Sports flooring involves specialized flooring solutions made for athletic and sporting events. These flooring options consider shock absorption, traction, and ball bounce, as they are engineered to offer safety, performance, durability, and comfort for athletes. Indoor sports facilities such as gyms, arenas, multipurpose halls, and fitness centers frequently have sports flooring installed.
There are many types of sports flooring, including rubber, hardwood, and synthetic materials. Basketball courts frequently have hardwood sports flooring installed because it provides great ball bounce and player traction and is frequently made of maple or oak. PVC or vinyl synthetic sports flooring is adaptable and can be tailored to different sports activities. Rubber sports flooring is popular for indoor tracks, weightlifting areas, and aerobic studios, known for its shock-absorbing qualities. Hence, the increasing demand for sports flooring in various application is expected to boost the market growth.
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Data Bridge Market Research analyzes that the North America Sports Flooring Market is expected to reach USD 7,042.96 million by 2030 from USD 4,869.15 million in 2022, growing at a CAGR of 4.9% in the forecast period of 2023 to 2030. Growing sports infrastructure in emerging countries is expected to create an opportunity for North America sports flooring market.
Key Findings of the Study
Growing Popularity of Sports Activities
Sports participation is rising among people of all ages and socioeconomic classes. Consequently, the increasing popularity of sports activities worldwide is a major factor driving the recent growth of the market for sports flooring. As more people participate in sports and leisure activities, there has been a significant increase in the demand for appropriate and high-quality sports flooring solutions.
The impact of professional sports and athletes has significantly boosted the popularity of sports. Major leagues such as the IPL, NFL, and NBA, as well as high-profile sporting events such as the Olympics and FIFA World Cup, and ICC World Cup, draw the interest and admiration of millions of audiences worldwide. People are motivated to play sports recreationally or competitively because of the extraordinary accomplishments and athleticism displayed by these athletes, and they do so to be like their sporting idols. Therefore, there has been an increasing trend among people regarding sports, boosting the launch of new initiatives and generating more revenue from existing activities.
These sorts of initiatives and trending sports culture among people accelerate the need for good quality infrastructure associated with sports flooring products. In addition, the development of social media and digital platforms has also boosted the popularity of sports. Sports enthusiasts now have a place to connect, share experiences, and foster a sense of camaraderie thanks to online communities and platforms devoted to various sports. People have been encouraged to participate in sports due to this virtual interaction because it is now simple for them to access training materials and information and connect with others who share their passion.
Moreover, the growth of organized sports events at the amateur and professional levels has contributed significantly to the market's upward trajectory. The increasing number of sports tournaments, leagues, and competitions, coupled with the rising viewership and fan base, has created a surge in demand for state-of-the-art sports facilities with premium sports floorings. Sports flooring is pivotal in providing an optimal playing surface, ensuring player performance, and gaining substantial traction in the sports flooring market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Type (Rubber Flooring, PVC Flooring, Wood Flooring, Artificial Turf Flooring, Polyurethane Flooring, and Polypropylene Flooring), Application (Indoor and Outdoor), Sports (Gym, Basketball, Badminton, Tennis, Football, Dance and Aerobic Studio, Track and Field, Volleyball, and Others), End-Use (Commercial and Residential), Construction Type (Renovate/Maintained and New Construction), Sales Channel (Direct Sales and Sports Outlet)
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Countries Covered
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U.S., Canada, and Mexico
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Market Players Covered
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FAB FLOORINGS INDIA (India), FLEXCOURT (U.S.), Sika AG (Switzerland), Tarkett (France), Sunzone Corporation (India), LX Hausys (South Korea), Costa Sports Systems Pvt. Ltd. (India), Gerflor (France), Forbo Group (Switzerland), EPI Group (Netherlands), Horner Sports Flooring. (U.S.), Asian Flooring India Private Limited (India), INDIANA SPORTS INFRA (India), King Arthur Industries Co., Ltd. (Taiwan), SnapSports (U.S.), CONICA AG (Switzerland), Frogg Sports Infrs Pvt. Ltd (India), AMAZING FLOORS (India), Abacus Sports (U.S.), Hamberger Industriewerke GmbH (Germany), SHREEJI WOODCRAFT (India), KTL SPORTS FLOORING (Malaysia), Ecore International (U.S.), and KTR International (India), among others
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
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Segment Analysis
The North America sports flooring market is segmented into six notable segments based on type, application, sports, end-use, construction type, and sales channel.
