PUBLISHER: BIS Research | PRODUCT CODE: 1657957
PUBLISHER: BIS Research | PRODUCT CODE: 1657957
Asia-Pacific Low-Carbon Flooring Market: Focus on Low-Carbon Flooring Applications and Products - Analysis and Forecast, 2024-2033
Introduction to Asia-Pacific Low-Carbon Flooring Market
The Asia-Pacific low-carbon flooring market was valued at $15.06 billion in 2024, and it is expected to grow at a CAGR of 8.62% and reach $31.71 billion by 2033. Due to strict government regulations encouraging sustainable building materials and growing environmental consciousness, the APAC Low-Carbon Flooring Market is expanding quickly. In order to fulfill their commitments to sustainability and carbon reduction, businesses and consumers are increasingly selecting eco-friendly flooring. Technological developments have increased accessibility and affordability, which has increased market uptake even more.
Market Introduction
| KEY MARKET STATISTICS | |
|---|---|
| Forecast Period | 2024 - 2033 |
| 2024 Evaluation | $15.06 Billion |
| 2033 Forecast | $31.71 Billion |
| CAGR | 8.62% |
The market for low-carbon flooring in Asia is expanding rapidly as the region concentrates on minimizing the negative effects of construction on the environment. Low-carbon flooring options are becoming more popular among consumers and businesses as part of their green building initiatives as a result of growing awareness of sustainability and climate change. Stricter laws pertaining to energy efficiency and carbon emissions have made low-carbon flooring a popular option for building projects, particularly in the commercial, industrial, and residential sectors.
New flooring materials that are both economical and environmentally friendly have been created as a result of technological developments. These include flooring options that reduce carbon footprints without sacrificing performance, such as those made from natural fibers, bio-based products, and recycled materials. Additionally, the rising popularity of green building certifications like LEED (Leadership in Energy and Environmental Design) and WELL is fueling demand for low-carbon flooring options.
Energy-efficient, environmentally friendly building materials are more important than ever as APAC's urbanization rate rises. The market is expanding as a result of government policies and incentives that promote the use of sustainable materials. As more companies prioritize sustainability and lessen their environmental impact in line with global green building trends, the APAC low-carbon flooring market is expected to grow.
Market Segmentation:
Segmentation 1: by End-Use Industry
- Residential
- Non-Residential
Segmentation 2: by Material Type
- Linoleum
- Wood
- Cork
- Bamboo
- Stone
- Others
Segmentation 3: by Design Type
- Sheets
- Carpet
- Blocks and Tiles
Segmentation 4: by Type
- Virgin Products
- Recycled Solutions
Segmentation 5: by Region
- Asia-Pacific: China, Japan, India, South Korea, Australia and Rest-of-Asia-Pacific
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different applications and products of Asia-Pacific low-carbon flooring market. The market is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of the importance of low-carbon flooring. Therefore, the low-carbon flooring business is a high-investment and high-revenue generating model.
Growth/Marketing Strategy: The Asia-Pacific low-carbon flooring market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development.
Competitive Strategy: The key players in the Asia-Pacific low-carbon flooring market analyzed and profiled in the study include professionals with expertise in the flooring industry. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled in the report have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent names in this market are:
- BUILDSTAR PROJECTS PVT. LIMITED
- CFL Holding Limited
- NOX CORP
Table of Contents
Executive Summary
Scope and Definition
1 Markets
- 1.1 Trends: Current and Future Impact Assessment
- 1.1.1 Trend: Overview
- 1.1.2 Construction Industry Overview
- 1.1.3 Embodied Carbon Reduction Efforts
- 1.2 Supply Chain Overview
- 1.2.1 Value Chain Analysis
- 1.2.2 Pricing Forecast
- 1.3 Research and Development Review
- 1.3.1 Patent Filing Trend (by Country, Company)
- 1.4 Regulatory Landscape
- 1.4.1 Country-Specific Flooring Standards
- 1.4.2 ASTM Standards and Specifications
- 1.4.3 Impact of UN SDG Adoptions on the Construction Industry
- 1.4.4 End User and Buying Criteria
- 1.5 Market Dynamics Overview
- 1.5.1 Market Drivers
- 1.5.1.1 Consumer Demand for Sustainable Products
- 1.5.1.2 Corporate Sustainability Initiatives
- 1.5.2 Market Restraints
- 1.5.2.1 Supply Chain Challenges
- 1.5.3 Market Opportunities
- 1.5.3.1 Innovation in Materials and Designs
- 1.5.3.2 Integration with Smart Home Technologies
- 1.5.1 Market Drivers
2 Regions
- 2.1 Regional Summary
- 2.2 Asia-Pacific
- 2.2.1 Regional Overview
- 2.2.2 Driving Factors for Market Growth
- 2.2.3 Factors Challenging the Market
- 2.2.4 Application
- 2.2.5 Product
- 2.2.6 China
- 2.2.7 Japan
- 2.2.8 India
- 2.2.9 South Korea
- 2.2.10 Australia
- 2.2.11 Rest-of-Asia-Pacific
3 Markets - Competitive Benchmarking & Company Profiles
- 3.1 Next Frontiers
- 3.1.1 BUILDSTAR PROJECTS PVT. LIMITED
- 3.1.1.1 Overview
- 3.1.1.2 Top Products/Product Portfolio
- 3.1.1.3 Top Competitors
- 3.1.1.4 Target Customers
- 3.1.1.5 Key Personnel
- 3.1.1.6 Analyst View
- 3.1.2 NOX CORP.
