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UK Engineered Wood Flooring Market Research Report Forecast to 2030

Publisher Market Research Future
Published Jul 06, 2023
Length 65 Pages
SKU # RESFT18051025

Description

UK Engineered Wood Flooring Market Research Report Forecast to 2030


The UK Engineered wood flooring market is projected to be valued at USD 2,495.0 Million by 2030, with a 3.0% CAGR from 2022–2030. Engineered wood flooring has been popular for several years. Evolving consumer preferences and changing interior design styles has increased competition in the UK markets. The primary drivers of the UK engineered wood flooring market are the rising commercial construction, urbanization, the rapid growth of population, changing lifestyles, and increased demand of spending in interiors. The construction industry in UK is expected to continue to grow at a moderate pace over the forecast period. In UK non-residential construction is also expected to grow considerably in the coming years. Thus, with the rise in these commercial facilities, the demand for engineered wood flooring from these sectors is also expected to rise in UK over the coming years. Furthermore, online stores are growing as a key mode of sale among the distribution channel, which in turn boosts the market growth. However, growing shortages and increasing prices of raw materials such as ply are expected to hamper the market growth. Nevertheless, the growth in sustainable business will also create new opportunities for companies that provide sustainable engineered wood flooring.

Engineered wood floors are real wood floors that are manufactured using three to nine layers of different wood veneers. Engineered hardwood flooring has become popular because of its adaptability and toughness. Layers of solid wood are used to produce engineered wood floors. To ensure longevity and stability and lessen the wood's inherent inclination to expand and compress, each layer runs in a separate direction. It is therefore the ideal option for underfloor heating, older homes, and spaces that are below ground. They are also important in commercial establishments such as retail shops, educational institutes, healthcare facilities, and in the hospitality industry. The mid and higher-end segments of the UK market offer good opportunities for engineered hardwood flooring, but competition is strong. The industry is also a labor-intensive and dynamic sector dominated by small and medium-sized enterprises (SMEs) and micro firms.

Market Segmentation
The UK Engineered wood flooring market is classified based on Application, distribution channel, and end-use industry.

Major Players
Key players include in the engineered wood flooring market are Kährs Holding AB, Tuscan Flooring, Woodpecker Flooring, Furlong Flooring, Mohawk Industries, Inc.., and Ted Todd Fine Wood Floors among others.

Companies Mentioned
Kährs Holding AB
Tuscan Flooring
Woodpecker Flooring
Furlong Flooring
Mohawk Industries
Inc..
and Ted Todd Fine Wood Floors among others.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

