Textile Floorings Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022 - 2027

Report Code: CMR 99103 Report Format: PDF + Excel

Textile Floorings Market Overview

Textile Floorings Market size is expected to reach a value of US$210 billion by the end of the year 2027 after growing at a CAGR of 6.4% during the forecast period from 2022-2027. Textile flooring is a new type of traditional flooring that includes carpet tile or broadloom carpet with textured patterns or a unique design. Textile flooring is a versatile material and a particularly strong solution for hospitals, higher education facilities, and gyms. Thus, the increase in demand for textile floorings is widely used in automobiles and buildings & construction due to unique characteristics such as static control, energy consideration, and recyclable which is one of the major factors driving the textile floorings industry growth. Textile floorings such as carpets or velvet carpeting and rugs are made of natural (plant or animal-based) and synthetic fibre (polyester). Carpets are used for the interior of cars as a seat cover and help to reduce vehicle weight which is creating an opportunity for the textile flooring industry growth. Textile floorings offer long-lasting durability, heat resistance, non-slip flooring, and resistant to abrasion, soiling, and fading caused by sunlight which makes them ideal for various end-use industries such as building & construction which, in turn, is driving the textile floorings market.

COVID-19 impact

With the Covid-19 pandemic taking a toll on businesses across the globe, the textile flooring market also faced challenges during the year 2020 and 2021. The operations activities of the buildings & construction market were closed which may hamper the market growth. Textile floorings are widely used in buildings, hotels, sports centers, and cars for the seat cover. But in lockdown, the total infrastructure and production activities were held which is creating a restraint for the market. According to the American Institute of Architects (AIA), construction spending on office buildings declined by over 9%, hotels investment declined by 20%, and amusement and recreation centers were down almost 13% in January 2021. According to the India Brand Equity Foundation (IBEF), construction sectors shrunk by 50.3% in Q1 2020. Therefore, India requires investment worth Rs 50 trillion (US$ 777.73 billion) in infrastructure by 2022 to have sustainable growth. However, the global textile floorings market size was hugely affected which is limiting the market growth.

Report Coverage

The report: “Textile Floorings Market – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Textile Floorings Industry.

By Material Type: Synthetic Based [Nylon (Polycaprolactam and Polyhexamethylene Adipamide), Polyester, Polytrimethylene Terephthalate, Polyolefin, and Acrylic], Natural Based (Wool, Cotton, Fur, and Jute) and Plant-Based (Seagrass, Coir, Linen, and Bamboo)

By Product Type: Carpets, Rugs, and Broadlooms

By Techniques: Weaving, Knitting, Needle-Tufting, and Others

By End-Use Industry: Building & Construction {Residential Buildings (Private Dwellings, Apartments, Row Houses, Others), Commercial Buildings [Office, Healthcare (Hospitals, Long Term Care Facilities, Diagnostic Centers), Concert Halls and Museums, Sports Arena (Gym, Training Centers, Others), Educational Institutes (Schools, Universities and Colleges, Research Centers)], Industrial Buildings (Production Space, Warehouse, Others)}, Automotive (Passenger Cars, Light Weight Commercial Vehicles, Heavy Weight Commercial Vehicles), Aerospace, and Others

Key Takeaways

  • The Asia Pacific held the largest share in the textile floorings market owing to the growing economy and various end-use industries such as automotive and building and construction.
  • According to the Federation of Automobile Dealers Associations (FADA), in India sales of passenger vehicles increased to 2,91,001 units in November 2020, compared with 2,79,365 units in November 2019.
  • Increasing adoption of synthetic fiber textile flooring in exterior and interior appliances at home due to excellent sound absorption property is estimated to boost the market size in near future.
  • Additionally, textile flooring includes carpets and rugs fabric that provides more comfort in comparison to other types of soft flooring materials such as linoleum which is estimated to create growth for the market.

Figure: Asia Pacific Textile Floorings Market, 2021-2027 (US$ Billion) 

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Textile Floorings Market Analysis – By Material Type

Synthetic-based held the largest share of more than 35% in the textile floorings market in the year 2021. Synthetic fiber is hypoallergenic and more resilient than natural fibers. Synthetic fibers such as nylon (66% in all carpets), acrylics (15%), polyester (>15%), and polypropylene (>5%) are used to make carpet yarns. Synthetic materials such as polypropylene robustly resist mold, mildew, stains, shedding, and water which makes them an ideal solution for outdoor carpets, rugs, and mats. Polypropylene rugs are abrasion resistant, mildew resistant, UV-resistant, quick-drying, and durable, thus it is the ideal solution for decorating kitchens, living rooms, entryways, and other heavy traffic areas. Polypropylene carpet & mats are best suited for light to medium commercial applications. Thus, growing development for flooring purposes is expected to foster the demand for synthetic fibers which, in turn, is estimated to market growth.

Textile Floorings Market Analysis – By Product Type

Carpet held the largest share of more than 40% in the textile floorings market in the year 2021. Carpet is made from natural and synthetic fibers which are used in wall coverings and floors. Carpets help to reduce noise and minimize heat loss through the floor. Carpet offers amazing softness, beauty to a room, comfortable to walk on, and a luxurious appearance. Carpet such as acrylic carpet fiber offers the appearance, has a low static level, and is mildew resistant. It is commonly used in velvet carpeting and level loop constructions. According to India Brand Equity Foundation (IBEF), The total carpet export stood at US$ 893.99 million between April-November 2020 and for handicrafts, excluding handmade carpets, it was US$ 989.92 million in 2020. Carpets are possessed various properties such as soil resistance, moisture resistant, flame resistance, heat resistance, sound absorption, and moisture absorbency which makes them the ideal product type of the textile floorings industry.

Textile Floorings Market Analysis – By Techniques

Needle tufting held the largest share of over 30% in the textile floorings market in the year 2021. Mohawk Industries Inc., Interface Inc., and other companies are using the needle tufting process to manufacture carpets. In this process, needles are used to insert the pile yarn into a carrier material. The tufting machine is passed backing cloths over a supporting perforated plate. Tufting involves stitching face yearns into a backing material with the multi-needed machine; thus, the majority of carpet is produced with the help of needle tufting techniques. Tufting techniques are provided the highest precision, process reliability, and high-performance with excellent durability. Thus, due to such factors needle tufting techniques are widely used to manufacture textile floorings.

Textile Floorings Market Analysis – By End-Use Industry

Building and construction held the largest share of more than 40% of the textile floorings market in the year 2021. Textile flooring such as carpet tile or velvet carpeting is designed to look natural which makes them ideal for office buildings, hotels, gyms, and other buildings. Textile floorings have various properties such as excellent durability, high mechanical strength, high wear resistance, and reduced maintenance costs when compared to true carpets. According to the U.S. Census Bureau, healthcare construction increased by 47,113 units in January 2021 compared to 46769 units in April 2020. According to the US Census Bureau, building permits in the United States increased 0.3 percent to an adjusted annual rate of 1.76 million in April 2021 from 1.75 million in March 2021. According to the US Census Bureau, new housing unit construction was 11,471 thousand units in 2019 in the United States, which reached 3,642 units in 2020. According to the Federal National Mortgage Association, housing starts were expected to jump with 1 million new homes in 2021. Thus, the growing building & construction sector is estimated to fuel the demand for textile flooring.

Textile Floorings Market Analysis – By Geography

The Asia Pacific held the largest share of more than 33% in the textile floorings market honeycomb size in the year 2021, due to the increasing demand from various end-use industries such as building & construction in Asian countries such as India and China are estimated to grow the demand for textile floorings. According to the National Bureau of Statistics, China's real estate market investment jumped from 15.7% in 2019 to 38.3% in January-February 2021. According to International Trade Administration (ITA), the construction value of China stood at US$ 893.58 in 2018 and US$ 968.06 in 2019. According to the National Development and Reform Commission (NDRC), 14 construction investment projects were approved worth CNY177.8 billion (US$25.2 billion), following approvals of CNY68.9 billion (US$10.1 billion) in August 2020. According to Central Sanctioning and Monitoring Committee (CSMC), 1,68,606 new homes were approved to construct in urban areas under Pradhan Mantri Awas Yojana in 2021 in India.  According to the India Brand Equity Foundation (IBEF), the real estate sector of India will grow US$ 1 trillion by 2030 and Rs. 65,000 crore (US$ 9.30 billion) by 2040. Hence, these are hugely creating an opportunity for market growth in the region.

Textile Floorings Market Drivers      

Growing Investments in Infrastructural Developments

Textile floorings such as velvet carpeting are used inside buildings. Textile flooring such as carpets (made by synthetic fibers) has sound absorption and is used to prevent the production of static electricity. Textile flooring also offers high abrasion resistance, excellent resiliency, high dimensional stability, easy to clean, and flame retardant which makes them an ideal solution for hotels, hospitals, and other commercial buildings. According to India Brand Equity Foundation (IBEF), in 2019 Puravankara realty firm limited plans to invest Rs 850 crore to build 3 luxury housing projects in Bengaluru, Chennai, Mumbai over the next 4 years. According to the India Brand Equity Foundation (IBEF), the warehouse attracted private equity investments of US$ 971 million in 2020. the market of Indian green buildings is expected to reach around 10 billion sq ft by 2022 worth US$ 35 billion to US$ 50 billion. According to China Electronic Information Industry Development (CCID), the country is expected to spend CNY10 trillion (US$1.4 trillion) on new infrastructure projects between FY20-FY25. In September 2020, Mitsubishi Estate Co. announced that it plans to finish work on Japan's tallest building 390 meters with 63 floors in a redeveloped district near Tokyo Station in the fiscal year 2027. This will further drive the textile flooring industry.

Increasing Demand from Automotive Industry

Textile floorings are widely used in the automotive industry to reduce vehicle weight for cutting down CO2 emissions and achieving better fuel efficiency. Textiles have also come up with a solution such as tire reinforcement, acoustics protection, gas, and air filtration. Thus, textile floorings are used in the interior of cars such as seat cover, air ducts, timing belts, air filters, non-woven for engine sound isolation which have increased the number of textiles in an automobile. According to the International Organization of Motor Vehicle Manufacturers (OICA), global vehicle production increased by 21.08 million in January-march 2021 compared to 18.03 million in January-March 2020. According to the India Brand Equity Foundation (IBEF), the Indian Government expects the automotive sector to attract US$ 8 billion to US$10 billion in local and foreign investments by 2023. According to the International Trade Administration (ITA), the Chinese government expected to run the production of automobiles with 35 million units by 2025. According to the European Automobile Manufacturer Association (ACEA), the automotive sector is a major investor in R&D in Europe, which has increased by 6.7% to reach €57.4 billion (US$ 64.25 billion) annually as of 2019. In 2020, according to the European Automobile Manufacturers Association (ACEA), automobile manufacturers operate some 226-vehicle assembly and production plants in the European Union. Hence, the globally increased automotive industry is estimated to boost the consumption of the textile flooring market.

Textile Floorings Market Challenges

Carpet Floorings more Expensive as compared to Luxury Vinyl Floorings

Carpet textile flooring is widely used in buildings and vehicles. But during installation, the costs of carpet tiles are more than luxury vinyl floors. Luxury vinyl floorings are easier to clean, nonporous, and can withstand high traffic well as compared to carpet tiles. Thus, it is becoming a preferred alternative to carpet floorings. The cost of carpet tiles is on average US$3 to US$4 per square foot which is the tent to be increased to US$4.50 to US$ 5.50 per square foot during installation. And the installation cost of luxury vinyl is US$2- US$5 per square. Hence, the cost of luxury vinyl flooring is less expensive compared to carpet floorings. This is one of the major challenges faced by the textile floorings industry.

Textile Floorings Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Textile Floorings Market. Major players in the Textile Floorings Market are;

  1. Mohawk Industries, Inc.
  2. Shaw Industries Group Inc.
  3. Forbo Holding AG
  4. Balta Group
  5. Interface, Inc.
  6. Beaulieu International Group N.V.
  7. Tarkett SA
  8. Mannington Mills, Inc.
  9. J and J Flooring Group
  10. Vorwerk and Co. KG, and more.

Recent Developments

  • In November 2019, Shaw Industries Group, Inc. has launched a new soft floor covering designed for people and the planet at Greenbuild. The product is known as COMFOR3T which can be reused multiple times and once it’s ready for replacement, it is 100% recyclable.
  • In January 2019, Beaulieu Fibres International has launched its new UltraBond. It opens up a new path for 100% polypropylene needle punch carpets with various functional properties such as UV resistance, pilling resistance, resistance to wear, and abrasion.

