Flooring Market by Product and Application - Global Industry Analysis and Forecast to 2027
Published On : September 2017 Pages : 94 Category: Construction & Building Materials Report Code : HI09218
Industry Trend Analysis
The Flooring market was valued around USD 250.12 billion in 2017 and is expected to reach roughly USD 435.67 billion by the end of 2027 while registering itself at a compound annual growth rate (CAGR) of 6.36% during the forecast period, owing to the new trends and innovations in construction solutions and floor designs. The flooring market is extremely competitive with several players presenting a range of flooring solutions around commercial, residential, industrial and other segments. The floor coating industry is being flooded by new styling trends and technological advancements. Lately, end users have been diverting from conventional flooring solutions to eco-friendly and more cost efficient flooring materials like linoleum, cork, bamboo, Polyester (P.E.T) Berber, glass, reclaimed hardwood and rubber. Moreover, rising demand in the construction business along with altering customer lifestyles and increasing demand for insulating materials are likely to drive the global flooring market. Accessibility of ground-breaking construction solutions that are long-lasting and need low maintenance is predicted to strike the market positively. However, a key determining factor for the achievement of flooring solutions is customer awareness and keenness of using the invention. Also, alleged complexity with respect to installation of flooring, they are considered as luxurious and expensive, which could present a challenge to the global market. Rising concern over ecological impact is projected to considerably affect the textile flooring market worldwide. For example, carpets are processed with toxic chemicals for mothproofing and to keep away soil and moisture, which might cause numerous health issues.
Product Outlook and Trend Analysis
The product section is largely categorized into 4 types involving resilient flooring, seamless flooring, non-resilient flooring and soft coverings. Soft coverings are also referred as fabric coverings, and primarily comprise carpets and rugs. This segment conquered the market and described for around 50% of the total market share in 2017. These coverings render numerous benefits such as dust-binding characteristics, noise-reducing effect and also are referred to be excellent insulators furnishing pleasing, comfort as well as warm aesthetics. Resilient flooring is a combination of fillers, color, and binders. Resilient flooring types include wood, cork, rubber, linoleum, asphalt, and vinyl; these are cost effective, durable and need low maintenance. Non-resilient flooring embraces clay tile, ceramic tile, concrete tile, brick, and terrazzo stone. These floors usually withstand several conditions and need only dusting and mopping.
Application Outlook and Trend Analysis
Flooring solutions are employed in commercial, industrial, and residential applications. Due to increasing demand from the construction market and amplified home renovation and improvement projects, the flooring products market for residential applications is anticipated to experience growth over the forecast years. Additionally, increase in demand for flooring solutions all over the residential section could be assigned with changing customer lifestyle and amplified disposable earnings. Commercial applications involve hospitality and leisure, healthcare, corporate, retail, education, sports and other. Growing demand in the construction business is projected to be the major driving factor for the global market over the next few years. Industrial applications comprise manufacturing plants, automotive industry, refineries, aviation hangars, etc.
Regional Outlook and Trend Analysis
Asia Pacific region is anticipated to witness considerable market growth owing to developing infrastructure amenities and rising real-estate industry. Furthermore, the region is projected to witness amplified demand for non-residential and residential building places, which can be credited to the urbanization and population growth. The region described for around 40% of the total market share in 2017. Europe region is also anticipated to witness extensive augment in market demand during the forecast period. This can be credited to the availability of easy installation techniques and ground-breaking construction solutions.
Competitive Outlook and Trend Analysis
Raw material providers, producers, and distributors are major participants in the market value chain. Key companies in the global flooring market include Mohawk, Mannington Mills Inc., Gerflor, Shaw Floors, and Armstrong. The global market is considerably consolidated with extreme competition; technological advancement is expected to be a crucial point for market growth over the forecast years.
The flooring market is segmented as follows –
By Product
- Carpets & Rugs
- Wood
- Resilient
- Tiles
- Other Products
By Application
- Commercial
- Industrial
- Residential
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2022 to 2027?
