Vendors in the market to emphasize on waste reduction and quality improvement
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global outdoor flooring market in their latest research report. This report also lists 25 other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for outdoor flooring is highly competitive in nature. The market is characterized by the presence of a large number of well-established players and unorganized players in the various segments of outdoor flooring market. Technavio’s market research analysts anticipate the growth of global outdoor flooring market during the forecast period to be fueled by rapidly changing consumer demographics as consumers are more inclined toward home décor and interiors.
According to Likhitha Bandla, a lead analyst at Technavio for research on construction, “The manufacturers are investing heavily to reduce the wastage and boost the quality of the product. For instance, manufacturers are deploying new methods, such as the use of alternative fuel and liquefied petroleum gas, natural gas, and so on to reduce carbon footprints.”
Top five vendors in the outdoor flooring market space
Armstrong Flooring
Armstrong Flooring provides high-performance, resilient flooring products including vinyl sheet, vinyl composition, linoleum, and luxury vinyl tile. It all began in Pittsburgh with the manufacturing of hand carved corks. The company is a subsidiary of Armstrong World Industries and designs, manufactures, and markets flooring products.
Key products: Hardwood, Laminate, Luxury vinyl flooring, Engineered stone, Vinyl sheet, Vinyl tile flooring, and Linoleum.
Fiberon
Fiberon engages in the manufacturing and selling high-quality composite decking and railing for outdoor solutions. The facilities have 37,000 square meters of area for manufacturing and nearly 16,250 square meters for assembly and warehouse area. The company is present in 30 countries across APAC, Central and South America, and Europe.
Key products: Symmetry Decking, Horizon Decking, Paramount Decking, ProTect Advantage Decking, Sanctuary Decking, Armourguard Decking, Xtreme Decking, Xtreme Wide Decking, Exotics Decking, Professional Decking, and Traditional Decking.
Mohawk Industries
Mohawk Industries is one of the largest flooring companies and has various brands under it. These brands include American Olean, American Rug Craftsmen, Century Flooring, daltile, Karastan, Marrazi, Pergo, Quick Step, Unilin and Mohawk Armourmax.
Key products: Rugs.
Timber Holdings USA
Apart from sourcing and holding an exhaustive list of products, the firm provides remanufacturing and fabrication services. It has warehouse and distribution locations are based in California, New Hampshire, New Jersey, Texas, and Georgia. The company markets its timber products under the Iron Woods brand name.
Key products: Iron Woods Ipe Decking, Iron Woods Garapa Decking, Iron Woods Cambara Decking, Iron Woods Cumaru Decking, Iron Woods Vanish Decking, Iron Woods Deck Tiles, Elevations Roof Deck System, and Iron Woods Dock Decking.
AZEK Building Products (TimberTech)
AZEK Building Products is a parent company for both TimberTech and AZEK. Under its TimberTech brand name, the company provides flooring, decking, lighting, and railing options. It operates in 55 countries across 6 continents through a strong distribution system.
Key products: Legacy Collection, Tropical Collection, Terrain Collection, TwinFinish, ReliaBoard, and DockSider.
A more detailed analysis is available in the Technavio report, Global Outdoor Flooring Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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