, Beaulieu International Group - Belgium, TOLI Corporation - Japan, James Halstead PLC - UK, TOLI Corporation - Japan, Polyflor Ltd. - UK, Nox Corporation - South Korea, LG Hausys - South Korea, Kronospan Holdings Limited - Luxembourg, Parador GmbH - Germany, Balta Group - Belgium, Supreme Industries Ltd. - India, Tuntex Group - Taiwan, Nora Systems GmbH - Germany |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Outdoor Flooring Market from 2021 to 2030.
- Market Forecast for Outdoor Flooring Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Outdoor Flooring competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Outdoor Flooring
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Outdoor Flooring market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Outdoor Flooring market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Tarkett Group - France, Shaw Industries Group, Inc. - USA, Mohawk Industries, Inc. - USA, Interface, Inc. - USA, Gerflor Group - France, Armstrong Flooring, Inc. - USA, Forbo Holding AG - Switzerland, Beaulieu International Group - Belgium, TOLI Corporation - Japan, James Halstead PLC - UK, TOLI Corporation - Japan, Polyflor Ltd. - UK, Nox Corporation - South Korea, LG Hausys - South Korea, Kronospan Holdings Limited - Luxembourg, Parador GmbH - Germany, Balta Group - Belgium, Supreme Industries Ltd. - India, Tuntex Group - Taiwan, Nora Systems GmbH - Germany
Primary Target Market
- Market Players of Outdoor Flooring
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Outdoor Flooring market based on the below-mentioned segments:
Global Outdoor Flooring Market, By Material
Wood
Ceramics
Concrete
Others
Global Outdoor Flooring Market, By End User
Residential
Commercial
Public Sector
Others
Global Outdoor Flooring market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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Through INFINITIVE Data Expert is a professional Market Research services, I will identify the outdoor flooring market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.