Europe Flooring Materials Market is forecasted to grow at 7.1% with factors such as preference for luxury vinyl tile (LVT) sheets and linoleum in medical application.
Flooring materials market has shown an exceptional penetration in countries such as Germany, France and Italy with factors such as growing Innovations in laminate flooring. In developing countries, strong distribution network including multi-brand stores and online retailers is creating opportunity for the Europe flooring materials market.
Flooring materials Market Scenario
According to Data Bridge Market Research the market for flooring materials in Germany country has the highest market share followed by France and Italy. Market leader is Q.E.P. Co., Inc.which accounts an estimated market share of approximately 10% to 12% in the Europe flooring materials market. The company has gained outstanding sale through their construction product which is flooring materials.
- In 2018 April, Q.E.P. Co., Inc. acquired PR Floors Pty Ltd. based in Australia in order to expand its business through the whole Queensland strengthening its geographical stretch and operating areas. The acquisition will help the company increase its product portfolio thus enhancing its shares and profits.
- In 2019 June, Milliken & Company acquired the leading manufacturer, Andover Healthcare. The company is enaged in the production of flooring materials. The company provides products for healthcare, animal health and medicine markets. This development helps the company to increase revenue.
Trends Impacting the Market
Now the question is which other regions Q.E.P. Co., Inc., Mannington Mills, Inc. and The Euclid Chemical Company are targeting? Data Bridge Market Research has forecasted a large growth in France and the market leaders targeting U.K. to be their next revenue pockets for 2021.
The flooring materials market is becoming more competitive every year with companies such as Q.E.P. Co., Inc., Mannington Mills, Inc., and The Euclid Chemical Company as they are the market leaders for flooring materials market. The data bridge market research new reports highlight the major growth factors and opportunities in the flooring materials market.
For more analysis on the flooring materials market request for a briefing with our analysts Flooring materials Market Development
- In 2018 February, Gerflor entered into a binding agreement to acquire DLW’s linoleum activities. This development includes the take-over by Gerflor of the manufacturing plant in Delmenhorst, Germany as well as a part of the company’s sales force and support functions which helps the company to increase revenue..
Scope of the Flooring materials Market
Europe flooring materials market is segmented on the basis of countries into the Germany, France, Italy, Spain, UK, Ireland, Switzerland, Turkey, Russia, Belgium, Netherlands And Rest Of Europe.
All country based analysis of flooring materials market is further analyzed based on further segmentation. On the basis of By Material (Floor Covering Material, Floor Base Material And Under Mount Material), On the basis of By Flooring Type (Tile, Stones, Wood, PVC/Vinyl, Concrete, Terrazo, Mosaic, Glass, Brick, Carpet, Cork, Linoleum, Rubber, Acid Resisting, Magnesite And Others), On the basis of By Installation (Retrofitting And New Installation) And On the basis of By Application (Residential, Commercial, Institutional) On the basis of By Countries (Germany, France, Italy, Spain, UK, Ireland, Switzerland, Turkey, Russia, Belgium, Netherlands And Rest Of Europe)
To know more about the study https://www.databridgemarketresearch.com/reports/europe-flooring-materials-market
Key Pointers Covered in Flooring materials Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Saint-Gobain,
- 3M
- Owens Corning
- Sika AG
- Boral
- CSR Limited
- Johns Manville (a subsidiary of Berkshire Hathaway)
- Kajaria Ceramics Limited
- MOHAWK INDUSTRIES, INC.
- Tarkett
- Milliken & Company
- Interface, Inc.
- The Euclid Chemical Company
- ARDEX Groups
- Mannington Mills, Inc.
- Q.E.P. Co., Inc.
- Inhaus
- Gerflor.
- FB Hout
- INTASA..
Above are the key players covered in the report, to know about more and exhaustive list of flooring materials companies, contact us https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=europe-flooring-materials-market
Research Methodology: Europe flooring materials Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Residential construction
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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