개요
세계 하드우드 바닥재 시장은 2024년 492억 달러에 달하고, 2031년에는 678억 달러에 달할 것으로 예상되며, 2024-2031년 3.8%의 CAGR로 성장할 것으로 예상됩니다.
바닥재 산업은 지난 몇 년 동안 바닥 디자인 트렌드의 변화와 아름답고 오래 지속되는 바닥재 솔루션에 대한 수요 증가로 인해 성장해 왔습니다. 도시화의 진전, 소비자의 라이프스타일의 변화, 사무실과 작업 공간의 증가 등이 시장을 활성화시키고 있습니다.
밴쿠버, 토론토, 에드먼턴, 캘거리, 미국으로의 이민자 증가로 인해 전 세계 주택 건설 활동이 긍정적인 영향을 받고 있으며, 그 결과 가정용 하드우드 바닥재에 대한 수요도 급증하고 있습니다. 또한, 캐나다 정부와 고객이 고효율 건축 기술 사용에 대한 중요성을 강조하고 있는 것도 캐나다의 바닥재 시장 성장에 힘을 실어줄 것으로 예상됩니다.
2023년 아시아태평양은 세계 하드우드 바닥재 시장의 약 25%를 차지하는 급성장 지역이 될 것으로 예상됩니다. 이 지역은 안전, 청결, 위생 규제에 대한 소비자의 인식이 향상되고 이러한 서비스에 대한 접근이 용이해짐에 따라 예측 기간 동안 확대될 것으로 예상됩니다. 예를 들어, 일본 농림수산성은 공공 건축물에 목재 제품 사용을 장려하는 정책을 승인했습니다. 마찬가지로 각국 정부는 인프라 및 건물 건설에 목재 사용을 장려하는 인센티브를 곳곳에서 제공하고 있습니다.
시장 역학
확대되는 건설 프로젝트
가처분 소득이 증가함에 따라 주거 편의성을 향상시키기 위해 주택에 투자되는 자금이 증가하고 있습니다. 또한, 고급 주택 구조의 발전과 이에 따른 단독주택 구조에 대한 선호도가 높아지는 것도 시장 수요를 견인하고 있습니다. 다양한 응용 산업에서 증가하는 수요에 대응하기 위해 국내외 제조업체들은 대규모 투자를 하고 있습니다.
미국에서는 아마존이 2020년에 HQ2 빌딩 건설을 시작하는 등 수많은 건축 프로젝트가 진행되고 있습니다. 아마존은 2023년까지이 거대한 프로젝트를 완료하는 것을 목표로하고 있으며, 건설 사업에서 계속 두각을 나타내고 있습니다. 이러한 종류의 프로젝트에 투자되는 금액이 증가함에 따라 바닥재에 대한 수요가 증가하고 하드우드 바닥재 시장이 성장할 것으로 예상됩니다.
매력적인 바닥재 제품에 대한 수요 증가
하드우드 바닥재는 우아하고 따뜻한 느낌을 주며 다양한 주택 디자인 스타일을 보완하는 데 도움이 됩니다. 미학적이고 오래 지속되는 바닥재 솔루션에 대한 전 세계 수요 증가는 시장 확대의 원동력이 되고 있습니다. 하드우드 바닥재는 탄력성이 있어 수명이 길고 주기적으로 교체할 필요가 없기 때문에 시장 전망은 밝습니다.
마루는 자연스러운 질감과 다양한 패턴으로 다양한 소비자에게 어필할 수 있으며, 주거 및 상업 시설의 가치를 높이고 시각적으로 매력적인 환경을 조성하는 데 기여합니다. 또한, 이 바닥재는 유지보수 비용을 절감할 수 있어 주택에 장기적으로 투자하고자 하는 소비자에게도 적합합니다.
