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Canadian Flooring Market Report: Trends, Forecast and Competitive Analysis

April 2024 | 150 pages | ID: C16A8879CAF5EN
Lucintel

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Canadian Flooring Market Trends and Forecast

The future the Canadian flooring market looks promising with opportunities in the residential and non-residential sectors. The Canadian flooring market is expected t%li%reach an estimated $2.3 billion by 2030 with a CAGR of 4.4% from 2024 t%li%2030. The major drivers for this market are increasing residential construction and growth in renovation and remodeling activities.

Emerging trends, which have a direct impact on the dynamics of the market, include increasing adoption of loose-lay flooring, introduction of waterproofing vinyl flooring, and increasing adoption of loose-lay flooring.

A total of 46 figures/charts and 34 tables are provided in this 103 pages report t%li%help in your business decisions. Sample figures with some insights are shown below. T%li%learn the scope of, benefits, companies researched and other details of flooring market in the construction industry report download the report brochure.

Canadian Flooring Market by Segment

In this market, residential is the largest end use, whereas carpets and rugs is the largest in flooring type. Growth in various segments of the flooring market is given below:

The study includes a trend and forecast for the flooring market by flooring type and end use, as follows:

Flooring Market by Type [Value ($ Million) and Volume (Million Square Feet) from 2018 t%li%2030]:
  • Carpet and Rugs
  • Resilient Flooring
  • Vinyl
  • Others
  • Non-Resilient Flooring
  • Wood and Laminates
  • Ceramic Tiles
  • Others
Flooring Market by End Use [Value ($ Million) from 2018 t%li%2030]:
  • Residential
  • Non Residential
  • Healthcare
  • Education
  • Hospitality
  • Retail
  • Office
  • Others
List of Flooring Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies flooring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flooring companies profiled in this report includes.
  • Shaw industries
  • Armstrong Flooring
  • Mannington Mills, Inc.
  • Kraus Flooring
  • Breeze Wood Floors
  • Ottawa Flooring Center
  • Opus Floors Canada
Flooring Market Insights
      • Lucintel forecasts that resilient flooring is expected t%li%witness the highest growth over the forecast period due t%li%its minimal maintenance requirements and high durability.
    • Within the Canadian flooring market, residential will remain the largest end use market over the forecast period due t%li%growth in single and multi-family buildings.
Features of the flooring Market
  • Market Size Estimates: Canadian flooring market size estimation in terms of value ($M).
  • Trend and Forecast Analysis: Market trends (2018-20233) and forecast (2024-2030) by various segments.
  • Segmentation Analysis: Canadian flooring market size by various segments, such as type and end use.
  • Growth Opportunities: Analysis on growth opportunities in different type and end use for Canadian flooring market.
  • Strategic Analysis: This includes M&A and competitive landscape for the Canadian flooring.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ

Q1. What is the Canadianflooring market size?

Answer:The Canadian flooring market is expected t%li%reach an estimated $2.3 billion by 2030.

Q2. What is the growth forecast for Canadianflooring market?

Answer:The Canadian flooring market is expected t%li%grow at a CAGR of 4.4% from 2024 t%li%2030.

Q3. What are the major drivers influencing the growth of theCanadianflooring market?

Answer: The major drivers for this market are increasing residential construction and growth in renovation and remodeling activities.

Q4. What are the major applications or end use industries forCanadianflooring?

Answer:Residential and non-residential (healthcare, education, hospitality, offices, retail, and other) are the major end use for Canadian flooring.

Q5. What are the emerging trends inCanadianflooring market?

Answer:Emerging trends, which have a direct impact on the dynamics of the market, include increasing adoption of loose-lay flooring,introduction of rigid-core vinyl plank flooring technology, and introduction of waterproofing vinyl flooring.

Q6. Wh%li%are the key flooring companies?

Answer:Some of the key Canadian flooring companies are as follows:
  • Shaw industries
  • Armstrong Flooring
  • Mannington Mills, Inc.
  • Kraus Flooring
  • Breeze Wood Floors
Q7. Which will be the largest product type segment of the Canadian flooring marketin the forecast period?

Answer: Lucintel forecasts that resilient flooring is expected t%li%witness the highest growth over the forecast period due t%li%its minimal maintenance requirements and high durability.

Q8. D%li%we receive customization in this report?

Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 10 key questions

Q.1 What are some of the most promising, high-growth opportunities for the Canadian flooring market by end use (residential and non-residential (healthcare, education, hospitality, retail, office, and others)), and flooring type (carpets and rugs, resilient flooring (vinyl and others), and non-resilient (wood and laminates, ceramic tiles, and others))?

Q.2 Which segments will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the Canadian flooring market?

Q.5 What are the business risks and threats t%li%the Canadian flooring market?

Q.6 What are emerging trends in the Canadian flooring market and the reasons behind them?

Q.7 What are some changing demands of customers in the Canadian flooring market?

Q.8 What are the new developments in the Canadian flooring market? Which companies are leading these developments?

Q.9 Wh%li%are the major players in the Canadian flooring market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in the flooring market, and how big of a threat d%li%they pose for loss of market share via material or product substitution?

Q.11 What M&A activities did take place in the last five years in the flooring market?

For any questions related t%li%Canadian flooring market or related t%li%Canadian flooring companies, Canadian flooring market size, Canadian flooring market share, Canadian flooring analysis, write Lucintel analyst at email: [email protected]. We will be glad t%li%get back t%li%you soon.
1. EXECUTIVE SUMMARY

2. CANADIAN FLOORING MARKET BACKGROUND AND CLASSIFICATIONS

2.1 Introduction, Background, and Classifications
2.2 Supply Chain
2.3 Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030

3.1 Macroeconomic Trends and Forecast
3.2 Canadian Flooring Market Trends and Forecast
3.3 Canadian Flooring Market by Flooring Type
  3.3.1 Carpets and Rugs
  3.3.2 Resilient Flooring
    3.3.2.1 Vinyl
    3.2.2.2 Others
  3.3.3 Non-Resilient Flooring
    3.3.3.1 Wood and Laminates
    3.3.3.2 Ceramic Tiles
    3.3.3.3 Others
3.4 Canadian Flooring Market by End Use
  3.4.1 Residential
  3.4.2 Non-Residential (healthcare, education, hospitality, retail, office, and others)

4. COMPETITOR ANALYSIS

4.1 Product Portfolio Analysis
4.2 Porter’s Five Forces Analysis

5. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

5.1 Growth Opportunity Analysis
  5.1.1 Growth Opportunities for the Canadian Flooring Market by Flooring Type
  5.1.2 Growth Opportunities for the Canadian Flooring Market by End Use
5.2 Emerging Trends in the Canadian Flooring Market
5.3 Strategic Analysis
  5.3.1 New Product Development
  5.3.2 Mergers, Acquisitions, and Joint Ventures in the Canadian Flooring Market

6. COMPANY PROFILES OF LEADING PLAYERS

6.1 Shaw Industries, Inc.
6.2 Armstrong World Industries, Inc.
6.3 Mannington Mills, Inc.
6.4 Kraus Flooring
6.5 Breezewood Floors
6.6 Ottawa Flooring Center
6.7 Opus Floors Canada


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