(MENAFN- Comserve)
Shibuya-ku, Tokyo, Japan, Japan, Jun 08, 2022, 11:29 /Comserve / -- United Kingdom Resilient Floor Covering market With Top Countries Data, industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
Resilient flooring is a popular choice for floor covering in health care facilities, due to durability, ease of cleaning and routine maintenance, low cost, comfort, and a broad range of available designs. Resilient flooring manufacturers use a range of feedstock materials to make their products: from synthetic petrochemical-based polymers including vinyl, rubber, and polyolefin, to natural materials such as natural rubber and linoleum. In the United Kingdom, resilient floor covering is one of the fast-growing markets, and the demand the resilient flooring demand was more than 33.5 million square meters during 2018. Technological improvements drove the rapid adoption of vinyl floors, replacing linoleum as the predominant resilient floor covering in residential and commercial applications.
Click Here to Download Sample Report >>
Vinyl floor covering was marketed and positioned as a modern material, and became an appropriate choice for the emerging technologically sophisticated modern buildings. Through the adoption of emerging technology and innovation, the leading manufacturers of the resilient flooring products are focusing on developing unique processes to recycle their own production waste back into their manufacturing process in order to reduce the damage caused to the environment. The changing lifestyles, and home decor preferences are the trends that are driving the resilient floor covering market across the country.
Key Market Trends
Commercial End-User Segment is Forecasted to Grab a Major Share of the Market
The resilient floor covering market can be broadly categorized as the residential and commercial end-user. The residential segment has grabbed the major share of the market during the study period. But the strengthening tourism and hospitality industry in the region is driving the construction of new hotels, restaurants, premium villas, and guest houses. Resilient floor coverings offer enhanced aesthetically pleasing appearances. These also offer high abrasion and resistance, long durability, and comes at low prices making them more suitable to the hospitality industry. The urbanization and the expanding business segments across Europe are also forecasted to increase the construction of new office buildings in the region.
Vinyl Resilient Floor Covering Segment is Occupying a Major Share of the Market
Vinyl floor covering segment of the resilient floor covering market has been occupying a major share of the market and is anticipated to continue to outperform the remaining product segments of the market. Even though the residential share is comparatively less than the commercial segment of the market, it is slowly experiencing a strong growth rate especially the luxury vinyl tiles are grabbing more customer attention and are expanding the scope of resilient floor coverings in the residential segment in the United Kingdom.
Request For The Sample Report Here:
Competitive Landscape
The report covers major players operating in the United Kingdom resilient floor covering market along with their product portfolio, key financials, and developments. The market is transforming with many technological advancements through product innovation and process automation. The key market players are focusing on improving their production capacity which will help them to increase exports.
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 Market Opportunities
4.5 Value Chain / Supply Chain Analysis
4.6 Porters Five Force Analysis
4.7 Insights into Latest Technologies Used in the Industry
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
Request For Full Report >> United Kingdom Resilient Floor Covering Market
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
MENAFN08062022004694010674ID1104344354
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.