Transport Flooring Market Trends and Forecast
The future of the global transport flooring market looks promising with opportunities in the train, aircraft, and automotive markets. The global transport flooring market is expected to grow with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are growing demand for sustainable & eco-friendly flooring solutions and increasing focus on safety & comfort in the public transport vehicles.
• Lucintel forecasts that rubber is expected to witness the highest growth over the forecast period.
• Within this market, train is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Transport Flooring Market
• United States: Gerflor announced the launch of its new range of eco-friendly transport flooring solutions, focusing on enhanced durability and recyclability. The U.S. government has set ambitious targets for reducing carbon emissions from the transport sector, encouraging the adoption of sustainable materials.
• Germany: Forbo Flooring Systems introduced a new anti-slip flooring product specifically designed for public transport vehicles, aligning with GermanyÄX%$%Xs stringent safety standards. The German government continues to support innovations in transport infrastructure through grants and subsidies.
• China: Shanghai Dragon Polymer Co., Ltd. announced a significant expansion of its production facilities to meet the increasing demand for transport flooring in electric buses and trains. The Chinese government’s push for electric vehicle adoption is driving market growth.
• United Kingdom: Altro Flooring launched a new lightweight transport flooring, aiming to improve fuel efficiency in buses and trains. The UK government has set new regulatory standards for public transport flooring to enhance safety and environmental performance.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Transport Flooring Market by Segment
The study includes a forecast for the global transport flooring market by type, application, and region.
Transport Flooring Market by Type [Value from 2018 to 2030]:
• Rubber Flooring
• Vinyl Flooring
• Wood Flooring
• Others
Transport Flooring Market by Application [Value from 2018 to 2030]:
• Train
• Aircraft
• Automotive
• Others
Transport Flooring Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Transport 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 transport flooring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the transport flooring companies profiled in this report include-
• Forbo Flooring Systems
• Altro
• nora systems
• Gerflor
• Metsa Wood
• Dellner Glass Solutions
• Baultar
Recent Development in the Transport Flooring Market
• Tarkett: Tarkett has expanded its portfolio of luxury vinyl tiles (LVT) specifically designed for the transport applications. The new range focuses on durability and ease of maintenance, providing solutions that meet the stringent demands of the transport sector. These products aim to enhance passenger comfort while ensuring compliance with safety standards.
• Armstrong Flooring: Armstrong Flooring has introduced a new line of sustainable transport flooring solutions made from recycled materials. This initiative aligns with global efforts to reduce the environmental footprint of the transport industry. The new products are designed to be both eco-friendly and high-performing, meeting the durability needs of transport vehicles.
• Polyflor: Polyflor has launched a new series of heavy-duty flooring solutions for buses and trains. These products are designed to withstand high foot traffic and offer slip resistance, ensuring passenger safety. The new range also features easy-to-clean surfaces, reducing maintenance efforts for transport operators.
• American Biltrite: American Biltrite has developed an innovative anti-microbial flooring solution for the transport industry. This flooring is designed to inhibit the growth of bacteria and fungi, promoting a healthier environment for passengers. It is particularly suited for applications in public transport vehicles where hygiene is paramount.
• Interface: Interface has adopted carbon-negative technology in its new transport flooring products. This technology helps reduce the overall carbon footprint of their flooring solutions. The new range offers durability and resilience, catering to the high demands of the transport sector while contributing to sustainability goals.
Features of the Global Transport Flooring Market
Market Size Estimates: Transport 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: Transport flooring market size by type, application, and region in terms of value ($B).
Regional Analysis: Transport flooring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the transport flooring market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the transport flooring market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for transport flooring market?
Answer: The global transport flooring market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the transport flooring market?
Answer: The major drivers for this market are growing demand for sustainable & eco-friendly flooring solutions and increasing focus on safety & comfort in the public transport vehicles.
Q3. What are the major segments for transport flooring market?
Answer: The future of the transport flooring market looks promising with opportunities in the train, aircraft, and automotive markets.
Q4. Who are the key transport flooring market companies?
Answer: Some of the key transport flooring companies are as follows:
• Forbo Flooring Systems
• Altro
• nora systems
• Gerflor
• Metsa Wood
• Dellner Glass Solutions
• Baultar
Q5. Which transport flooring market segment will be the largest in future?
Answer: Lucintel forecasts that rubber is expected to witness the highest growth over the forecast period.
Q6. In transport flooring market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
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 transport flooring market by type (rubber flooring, vinyl flooring, wood flooring, and others), application (train, aircraft, automotive, and others), 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 Transport Flooring Market Market, Transport Flooring Market Market Size, Transport Flooring Market Market Growth, Transport Flooring Market Market Analysis, Transport Flooring Market Market Report, Transport Flooring Market Market Share, Transport Flooring Market Market Trends, Transport Flooring Market Market Forecast, Transport Flooring Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.