- On the basis of type, the market is segmented into rubber flooring, PVC flooring, wood flooring, artificial turf flooring, polyurethane flooring, and polypropylene flooring
In 2023, the rubber flooring segment is expected to dominate the North America sports flooring market
In 2023, the rubber flooring segment is expected to dominate the market with a market share of 21.09% due to increasing numbers of gym openings and gym demands
- On the basis of application, the market is segmented into indoor and outdoor
In 2023, the indoor segment is expected to dominate the North America sports flooring market
In 2023, the indoor segment is expected to dominate the market with a market share of 78.41% due to increasing sports club openings, safety from the weather, and artificial environment maintenance
- On the basis of sports, the market is segmented into gym, basketball, badminton, tennis, football, dance and aerobic studio, track and field, volleyball, and others. In 2023, the gym segment is expected to dominate the market with a market share of 20.93%
- On the basis of end-use, the market is segmented into commercial and residential. In 2023, the commercial segment is expected to dominate the market with a market share of 86.27%
- On the basis of construction type, the market is segmented into renovate/maintained and new construction. In 2023, the renovate/maintained segment is expected to dominate the market with a market share of 81.28%
- On the basis of sales channel, the market is segmented into direct sales and sports outlet. In 2023, the direct sales segment is expected to dominate the market with a market share of 83.33%
Major Players
Data Bridge Market Research analyzes Tarkett (France), Gerflor (France), Sika AG (Switzerland), LX Hausys (South Korea), and Ecore International (U.S.) are the major players in North America sports flooring market.
Recent Developments
- In July 2023, Tarkett launched PureGrain, a breakthrough that is slated to completely alter the landscape of sporting fields. This ground-breaking product, made from maize cobs, not only represents a big step towards a greener future, but it also offers great performance for athletes of all skill levels. This kind of product launch has helped the company to broaden its product portfolio and gain a new consumer base
- In April 2023, the company declared the release of six new maple designs. These Taraflex designs are incredibly lifelike and replicate our Connor maple strips while simulating the most prestigious flooring in the NBA. This kind of product launch will help the company to gain a competitive edge in the market
- In September 2021, building and interior design materials manufacturer LX Hausys joined a bid to acquire a stake in furniture company Hanssem. LX Hausys reported that it plans to invest 300 billion won (USD 259 million) in a special-purpose company formed by IMM Private Equity (PE). Hanssem manufactures flooring, doors, and windows. With this acquisition, LX Hausys is expected to strengthen its presence in the local interior design market using the synergy between the two companies
- In 2021, The international governing body of basketball, FIBA, and Junckers Industier A/s entered a long-term agreement under which Junckers will provide wood flooring globally by the year 2024. This agreement is helping the company to generate a stable turnover and gain a new consumer base by promoting its brand image
Regional Analysis
Geographically, the countries covered in the North America sports flooring market are U.S., Canada, and Mexico
As per Data Bridge Market Research analysis:
U.S. is the dominant and fastest growing country in North America sports flooring market
The U.S. is expected to dominate the North America sports flooring market with a significant growth rate and a highest CAGR due to the presence of a large number of operating major players in the region and the increase in initiatives such as acquisitions, collaborations and product launch by manufacturers to distribute their products efficiently to the consumer.
For more detailed information about the North America sports flooring market report, click here – https://www.databridgemarketresearch.com/fr/reports/north-america-sports-flooring-market
