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 Kahrs Holding AB, Tuscan Flooring, Woodpecker Flooring, Furlong Flooring, Mohawk Industries, Inc.., and Ted Todd Fine Wood Floors among others.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 UK ENGINEERED WOOD FLOORING MARKET, BY APPLICATION
1.2 UK ENGINEERED WOOD FLOORING MARKET, BY END-USER
1.3 UK ENGINEERED WOOD FLOORING MARKET, BY DISTRIBUTION CHANNEL

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP DOWN &BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING COMMERCIAL CONSTRUCTION IN THE UK
- 4.2.2 RAPID GROWTH IN THE ONLINE SALES CHANNELS
- 4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 FLUCTUATIONS IN THE PRICES OF RAW MATERIALS
- 4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
- 4.4.1 GROWING DEMAND FOR SUSTAINABLE MATERIALS
4.5 IMPACT ANALYSIS OF COVID-19 ON UK ENGINEERED WOOD FLOORING MARKET
- 4.5.1 IMPACT ON PRODUCTION
- 4.5.2 IMPACT ON RAW MATERIAL AVAILABILITY
- 4.5.3 IMPACT ON ONLINE VS ONLINE SALES
- 4.5.4 IMPACT ON PRICING

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLY
- 5.1.2 MANUFACTURING
- 5.1.3 SALES & DISTRIBUTION
- 5.1.4 END-USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 UK ENGINEERED WOOD FLOORING MARKET, BY APPLICATION

6.1 OVERVIEW
6.2 FLOORING
6.3 DECKING
6.4 CLADDING

7 UK ENGINEERED WOOD FLOORING MARKET, BY END-USER

7.1 OVERVIEW
7.2 RESIDENTIAL
7.3 COMMERCIAL
7.4 INDUSTRIAL

8 UK ENGINEERED WOOD FLOORING MARKET, BY DISTRIBUTION CHANNEL

8.1 OVERVIEW
8.2 ONLINE
8.3 OFFLINE

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 COMPETITIVE BENCHMARKING
9.3 KEY PLAYERS MARKET SHARE ANALYSIS

10 COMPANY PROFILES

10.1 KAHRS HOLDING AB
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 PRODUCTS OFFERINGS
- 10.1.3 FINANCIAL DETAILS
- 10.1.4 SWOT ANALYSIS
- 10.1.5 KEY STRATEGIES
10.2 MOHAWK INDUSTRIES, INC.(QUICK-STEP BY UNILIN GROUP)
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 PRODUCTS OFFERINGS
- 10.2.3 FINANCIAL DETAILS
- 10.2.4 SWOT ANALYSIS
- 10.2.5 KEY STRATEGIES
10.3 TUSCAN FLOORING
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 PRODUCTS OFFERINGS
- 10.3.3 SWOT ANALYSIS
- 10.3.4 KEY STRATEGIES
10.4 ELKA WOODEN FLOORING
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 PRODUCTS OFFERINGS
- 10.4.3 SWOT ANALYSIS
- 10.4.4 KEY STRATEGIES
10.5 WOODPECKER FLOORING
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 PRODUCTS OFFERINGS
- 10.5.3 SWOT ANALYSIS
- 10.5.4 KEY STRATEGIES
10.6 ATKINSON & KIRBY
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 PRODUCTS OFFERINGS
- 10.6.3 SWOT ANALYSIS
- 10.6.4 KEY STRATEGIES
10.7 FURLONG FLOORING
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 PRODUCTS OFFERINGS
- 10.7.3 SWOT ANALYSIS
- 10.7.4 KEY STRATEGIES
10.8 TED TODD FINE WOOD FLOORS
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 PRODUCTS OFFERINGS
- 10.8.3 SWOT ANALYSIS
- 10.8.4 KEY STRATEGIES
10.9 BRITISH HARDWOODS
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 PRODUCTS OFFERINGS
- 10.9.3 SWOT ANALYSIS
- 10.9.4 KEY STRATEGIES
10.10 OTHER COMPANIES

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS 21
TABLE 2 KAHRS 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 KAHRS HOLDING AB: FINANCIALS 41
FIGURE 21 KAHRS 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