Fiberglass Flooring Trends and Forecast
The future of the global fiberglass flooring market looks promising with opportunities in the residential, commercial, and industrial markets. The global fiberglass flooring market is expected to grow with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing urbanization along with the broad availability of cutting-edge flooring technology and types, rising need for residential construction due to population expansion, and favorable government initiatives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fiberglass Flooring by Segment
The study includes a forecast for the global fiberglass flooring by type, product, application, and region.
Fiberglass Flooring Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Luxury Vinyl Tiles
• Vinyl Composite Tiles
• Vinyl Sheets
• Hybrid Vinyl Flooring
• Vinyl Planks
Fiberglass Flooring Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Glue-Down
• Click-Lock
• Loose-Lay
Fiberglass Flooring Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
Fiberglass Flooring Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fiberglass Flooring Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fiberglass flooring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fiberglass flooring companies profiled in this report include-
• MOHAWK INDUSTRIES
• Mannington Mills
• Shaw Industries Group
• Milliken
• Gerflor
• Tarkett
• AWI Licensing
Fiberglass Flooring Market Insights
Lucintel forecasts that luxury vinyl tile is expected to witness the highest growth over the forecast period because they have an opulent appearance, minimize dryness, and offer superior insulation.
Within this market, commercial will remain the largest segment due to rising requirement for office buildings, retail stores, shopping malls, hotels, cafes, hospitals, theme parks, and leisure centers.
APAC will remain the largest region over the forecast period due to increasing usage of the product in the construction sector, rising per capita earnings, along with the growing middle class, and significant financial expansion in the region.
Features of the Global Fiberglass Flooring Market
Market Size Estimates: Fiberglass flooring market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fiberglass flooring market size by type, product, application, and region in terms of value ($B).
Regional Analysis: Fiberglass flooring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, product, application, and regions for the fiberglass flooring market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fiberglass flooring market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for fiberglass flooring market?
Answer: The global fiberglass flooring market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the fiberglass flooring market?
Answer: The major drivers for this market are growing urbanization along with the broad availability of cutting-edge flooring technology and types, rising need for residential construction due to population expansion, and favorable government initiatives.
Q3. What are the major segments for fiberglass flooring market?
Answer: The future of the global fiberglass flooring market looks promising with opportunities in the residential, commercial, and industrial markets.
Q4. Who are the key fiberglass flooring market companies?
Answer: Some of the key fiberglass flooring companies are as follows:
• MOHAWK INDUSTRIES
• Mannington Mills
• Shaw Industries Group
• Milliken
• Gerflor
• Tarkett
• AWI Licensing
Q5. Which fiberglass flooring market segment will be the largest in future?
Answer: Lucintel forecasts that luxury vinyl tile is expected to witness the highest growth over the forecast period because they have an opulent appearance, minimize dryness, and offer superior insulation.
Q6. In fiberglass flooring market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increasing usage of the product in the construction sector, rising per capita earnings, along with the growing middle class, and significant financial expansion in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fiberglass flooring market by type (luxury vinyl tiles, vinyl composite tiles, vinyl sheets, hybrid vinyl flooring, and vinyl planks), product (glue-down, click-lock, and loose-lay), application (residential, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fiberglass Flooring Market, Fiberglass Flooring Market Size, Fiberglass Flooring Market Growth, Fiberglass Flooring Market Analysis, Fiberglass Flooring Market Report, Fiberglass Flooring Market Share, Fiberglass Flooring Market Trends, Fiberglass Flooring Market Forecast, Fiberglass Flooring Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.