- What will be the industry market growth from 2022 to 2027?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
- Flooring Marke, By Product, Estimates and Forecast, 2017-2027 ($Million)
- Carpets & Rugs
- Wood
- Resilient
- Tiles
- Other Products
- Flooring Marke, By Application, Estimates and Forecast, 2017-2027 ($Million)
- Commercial
- Industrial
- residential
- Flooring Marke, By Region, Estimates and Forecast, 2017-2027 ($Million)
- North America
- North America Flooring Marke, By Country
- North America Flooring Marke, By Product
- North America Flooring Marke, By Application
- U.S. Flooring Marke, By Product
- U.S. Flooring Marke, By Application
- Canada Flooring Marke, By Product
- Canada Flooring Marke, By Application
- Mexico Flooring Marke, By Product
- Mexico Flooring Marke, By Application
-
- Europe
- Europe Flooring Marke, By Country
- Europe Flooring Marke, By Product
- Europe Flooring Marke, By Application
- Germany Flooring Marke, By Product
- Germany Flooring Marke, By Application
- France Flooring Marke, By Product
- France Flooring Marke, By Application
- UK Flooring Marke, By Product
- UK Flooring Marke, By Application
- Italy Flooring Marke, By Product
- Italy Flooring Marke, By Application
- Spain Flooring Marke, By Product
- Spain Flooring Marke, By Application
- Rest of Europe Flooring Marke, By Product
- Rest of Europe Flooring Marke, By Application
-
- Asia-Pacific
- Asia-Pacific Flooring Marke, By Country
- Asia-Pacific Flooring Marke, By Product
- Asia-Pacific Flooring Marke, By Application
- Japan Flooring Marke, By Product
- Japan Flooring Marke, By Application
- Australia Flooring Marke, By Product
- Australia Flooring Marke, By Application
- India Flooring Marke, By Product
- India Flooring Marke, By Application
- South Korea Flooring Marke, By Product
- South Korea Flooring Marke, By Application
- Rest of Asia-Pacific Flooring Marke, By Product
- Rest of Asia-Pacific Flooring Marke, By Application
- Asia-Pacific
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- Rest of the World
- Rest of the World Flooring Marke, By Country
- Rest of the World Flooring Marke, By Product
- Rest of the World Flooring Marke, By Application
- Brazil Flooring Marke, By Product
- Brazil Flooring Marke, By Application
- South Africa Flooring Marke, By Product
- South Africa Flooring Marke, By Application
- Saudi Arabia Flooring Marke, By Product
- Saudi Arabia Flooring Marke, By Application
- Turkey Flooring Marke, By Product
- Turkey Flooring Marke, By Application
- United Arab Emirates Flooring Marke, By Product
- United Arab Emirates Flooring Marke, By Application
- Others Flooring Marke, By Product
- Others Flooring Marke, By Application
- Rest of the World
Table of Contents
1.Introduction
1.1.Report Description
1.2.Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2.Executive Summary
2.1.Key Highlights
3.Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Growing demand for insulation
3.3.1.2.Rising Industrialization
3.3.1.3.Growing Investments in Construction Industry
3.3.2. Restraints
3.3.2.1.Environmental concerns
3.3.2.2.Lack of awareness
3.3.3. Opportunities
3.3.3.1.Technological advancement in Cleaning of Floor Covering
3.4.Industry Trends
4.Flooring Market, By Product
4.1.Introduction
4.2.Flooring Market Assessment and Forecast, By Product, 2017-2027
4.3.Carpets & Rugs
4.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.4.Wood
4.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.5.Resilient
4.5.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.6.Tiles
4.6.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.7.Other Products
4.7.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.Flooring Market, By Application
5.1.Introduction
5.2.Flooring Market Assessment and Forecast, By Application, 2017-2027
5.3.Commercial
5.3.1.1.Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.4.Industrial
5.4.1.1.Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.5.Residential
5.5.1.1.Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6.Flooring Market, By Region
6.1.Introduction
6.2.Flooring Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6.3.North America
6.3.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.3.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.3.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.3.3.1.U.S.
6.3.3.1.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.3.3.1.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.3.3.2.Canada
6.3.3.2.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.3.3.2.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.3.3.3.Mexico
6.3.3.3.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.3.3.3.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.Europe
6.4.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.4.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.1.Germany
6.4.3.1.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.1.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.2.France
6.4.3.2.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.2.2.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.3.UK
6.4.3.3.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.3.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.4.Italy
6.4.3.4.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.4.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.5.Spain
6.4.3.5.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.5.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.6.Russia
6.4.3.6.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.6.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.7.Rest of Europe
6.4.3.7.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.4.3.7.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.5.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.1.Japan
6.5.3.1.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3.1.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.2.China
6.5.3.2.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3.2.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.3.Australia
6.5.3.3.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3.3.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.4.India
6.5.3.4.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3.4.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.5.South Korea
6.5.3.5.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3.5.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.6.Taiwan
6.5.3.6.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3.6.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.7.Rest of Asia-Pacific
6.5.3.7.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.5.3.7.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.6.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.1.Brazil
6.6.3.1.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.6.3.1.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.2.Turkey
6.6.3.2.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.6.3.2.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.3.Saudi Arabia
6.6.3.3.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.6.3.3.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.4.South Africa
6.6.3.4.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.6.3.4.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.5.United Arab Emirates
6.6.3.5.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.6.3.5.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.6.Others
6.6.3.6.1.Market Assessment and Forecast, By Product, 2017-2027 ($Million)
6.6.3.6.2.Market Assessment and Forecast, By Application, 2017-2027 ($Million)
7.Company Profiles
7.1.Armstrong
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2.Forbo
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3.RPM International Inc.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4.Amtico
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.5.Interface Global
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Key Financials
7.5.4. Strategic Developments
7.6.Gerflor
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7.IVC Group
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8.Mannington Mills Inc.
