Hard Surface Flooring forecasts for 2011 & 2016

US demand for hard surface flooring is projected to advance 4.3 percent per annum through 2011 to over 12 billion square feet. Hard surface flooring is gaining market share over carpet and rugs, continuing a trend seen over the past decade
By: Sunil Nair
 
Dec. 1, 2007 - PRLog -- This tendency is mostly driven by consumer preferences for highend products such as laminate, ceramic tile and engineered wood flooring, as well as increasing interest and popularity of natural and environmentally friendly products such as bamboo, cork and linoleum flooring. Product development and innovation in design and styling, in addition to better production processes and new manufacturing technology, will expand hard surface flooring demand by increasing the availability and range of products on the market. Trends toward high-end, luxury products will help boost value gains, although market maturity and growth in demand for lower-priced imports will moderate price increases.
Laminate flooring to post the fastest gains
Through 2011, vinyl will continue to be the leading hard surface floor covering, despite losing significant share to ceramic tile and laminate flooring. Vinyl flooring will, however, continue to benefit from its low price and large selection of colors and patterns, which makes it an appealing alternative especially in the residential market. But the strongest product category in terms of growth remains laminate flooring, which is expected to substantially increase its share of the hard surface flooring market and provide the best opportunities through 2011. This segment has posted double-digit growth rates for the past five years and is expected to continue doing so for at least the next five. Gains will be driven by the continuing popularity and increasing consumer familiarity with the performance and benefits of laminate flooring. Moreover, laminate flooring prices are generally lower compared to the flooring choices it mimics, such as hardwood. Nevertheless, consumer interest in highend flooring products will aid demand for wood and ceramic tile flooring going forward, especially as the 45 year-old and older demographic segment, which typically has the greatest spending power, becomes larger.
Nonresidential building market to grow the fastest
The nonresidential building market is expected to provide great opportunities for hard surface flooring, with demand rising to almost six billion square feet. Demand for both new and replacement flooring will see strong growth in all nonresidential building segments, which include office and commercial buildings, institutional buildings, industrial structures and other nonresidential buildings. The residential building market will grow at a slower pace than during the 2001 to 2006 period. Weakness in the singlefamily housing market will be somewhat offset by rebounds in multiunit and manufactured housing. Overall growth in hard surface flooring demand in this segment will mostly be supported by residential repair and replacement spending. Moderate increases in transportation equipment production will benefit demand for hard surface flooring in motor and recreational vehicles, boats and aircrafts.
Study coverage
Hard Surface Flooring, a new Freedonia industry study priced at $4400, contains details on these and other findings. This study examines the US market for hard surface flooring, including both resilient and nonresilient products. It presents historical demand data (1996, 2001, 2006) plus forecasts for 2011 and 2016 by product and by market. The study also considers market environment factors, discusses competitive variables, evaluates market shares and profiles major players.
Table of Contents 
Introduction
Executive Summary
Market Environment
General
Macroeconomic Overview
Consumer Income & Expenditures
Personal Income & Expenditures
Consumer Financing
Demographic Trends
Population
Households
Construction Expenditures
Building Construction Trends
Residential Construction
Housing Outlook
Housing Stock
Single-Family Home Sales
Residential Floor Space
Repair & Improvements
Nonresidential Construction
Nonresidential Building Space
Repair & Improvements
Transportation Equipment Outlook
Motor Vehicle Outlook
Other Transportation Equipment
Pricing Patterns
Historical Market Trends
Environmental Issues
World Hard Surface Flooring Overview
US Foreign Trade
Imports
Exports
Competitive Floor Coverings Outlook

Products
General
Resilient Flooring
Vinyl Flooring
Vinyl Sheet
Vinyl Composition Tile
Vinyl Tile
Polyvinyl Chloride Consumption
Vinyl Flooring Market Share
Other Resilient Flooring
Rubber
Linoleum
Cork
Asphalt
Nonresilient Flooring
Wood Flooring
Solid Wood Flooring
Engineered Wood Flooring
Wood Flooring Market Share
Laminate Flooring
Products
Product Development
Suppliers
Laminate Flooring Market Share
Ceramic Tile
Products
Product Development
Ceramic Tile Market Share
Other Nonresilient Hard Surface Flooring
Seamless Flooring
All Other
MARKETS
General
Residential Building
New
Replacement
Residence Type
Single-Family Housing
Multifamily Housing
Manufactured Housing
Nonresidential Building
New
Replacement
Building Type
Office & Commercial
Institutional
Industrial
Other Nonresidential
Transportation Equipment
Motor Vehicles
Other Transportation Equipment
INDUSTRY STRUCTURE
General
Industry Composition
Market Share
Competitive Strategies
Product Development
Manufacturing
Marketing
Distribution
Mergers & Acquisitions
Cooperative Agreements
Company Profiles
List of Tables & Charts
Executive Summary
1 Summary Table
Market Environment
1 Macroeconomic Indicators
2 Personal Income & Expenditures
3 Consumer Financing Environment
4 Population Trends
5 Construction Expenditures
6 Building Construction Expenditures
7 Residential Building Construction Expenditures
8 Housing Indicators
9 Home Sales
10 Residential Floor Space
11 Residential Repair & Improvement
Expenditures
12 Nonresidential Construction Expenditures
13 Nonresidential Floor Space
14 Nonresidential Repair & Improvement
Expenditures
15 Motor Vehicle Outlook
16 Other Transportation Equipment Indicators
17 Hard Surface Flooring Pricing Trends
18 Hard Surface Flooring Historical
Market Trends, 1996-2006
Cht Hard Surface Flooring Historical
Market Trends, 1997-2006
19 US Hard Surface Flooring Foreign Trade
Cht US Hard Surface Flooring Imports
by Country & Product, 2006
Cht US Hard Surface Flooring Exports
by Country & Product, 2006
20 Floor Covering Demand

Products
1 Hard Surface Flooring Supply & Demand
Cht Hard Surface Flooring Supply
& Demand, 2006
2 Resilient Flooring Supply & Demand
3 Vinyl Flooring Supply & Demand
Cht Vinyl Flooring Market Share, 2006
4 Vinyl Sheet Flooring Shipments
5 Vinyl Composition Tile Flooring Shipments
6 Vinyl Tile Flooring Shipments
7 Polyvinyl Chloride Consumption
in Vinyl Flooring
8 Vinyl Flooring Demand
9 Other Resilient Flooring Shipments
10 Nonresilient Flooring Supply & Demand
Cht Nonresilient Flooring Shipments
by Type, 1996-2016
11 Wood Flooring Supply & Demand
12 Solid Wood Flooring Shipments
13 Engineered Wood Flooring Shipments
14 Wood Flooring Demand
Cht Wood Flooring Market Share, 2006
15 Laminate Flooring Supply & Demand
16 Laminate Flooring Demand
Cht Laminate Flooring Market Share, 2006
17 Ceramic Tile Supply & Demand
18 Ceramic Tile Demand
Cht Ceramic Tile Market Share, 2006
19 Other Nonresilient Flooring Shipments

MARKETS
1 Hard Surface Flooring Demand by Market
Cht Hard Surface Flooring Demand
by Market, 2006
2 Residential Building Hard Surface
Flooring Demand
Cht Residential Hard Surface Flooring
Demand by Housing Type, 2006
3 New Residential Hard Surface
Flooring Demand

For more information kindly visit : http://www.bharatbook.com/detail.asp?id=50055

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End
Source:Sunil Nair
Email:Contact Author
Zip:400614
Tags:Hard Surface Flooring Forecasts For 2011 2016
Industry:Business
Location:Navi Mumbai - Maharashtra - India
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