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Global Non-Resilient Flooring Market | Rapid Growth in Residential Construction to Boost Market Growth | Technavio

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The global non-resilient flooring market size is poised to grow by 1240.00 million m2 during 2020-2024, progressing at a CAGR of over 2% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

The non-resilient flooring market is driven by the rapid growth in residential construction. Emerging economies such as China, India, and countries in South-East Asia in APAC recorded strong construction activity in the last few years. In India, the implementation of the RERA in 2017 has boosted investments in the residential sector. Also, significant budget allocations by the Indian government for the development of smart cities will raise demand for non-resilient flooring during the forecast period. South-East Asian countries such as Singapore, Malaysia, Indonesia, Philippines, Thailand, and Vietnam, including Hong Kong, also reported robust residential construction activity. Construction activity also expanded at a moderate rate across developed economies, including the US and Western Europe

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Report Highlights:

  • The major non-resilient flooring market growth came from the ceramics segment in 2019 and is expected to witness the fastest growth during the next five years.
  • APAC was the largest non-resilient flooring market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to the increasing construction activities in countries.
  • The global non-resilient flooring market is fragmented. Armstrong Flooring Inc., Crossville Inc., Forbo Holding AG, Gerflor Group, Milliken & Co., Mohawk Industries Inc., PORCELANOSA Grupo AIE, R.A.K Ceramics PJSC, Shaw Industries Group Inc., and Tarkett Group. are some of the major market participants. To help clients improve their market position, this non-resilient flooring market forecast report provides a detailed analysis of the market leaders.
  • As the business impact of COVID-19 spreads, the global non-resilient flooring market 2020-2024 is expected to have negative growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Growing Popularity of Engineered Hardwood Floors will be a Key Market Trend

Engineered hardwood flooring products are becoming highly popular, especially in the US, Western Europe, and other developed markets, as they have several benefits over the solid hardwood flooring. Engineered hardwood is produced by incorporating a thin layer of natural wood over a dimensionally stable plywood base and requires less wood during production. The plywood base in engineered hardwood flooring offers higher moisture resistance compared to solid hardwood flooring while providing innate properties of wood such as temperature insulation. Rapid advancements in floor printing technology have enabled vendors such as Mohawk Industries and Mannington Mills to offer engineered hardwood flooring products in a wide range of designs. Thus, the growth of engineered hardwood flooring is expected to boost demand for wood flooring, which augurs well for the global non-resilient flooring market during the forecast period.

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Non-resilient Flooring Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist non-resilient flooring market growth during the next five years
  • Estimation of the non-resilient flooring market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the non-resilient flooring market
  • Analysis of the markets competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of non-resilient flooring market vendors

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View market snapshot before purchasing

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five force summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product by Volume

  • Market segments
  • Comparison by Product by volume
  • Ceramics – Market size and forecast 2019-2024
  • Wood and laminates – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Product by volume

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Armstrong Flooring Inc.
  • Crossville Inc.
  • Forbo Holding AG
  • Gerflor Group
  • Milliken & Co.
  • Mohawk Industries Inc.
  • PORCELANOSA Grupo AIE
  • R.A.K Ceramics PJSC
  • Shaw Industries Group Inc.
  • Tarkett Group

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

News

HKGSEO Provides Free Website SEO Analysis and Consulting Services

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HONG KONG SAR – Media OutReach – 5 January 2021 – The COVID-19 epidemic has lasted for nearly a year. The sharp fall in the street traffic has been affecting core shopping districts everywhere. In addition, under the “Anti-epidemic Fund”, the Innovation and Technology Commission (ITC) launched the ” Distance Business (D-Biz) Programme subsidy. Increasing number of large and medium-sized enterprises have turned to the online market, setting up websites and opening online shops, in an effort to open up online sales channels to recover some of their businesses during the epidemic.

 

As many companies are not familiar with website technology, website optimization and SEO promotion are often ignored. In fact, SEO is one of the highest ROI of many online marketing channels and it is worthy of a long-term investment.

 

HKGSEO has performed SEO for more than 500 enterprises, with the SEO process bringing considerable traffic and sales to the companies. Leveraging on their years of experience, they now provide free website analysis (worth HK$2,000) for all content types. Here are some website analysis projects HKGSEO has engaged in:

 

CMS Web Content Management System

 

We recommend using the most popular CMS in the market to build a website. Well-known CMS such as WordPress, Wix, Shopline, and Shopify will make it easier to manage web content and make the website easier to crawl and index by search engines.

 

HKGSEO hence cautions against web design companies that use their own CMS. Generally speaking, these websites are not SEO friendly. For example, they might have undesirable attributes such as duplicate page titles, dynamic URLs, or category pages that cannot update new content, etc. These attributes are disadvantageous to implementing SEO plans, which ultimately leads to the redesigning of the entire website, resulting in a much higher cost.

 

SSL Website Security Certificate

 

If your website does not have an SSL certificate (HTTPS) installed, it will be marked as an insecure website by the browser, which will adversely affect the credibility and conversion rate. SSL should be installed immediately to protect customer information, especially for e-commerce websites. There are some free SSLs available on the market, such as Let’s Encrypt, with paid premium certificates recommendation by online shops.

 

Mobile Version of The Website

 

The latest personal computer and Internet penetration survey published by the Census and Statistics Department shows that more than 5.97 million people in Hong Kong have mobile phones, and 99.7% of the users access the Internet on smartphones, higher than those connected to computers or other devices. Besides, Google has launched the Mobile-First Indexing mobile version of content priority indexing. If your website does not have a mobile version, the ranking will be poor and a lot of traffic will be lost.

 

Website Loading Speed

 

According to research, more than 68% of viewers will leave a website when it takes more than 3 seconds to open. The main reason for the slow loading is the use of shared hosting or non-local hosting. Switching to local hosting, SSD or CDN can effectively improve the loading speed.

 

Website Content

 

Is the website content of high quality? Does it answer the questions of potential consumers? To build up the content, some corporate websites have piled up keywords, and some have published blog articles regularly. However the content of the articles is sometimes plagiarized from news media. Plagiarism makes search engines recognize the overall website quality as low, which will in turn affect the ranking.

 

Websites and online shops are platforms that promote businesses. An optimized website will reward twice the results with half the effort of both online and offline marketing campaigns combined.

 

Please log onto www.hkgseo.com, fill in the website, email and contact number, and our network promotion experts will reply within one working day and arrange a free SEO analysis and consultation.

 

About HKGSEO

HKGSEO focuses on website SEO services. It is founded and operated by former Google employees. The company is based in Hong Kong and has branches in Shenzhen, Singapore and Australia. It is committed to providing affordable, one-stop digital marketing solutions for small and medium-sized enterprises. Digital marketing solutions include: SEO, SEM, social media promotion and web design, etc.

 

Website (Chinese):www.hkgseo.com

Website (English):www.hkgdigital.com

Email:[email protected]

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Royal SPA Hotel was rated as “China’s Five-Star Hot Spring”

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HONG KONG SAR – Media OutReach – 5 January 2021 – Developed by Gudou Holdings Limited, Royal SPA Hotel has won the highest honor of “China’s Five-Star Hot Spring” among “China’s Star Graded Hot Spring” hotels.

[View Image]

  [View Image]

Royal SPA Hotel has been awarded the honor of “China’s Star Graded Hot Spring”(left) and the “China’s Five-Star Hot Spring” award plaque(right).

 

With the extraordinary royal garden features, elegant and pleasant natural scenery and unique appearance, Royal SPA Hotel has been awarded the honor of “China’s Star Graded Hot Spring” and the “China’s Five-Star Hot Spring” award plaque at the 7th China Hot Spring Tourism Promotion Season Series Activities and the 3rd International Conference on Hot Springs and Climate-Aligned Wellness Tourism in China hosted by the Hot Spring Tourism Branch of China Tourism Association and Chongqing Hot Spring Tourism Industry Association in November 2020.

The star rating standard for hot spring tourism enterprises is based on the “Star Classification and Evaluation of Hot Spring Tourism Enterprises” (LB/T016-2017) issued by the former National Tourism Administration, which stipulates the star classification conditions, service quality and operation specifications of hot spring tourism enterprises. According to the overall requirements, hot spring water area, housekeeping, catering, other service items, public and logistics areas and other evaluation content, hot spring enterprises are divided into one to five stars, with five stars being the highest.

Royal SPA Hotel is located in Gudou Hot Spring Resort, a national AAAA-level tourist area. Gudou Hot Spring Resort has six themed hotel complexes. In addition to the Royal SPA Hotel, there are also Hot Spring Villa Hotel, Mountain Seaview Hotel, Joyful Hotel, Gudou Lakeview Tulip Inn Hotel and Yuequan Huju Hotel. In addition to Hot Spring Valley, the largest hot spring area in the town, consisting of 62 public hot spring pools. There are also recreational facilities such as the World of Mountain Spring Water Planet Galaxy Beach, the glass bridge, the boat rowing around the lake, and the mountain cable car.

 

About Gudou Holdings Limited

Gudou Holdings is a hot spring resort and hotel operator and a tourism property developer in the People’s Republic of China (“PRC”). It principally engages in (i) the operation and management of the hot spring resort and hotel facilities of Gudou Hot Spring Resort, which is a national AAAA-level tourist area, and provision of consultancy and/or management services; and (ii) the development and sale of tourism properties in Guangdong Province. The “Gudou” brand is a well-known brand of integrated hot spring resort in the PRC. Gudou Holdings operates six theme hotel complexes, namely Royal Spa Hotel, Hot Spring Villa Hotel, Mountain Seaview Hotel, Joyful Hotel, Gudou Lakeview Tulip Inn Hotel and Yuequan Huju Hotel together with a variety of leisure and recreational facilities, including hot spring facilities, hotels, commercial stores, food and beverages outlets, recreational waterpark, a spa centre, a conference centre, parks, tourist attractions and other ancillary leisure and recreational facilities.

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NHK WORLD-JAPAN to explore Mega-Tsunami

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10 years after: First-hand footage, insights, eyewitness reports

 

TOKYO, JAPAN – Media OutReach – 5 January 2021 – NHK WORLD-JAPAN, the 24-hour international English-language TV channel from Japan’s public broadcaster NHK, will show an exclusive 2-part series on the devastating tsunami which shocked the world.

 [View Image]

On March 11, 2011 at 2:46 pm, an M9 earthquake off the Pacific coast of Japan triggered a huge tsunami, flooding 650 km of coastline, destroying many cities and towns and claiming the lives of over 18,000 victims. With footage filmed at the centre of the disaster, the documentary “3/11 – The Tsunami” will give a first-hand look into people’s experiences on that day and the hardships they were faced in the aftermath.

 

The footage filmed in 2011 and 2012 by NHK and eyewitnesses in the disaster-hit areas have been collected and edited together in chronological order to convey the impact of this unprecedented disaster, which crushed buildings and cars and led to nuclear meltdowns at the Fukushima Daiichi power plant.

 

Episode 1 focuses on the first three days while episode 2 covers the first year after the disaster. The series also serves as a valuable lesson: In the event of a powerful tsunami, what action can be taken to survive?

 

“3/11 – The Tsunami” on NHK WORLD-JAPAN

Episode 1: The First 3 Days

January 9th 1:10 / 7:10 / 13:10 / 19:10 / January 15th 20:00 (UTC)

Episode 2: The First Year

January 16th 1:10 / 7:10 / 13:10 / 19:10 / January 22nd 20:00 (UTC)

 

https://www3.nhk.or.jp/nhkworld/en/tv/worldprime/20210109/3016087/

About NHK WORLD-JAPAN

NHK (Japan Broadcasting Corporation) is Japan’s sole public broadcaster, operating the nation’s largest domestic and international television network. In Japan, NHK broadcasts six TV channels including 4K and 8K along with three radio stations. NHK also transmits two international television channels, NHK WORLD-JAPAN (English, HD, 24/7) and NHK WORLD PREMIUM (Japanese, HD, 24/7), as well as international radio services in 18 languages.

NHK WORLD-JAPAN reaches over 380 million households in 160 countries and regions via local satellite and cable TV providers. Online live streaming and VOD (video-on-demand) services through the free mobile app and the website give viewers access to NHK WORLD-JAPAN anywhere and anytime. You can also connect with our programs through Apple TV and Amazon Fire TV. Presenting an extensive range of Asia-centred programming, NHK WORLD-JAPAN is your window to Japan, Asia, and the rest of the world. For more details, visit https://nhk.jp/world

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