- 3.1.2.1 Overview
- 3.1.2.2 Top Products/Product Portfolio
- 3.1.2.3 Top Competitors
- 3.1.2.4 Target Customers
- 3.1.2.5 Key Personnel
- 3.1.2.6 Analyst View
- 3.1.3 CFL Holding Limited
- 3.1.3.1 Overview
- 3.1.3.2 Top Products/Product Portfolio
- 3.1.3.3 Top Competitors
- 3.1.3.4 Target Customers
- 3.1.3.5 Key Personnel
- 3.1.3.6 Analyst View
- 3.1.1 BUILDSTAR PROJECTS PVT. LIMITED
4 Research Methodology
- 4.1 Data Sources
- 4.1.1 Primary Data Sources
- 4.1.2 Secondary Data Sources
- 4.1.3 Data Triangulation
- 4.2 Market Estimation and Forecast
List of Figures
- Figure 1: Asia-Pacific Low-Carbon Flooring Market (by End-Use Industry), 2023, 2026, and 2033
- Figure 2: Asia-Pacific Low-Carbon Flooring Market (by Material Type), 2023, 2026, and 2033
- Figure 3: Asia-Pacific Low-Carbon Flooring Market (by Design Type), 2023, 2026, and 2033
- Figure 4: Asia-Pacific Low-Carbon Flooring Market (by Type), 2023, 2026, and 2033
- Figure 5: Low-Carbon Flooring Market, Recent Developments
- Figure 6: Supply Chain and Risks within the Supply Chain
- Figure 7: Low-Carbon Flooring Market, Pricing Forecast, ($USD/per square foot), 2023.2027, and 2033
- Figure 8: Low-Carbon Flooring Market (by Country), January 2021-December 2023
- Figure 9: Low-Carbon Flooring Market (by Company), January 2021-December 2023
- Figure 10: Impact Analysis of Market Navigating Factors, 2024-2033
- Figure 11: China Low-Carbon Flooring Market, $Million, 2023-2033
- Figure 12: Japan Low-Carbon Flooring Market, $Million, 2023-2033
- Figure 13: India Low-Carbon Flooring Market, $Million, 2023-2033
- Figure 14: South Korea Low-Carbon Flooring Market, $Million, 2023-2033
- Figure 15: Australia Low-Carbon Flooring Market, $Million, 2023-2033
- Figure 16: Rest-of-Asia-Pacific Low-Carbon Flooring Market, $Million, 2023-2033
- Figure 17: Strategic Initiatives, 2021-2024
- Figure 18: Share of Strategic Initiatives, 2021-2024
- Figure 19: Data Triangulation
- Figure 20: Top-Down and Bottom-Up Approach
- Figure 21: Assumptions and Limitations
List of Tables
- Table 1: Market Snapshot
- Table 2: Opportunities across Regions
- Table 3: Low-Carbon Flooring Market (by Region), $Million, 2023-2033
- Table 4: Asia-Pacific Low-Carbon Flooring Market (by End-Use Industry), $Million, 2023-2033
- Table 5: Asia-Pacific Low-Carbon Flooring Market (by Material Type), $Million, 2023-2033
- Table 6: Asia-Pacific Low-Carbon Flooring Market (by Design Type), $Million, 2023-2033
- Table 7: Asia-Pacific Low-Carbon Flooring Market (by Type), $Million, 2023-2033
- Table 8: China Low-Carbon Flooring Market (by End-Use Industry), $Million, 2023-2033
- Table 9: China Low-Carbon Flooring Market (by Material Type), $Million, 2023-2033
- Table 10: China Low-Carbon Flooring Market (by Design Type), $Million, 2023-2033
- Table 11: China Low-Carbon Flooring Market (by Type), $Million, 2023-2033
- Table 12: Japan Low-Carbon Flooring Market (by End-Use Industry), $Million, 2023-2033
- Table 13: Japan Low-Carbon Flooring Market (by Material Type), $Million, 2023-2033
- Table 14: Japan Low-Carbon Flooring Market (by Design Type), $Million, 2023-2033
- Table 15: Japan Low-Carbon Flooring Market (by Type), $Million, 2023-2033
- Table 16: India Low-Carbon Flooring Market (by End-Use Industry), $Million, 2023-2033
- Table 17: India Low-Carbon Flooring Market (by Material Type), $Million, 2023-2033
- Table 18: India Low-Carbon Flooring Market (by Design Type), $Million, 2023-2033
- Table 19: India Low-Carbon Flooring Market (by Type), $Million, 2023-2033
- Table 20: South Korea Low-Carbon Flooring Market (by End-Use Industry), $Million, 2023-2033
- Table 21: South Korea Low-Carbon Flooring Market (by Material Type), $Million, 2023-2033
- Table 22: South Korea Low-Carbon Flooring Market (by Design Type), $Million, 2023-2033
- Table 23: South Korea Low-Carbon Flooring Market (by Type), $Million, 2023-2033
- Table 24: Australia Low-Carbon Flooring Market (by End-Use Industry), $Million, 2023-2033
- Table 25: Australia Low-Carbon Flooring Market (by Material Type), $Million, 2023-2033
- Table 26: Australia Low-Carbon Flooring Market (by Design Type), $Million, 2023-2033
- Table 27: Australia Low-Carbon Flooring Market (by Type), $Million, 2023-2033
- Table 28: Rest-of-Asia-Pacific Low-Carbon Flooring Market (by End-Use Industry), $Million, 2023-2033
- Table 29: Rest-of-Asia-Pacific Low-Carbon Flooring Market (by Material Type), $Million, 2023-2033
- Table 30: Rest-of-Asia-Pacific Low-Carbon Flooring Market (by Design Type), $Million, 2023-2033
- Table 31: Rest-of-Asia-Pacific Low-Carbon Flooring Market (by Type), $Million, 2023-2033
- Table 32: Market Share, 2023
