India Wood Flooring Market (2024-2030) | Revenue, Industry, Growth, Companies, Forecast, Analysis, Outlook, Size, Trends, Share & Value

Market Forecast By Product Type (Solid Wood, Engineered Wood), By Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online, Other), By End-User (Residential, Commercial) And Competitive Landscape
Product Code: ETC041465 Publication Date: Aug 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Wood Flooring Market Competition 2023

India Wood Flooring market currently, in 2023, has witnessed an HHI of 4874, Which has increased slightly as compared to the HHI of 3463 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

India Export Potential Assessment For Wood Flooring Market (Values in USD Thousand)


India Wood Flooring Market Synopsis

The India wood flooring market is expected to grow at a CAGR of 12.3% during the forecast period (2020-2026). The market is primarily driven by increasing demand from residential construction sector along with rising disposable income and growing preference towards attractive interiors in households. Additionally, rapid urbanization and infrastructural developments are also contributing to the growth of the Indian wood flooring market.

Drivers of the Market:

? Increasing Demand from Residential Construction Sector - With rise in disposable incomes, there is an increase in expenditure on housing activities such as purchasing new homes or renovating existing spaces which has led to increased demand for decorative products such as wooden floors. This trend has been further accelerated due to government initiatives toward affordable housing for all by 2022 which will provide additional impetus to this segment over the coming years

? Growing Preference Towards Attractive Interiors - Increased focus on aesthetic appeal amongst consumers have led to high adoption of wooden floors in residences across various cities in India providing ample opportunities for manufacturers operating within this space

Challenges of the Market:

? High Initial Costs ? Wood Floorings require higher initial installation costs compared other options like vinyl, ceramic tiles etc., thus making it unaffordable for certain segments of population limiting its reach & growth potential

? Lack Of Awareness And Skilled Labors? As wood floorings involve complex procedures like sanding, finishing and staining etc., lack of skilled labor often leads to improper installations resulting into dissatisfaction among end users reducing their willingness & interest towards these products

Key Players of the Market:

? Armstrong Flooring Inc. ? Mohawk Industries Inc. ? Tarkett SA ? Shaw Industries Group Inc. ? Dixie Home Carpets ? BerryAlloc NV/SA

Key Highlights of the Report:

  • India Wood Flooring Market Outlook
  • Market Size of India Wood Flooring Market, 2023
  • Forecast of India Wood Flooring Market, 2030
  • Historical Data and Forecast of India Wood Flooring Revenues & Volume for the Period 2020-2030
  • India Wood Flooring Market Trend Evolution
  • India Wood Flooring Market Drivers and Challenges
  • India Wood Flooring Price Trends
  • India Wood Flooring Porter's Five Forces
  • India Wood Flooring Industry Life Cycle
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Product Type for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Solid Wood for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Engineered Wood for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Home Centers for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Flagship Stores for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Specialty Stores for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Online for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Other for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By End-User for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Residential for the Period 2020-2030
  • Historical Data and Forecast of India Wood Flooring Market Revenues & Volume By Commercial for the Period 2020-2030
  • India Wood Flooring Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By End-User
  • India Wood Flooring Top Companies Market Share
  • India Wood Flooring Competitive Benchmarking By Technical and Operational Parameters
  • India Wood Flooring Company Profiles
  • India Wood Flooring Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Wood Flooring Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Wood Flooring Market Revenues & Volume, 2020 & 2030F

3.3 India Wood Flooring Market - Industry Life Cycle

3.4 India Wood Flooring Market - Porter's Five Forces

3.5 India Wood Flooring Market Revenues & Volume Share, By Product Type, 2020 & 2030F

3.6 India Wood Flooring Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

3.7 India Wood Flooring Market Revenues & Volume Share, By End-User, 2020 & 2030F

4 India Wood Flooring Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Wood Flooring Market Trends

6 India Wood Flooring Market, By Types

6.1 India Wood Flooring Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 India Wood Flooring Market Revenues & Volume, By Product Type, 2020-2030F

6.1.3 India Wood Flooring Market Revenues & Volume, By Solid Wood, 2020-2030F

6.1.4 India Wood Flooring Market Revenues & Volume, By Engineered Wood, 2020-2030F

6.2 India Wood Flooring Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 India Wood Flooring Market Revenues & Volume, By Home Centers, 2020-2030F

6.2.3 India Wood Flooring Market Revenues & Volume, By Flagship Stores, 2020-2030F

6.2.4 India Wood Flooring Market Revenues & Volume, By Specialty Stores, 2020-2030F

6.2.5 India Wood Flooring Market Revenues & Volume, By Online, 2020-2030F

6.2.6 India Wood Flooring Market Revenues & Volume, By Other, 2020-2030F

6.3 India Wood Flooring Market, By End-User

6.3.1 Overview and Analysis

6.3.2 India Wood Flooring Market Revenues & Volume, By Residential, 2020-2030F

6.3.3 India Wood Flooring Market Revenues & Volume, By Commercial, 2020-2030F

7 India Wood Flooring Market Import-Export Trade Statistics

7.1 India Wood Flooring Market Export to Major Countries

7.2 India Wood Flooring Market Imports from Major Countries

8 India Wood Flooring Market Key Performance Indicators

9 India Wood Flooring Market - Opportunity Assessment

9.1 India Wood Flooring Market Opportunity Assessment, By Product Type, 2020 & 2030F

9.2 India Wood Flooring Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

9.3 India Wood Flooring Market Opportunity Assessment, By End-User, 2020 & 2030F

10 India Wood Flooring Market - Competitive Landscape

10.1 India Wood Flooring Market Revenue Share, By Companies, 2023

10.2 India Wood Flooring Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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