Sports Flooring Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

[195+ Pages PDF Report] Global Sports Flooring Market is estimated to register a CAGR of 3% over the forecast period.

This professional and specialized report study examines the technical and business perspective of the Sports Flooring industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Sports Flooring Market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Sports Flooring Market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of value (USD Billion) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Key Insights from Primary Research

• Our primary respondents believe the market to witness a steady growth of 3% over the forecast period on account of rising awareness towards standard cosmetics and skin care products around the globe.
• Some of the CXOs predict the commercial segment to maintain its dominance throughout 2026 due to increase increasing in sports viewership trends across various countries. Furthermore, the manufacturers operating in this market are partnering with local and domestic players to increase their goodwill in the ever competitive market ecosystem.
• Some of the industry experts interviewed in North America revealed that the Outdoor segment in Sports Flooring is expected to generate considerable revenues for the Sports Flooring industry.
• Regionally, North America region is expected to contribute largely to the global Sports Flooring market. Some of the interviewees said that their future plans are to focus majorly innovating in features of Sports Flooring application areas. The manufacturers operating in countries such as the U.S. and Canada are expected to create higher adoption opportunities for Sports Flooring market.
• The sports subject matter experts suggest investing in R&D activities to come up with newer, economic and more efficient Sports Flooring. They believe advanced technology in commercial sector will witness widespread acceptance across the value chain of Sports Flooring market.

Key Recommendations from Analysts

• Our analysts recommend focusing on the North America Sports Flooring market since their calculations revealed that this region turned out to be the top investment pocket across the globe owing to greater opportunities in countries such as the U.S., Canada and others.
• The major reason behind the up surge growth and lucrative opportunities underlying in this region is the adoption of Sports Flooring by the outdoor sports sector across the countries of North America.
• Europe, on the other hand, is expected to foresee a robust growth of across the forecasted time span. This is majorly attributed to rising household income on furniture expenditure.
• The strategic mergers and acquisitions by key industry players and high demand across end-use industries is anticipated to fuel the market growth
• To compete effectively, companies are offering higher compensations and other benefits to the employees and offering unique features to capture market share in this market.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Sports Flooring Market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Sports Flooring Market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Sports Flooring Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Sports Flooring Market.

Report Scope

The research study provides a critical assessment of the Sports Flooring industry by logically segmenting the market on the basis of material, product, end-use, sales channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Sports Flooring industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

A number of aspects are considered while building or laying down the sports flooring. All the parameters are measured before laying down the sports flooring. The parameters such as shock absorption, skid resistance among others are taken high on priority to make the flooring safe. Also, the vertical twist needs to be taken into consideration that is the average distance of the floor deform under the specific impact that is measured in mm. In addition, any sports flooring should be able to endure the rolling load. Furthermore, some of the other important aspects that need to be considered while choosing for a suitable sports flooring is the measuring ball bounces off the surface, ball rebound, slip resistance, grip level of the surface among others. Traditionally, the most common option for a sports floor used to be solid timber wood. Internet sports viewing, home entertainment and others have given a huge evolution opportunity for different sports globally. This has increased the sports viewership; these aspects are considered to propel the growth of the sports flooring markets around the globe.

The Sports Flooring market is divided on the basis of Material, Product, End-Use, and sales channel. The material segment is further classified into Wood, Rubber, and Polymeric. Furthermore, the product segment is classified as Outdoor, Indoor. The End-User segment is divided into Commercial and Residential. By the Sales channel, the market is further classified into Direct Sales, Independent Sports Outlet, and others.

Some of the key players operating in the Sports Flooring Market around the globe:

• LG Hausys
• Armstrong
• Gerflor
• Targett
• Forbo
• Bonie
• Takiron
• HANWHA
• Liberty
• Mohawk (including IVC)
• Horner
• Robbins
• Connor
• Aacer Flooring
• Mannington Flooring
• Kentwood Floors
• Tarkett SA
• Forbo
• Kiefer USA
• Bauwerk Boen Group
• EPI group
• Horner Sports Flooring
• Signature Sports
• Robbins Sports Surfaces
• Aacer Flooring
• SnapSports
• Flexcourt Atheletics
• Conica AG
• Matsinc
• KLIKFLEX FLOORING
• Rephouse Ltd. 

The taxonomy of the Sports Flooring Market by its scope and segmentation is as follows:

By Material Segmentation Analysis

• Wood
• Rubber
• Polymeric

By Product Segmentation Analysis

• Outdoor
• Indoor

By End-Use Segmentation Analysis

• Commercial
• Residential

By Sales Channel Segmentation Analysis

• Direct Sales
• Independent sports outlets
• Others

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)