65 Pages
1 Executive Summary 10
1.1 Uk Engineered Wood Flooring Market, By Application 12
1.2 Uk Engineered Wood Flooring Market, By End-user 13
1.3 Uk Engineered Wood Flooring Market, By Distribution Channel 14
2 Market Introduction 15
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Market Structure 15
3 Research Methodology 16
3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 18
3.4 Market Size Estimation 18
3.5 Top Down &Bottom-up Approach 19
3.6 Forecast Model 20
3.7 List Of Assumptions 21
4 Market Dynamics 22
4.1 Introduction 22
4.2 Drivers 23
4.2.1 Growing Commercial Construction In The Uk 23
4.2.2 Rapid Growth In The Online Sales Channels 23
4.2.3 Drivers Impact Analysis 24
4.3 Restraints 24
4.3.1 Fluctuations In The Prices Of Raw Materials 24
4.3.2 Restraints Impact Analysis 25
4.4 Opportunities 25
4.4.1 Growing Demand For Sustainable Materials 25
4.5 Impact Analysis Of Covid-19 On Uk Engineered Wood Flooring Market 25
4.5.1 Impact On Production 26
4.5.2 Impact On Raw Material Availability 26
4.5.3 Impact On Online Vs Online Sales 26
4.5.4 Impact On Pricing 26
5 Market Factor Analysis 27
5.1 Supply/Value Chain Analysis 27
5.1.1 Raw Material Supply 27
5.1.2 Manufacturing 27
5.1.3 Sales & Distribution 28
5.1.4 End-users 28
5.2 Porter’s Five Forces Model 28
5.2.1 Threat Of New Entrants 29
5.2.2 Bargaining Power Of Suppliers 29
5.2.3 Bargaining Power Of Buyers 29
5.2.4 Threat Of Substitutes 29
5.2.5 Intensity Of Rivalry 29
6 Uk Engineered Wood Flooring Market, By Application 30
6.1 Overview 30
6.2 Flooring 31
6.3 Decking 31
6.4 Cladding 31
7 Uk Engineered Wood Flooring Market, By End-user 32
7.1 Overview 32
7.2 Residential 33
7.3 Commercial 33
7.4 Industrial 33
8 Uk Engineered Wood Flooring Market, By Distribution Channel 34
8.1 Overview 34
8.2 Online 35
8.3 Offline 35
9 Competitive Landscape 36
9.1 Introduction 36
9.2 Competitive Benchmarking 37
9.3 Key Players Market Share Analysis 38
10 Company Profiles 39
10.1 Kährs Holding Ab 39
10.1.1 Company Overview 39
10.1.2 Products Offerings 39
10.1.3 Financial Details 41
10.1.4 Swot Analysis 42
10.1.5 Key Strategies 42
10.2 Mohawk Industries, Inc.(Quick-step By Unilin Group) 43
10.2.1 Company Overview 43
10.2.2 Products Offerings 43
10.2.3 Financial Details 44
10.2.4 Swot Analysis 45
10.2.5 Key Strategies 45
10.3 Tuscan Flooring 46
10.3.1 Company Overview 46
10.3.2 Products Offerings 46
10.3.3 Swot Analysis 47
10.3.4 Key Strategies 47
10.4 Elka Wooden Flooring 48
10.4.1 Company Overview 48
10.4.2 Products Offerings 48
10.4.3 Swot Analysis 49
10.4.4 Key Strategies 49
10.5 Woodpecker Flooring 50
10.5.1 Company Overview 50
10.5.2 Products Offerings 50
10.5.3 Swot Analysis 52
10.5.4 Key Strategies 52
10.6 Atkinson & Kirby 53
10.6.1 Company Overview 53
10.6.2 Products Offerings 53
10.6.3 Swot Analysis 54
10.6.4 Key Strategies 54
10.7 Furlong Flooring 55
10.7.1 Company Overview 55
10.7.2 Products Offerings 55
10.7.3 Swot Analysis 56
10.7.4 Key Strategies 56
10.8 Ted Todd Fine Wood Floors 57
10.8.1 Company Overview 57
10.8.2 Products Offerings 57
10.8.3 Swot Analysis 61
10.8.4 Key Strategies 61
10.9 British Hardwoods 62
10.9.1 Company Overview 62
10.9.2 Products Offerings 62
10.9.3 Swot Analysis 63
10.9.4 Key Strategies 63
10.10 Other Companies 64
List Of Tables
Table 1 List Of Assumptions 21
Table 2 Kährs Holding Ab: Products Offerings 39
Table 3 Quick-step By Unilin Group: Products Offerings 43
Table 4 Tuscan Flooring: Products Offerings 46
Table 5 Elka Wooden Flooring.: Products Offerings 48
Table 6 Woodpecker Flooring: Products Offerings 50
Table 7 Atkinson & Kirby.: Products Offerings 53
Table 8 Furlong Flooring: Products Offerings 55
Table 9 Ted Todd Fine Wood Floors: Products Offerings 57
Table 10 British Hardwoods: Products Offerings 62
Table 11 Other Companies: Products Offerings 64
List Of Figures
Figure 1 Market Synopsis 11
Figure 2 Uk Engineered Wood Flooring Market Analysis By Application 12
Figure 3 Uk Engineered Wood Flooring Market Analysis By End-user 13
Figure 4 Uk Engineered Wood Flooring Market Analysis By Distribution Channel 14
Figure 5 Uk Engineered Wood Flooring Market: Market Structure 15
Figure 6 Research Process Of Mrfr 16
Figure 7 Dro Analysis Of Uk Engineered Wood Flooring Market 22
Figure 8 Drivers Impact Analysis: Engineered Wood Flooring Market 24
Figure 9 Restraints Impact Analysis: Engineered Wood Flooring Market 25
Figure 10 Supply / Value Chain: Uk Engineered Wood Flooringmarket 27
Figure 11 Porter's Five Forces Analysis Of The Uk Engineered Wood Flooring Market 28
Figure 12 Uk Engineered Wood Flooring Market, By Application, 2021 (% Share) 30
Figure 13 Uk Engineered Wood Flooring Market, By Application, 2020 To 2030 (Usd Million) 30
Figure 14 Uk Engineered Wood Flooring Market, By End-user, 2021 (% Share) 32
Figure 15 Uk Engineered Wood Flooring Market, By End-user, 2020 To 2030 (Usd Million) 32
Figure 16 Uk Engineered Wood Flooring Market, By Distribution Channel, 2021 (% Share) 34
Figure 17 Uk Engineered Wood Flooring Market, By Distribution Channel, 2020 To 2030 (Usd Million) 34
Figure 18 Benchmarking Of Major Competitors 37
Figure 19 Key Players Market Share Analysis, 2021 (%) 38
Figure 20 Kährs Holding Ab: Financials 41
Figure 21 Kährs Holding Ab: Swot Analysis 42
Figure 22 Mohawk Industries, Inc: Financials 44
Figure 23 Mohawk Industries, Inc.: Swot Analysis 45
Figure 24 Tuscan Flooring: Swot Analysis 47
Figure 25 Elka Wooden Flooring.: Swot Analysis 49
Figure 26 Woodpecker Flooring: Swot Analysis 52
Figure 27 Atkinson & Kirby: Swot Analysis 54
Figure 28 Furlong Flooring: Swot Analysis 56
Figure 29 Ted Todd Fine Wood Floors: Swot Analysis 61
Figure 30 British Hardwoods: Swot Analysis 63

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