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Global Floor Grinding Machines Market: By Head Type: One and Two Head, Three and Four Head, Others; By Application: Marble and Granite, Concrete, Others; By End-User: Residential, Non-Residential; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Floor Grinding Machines Market Outlook
The global floor grinding machines market attained a value of about USD 284.1 million in 2021. The market is further expected to grow at a CAGR of 3.40% during the forecast period of 2022-2027 to reach nearly USD 347.2 million by 2027.
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Rise in Construction Activities to Boost the Market Growth of Floor Grinding Machines
The global market for floor grinding machines is being led by the spur in residential and non-residential construction in the recent years owing to large-scale urbanisation and industrialisation. Floor grinding machines are primarily engineered to grind and polish marbles, granite, limestone, and concrete floors.
These machines are popularly used to improve the aesthetics of the construction. As a result of inflating disposable incomes, there has been a significant rise in residential commercial projects and focus on interiors and aesthetics, owing to which the demand for floor grinding machines is invigorating the growth of the market.
Furthermore, with the focus on industrialisation in major developing nations, the development of non-residential buildings, such as offices and malls, are boosting the market of floor grinding machines. In addition to this, ease of operability, durability, and enhanced efficiency in operations are some of the factors that are pushing the growth of the market.
Floor Grinding Machines: Market Segmentation
Floor grinding machines are referred to equipment that are used in the construction sector to polish and grind concrete marble, granite, and concrete flooring. These machines are fitted with abrasive pads at the bottom of the device that aids in grinding the surface.
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On the basis of head type, the market can be divided into:
- One and Two Head
- Three and Four Head
- Others
Based on application, the market can be categorised into:
- Marble and Granite
- Concrete
- Others
The market, based on end-user, can be segmented into:
- Residential
- Non-Residential
The EMR report looks into the regional markets of floor grinding machines like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Growing Popularity of Concrete Floors to Propel the Market Growth of Floor Grinding Machines
On the basis of application, the market is anticipated to be driven by the concrete segment.This can be associated with the popularity of concrete floors, mainly in residential construction, owing to its inexpensiveness, durability, and long life. Floor grinding machines are popularly used to remove stains and spills, help create a level and promote a smooth surface, polish the floor, and repair cracks, among others. These factors are thus boosting the growth of the market.
However, ongoing developments in product designs are aimed at designing products that can work on a variety of floor designs, thereby stimulating the market growth. Moreover, marble floors are also widely used in non-residential applications, such as offices, hospitals, airports, and malls, among others, to polish the marble surface to restore shine and remove scratches, which is another factor providing impetus to the market.
Key Industry Players in the Global Floor Grinding Machines Market
The report presents a detailed analysis of the following key players in the global floor grinding machines market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- Achilli S.r.l.
- Fujian Xingyi Polishing Machine Co., Ltd.
- Husqvarna AB
- Klindex S.r.l.
- Tyrolit Construction Products Gmbh
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Head Type, Application, End-User, Region |
| Breakup by Head Type | One and Two Head, Three and Four Head, Others |
| Breakup by Application | Marble and Granite, Concrete, Others |
| Breakup by End-User | Residential, Non-Residential |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Achilli S.r.l., Fujian Xingyi Polishing Machine Co., Ltd., Husqvarna AB, Klindex S.r.l., Tyrolit Construction Products Gmbh, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Floor Grinding Machines Market Analysis
8.1 Key Industry Highlights
8.2 Global Floor Grinding Machines Historical Market (2017-2021)
8.3 Global Floor Grinding Machines Market Forecast (2022-2027)
8.4 Global Floor Grinding Machines Market by Head Type
8.4.1 One and Two Head
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Three and Four Head
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Floor Grinding Machines Market by Application
8.5.1 Marble and Granite
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Concrete
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Others
8.6 Global Floor Grinding Machines Market by End-User
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Non-Residential
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 Global Floor Grinding Machines Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Achilli S.r.l.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Fujian Xingyi Polishing Machine Co., Ltd.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Husqvarna AB
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Klindex S.r.l.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Tyrolit Construction Products Gmbh
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Floor Grinding Machines Market: Key Industry Highlights, 2017 and 2027
2. Global Floor Grinding Machines Historical Market: Breakup by Head Type (USD Million), 2017-2021
3. Global Floor Grinding Machines Market Forecast: Breakup by Head Type (USD Million), 2022-2027
4. Global Floor Grinding Machines Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Floor Grinding Machines Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Floor Grinding Machines Historical Market: Breakup by End-User (USD Million), 2017-2021
7. Global Floor Grinding Machines Market Forecast: Breakup by End-User (USD Million), 2022-2027
8. Global Floor Grinding Machines Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Floor Grinding Machines Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Floor Grinding Machines Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Floor Grinding Machines Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Floor Grinding Machines Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Floor Grinding Machines Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Floor Grinding Machines Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Floor Grinding Machines Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Floor Grinding Machines Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Floor Grinding Machines Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Floor Grinding Machines Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Floor Grinding Machines Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global Floor Grinding Machines Market Structure
Key Questions Answered in the Report
The global floor grinding machines market attained a value of nearly USD 284.1 million in 2021.
The market is projected to grow at a CAGR of 3.40% in the forecast period of 2022-2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 347.2 million by 2027.
The market is being driven by the rise in residential and non-residential construction activities in major developed and developing nations owing to industrialisation and urbanisation.
The market is expected to be defined by the technological innovations in the industry over the forecast period.
The major regional markets for floor grinding machines are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The major head types of floor grinding machines are one and two head, and three and four head, among others.
The different applications of floor grinding machines are marble and granite, and concrete, among others.
The significant end-users of floor grindings machines are residential and non-residential.
The major players in the industry are Achilli S.r.l., Fujian Xingyi Polishing Machine Co., Ltd., Husqvarna AB, Klindex S.r.l., and Tyrolit Construction Products Gmbh, among others.
Analyst Review
The global floor grinding machines market attained a value of about USD 284.1 million in 2021, driven by the flourishing construction sector. Aided by the growing demand for aesthetics, the market is expected to grow at a CAGR of 3.40% in the forecast period of 2022-2027 to reach nearly USD 347.2 million by 2027.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on head type, the market can be categorised into one and two head, and three and four head, among others. On the basis of application, the market can be segmented into marble and granite, and concrete, among others. The market, based on end-user, can be divided into residential and non-residential. The major regional markets for floor grinding machines are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are Achilli S.r.l., Fujian Xingyi Polishing Machine Co., Ltd., Husqvarna AB, Klindex S.r.l., and Tyrolit Construction Products Gmbh, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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