[Feb, 2019] The global soft covering flooring market size is expected to reach USD 105.54 billion by 2025. It is anticipated to register a CAGR of 3.2% during the forecast period. Increasing commercial construction activities coupled with commercial replacements in developing economies from Asia Pacific and Middle East & Africa is expected to drive growth.
The primary raw material used for manufacturing soft covering flooring is the bulk continuous filament for yarn made of synthetic fibers including nylon, polyester, triexta, and polypropylene. The major manufacturers use 100% recycled nylon for the production of carpets and rugs with focus on reducing environmental footprint.
Fluctuating prices of raw materials owing to varying market conditions have significant impact on the final price of the products. Carpet manufacturing companies engage in vertical integration to avoid adverse effects of interruption of raw material supply, such as nylon fibers, on manufacturing operations of soft covering flooring.
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The global soft covering flooring market size is expected to reach USD 105.54 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.2% during the forecast period. Increasing commercial construction activities coupled with commercial replacements in developing economies from Asia Pacific and Middle East & Africa is expected to drive growth.
The primary raw material used for manufacturing soft covering flooring is the bulk continuous filament for yarn made of synthetic fibers including nylon, polyester, triexta, and polypropylene. The major manufacturers use 100% recycled nylon for the production of carpets and rugs with focus on reducing environmental footprint.
Fluctuating prices of raw materials owing to varying market conditions have significant impact on the final price of the products. Carpet manufacturing companies engage in vertical integration to avoid adverse effects of interruption of raw material supply, such as nylon fibers, on manufacturing operations of soft covering flooring.
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Table of Contents:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market snapshot
Chapter 3. Soft Covering Flooring Market Variables, Trends & Scope
3.1. Soft covering flooring – Market segmentation
3.2. Soft covering flooring – Value chain analysis
3.3. Soft covering flooring – Market dynamics
3.3.1. Market driver analysis
3.3.1.1. Increasing utilization of carpet tiles in residential & commercial applications
3.3.1.2. Increasing commercial construction activities
3.3.2. Market restraint analysis
3.3.2.1. Increasing Utilization of substitutes
3.4. Soft covering flooring market – Porter’s
3.5. Soft covering flooring market – PESTEL analysis
Continued…
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