South Korea Commercial Soft Covering Flooring Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The South Korea commercial soft covering flooring market is experiencing significant growth, driven by the demand for durable, aesthetic, and functional flooring solutions across various industries. From hospitality and retail to healthcare and education, businesses are increasingly opting for soft covering flooring materials such as carpets, vinyl, and rugs due to their versatility and practicality. These flooring solutions are not only cost-effective but also provide comfort, noise reduction, and safety, making them an essential part of modern commercial spaces.
Commercial soft covering flooring is widely used in a variety of industries, each with its unique requirements. In the hospitality sector, hotels, and resorts favor soft covering floors for their luxurious appeal and sound-absorbing properties. Carpeted floors provide a warm, welcoming environment that enhances guest experience, while also offering practical benefits like ease of maintenance and durability in high-traffic areas.
In the retail industry, commercial soft covering flooring helps create an inviting atmosphere, contributing to customer satisfaction and brand identity. Soft flooring options are often chosen for their ability to reduce noise and create a more comfortable shopping environment. Additionally, these materials are easily customizable, allowing stores to align their flooring with specific themes and branding needs.
The healthcare sector also heavily relies on commercial soft covering flooring, with hospitals and clinics opting for flooring materials that promote cleanliness, comfort, and safety. Soft flooring options are particularly popular in areas such as waiting rooms, patient rooms, and corridors, where they help reduce the risk of slips and falls while offering a quieter environment for patients and staff.
Educational institutions are another significant consumer of commercial soft covering flooring, where classrooms and common areas are equipped with soft materials to ensure student comfort and reduce distractions. The demand for sustainable and eco-friendly flooring materials is also increasing, as schools and universities strive to meet green building standards and reduce their carbon footprint.
As the South Korean market for commercial soft covering flooring continues to expand, manufacturers and suppliers are increasingly focused on creating innovative and high-quality products that cater to the specific needs of various industries. The growth of this market is expected to continue as businesses prioritize sustainable, functional, and aesthetically pleasing flooring solutions for their commercial spaces.
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Mannington Mills Inc
Shaw Hard Surface
Mohawk Group
Abbey Carpet Company Inc
AstroTurf LLC
Beaulieu Group LLC
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Commercial Soft Covering Flooring Market
Carpet Tiles
Vinyl Sheets
Laminate Flooring
Engineered Wood
Polypropylene
Commercial Offices
Retail Spaces
Hospitality Industry
Educational Institutions
Healthcare Facilities
Corporate Sector
Small and Medium Enterprises (SMEs)
Hospitality and Leisure
Healthcare Providers
Government and Public Sector
Patterned Flooring
Textured Options
Solid Colors
Customizable Designs
Eco-friendly and Sustainable Options
Water Resistance
Stain Resistance
Sound Absorption
Slip Resistance
Easy Maintenance and Cleaning
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Commercial Soft Covering Flooring Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Commercial Soft Covering Flooring Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Commercial Soft Covering Flooring Market, By Type
6. South Korea Commercial Soft Covering Flooring Market, By Application
7. South Korea Commercial Soft Covering Flooring Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Commercial Soft Covering Flooring Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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