Wood flooring manufacturing market
is currently preferred owing to its durability, restorability and its environmental
profile. It can be classified as solid, acrylic impregnated and engineered
wood. Bamboo flooring, one form of grass flooring is also considered as a type
of wood flooring. Wood flooring comes in shapes such as strips, parquet and
planks. Raw materials of wood flooring include oak, ash, birch, walnut, maple,
beech, birch and hickory among others.
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Increased residential construction
with changing lifestyle generates a demand for wood thereby driving the wood
flooring market. In addition, wood products are being used as a source of
recycled product which is another factor adding to the growth of wood flooring
manufacturing market. Increased environmental concerns such as rising
deforestation may restrain the growth of this market. Substitute commodities
such as carpet, ceramic tiles and vinyl which serve as alternatives to wood may
hamper the growth of this market. Increasing construction activities in the
developing countries such as Brazil, Russia, India and China (BRIC) is expected
to open the new opportunities in the market over the future. This market excels
in the U.S and Europe owing to the cold climatic conditions since wood aids in
maintaining the warmth. Asia Pacific is expected to be a significant
contributor to this market on account of the changing lifestyles. Among the
other types of wood, oak is the most popular owing to its wide availability,
low cost and its hardness. Profit margins may differ depending on the type of
company.
Some of the key players of this
market include Mohawk Industries, Wood Flooring International, Tembec, Tarkett,
A&W Woods and Armstrong World Industries among others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review of micro
and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
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