Global Aircraft Flooring Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2023-2030

The aircraft flooring market is projected to grow from USD 1.70 Billion in 2019 to USD 2.14 Billion by 2024, at a CAGR of 4.7% during the forecast period. The growth of the aircraft flooring market is driven by the increasing demand for wide-body aircraft and the growing commercial aviation industry.

The flooring systems in an aircraft play a vital role in providing thermal and acoustic comfort to the passengers. The aircraft flooring market comprises materials used for flooring in the cabin, lavatory, and galleys of an aircraft. The different types of materials used for aircraft flooring are carpet, galley flooring, lavatory flooring, and cabin flooring.

The carpet segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the wide usage of carpets in the aircraft cabin for providing thermal and acoustic comfort to the passengers. The wide-body aircraft segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the growing demand for wide-body aircraft from airlines and air cargo operators.

1. Global Aircraft Flooring Market: Overview

The global aircraft flooring market is expected to witness significant growth over the forecast period. The growth of the market is attributed to the increasing demand for aviation and air travel across the globe. The global aircraft flooring market is expected to be driven by the rising demand for light weight, comfortable, and durable flooring solutions in the commercial aviation sector.

The global aircraft flooring market is segmented on the basis of material, product, application, and geography. On the basis of material, the market is segmented into carpet, vinyl, and rubber. On the basis of product, the market is segmented into flooring tiles, flooring panels, and flooring sheets. On the basis of application, the market is segmented into passenger aircraft and cargo aircraft.

The global aircraft flooring market is expected to be driven by the growing demand for commercial aviation. The commercial aviation sector is projected to grow at a rapid pace owing to the increasing number of air passengers and air traffic. The growth of the commercial aviation sector is expected to fuel the demand for aircraft flooring.

The global aircraft flooring market is expected to be driven by the growing demand for light weight flooring solutions. The rising fuel costs and the need for fuel efficient aircraft are expected to fuel the demand for light weight flooring solutions. The light weight flooring solutions offer several benefits such as reduced fuel consumption and increased payload capacity.

The global aircraft flooring market is expected to be driven by the growing demand for comfortable and durable flooring solutions. The increasing number of air passengers and the need for comfortable and durable flooring solutions are expected to fuel the demand for aircraft flooring. The aircraft flooring products provide comfort and durability, which are the key factors expected to drive the market growth.

The global aircraft flooring market is expected to be driven by the growing demand for environment friendly flooring solutions. The aircraft flooring products are made from environment friendly materials such as recycled rubber and recycled vinyl. The recycled materials offer several benefits such as reduced carbon footprint and reduced environmental pollution.

2. Global Aircraft Flooring Market: Drivers and Restraints

The global aircraft flooring market is growing at a significant pace owing to the increasing air travel and the need for comfortable and luxurious interiors in the aircraft. The flooring of an aircraft plays an important role in the overall aesthetics and comfort of the aircraft. The flooring also plays an important role in the noise reduction and insulation of the aircraft.

The major drivers for the growth of the aircraft flooring market are the increasing air travel and the need for comfortable and luxurious interiors in the aircraft. The other drivers include the need for noise reduction and insulation in the aircraft and the growing preference for eco-friendly materials. The restraints for the growth of the aircraft flooring market are the high cost of the flooring materials and the stringent regulations for the installation of the flooring.

3. Global Aircraft Flooring Market: Segmentation

The global aircraft flooring market is anticipated to expand at a CAGR of around 6% during the forecast period of 2020-2025. The market is primarily driven by the growing demand for air travel and the expansion of the aviation industry. The growth of the aviation industry is further fueled by the rise in trade and tourism activities, which is resulting in the need for more aircrafts. Moreover, the increasing disposable incomes and the growing trend of low-cost carrier services are also some of the key factors driving the growth of the aircraft flooring market.

The aircraft flooring market is segmented based on material, application, and geography. On the basis of material, the market is divided into carpet, vinyl, and composite. The carpet segment is anticipated to grow at the highest CAGR during the forecast period. Carpet is widely used in aircrafts as it provides comfort and safety to the passengers. It also helps in reducing noise and vibration levels. Moreover, it is easy to clean and maintain, which is further augmenting the growth of this segment.

On the basis of application, the aircraft flooring market is classified into passenger aircraft and cargo aircraft. The passenger aircraft segment is anticipated to grow at the highest CAGR during the forecast period. The growing demand for air travel is the key factor driving the growth of this segment. Moreover, the expansion of the aviation industry is also resulting in the need for more passenger aircrafts, which is further fueling the growth of this segment.

Based on geography, the aircraft flooring market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to grow at the highest CAGR during the forecast period. The growing demand for air travel and the expansion of the aviation industry are the key factors driving the growth of the aircraft flooring market in this region. Moreover, the presence of major aircraft manufacturers in this region is also one of the key factors fueling the growth of the market.

4. Global Aircraft Flooring Market: Regional Outlook

The aircraft flooring market has been segmented on the basis of geography into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific is anticipated to grow at the highest CAGR during the forecast period due to the increasing demand for new aircraft and refurbishment of existing aircraft in the region.

The North American aircraft flooring market is expected to grow at a moderate pace during the forecast period owing to the presence of major aircraft manufacturers such as Boeing and Bombardier in the region. The European aircraft flooring market is projected to grow at a significant pace during the forecast period due to the increasing demand for new aircraft and refurbishment of existing aircraft in the region.

The Middle East & Africa aircraft flooring market is projected to grow at a moderate pace during the forecast period. The Latin American aircraft flooring market is expected to grow at a significant pace during the forecast period due to the increasing demand for new aircraft and refurbishment of existing aircraft in the region.

5. Global Aircraft Flooring Market: Competitive Landscape

The global aircraft flooring market is growing at a rapid pace and is highly competitive. The leading players in the market are constantly striving to gain market share through various strategies such as product innovation, mergers and acquisitions, and expansion into new markets.

The global aircraft flooring market is highly fragmented with the presence of a large number of small and medium-sized manufacturers. The leading players in the market are focusing on expanding their product portfolio and geographical reach to gain a competitive edge.

The following are the key trends observed in the global aircraft flooring market:

• The leading players in the market are investing heavily in research and development to develop innovative products.

• There is a growing demand for eco-friendly and recyclable aircraft flooring products.

• The leading players in the market are expanding their geographical reach to gain a competitive edge.

• There is a growing trend of outsourcing the production of aircraft flooring products to third-party manufacturers.

6. Global Aircraft Flooring Market: Company Profile

The global aircraft flooring market is expected to grow at a CAGR of around 5% during the forecast period of 2020-2025. Zodiac Aerospace is a leading player in the global aircraft flooring market. The company designs, manufactures, and sells aircraft flooring solutions for the commercial and business aviation segments. Its products are used in a wide range of aircraft, including wide-body, narrow-body, and regional jets.

Tarkett is another leading player in the global aircraft flooring market. The company offers a wide range of flooring products for the aviation industry, including carpets, vinyl flooring, and linoleum. Its products are used in a variety of aircraft, including narrow-body, wide-body, and regional jets.

Armstrong World Industries is another leading player in the global aircraft flooring market. The company offers a wide range of flooring products for the aviation industry, including carpets, vinyl flooring, and linoleum. Its products are used in a variety of aircraft, including narrow-body, wide-body, and regional jets.

Forbo Flooring Systems is another leading player in the global aircraft flooring market. The company offers a wide range of flooring products for the aviation industry, including carpets, vinyl flooring, and linoleum. Its products are used in a variety of aircraft, including narrow-body, wide-body, and regional jets.

Gerflor is another leading player in the global aircraft flooring market. The company offers a wide range of flooring products for the aviation industry, including carpets, vinyl flooring, and linoleum. Its products are used in a variety of aircraft, including narrow-body, wide-body, and regional jets.

7. Global Aircraft Flooring Market: Future Outlook

The global aircraft flooring market is expected to reach USD 1.31 billion by 2025, according to a new report by MWR. The demand for aircraft flooring is anticipated to be driven by the growth in the commercial aviation sector. The commercial aviation sector is projected to grow at a CAGR of 3.8% from 2016 to 2025.

The growth of the aviation industry is expected to be the key driver for the aircraft flooring market. The aviation industry is projected to grow at a CAGR of 4.5% from 2016 to 2025. The growth of the aviation industry is attributed to the rise in air travel and the increase in the number of airports.

The Asia Pacific region is expected to be the largest market for aircraft flooring. The region is projected to grow at a CAGR of 5.0% from 2016 to 2025. The growth of the Asia Pacific region is driven by the growth of the aviation industry in the region. The North American region is expected to be the second largest market for aircraft flooring. The region is projected to grow at a CAGR of 4.1% from 2016 to 2025. The growth of the North American region is driven by the growth of the aviation industry in the region.

The European region is expected to be the third largest market for aircraft flooring. The region is projected to grow at a CAGR of 3.2% from 2016 to 2025. The growth of the European region is driven by the growth of the aviation industry in the region.

The aircraft flooring market is segmented on the basis of type, application, and region.

• On the basis of type, the aircraft flooring market is segmented into carpet, vinyl, and rubber. The carpet segment is expected to be the largest market for aircraft flooring. The carpet segment is projected to grow at a CAGR of 4.5% from 2016 to 2025.
• On the basis of application, the aircraft flooring market is segmented into wide-body aircraft, narrow-body aircraft, and regional aircraft. The wide-body aircraft segment is expected to be the largest market for aircraft flooring.