Tuesday, 02 January 2024 12:17 GMT

United Kingdom Non-Resilient Floor Covering Market key Insights Based on Product Type, End-use and Regional Demand


(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 21, 2021, 06:18 /Comserve / -- United Kingdom Non-Resilient Floor Covering Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast

Non-resilient flooring is a hard surface flooring, made up of inflexible, organic, and hard surface flooring materials comprising ceramic tile, porcelain tile, and natural stone. Excellent water resistance and durability offered by these products are expected to propel their demand in commercial as well as residential constructions over the forecast period. Rising residential and commercial construction activities are expected to propel the demand for non-resilient products such as ceramic tiles and stone flooring over the projected period. The United Kingdom is anticipated to register significant growth over the projected period on account of rising demand for architectural buildings in the region. The rising demand for ceramic tiles in non-residential applications is expected to have a positive impact on market growth. Increased home improvement projects have led to an increased demand for non-resilient floors. Some factors such as water resistance, ease of cleaning, enhanced comfort, and durability of floors are also driving the demand for non-resilient flooring products. Also, the development of hassle-free installation techniques and growing demand for environment-friendly products owing to the growing environmental and health-related concerns are expected to fuel the growth of the non-resilient flooring market.

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Key Market Trends

Increase in Construction Activities is Driving the Market

The United Kingdom's non-resilient flooring market is expected to witness high growth due to increasing construction activities in the residential and commercial sectors in the region. Flooring is crucial for the construction industry. It plays a vital role in enhancing the overall atmosphere of a residential or commercial landscape. Growth in the construction sector and rising urbanization are also some of the factors propelling the growth of the non-resilient flooring market. Non-resilient flooring market in the country is projected to register substantial growth, owing to increasing construction activities. Along with growing investments in the construction industry, the rise in infrastructure to keep up with lifestyle changes contributes to increased demands.

Residential Segment is Dominating the Market

The residential sector is the most important sector for the flooring market. The growth of the residential segment among the application segments is attributable to increasing new residential construction projects across the country. Growing focus toward interior decoration and comfort, coupled with rising disposable income of people are expected to drive the demand for flooring in the residential industry. Housing renovation and maintenance have increased steadily in the recent past and are expected to further increase in the coming years, owing to the increasing disposable income of people. All these factors are expected to fuel the demand for non-resilient flooring in the residential sector. Non-resilient floorings come in a variety of textures, colours, and patterns; hence, its demand in residential homes is high.

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Competitive Landscape

The report covers major international players operating in the United Kingdom Non-Resilient Floor Covering Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters 5 Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Impact of Covid-19 on the Market

5 MARKET SEGMENTATION

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