United Kingdom Resilient Floor Covering - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

United Kingdom Resilient Floor Covering - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

The United Kingdom Resilient Floor Covering Market size in terms of Greater Than-3 is expected to grow from USD 600.49 million in 2024 to USD 696.13 million by 2029, at a CAGR of greater than 3% during the forecast period (2024-2029).

Resilient flooring manufacturers use a range of feedstock materials to make their products: from synthetic petrochemical-based polymers, including vinyl, rubber, and polyolefin, to natural materials, such as natural rubber and linoleum. In the United Kingdom, resilient floor covering is one of the fastest-growing markets, and the demand for resilient flooring demand was more than 33.5 million square meters during the previous year. Technological improvements drove the rapid adoption of vinyl floors, replacing linoleum as the predominant resilient floor covering in residential and commercial applications.

Vinyl floor covering was marketed and positioned as a modern material and became an appropriate choice for the emerging technologically sophisticated modern buildings. Through the adoption of emerging technology and innovation, the leading manufacturers of resilient flooring products are focusing on developing unique processes to recycle their production waste back into their manufacturing process to reduce the damage caused to the environment. The changing lifestyles and home decor preferences are the trends that are driving the resilient floor-covering market across the country.

UK Resilient Floor Covering Market Trends

Commercial End-User Segment is Forecasted to Grab a Major Share of the Market

The resilient floor covering market can be broadly categorized as the residential and commercial end-user. The residential segment has grabbed the major share of the market during the study period. However, the strengthening tourism and hospitality industry in the region is driving the construction of new hotels, restaurants, premium villas, and guest houses. Resilient floor coverings offer enhanced aesthetically pleasing appearances. These also offer high abrasion and resistance, long durability, and come at low prices, making them more suitable for the hospitality industry. The urbanization and the expanding business segments across Europe are also forecasted to increase the construction of new office buildings in the region.

Increase in Floor Covering Market

It is expected that the vinyl floor covering segment, which accounts for a large part of the resilient flooring market, will continue to perform better than all other product segments. Even though the residential share is comparatively less than the commercial segment of the market, it is slowly experiencing a solid growth rate, especially the luxury vinyl tiles, which are grabbing more customer attention and are expanding the scope of resilient floor coverings in the residential segment in the United Kingdom.

UK Resilient Floor Covering Industry Overview

The United Kingdom resilient floor covering market is fragmented. Major international players active in the resilient floor-covering market in the United Kingdom are covered in this report. Regarding market share, Tarkett S.A., Forbo Flooring Systems, Gerflor Ltd., Nora Systems GmbH, and Polyflor Ltd are the main players that have been dominating this market for some time now. Nevertheless, small to medium-sized companies are gaining market share through securing new contracts and entering new markets as a result of technological advances and innovation in their products.

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