SPRING SUMMER 21/22 Virtual Engagement & Financial Performance
Global Flooring Opportunity
Global Flooring Market (2020)
- USD 290 Bn
~5% CAGR
Addressable Global Market for Welspun (2020)
- USD 20 Bn
◆ 50% Broadloom
USA
$10 Bn
Market
◆ 25% Carpet Tiles
→ 25% LVT
Asia Pacific
131, 45%
USA
116, 40%
Europe
$7.5 Bn
Market
Europe
29, 10%
Others
14,05%
40% Broadloom
◆ 35% Carpet tiles
◆ 25% LVT
Addressable Indian Market
Overall Indian Flooring market is around ₹ 50,000 crores & growing,
of which 90% is for new construction and 10% is renovation.
Addressable market in India is ~ *6,000 Crores
◆ Higher Disposable Income & Industrialization to remain key drivers
Source: Floor Covering Weekly (July 2020), Ceramic World Review (Aug/Oct 2020), and Company Estimates
welspunindia.com
APAC
$3 Bn
Market
15% Broadloom
◆ 35% Carpet tiles
◆ 50% LVT
♦ With China + 1 strategy being followed by global market, export
opportunity has opened up for countries like India.
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