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.9.Mohawk Industries
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.10.Polyflor Ltd
7.10.1.Business Overview
7.10.2.Product Portfolio
7.10.3.Strategic Developments
7.11.Pergo
7.11.1.Business Overview
7.11.2.Product Portfolio
7.11.3.Strategic Developments
7.12.Shaw Floors
7.12.1.Business Overview
7.12.2.Product Portfolio
7.12.3.Strategic Developments
7.13.Congoleum
7.13.1.Business Overview
7.13.2.Product Portfolio
7.13.3.Strategic Developments
7.14.Marazzi Group
7.14.1.Business Overview
7.14.2.Product Portfolio
7.14.3.Strategic Developments
7.15.Tarkett
7.15.1.Business Overview
7.15.2.Product Portfolio
7.15.3.Strategic Developments
List of Tables
Table 1.Flooring Market, By Product ($Million), 2017-2025
Table 2.Carpets & Rugs Market, By Region ($Million), 2017-2025
Table 3.Wood Market, By Region ($Million), 2017-2025
Table 4.Resilient Market, By Region ($Million), 2017-2025
Table 5.Tiles Market, By Region ($Million), 2017-2025
Table 6.Other Products Market, By Region ($Million), 2017-2025
Table 7.Flooring Market, By Application ($Million), 2017-2025
Table 8.Commercial Market, By Region ($Million), 2017-2025
Table 9.Industrial Market, By Region ($Million), 2017-2025
Table 10.Residential Market, By Region ($Million), 2017-2025
Table 11.Flooring Market, By Region ($Million), 2017-2025
Table 12.North America Flooring Market, By Country, 2017-2025 ($Million)
Table 13.North America Flooring Market, By Product, 2017-2025 ($Million)
Table 14.North America Flooring Market, By Application, 2017-2025 ($Million)
Table 15.U.S. Flooring Market, By Product, 2017-2025 ($Million)
Table 16.U.S. Flooring Market, By Application, 2017-2025 ($Million)
Table 17.Canada Flooring Market, By Product, 2017-2025 ($Million)
Table 18.Canada Flooring Market, By Application, 2017-2025 ($Million)
Table 19.Mexico Flooring Market, By Product, 2017-2025 ($Million)
Table 20.Mexico Flooring Market, By Application, 2017-2025 ($Million)
Table 21.Europe Flooring Market, By Country, 2017-2025 ($Million)
Table 22.Europe Flooring Market, By Product, 2017-2025 ($Million)
Table 23.Europe Flooring Market, By Application, 2017-2025 ($Million)
Table 24.Germany Flooring Market, By Product, 2017-2025 ($Million)
Table 25.Germany Flooring Market, By Application, 2017-2025 ($Million)
Table 26.France Flooring Market, By Product, 2017-2025 ($Million)
Table 27.France Flooring Market, By Application, 2017-2025 ($Million)
Table 28.UK Flooring Market, By Product, 2017-2025 ($Million)
Table 29.UK Flooring Market, By Application, 2017-2025 ($Million)
Table 30.Italy Flooring Market, By Product, 2017-2025 ($Million)
Table 31.Italy Flooring Market, By Application, 2017-2025 ($Million)
Table 32.Spain Flooring Market, By Product, 2017-2025 ($Million)
Table 33.Spain Flooring Market, By Application, 2017-2025 ($Million)
Table 34.Russia Flooring Market, By Product, 2017-2025 ($Million)
Table 35.Russia Flooring Market, By Application, 2017-2025 ($Million)
Table 36.Rest of Europe Flooring Market, By Product, 2017-2025 ($Million)
Table 37.Rest of Europe Flooring Market, By Application, 2017-2025 ($Million)
Table 38.Asia-Pacific Flooring Market, By Country, 2017-2025 ($Million)
Table 39.Asia-Pacific Flooring Market, By Product, 2017-2025 ($Million)
Table 40.Asia-Pacific Flooring Market, By Application, 2017-2025 ($Million)
Table 42.Japan Flooring Market, By Product, 2017-2025 ($Million)
Table 43.Japan Flooring Market, By Application, 2017-2025 ($Million)
Table 44.China Flooring Market, By Product, 2017-2025 ($Million)
Table 45.China Flooring Market, By Application, 2017-2025 ($Million)
Table 46.Australia Flooring Market, By Product, 2017-2025 ($Million)
