Global Soft Covering Flooring Market Research Report - Forecast till 2027

Soft Covering Flooring Market Research Report: Information by Product (Carpet Tiles, and Broadloom), by Application (Residential and Commercial), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)  - Forecast till 2027

ID: MRFR/CO/6201-HCR | February 2021 | Region: Global | 100 pages

 Soft Covering Flooring Market Synopsis :  


Global Soft Covering Flooring Market has witnessed tremendous growth in the last few years, owing to the growing demand for green building materials coupled with an increase in the growth of the commercial replacement market. Manufacturers that specialize in producing soft covering flooring also offer a wide range of lightweight and recycled raw materials in the flooring industry. Moreover, the rapid expansion of tourism and hospitality industries coupled with the increasing construction of commercial and residential buildings in developing countries such as China, India, and South Korea, are further expected to drive the demand for soft covering flooring market. The growing research and development activities by the major manufactureres for innovative designs and service is projected to propel the demand for soft covering flooring market. However, fluctuating raw materials prices are likely to hinder the growth of the global soft covering flooring market.


Global Soft Covering Flooring Market: Regional Analysis


Geographically, the Global Soft Covering Flooring Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the world (RoW). In 2018, North America accounted for the largest market share of around 34%, followed by Europe and Asia-Pacific; it is anticipated to retain its position till 2024. However, Asia-Pacific is expected to witness maximum growth rate in the global soft covering flooring market, owing to the robust growth of the construction industry in emerging economies, such as South Korea, China, and India. This is further expected to increase the demand for soft covering flooring in the next few years.


Global Soft Covering Flooring Market: Segmentation


Global Soft Covering Flooring Market has been segmented based on Product, Application, and Region. On the basis of product, the market is divided into carpet tiles and broadloom. On the basis of application, the market is divided into residential and commercial. On the basis of product, the braodloom segment emerged as the largest segment, and is anticipated to retain its position till 2024. This can be attributed to the huge demand from applications such as hospitality spaces, educational & institutions, healthcare facilities, and airports, which in turn fuels the demand for soft covering flooring. This type of flooring are the most popular flooring products among both, customers and manufacturers. However, the carpet tiles segment is projected to witness the maximum growth rate over the forecast period. On the basis of application, the market is divided into residential and commercial segments. The residential application segment accounted for the largest market share in 2018, which will retain its position by 2024. This is attributed to the increasing demand for refurbishing and replacement activities, across the globe.


Key Players


Some of the key players operating in the global soft covering flooring market are Abbey Carpet & Floor (US), Beaulieu International Group (Belgium), Cargill, Incorporated (US), Bentley Mills, Inc. (US), The Dixie Group, Inc. (US), Engineered Floors LLC (US), Mannington Mills, Inc. (US), Milliken & Company (US), Mohawk Industries (US), Trinseo S.A. (US), and Interface, Inc. (US). The global soft covering flooring market is highly competitive with many players, across the globe. These major players have adopted various strategies to expand their global presence and increase their foothold in the global soft covering flooring market. Some of their key strategies include expansions, investments, acquisitions, and securing contracts.


Intended Audience



  • Raw Material Suppliers

  • End Users

  • Traders and Distributors

  • Regulatory Bodies



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   Substantial CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Technology, by Application, by Material
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Abbey Carpet & Floor (US), Beaulieu International Group (Belgium), Cargill, Incorporated (US), Bentley Mills, Inc. (US), The Dixie Group, Inc. (US), Engineered Floors LLC (US), Mannington Mills, Inc. (US), Milliken & Company (US), Mohawk Industries (US), Trinseo S.A. (US), and Interface, Inc. (US)
  Key Market Opportunities

  • Rapid urbanization
  • Unprecedented growth in the construction sector
  • Increase in focus on innovation in green construction materials
  •   Key Market Drivers

  • Rapid expansion of tourism and hospitality industries
  • Increasing construction of commercial and residential buildings in developing countrie


  • Frequently Asked Questions (FAQ) :


    North America would lead soft covering flooring market.

    Asia Pacific would be the fastest-growing soft covering flooring market.

    The broadloom segment would dominate soft covering flooring market.

    The residential segment would lead soft covering flooring market.

    The players are Beaulieu International Group (Belgium), Abbey Carpet & Floor (US), Bentley Mills, Inc. (US), Cargill, Incorporated (US), Engineered Floors LLC (US), The Dixie Group, Inc. (US), Milliken & Company (US), Mannington Mills, Inc. (US), Trinseo S.A. (US), Mohawk Industries (US), and Interface, Inc. (US).