가격과 환경에 대한 우려
세계 경제 상황, 공급망 지연, 원자재 비용은 모두 원목 바닥재 가격에 영향을 미칩니다. 다른 바닥재에 비해 원목 바닥재는 시공이 어렵고 시간이 많이 걸립니다. 소비자는 경기 침체기에 더 저렴한 바닥재를 선택할 수 있습니다. 특정 고객에게는 시공 과정이 어려울 수 있습니다.
벌채 관행, 임업 관행 및 특정 경재 종의 거래에 대한 엄격한 규제는 하드우드 바닥재의 가용성과 가격에 영향을 미칠 수 있습니다. 서식지 파괴 및 삼림 벌채에 대한 우려는 경재 제품에 대한 수요의 많고 적음에 영향을 미칠 수 있습니다. 제조업체는 이러한 요구 사항을 준수하는 것이 어렵다고 생각합니다. 환경 지속가능성에 대한 인식이 높아짐에 따라 기존 하드우드 바닥재보다 친환경 바닥재가 선호되는 것은 환경 지속가능성에 대한 인식이 높아졌기 때문일 수 있습니다.
Overview
Global Hardwood Flooring Market reached US$ 49.2 billion in 2024 and is expected to reach US$ 67.8 billion by 2031, growing with a CAGR of 3.8% during the forecast period 2024-2031.
The flooring industry has grown over the past several years due to changing trends in floor design and an increase in demand for beautiful, superior and long-lasting floor covering solutions. Increasing urbanisation, bettering consumer lifestyles and the increase of offices and workspaces are some factors that have fueled the market.
Global residential construction activities are positively impacted by an increase in immigration to Vancouver, Toronto, Edmonton, the Calgary and U.S., which also resulted in a boom in demand for hardwood flooring for domestic use. Furthermore, the Canadian government's and customers' growing emphasis on the use of highly efficient building techniques is expected to boost the market for wood flooring in the nation.
In 2023, Asia-Pacific is expected to be the fastest growing region holding about 25% of the global hardwood flooring market. Due to improved consumer awareness of safety, cleanliness and health regulations as well as easier access to these services, the region is expected to expand during the projection period. The Ministry of Agriculture, Forestry and Fisheries of Japan, for instance, has authorised a policy encouraging the use of wood products in public structures. Similarly, governments everywhere offer incentives to encourage the use of wood in the construction of infrastructure and buildings.
Dynamics
Growing Construction Projects
More money is being invested in residential buildings to improve comfort as a result of rising disposable income. The demand for the market is also being driven by the ongoing development of upscale residential housing structures and the ensuing, increasing preference for single-family housing structures. To meet the growing demand from a variety of application industries, both domestic and foreign manufacturers are making significant investments.
There are numerous building projects in U.S., like Amazon began construction of its HQ2 building in 2020; the structure is expected to cost US$ 2.5 billion. As Amazon aims for the massive project to be finished by 2023, it continues to turn heads in the construction business. It is expected that the growing amount of money being invested in these kinds of projects will increase demand for flooring and grow the market for hardwood flooring.
Rising Demand for Appealing Flooring Products
Hardwood flooring provide a sense of elegance and warmth that complements a variety of home design styles. The growing global demand for aesthetically pleasing and long-lasting wood flooring solutions is driving market expansion. The resilience of hardwood floors provides lifespan and decreases the need for regular replacements, resulting in a positive market outlook.
It has natural textures and different patterns that appeal to a wide range of consumers and contribute to a visually appealing environment while increasing the value of residential and commercial properties. Moreover, the flooring solutions save maintenance expenses and are appropriate for consumers wanting a long-term investment in their houses.
Pricing and Environmental Concerns
Global economic conditions, delays in the supply chain and the cost of raw materials can all affect the price of hardwood flooring. Compared to other flooring types, installing hardwood flooring can be more difficult and time-consuming. Consumers can select less expensive flooring options during economic downturns. The installation process may be too tough for certain customers to handle.
