Europe Resilient Floor Covering Market Size (2024 - 2029)

The Europe Resilient Floor Covering Market is experiencing significant growth, driven by advancements in technology and product design, which enhance its appeal for both residential and commercial applications. Despite the initial impact of the COVID-19 pandemic on the construction and manufacturing sectors, the market has shown a robust recovery, returning to pre-pandemic levels. The market's expansion is further supported by the increasing demand in the commercial sector, particularly within the hospitality industry, and the rising government investment in infrastructure projects. Resilient floor coverings, known for their durability and ease of maintenance, are becoming a preferred choice due to their versatile design options and high-performance characteristics.

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Market Size of Europe Resilient Floor Covering Industry

Europe Resilient Floor Covering Market Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 9.10 Billion
Market Size (2029) USD 17.80 Billion
CAGR (2024 - 2029) 7.25 %
Market Concentration Medium

Major Players

Europe Resilient Floor Covering Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Resilient Floor Covering Market Analysis

The Europe Resilient Floor Covering Market size is estimated at USD 9.10 billion in 2024, and is expected to reach USD 17.80 billion by 2029, growing at a CAGR of 7.25% during the forecast period (2024-2029).

The COVID-19 pandemic did affect the construction and manufacturing industry across Europe. But has seen a steady recovery and now is showing pre-covid recovery. The resilient flooring segment is the second-largest segment next to carpet and rugs in the floor covering market sales. The innovative and coordinated system of vinyl, rubber cork, fiberglass, and linoleum all linked together to be a popular choice in residential and commercial applications to deliver better aesthetics and high-performance environments. The properties, such as being available in different colors, shapes, dimensions, and patterns and being scratch-resistant, odor-proof, and water-resistant, make them more durable.

Resilient floor coverings are made with substances that are easy to install and maintain. All these properties make resilient floor coverings a better choice for utilization. Improving technology, and innovation in product design are further driving the market of resilient floor covering. The rapidly expanding construction industry and increasing government spending on infrastructure projects are anticipated to drive the market further. The commercial segment of the market, especially the growing hospitality industry, is grabbing a high share of the market and is anticipated to continue the same in the forecast period.

Europe Resilient Floor Covering Industry Segmentation

The report provides a detailed study of the underlying factors for the variations in Europe's resilient floor-covering market growth trends. The report also provides a competitive landscape covering key company portfolios with detailed profiling for major revenue-contributing segments. The report also features qualitative and quantitative assessment by analyzing data gathered from industry experts and market participants across key points in the industry’s value chain. Europe Resilient Floor Covering Market is segmented by product (vinyl resilient flooring, linoleum resilient flooring, fiberglass resilient flooring, cork resilient flooring, rubber resilient flooring) by end-user (residential, commercial) and by distribution channel (home centers, specialty stores, online, others). The Report Offers Market Size and Forecasts for the Europe Resilient Floor Covering Market in Value (USD) for all the Above Segments.

By Type
Luxury Vinyl Tile
Vinyl Sheet and Floor Tiles
Rubber
Linoleum
Other Types
By End-User
Residential
Commercial
By Distribution Channel
Online
Offline
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Europe Resilient Floor Covering Market Size Summary

The Europe resilient floor covering market is experiencing a robust growth trajectory, driven by the increasing demand for durable and aesthetically pleasing flooring solutions in both residential and commercial sectors. This segment, which includes materials such as vinyl, rubber, cork, fiberglass, and linoleum, is gaining popularity due to its scratch-resistant, odor-proof, and water-resistant properties. The market is witnessing a resurgence following the disruptions caused by the COVID-19 pandemic, with the construction and renovation activities in Europe fueling the demand for resilient floor coverings. The ongoing urbanization, population growth, and infrastructure development are key factors contributing to the market's expansion, as new constructions and renovations necessitate the use of cost-effective and practical flooring options.

The market is also benefiting from technological advancements and digital transformations, with companies increasingly adopting e-commerce platforms and virtual showrooms to reach a broader customer base. This shift towards digital sales channels is enhancing accessibility and convenience for consumers across Europe. Major players in the market, such as Tarkett S.A., Forbo Flooring Austria GmbH, Gerflor SAS, Beaulieu International Group, and Altro Limited, are focusing on product innovation and process automation to improve production capacity and meet the growing demand. Collaborations and partnerships, like those between Forbo Flooring and IOBAC UK Ltd., are highlighting the importance of innovative installation methods, further propelling the market's growth.

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Europe Resilient Floor Covering Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Construction and Renovation Activities

      2. 1.2.2 Increasing Percentage of 65+ year of Age in Europe

    3. 1.3 Market Restraints

      1. 1.3.1 High Competitiveness in Players Resilient Flooring Market

      2. 1.3.2 Substitution by Other Products

    4. 1.4 Market Opprtunities

      1. 1.4.1 Rapidly Evolving Design Trends can be seen as Opportunity in the Market

      2. 1.4.2 Increase in Online Distribution

    5. 1.5 Industry Value Chain Analysis

    6. 1.6 Industry Attractiveness - Porters' Five Forces Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitutes

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Insights on technology innovation in Life and Non-Life Indurance Market.

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Luxury Vinyl Tile

      2. 2.1.2 Vinyl Sheet and Floor Tiles

      3. 2.1.3 Rubber

      4. 2.1.4 Linoleum

      5. 2.1.5 Other Types

    2. 2.2 By End-User

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

    3. 2.3 By Distribution Channel

      1. 2.3.1 Online

      2. 2.3.2 Offline

Europe Resilient Floor Covering Market Size FAQs

The Europe Resilient Floor Covering Market size is expected to reach USD 9.10 billion in 2024 and grow at a CAGR of 7.25% to reach USD 17.80 billion by 2029.

In 2024, the Europe Resilient Floor Covering Market size is expected to reach USD 9.10 billion.

Europe Resilient Floor Covering Market Report Snapshots

Europe Resilient Floor Covering Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)