The Impact of COVID-19 is included in the Flooring Market in Canada. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
The flooring market in Canada has witnessed significant growth in recent years due to the country's booming construction industry, increasing urbanization, and growing renovation and remodeling activities. Flooring plays a crucial role in enhancing the aesthetics and functionality of residential, commercial, and industrial spaces. This report provides an in-depth analysis of the flooring market in Canada, including its current trends, market size, key players, and future outlook.
Market Overview of Canadian Flooring Market
According to Lucintel, the flooring market in Canada is a dynamic and competitive industry that encompasses a wide range of materials, including hardwood, laminate, vinyl, carpet, and ceramic tiles. The market is driven by factors such as the construction of new residential and commercial buildings, the replacement and renovation of existing flooring, and the increasing demand for sustainable and eco-friendly flooring options.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below.
Trends and Forecasts for Flooring Market in Canada: 2017-2028 (US $M)
(Randomized Data)
Flooring Market in Canada by Segment: 2017-2028 (US $M)
(Randomized Data)
Market Analysis of Flooring Market in Canada
The Canadian flooring market is highly competitive, with several key players dominating the industry. The market is characterized by both domestic and international manufacturers, each offering a wide range of flooring options to meet consumer demands. Key factors driving market growth include new construction projects, renovation activities, rising disposable income, and evolving consumer preferences for aesthetically appealing and durable flooring solutions.
One of the significant drivers of market growth is the construction industry in Canada. The demand for flooring materials is directly influenced by residential and commercial construction activities in Canada. As the housing market remains robust and commercial developments continue to rise, the need for high-quality flooring solutions increases.
Additionally, changing consumer preferences and interior design trends also drive the flooring market in Canada. Consumers are increasingly inclined towards flooring materials that offer a combination of style, durability, and sustainability. This has led to the rise in popularity of eco-friendly flooring options, such as bamboo, cork, and reclaimed wood, which align with the growing emphasis on environmental consciousness.
Flooring Market in Canada by Segment
The study includes market size and forecast for the flooring market in Canada through 2028, segmented by end use and flooring type as follows:
Flooring Market by End Use [Value ($ Billion) from 2017 to 2028]:
-
Residential
-
Non Residential
-
Healthcare
-
Education
-
Hospitality
-
Retail
-
Office
-
Others
Flooring Market by Flooring Type [Value ($ Billion) and Volume (Billion Square Feet) from 2017 to 2028]:
-
Carpet and Rug
-
Resilient Flooring
-
Vinyl and Others
-
Non-Resilient Flooring
-
Ceramic Tiles
-
Wood and Laminate
Key Players of Canadian Flooring Market
The Canadian flooring market comprises several key players who are actively involved in manufacturing, distribution, and marketing of flooring products. Some of the prominent companies in the market include:
-
Shaw Industries Group, Inc.: Shaw Industries is a leading flooring manufacturer offering a wide range of flooring options, including carpet, hardwood, laminate, luxury vinyl, and tile. The company is known for its innovative designs, high-quality products, and commitment to sustainability.
-
Mohawk Industries, Inc.: Mohawk Industries is a global flooring company with a significant presence in the Canadian market. The company offers a diverse portfolio of flooring solutions, including carpet, hardwood, laminate, luxury vinyl, and tile. Mohawk focuses on delivering products that combine style, performance, and sustainability.
-
Armstrong Flooring, Inc.: Armstrong Flooring is a leading manufacturer of resilient flooring products, including vinyl sheet, luxury vinyl tile, and vinyl plank flooring. The company offers a wide range of designs and styles to cater to residential and commercial applications.
-
Tarkett Group: Tarkett is a global flooring solutions provider with a strong presence in the Canadian market. The company offers a wide range of flooring options, including vinyl, laminate, hardwood, and carpet. Tarkett emphasizes sustainable practices and offers eco-friendly flooring solutions.
Features of the Flooring Market in Canada
Some of the features of “Opportunities for the Flooring Market in Canada 2017-2028: Trends, Forecast and Competitive Analysis” include:
-
Market size estimates: Flooring market size estimation in terms of value ($B) and volume (Billion Square Feet) shipment.
-
Trend and forecast analysis: Market trend (2017-2022) and forecast (2023-2028) by end use and use industry.
-
Segmentation analysis: Flooring market size by end use, and flooring in terms of value and volume shipment.
-
Growth opportunities: Analysis on growth opportunities in different end use, and flooring type in the flooring market.
-
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Frequently Asked Questions (FAQ)
Q1: What is the current size of the Flooring market in the Canada?
Answer: To know market size (trends and forecasts), market share, regional insights, drivers and challenges for the Canadian flooring market contact us at +1 972 636 5056 or write us at helpdesk@lucintel.com.
Q2: Who are the key players in the Canadian flooring market?
Answer: Key players such as Shaw Industries Group, Mohawk Industries, Armstrong Flooring, and Tarkett Group are leading the Canadian flooring market with their diverse flooring offerings and commitment to sustainability.
Q3: What factors are driving the growth of the Canadian flooring market?
Answer: The flooring market in Canada is experiencing significant growth driven by construction activities, renovation trends, and evolving consumer preferences.
This report addresses the following 7 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the flooring market in Canada by end use (residential, healthcare, education, hospitality, retail, office, others) and flooring type (Carpets and rugs, resilient flooring, and non-resilient)?
Q.2. Which product segment will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this flooring (flooring market, flooring industry, flooring market overview, hardwood flooring market, commercial flooring market, carpet flooring market, solid wood flooring market, laminate flooring market, wood flooring market) market?
Q.4. What are the business risks and competitive threats in this flooring (flooring market, flooring industry, flooring market overview, hardwood flooring market, commercial flooring market, carpet flooring market, solid wood flooring market, laminate flooring market, wood flooring market) market?
Q.5. What are the emerging trends in this flooring (flooring market, flooring industry, flooring market overview, hardwood flooring market, commercial flooring market, carpet flooring market, solid wood flooring market, laminate flooring market, wood flooring market) market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the flooring (flooring market, flooring industry, flooring market overview, hardwood flooring market, commercial flooring market, carpet flooring market, solid wood flooring market, laminate flooring market, wood flooring market) market?
Q.7. What are the new developments in the flooring (flooring market, flooring industry, flooring market overview, hardwood flooring market, commercial flooring market, carpet flooring market, solid wood flooring market, laminate flooring market, wood flooring market) market and which companies are leading these developments?
Related Reports
Opportunities for the Flooring Market in Japan
Opportunities for the Flooring Market in the United States
Opportunities for the Flooring Market in China
Opportunities for the Flooring Market in Germany
Opportunities for the Flooring Market in Spain
Opportunities for the Flooring Market in India
Opportunities for the Flooring Market in France