Carpet tiles also known as carpet
squares form a significant portion of soft flooring industry. Carpet tiles
are modular sections of carpet typically cut into squares or rectangles.
Demand for carpet tiles is strongest in the corporate and institutional sectors.
It is also gaining share in the retail market, healthcare and educational
institutions. Given its properties like design flexibility, durability,
functionality and ease of maintenance; carpet tiles are also becoming popular
even in residential segment.
North America is the largest carpet
tile market with its sales driven by continued rebound of corporate office
segment, as well as improvements in education and retail market segments. On
the contrary, European carpet tile market remained sluggish due to economic
slowdown with most of the demand coming from refurbishment projects. The
Asian (including Japan) carpet tile market witnessed a robust growth in 2012
driven by factors like rising consumer spending on home renovation,
accelerating investments on infrastructure, demand from markets like India,
China, Korea and Indonesia.
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Key issues in the industry include
price volatility of raw materials, threat from substitutes and strict
environmental regulations. Carpet tile industry is highly fragmented though
there were M&A activities in 2012 (Tarkett acquired Tandus) by leading
players to expand into new geographies. Interface is the market leader in
global carpet tile industry followed by Shaw, Milliken, Toli, Mohawk, Desso
and Tandus. The report analyzes the global carpet tile market, along with
some of the major regional markets, including the US, the UK and Australia.
The report discusses the major growth drivers and challenges of the industry.
It also profiles the top players along with their business strategies.
By combining SPSS Inc.’s data
integration and analysis capabilities with our relevant findings, we have
predicted the future growth of the industry. We employed various significant
variables that have an impact on this industry and created regression models
with SPSS Base to determine the future direction of the industry. Before
deploying the regression model, the relationship between several independent
or predictor variables and the dependent variable was analyzed using standard
SPSS output, including charts, tables and tests.
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Major points from
Table of Contents (http://www.marketreportsonline.com/317277-toc.html. ) are listed below:
List of Tables
Shares of Flooring Types by Geography (2012)
The US Floor Covering Market Sales by Value (2008-2012)
The US Floor Covering Market Sales by Volume (2008-2012)
The US Top Ten Flooring Manufacturers (2012)
2012 Floor Focus US Top 250 Design Survey: Hot Products
Housing Opportunity Index in the US (2008-2013)
Annual Housing Starts in the US (2002-2013)
Product Portfolio of Major Floor Covering Manufacturers
(2012)
Dependent & Independent Variables (2006–2012)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
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