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1. Textile Floorings Market- Market Overview
    1.1 Definitions and Scope 
2. Textile Floorings Market - Executive Summary
    2.1 Key Trends by Material Type
    2.2 Key Trends by Product Type
    2.3 Key Trends by Techniques
    2.4 Key Trends by End Use Industry
    2.5 Key Trends by Geography
3. Textile Floorings Market – Comparative analysis 
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Textile Floorings Market - Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Textile Floorings Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Textile Floorings Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes 
7. Textile Floorings Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies 
8. Textile Floorings Market – By Material Type (Market Size -$Million/Billion)
    8.1 Synthetic Based
        8.1.1 Nylon
            8.1.1.1 Polycaprolactam
            8.1.1.2 Polyhexamethylene Adipamide
        8.1.2 Polyester
        8.1.3 Polytrimethylene Terephthalate
        8.1.4 Polyolefin
        8.1.5 Acrylic
    8.2 Natural Based
        8.2.1 Wool
        8.2.2 Cotton
        8.2.3 Fur
        8.2.4 Jute
    8.3 Plant-Based
        8.3.1 Seagrass
        8.3.2 Coir
        8.3.3 Linen
        8.3.4 Bamboo
9. Textile Floorings Market – By Product Type (Market Size -$Million/Billion)
    9.1 Carpets
    9.2 Rugs
    9.3 Broadlooms
10. Textile Floorings Market – By Techniques (Market Size -$Million/Billion)
    10.1 Weaving
    10.2 Knitting
    10.3 Needle-Tufting
    10.4 Others
11. Textile Floorings Market - By End-Use Industry (Market Size -$Million/Billion)
    11.1 Building & Construction
        11.1.1 Residential Buildings
            11.1.1.1 Private Dwellings
            11.1.1.2 Apartments
            11.1.1.3 Row Houses
            11.1.1.4 Others
        11.1.2 Commercial Buildings
            11.1.2.1 Office
            11.1.2.2 Healthcare
                11.1.2.2.1 Hospitals
                11.1.2.2.2 Long Term Care Facilities
                11.1.2.2.3 Diagnostic Centers
                11.1.2.2.4 Others
            11.1.2.3 Concert Halls and Museums
            11.1.2.4 Sports Arena
                11.1.2.4.1 Gym
                11.1.2.4.2 Training Centers
                11.1.2.4.3 Others
            11.1.2.5 Educational Institutes
                11.1.2.5.1 Schools
                11.1.2.5.2 Universities and Colleges
                11.1.2.5.3 Research Centers
        11.1.3 Industrial Buildings
            11.1.3.1 Production Space
            11.1.3.2 Warehouse
            11.1.3.3 Others
    11.2 Automotive
        11.2.1 Passenger Cars
        11.2.2 Light Weight Commercial Vehicles
        11.2.3 Heavy Weight Commercial Vehicles
    11.3 Aerospace
    11.4 Others
12. Textile Floorings Market - By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 USA
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 UK
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Netherlands
        12.2.6 Spain
        12.2.7 Russia
        12.2.8 Belgium
        12.2.9 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 India
        12.3.4 South Korea
        12.3.5 Australia and New Zeeland
        12.3.6 Indonesia
        12.3.7 Taiwan
        12.3.8 Malaysia
        12.3.9 Rest of APAC
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Colombia
        12.4.4 Chile
        12.4.5 Rest of South America
    12.5 Rest of the World
        12.5.1 Middle East
            12.5.1.1 Saudi Arabia
            12.5.1.2 UAE
            12.5.1.3 Israel
            12.5.1.4 Rest of the Middle East
        12.5.2 Africa
            12.5.2.1 South Africa
            12.5.2.2 Nigeria
            12.5.2.3 Rest of Africa
13. Textile Floorings Market – Entropy
    13.1 New Product Launches
    13.2 M&As, Collaborations, JVs and Partnerships
14. Textile Floorings Market – Industry/Segment Competition Landscape Premium
    14.1 Company Benchmarking- Major Companies
    14.2 Market Share at Global Level - Major companies
    14.3 Market Share by Key Region - Major companies
    14.4 Market Share by Key Country - Major companies
    14.5 Market Share by Key End Use Industry - Major companies
    14.6 Market Share by Key Product Type/Product category - Major companies
15. Textile Floorings Market – Key Company List by Country Premium Premium
16. Textile Floorings Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Textile Floorings Market Size 2018
2 Canada Textile Floorings Market Share 2018
3 Brazil Textile Floorings Market Outlook 2019 - 2023
4 Mexico Textile Floorings Market Research 2018
5 Germany Textile Floorings Market Trends 2019 - 2023 
6 France Textile Floorings Market Growth 2019 - 2023 
7 UK Textile Floorings Market Demand 2019 - 2023 
8 Italy Textile Floorings Market Segmentation 2018
9 Russia Textile Floorings Market Analysis 2019 - 2023
10 China Textile Floorings Market Revenue 2019 - 2023
11 Japan Textile Floorings Market Volume 2019 - 2023
12 South Korea Textile Floorings Market Potential 2019 - 2023
13 India Textile Floorings Market Leaders 2018
14 Saudi Arabia Textile Floorings Market Forecast 2019 - 2023 
15 Kuwait Textile Floorings Market Value 2018

List of Figures

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