Table 47.Australia Flooring Market, By Application, 2017-2025 ($Million)
Table 48.India Flooring Market, By Product, 2017-2025 ($Million)
Table 49.India Flooring Market, By Application, 2017-2025 ($Million)
Table 50.South Korea Flooring Market, By Product, 2017-2025 ($Million)
Table 51.South Korea Flooring Market, By Application, 2017-2025 ($Million)
Table 52.Taiwan Flooring Market, By Product, 2017-2025 ($Million)
Table 53.Taiwan Flooring Market, By Application, 2017-2025 ($Million)
Table 54.Rest of Asia-Pacific Flooring Market, By Product, 2017-2025 ($Million)
Table 55.Rest of Asia-Pacific Flooring Market, By Application, 2017-2025 ($Million)
Table 56.Rest of the World Flooring Market, By Country, 2017-2025 ($Million)
Table 57.Rest of the World Flooring Market, By Product, 2017-2025 ($Million)
Table 58.Rest of the World Flooring Market, By Application, 2017-2025 ($Million)
Table 59.Brazil Flooring Market, By Product, 2017-2025 ($Million)
Table 60.Brazil Flooring Market, By Application, 2017-2025 ($Million)
Table 61.Turkey Flooring Market, By Product, 2017-2025 ($Million)
Table 62.Turkey Flooring Market, By Application, 2017-2025 ($Million)
Table 63.Saudi Arabia Flooring Market, By Product, 2017-2025 ($Million)
Table 64.Saudi Arabia Flooring Market, By Application, 2017-2025 ($Million)
Table 65.South Africa Flooring Market, By Product, 2017-2025 ($Million)
Table 66.South Africa Flooring Market, By Application, 2017-2025 ($Million)
Table 67.United Arab Emirates Flooring Market, By Product, 2017-2025 ($Million)
Table 68.United Arab Emirates Flooring Market, By Application, 2017-2025 ($Million)
Table 69.Others Flooring Market, By Product, 2017-2025 ($Million)
Table 70.Others Flooring Market, By Application, 2017-2025 ($Million)
Table 71.Armstrong: Key Strategic Developments, 2017-2017
Table 72.Forbo: Key Strategic Developments, 2017-2017
Table 73.RPM International Inc.: Key Strategic Developments, 2017-2017
Table 74.Amtico: Key Strategic Developments, 2017-2017
Table 75.Interface Global: Key Strategic Developments, 2017-2017
Table 76.Gerflor: Key Strategic Developments, 2017-2017
Table 77.IVC Group: Key Strategic Developments, 2017-2017
Table 78.Mannington Mills Inc.: Key Strategic Developments, 2017-2017
Table 79.Mohawk Industries: Key Strategic Developments, 2017-2017
Table 80.Polyflor Ltd: Key Strategic Developments, 2017-2017
Table 81.Pergo: Key Strategic Developments, 2017-2017
Table 82.Shaw Floors: Key Strategic Developments, 2017-2017
Table 83.Congoleum: Key Strategic Developments, 2017-2017
Table 84.Marazzi Group: Key Strategic Developments, 2017-2017
Table 85.Tarkett: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Flooring Market Share, By Product, 2017 & 2025 ($Million)
Figure 2.Flooring Market, By Application, 2017 & 2025 ($Million)
Figure 3.Flooring Market, By Region, 2017, ($Million)
Figure 4.Armstrong: Net Revenues, 2017-2017 ($Million)
Figure 5.Armstrong: Net Revenue Share, By Segment, 2017
Figure 6.Armstrong: Net Revenue Share, By Geography, 2017
Figure 7.Forbo: Net Revenues, 2017-2017 ($Million)
Figure 8.Forbo: Net Revenue Share, By Segment, 2017
Figure 9.Forbo: Net Revenue Share, By Geography, 2017
Figure 10.RPM International Inc.: Net Revenues, 2017-2017 ($Million)
Figure 11.RPM International Inc.: Net Revenue Share, By Segment, 2017
Figure 12.RPM International Inc.: Net Revenue Share, By Geography, 2017
Figure 13.Interface Global : Net Revenues, 2017-2017 ($Million)
Figure 14.Interface Global : Net Revenue Share, By Segment, 2017
Figure 15.Interface Global : Net Revenue Share, By Geography, 2017
Figure 16.Knowles Electronics, LLC.: Net Revenues, 2017-2017 ($Million)
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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