Strict regulations pertaining to logging practices, forestry practices and the trade in particular hardwood species may affect the availability and price of hardwood flooring supplies. Concerns about habitat destruction and deforestation could affect how much demand there is for hardwood products. Manufacturers find it challenging to adhere to these requirements. A preference for environmentally friendly flooring options over conventional hardwood floors could arise from a greater awareness of environmental sustainability.
The global hardwood flooring market is segmented based on type, finish, application, end-user and region.
Growing Migrants drive the Residential Construction
Residential is expected to be the dominant segment with about 1/3rd of the market share during the forecast period 2024-2031. The residential sector is the primary application for the global hardwood flooring market. The solutions provide for design flexibility and precision in building while limiting costs and minimizing construction time. The expanding number of migrants in U.S. is driving the development of residential infrastructure.
In 2021, the residential building sector in U.S. experienced an increase in growth. According to IBIS World, the overall value of residential building in U.S. in 2021 was US$ 719.40 billion, compared to US$ 649.90 billion in 2020. Rising demand for single-family homes is the primary growth driver. Furthermore, the introduction of engineered wood has greatly decreased the cost of wood flooring, thereby providing a big boost to product usage in new structures in North America.
Growing Collaborations of Companies in North America
North America is the dominant region in the global hardwood flooring market covering more than 30% of the market in 2023. North America has the largest market share due to the increased quantity of construction activities and the abundance of timber resources. Furthermore, the increasing adoption of innovative manufacturing techniques is driving market expansion in North America. Individuals' increased need for durable and aesthetically appealing flooring solutions provides a good market outlook.
In accordance with this, the presence of established manufacturers helps to drive market expansion in the region. Shaw Industries Group, Inc. and Encina established a cooperation in March 2023 to recycle carpet production waste. Shaw Industries will give Encina with more than US$ 2.5 million in garbage each year. The agreement will help to reduce its greenhouse gas emissions and carbon footprint and reach its sustainability goal.
The major global players in the market include AHF, LLC, UNILIN, Beaulieu International Group, Classen, FRITZ EGGER GmBH & Co. OG, Formica Group, Armstrong Flooring Inc., Boral Limited, Brumark Corporation and Kahrs Holding AB.
Lockdowns and economic uncertainty caused a delay in construction and refurbishment projects. Many projects were postponed or put on hold, affecting demand for hardwood flooring materials. With more people spending time at home, there may have been a shift in consumer preferences for house improvements. However, economic uncertainty and fears about the future can have caused some consumers to postpone or reduce their flooring projects.
Companies who successfully adapted to e-commerce trends have performed better throughout the pandemic. Social distancing has resulted in an upsurge in internet shopping, particularly for home improvement products. Manufacturing plants and distribution centers had staff availability issues due to illness, quarantine procedures or government restrictions.
AI Impact
AI-powered predictive maintenance solutions can be used to monitor and repair the machinery used in the manufacture of hardwood flooring. AI is used to optimize supply chain processes, allowing businesses in the hardwood flooring industry to better manage inventories, minimize waste and streamline manufacturing. It can cut downtime and improve overall operational efficiency.
AI-based image identification and machine learning algorithms can be used to ensure quality control during the manufacturing process. It ensures that only high-quality hardwood flooring goods enter the market. As smart homes become more common, AI can be implemented into hardwood flooring products to provide smart features like temperature adjustment, lighting control and even responsive surfaces that adapt to user preferences.
Russia-Ukraine War Impact
If conflict impairs the region's hardwood flooring supply chains or manufacturing processes, it may result in shortages and price rises. Geopolitical conflicts can produce uncertainty for investors and consumers. Uncertainty could lead to project delays, reduced consumer spending and changes in market dynamics.
The conflict can impair the availability of critical resources required for hardwood flooring manufacture, such as timber. It may have an impact on manufacturing capacity and result in increased expenses. Consumer preferences and behaviors might shift during conflict. The demand for certain luxury or non-essential commodities, such as hardwood flooring, can drop as customers prioritize vital necessities.
The global hardwood flooring market report would provide approximately 70 tables, 63 figures and 204 pages.
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