Product Code: ETC010785 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Flooring market currently, in 2023, has witnessed an HHI of 7131, Which has increased slightly as compared to the HHI of 4314 in 2017. The market is moving towards Highly 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.
The flooring market in Thailand is estimated to grow at a CAGR of 6.1% during the forecast period 2020-2026. Factors such as increasing consumer spending on home improvement, rising demand for eco-friendly and sustainable products, and growing construction activities are driving the growth of the market. Moreover, rising income levels, improving economic conditions, and stringent government regulations regarding product standards are some other factors that will further boost the industry prospects in Thailand over the coming years.
Wood flooring is expected to remain one of the most widely used types of flooring due to its attractive look & feel and low maintenance cost compared to other materials like ceramic tile or vinyl sheet floorings. The quality of hardwood floors has improved significantly with innovations in technology resulting in easy installation processes using click-lock systems making them a preferred choice among consumers in recent times. In addition, manufacturers are focusing on introducing new products such as laminate wood floors that provide an environment friendly alternative along with better aesthetics than traditional options at lower costs thus boosting their adoption across residential applications throughout Thailand.
Resilient flooring such as luxury vinyl tiles (LVT) have gained wide acceptance over conventional options due to their higher durability & scratch resistance while also providing different color schemes and designs that can be customized according to individual tastes which makes them suitable for both commercial & residential applications alike leading to greater sales volume within this segment from 2020 onwards till 2026 end within Thai markets especially for those located close enough for frequent imports from neighboring countries like Malaysia/Indonesia etc.
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 Thailand Flooring Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Flooring Market Revenues & Volume, 2019 & 2026F |
3.3 Thailand Flooring Market - Industry Life Cycle |
3.4 Thailand Flooring Market - Porter's Five Forces |
3.5 Thailand Flooring Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Thailand Flooring Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Thailand Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Flooring Market Trends |
6 Thailand Flooring Market, By Types |
6.1 Thailand Flooring Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Flooring Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Thailand Flooring Market Revenues & Volume, By Soft Coverings, 2016 - 2026F |
6.1.4 Thailand Flooring Market Revenues & Volume, By Resilient Flooring, 2016 - 2026F |
6.1.5 Thailand Flooring Market Revenues & Volume, By Non-Resilient Flooring, 2016 - 2026F |
6.1.6 Thailand Flooring Market Revenues & Volume, By Seamless Flooring, 2016 - 2026F |
6.2 Thailand Flooring Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Flooring Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Thailand Flooring Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.2.4 Thailand Flooring Market Revenues & Volume, By Industrial, 2016 - 2026F |
7 Thailand Flooring Market Import-Export Trade Statistics |
7.1 Thailand Flooring Market Export to Major Countries |
7.2 Thailand Flooring Market Imports from Major Countries |
8 Thailand Flooring Market Key Performance Indicators |
9 Thailand Flooring Market - Opportunity Assessment |
9.1 Thailand Flooring Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Thailand Flooring Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Thailand Flooring Market - Competitive Landscape |
10.1 Thailand Flooring Market Revenue Share, By Companies, 2019 |
10.2 Thailand Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |