U.S. Sports Flooring Market: Introduction

Transparency Market Research delivers key insights on the U.S. sports flooring market. In terms of revenue, the U.S. sports flooring market is estimated to expand at a CAGR of 6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the U.S. sports flooring market.

The U.S. sports flooring market is broadly affected by factors including rise in environmental concerns. According to the World Health Organization, air pollution is the one of the key environmental threats to human health. Nine out of 10 people in the world breathe polluted air, causing more than 7 million premature deaths every year. The pollution caused during manufacture, installation, and disposal of sporting flooring is adversely affecting the environment as well as human health. This is expected to hinder the U.S. sports flooring market during the forecast period.

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U.S. Sports Flooring Market – Scope of Report

The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the U.S. sports flooring market in order to accurately gauge its future growth. The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for the growth of the U.S. sports flooring market so as to identify growth opportunities for market stakeholders. The report also provides insightful information about how the U.S. sports flooring market would expand during the forecast period of 2021 to 2031.

U.S. Sports Flooring Market: Country Overview

In 2020, two factors affected the U.S. sports industry significantly: the COVID-19 pandemic and the social justice movement. Increase in awareness about health and rise in governmental policies to promote physical activities are anticipated to drive the overall physical activity market in the country. The U.S. sports flooring market was valued at US$ 3079.9 Mn in 2020. Its total volume stood at 128.84 million square meters. The U.S. sports flooring market is projected to be valued at US$ 5792.17 Mn. with total volume of 235.17 million square meters by 2031.

U.S. Sports Flooring Market: Key Players

The degree of competition was high in the U.S. sports flooring market, as large numbers of players operated in the market in 2020. Multinational and national players operate in the market. These are well-established companies with presence in the U.S. Scale of operations, brand value, and readiness to adapt to changing market dynamics determine the profitability and market share of players.

Key players operating in the U.S. sports flooring market are Tarkett, LG Hausys Ltd., Bauwerk Boen Group, Mats Inc., SnapSports Athletic Surfaces, Conica AG, Aacer Flooring, LLC, Kiefer USA, Flexcourt Athletics, KLIKFLEX Flooring, Rephouse Ltd, and Flexcourt Athletics.

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U.S. Sports Flooring Market: Segmentation

U.S. Sports Flooring Market, by Product Type

• PVC Flooring
• Wood Flooring
• Polyurethane Flooring
• Rubber Flooring
• Polypropylene Flooring
• Artificial Turf Flooring
• Others (Synthetic/Acrylic Flooring and HDPE Flooring)

U.S. Sports Flooring Market, by Application

• Outdoor
• Indoor

U.S. Sports Flooring Market, by End Use

• Commercial
• Residential

U.S. Sports Flooring Market, by Sports

• Track Field
• Football
• Basketball
• Volleyball
• Badminton
• Tennis
• Gym, Dance Aerobic Studio
• Others (Cycling, Table Tennis, Boxing, Bowling, Squash, Kabaddi, and Wrestling)

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U.S. Sports Flooring Market: Dynamics

The increase in the demand for sports flooring in the U.S. for use in various applications such as indoor sports, and outdoor sports is anticipated to drive the U.S. sports flooring market during the forecast period. There has been a significant rise in indoor sports activities in the U.S. over the past few years. These activities include basketball, martial arts, boxing, table tennis, badminton, volleyball, and gymnastics.

A major portion of the population in the U.S. is spending significantly on gym, yoga, Zumba, and dance activities. According to the International Health, Racquet Sportsclub Association, more than US$ 30 Bn is spent annually on the health and fitness industry in the U.S. The industry has been expanding at least 3% to 4% annually since the past 10 years. This trend is likely to continue in the near future. This is expected to boost the sports flooring market in the U.S.

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