Product Code: ETC010791 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Sri Lanka Flooring Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 6.74% in 2028, following an initial rate of 3.64%, before easing to 5.84% at the end of the period.
In the Asia region, the Flooring market in Sri Lanka is projected to expand at a growing growth rate of 6.24% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Sri Lanka flooring market is expected to grow by a CAGR of 3.5% over the forecast period 2020-2026. The demand for different types of flooring such as vinyl, hardwood, laminate and carpets in Sri Lanka has been increasing due to the expansion of commercial buildings and residential houses in order to meet the growing population needs. Furthermore, rising consumer demands for luxurious and aesthetically pleasing materials that are easy to install and maintain have also driven the growth of this industry in Sri Lanka. Additionally, growth in tourism activities will create more opportunities for businesses operating in this sector as well as increase consumption of different types of floorings across various industries such as hospitality, retail stores etc., which are dependent on tourist footfall.
On other hand, imports from countries such as India may pose threat to local manufacturers ability to compete with low cost products while availability of skilled labor might affect production levels because if proper training is not imparted then quality standards wont be achieved; hence impacting the sales volume negatively. Thus it becomes important for local players operating within this space recognize potential challenges posed by external factors so they can better prepare themselves against any future disruptions or competition from international markets.
Overall however, consistent government initiatives towards infrastructure development projects coupled with rising disposable incomes among consumers should further support positive growth prospects within this industry during the upcoming years.
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 Sri Lanka Flooring Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Flooring Market Revenues & Volume, 2019 & 2026F |
3.3 Sri Lanka Flooring Market - Industry Life Cycle |
3.4 Sri Lanka Flooring Market - Porter's Five Forces |
3.5 Sri Lanka Flooring Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Sri Lanka Flooring Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Sri Lanka Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Flooring Market Trends |
6 Sri Lanka Flooring Market, By Types |
6.1 Sri Lanka Flooring Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Flooring Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Sri Lanka Flooring Market Revenues & Volume, By Soft Coverings, 2016 - 2026F |
6.1.4 Sri Lanka Flooring Market Revenues & Volume, By Resilient Flooring, 2016 - 2026F |
6.1.5 Sri Lanka Flooring Market Revenues & Volume, By Non-Resilient Flooring, 2016 - 2026F |
6.1.6 Sri Lanka Flooring Market Revenues & Volume, By Seamless Flooring, 2016 - 2026F |
6.2 Sri Lanka Flooring Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Flooring Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Sri Lanka Flooring Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.2.4 Sri Lanka Flooring Market Revenues & Volume, By Industrial, 2016 - 2026F |
7 Sri Lanka Flooring Market Import-Export Trade Statistics |
7.1 Sri Lanka Flooring Market Export to Major Countries |
7.2 Sri Lanka Flooring Market Imports from Major Countries |
8 Sri Lanka Flooring Market Key Performance Indicators |
9 Sri Lanka Flooring Market - Opportunity Assessment |
9.1 Sri Lanka Flooring Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Sri Lanka Flooring Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Sri Lanka Flooring Market - Competitive Landscape |
10.1 Sri Lanka Flooring Market Revenue Share, By Companies, 2019 |
10.2 Sri Lanka Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |