Australia Flooring Market Research Report, 2027

Australia Flooring Market Research Report, 2027

Actual Market Research 29-06-2022 51 Pages Figures : 6 Tables : 14 Region : Asia-Pacific Country : Australia Category : Manufacturing & Industry Construction & Building Materials

Flooring is gaining popularity rapidly due to an increase in industrialization and the construction of buildings. The demand for flooring has hiked so high that all the demand for flooring like tiles and marbles has surged. It contributes to the country’s GDP. Australia imports the tile and marble from other countries. Some of the key factors in flooring are quality, versatility and design options; the infrastructure of tile; transportation, logistics and pricing. Most of the tiles that are imported are used for residential and commercial purposes. They can be used for high foot traffic as well as high moisture-prone areas. They come in all colours, shapes, sizes, and designs and they are specifically made for the Australian market. The tiles and marbles used have got high-end infrastructure powered by the latest machines that produce amazing tiles. There is a series of tests that these tiles have to go through and, hence, the end product complies with the international design and manufacturing standards. The most in-demand flooring in Australia is ceramic tile flooring. These can be seen through the tough test of time and weather’s harshness. Whether it is moisture, harsh sun or cold, you can rest assured that these tiles will last for many years to come. According to the research report, "Australia Flooring Market Outlook, 2027" published by Actual Market Research, the flooring market is anticipated to grow at a 5.87% CAGR in terms of value during this forecasted period. Growing investment by major market players in the research and development of flooring has impacted the market's growth. Different types of flooring markets have gained market share in every region except Australia. The majority of companies manufacture these products for residential use, both non-resilient and resilient. Resilient housing is in demand and construction has surged. They want both the exterior and interior to be designed. This has led to demand and fuelled market growth. Others are carpets and rugs and non-resilient. They also have huge demand. The market is expected to grow rapidly because there is a continuous increase in construction of buildings, malls, and corporate institutions. As a result, market growth will increase. When the houses are built near the seacoast, then wood flooring is used in most. Wood flooring is also famous and has huge demand. For flooring using wood, Silvertop ash is the largest hardwood and is most commonly used for construction and flooring as well. Other well-known types of wood flooring include oak flooring, maple flooring, and cherry flooring, which are slightly more expensive. which is hardwood sawn wood, It is basically used for durability and appearance. Carpets and rugs also have huge demand. It is used for both residential and commercial purposes. The most popular for carpets and rugs is nylon carpet. The other carpets are wool, synthetic, and triexta. It is used majorly for decorative purposes in houses and also for interior and exterior design. Therefore, it has a huge market and is contributing to the GDP of Australia. Flooring is categorised into material type and end use in the market. For material type, it is segmented into resilient, non-resilient, and carpet and rugs. Resilient has different types of flooring, and those are vinyl flooring, rubber flooring, and linoleum flooring. The most popular is vinyl flooring. This is due to its durability and ease of maintenance. They are also less expensive. In Australia, it is known to be the most demanded and in most houses, they have installed these tiles. The market value has also increased. It is expected to exceed USD 1.00 billion by the end of the forecast period. Non-resilient flooring has many different types; those are ceramic tile, wood flooring, laminate flooring, stone flooring, and terrazzo flooring. These types of flooring and tiles have been installed in Australia. Considered in this report: • Geography: Australia Flooring market • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecasted year: 2027 Aspects covered in this report: •Australia Flooring Market with its value and forecast along with its segments • Application wise flooring market distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By material flooring material type in the report: • Resilient Flooring (Vinyl & Others include Cork, linoleum, rubber, resin) • Non-resilient flooring (Ceramic, wood, laminate, stone, terrazzo & other include bamboo) • Carpet and Rugs End use of flooring market in the report: • Residential • Commercial • Industrial The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flooring industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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