TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION xi
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Economic Performance 5
World Economic Outlook 7
World Demographic Overview 9
Population 9
Households 10
Personal Income Trends 12
World Building Construction Outlook 14
Residential 20
Nonresidential 21
World Motor Vehicle Outlook 23
Pricing Patterns 26
Technology Trends 29
Legal & Regulatory Environment 31
III. WORLD SUPPLY & DEMAND 35
General 35
World Carpet & Flooring Markets 36
Regional Demand 36
Demand by Product 43
Nonresilient Flooring 45
Ceramic 46
Wood 47
Laminate 48
Other 50
Resilient Flooring 51
Vinyl 52
Other 53
Carpets & Rugs 55
Tufted 56
Other 58
Demand by Market 59
Residential Buildings 61
Nonresidential Buildings 62
Transportation Equipment & Other 63
World Carpet & Flooring Production 64
International Trade Flows 67
IV. NORTH AMERICA 69
General 69
Supply & Demand 70
United States 74
Canada 80
Mexico 84
V. WESTERN EUROPE 90
General 90
Supply & Demand 91
Germany 96
France 101
United Kingdom 105
Italy 109
Spain 114
Netherlands 119
Belgium 123
Other Western Europe 127
Austria 132
Portugal 133
All Other 134
VI. ASIA/PACIFIC 135
General 135
Supply & Demand 137
China 142
Japan 148
South Korea 153
India 156
Australia 161
Other Asia/Pacific 165
Hong Kong 169
Indonesia 170
Thailand 171
All Other 171
VII. OTHER REGIONS 173
Latin America 173
Brazil 179
Other Latin America 183
Argentina 187
Colombia 187
All Other 188
Eastern Europe 189
Russia 194
Poland 198
Other Eastern Europe 202
Ukraine 207
Czech Republic 208
All Other 209
Africa/Mideast 210
Iran 215
Turkey 219
Other Africa/Mideast 223
Saudi Arabia 227
South Africa 228
All Other 229
VIII. INDUSTRY STRUCTURE 231
General 231
Industry Composition 232
Market Share 235
Nonresilient Flooring 238
Resilient Flooring 239
Carpets & Rugs 240
Product Development & Manufacturing 241
Marketing & Distribution 243
Cooperative Agreements 245
Mergers & Acquisitions 250
Financial Requirements 255
Company Profiles 256
AB Canada, see American Biltrite
Abingdon Flooring Limited 257
Alloc, see Berry Group
American Biltrite Incorporated 258
American Marazzi Tile, see Marazzi Gruppo Ceramiche
Armstrong World Industries Incorporated 263
Balta Industries NV 270
Balterio, see Balta Industries
Beaulieu Group LLC 273
Bentley Prince Street, see Interface
Berkshire Hathaway Incorporated 276
Berry Group 281
Bruce Hardwood Floors, see Armstrong World Industries
Candlewick Yarns, see Dixie Group
Carpets International United Kingdom, see Abingdon
Flooring
Ceramica San Lorenzo, see Etex Group
Collins & Aikman Corporation 284
Compania Roca Radiadores, see Corporacion
Empresarial Roca
Corporacion Empresarial Roca SA 287
Congoleum, see American Biltrite
Dal Italia, see Mohawk Industries
Dal-Tile International, see Mohawk Industries
Designweave Commercial Carpet, see Berkshire
Hathaway
Desso, see Armstrong World Industries
Dixie Group Incorporated 290
Domo NV 293
Ecoloc, see RPM International
Eliane Revestimentos Ceramicos 295
Etex Group SA 297
Fabrica International, see Dixie Group
Fibergrate Composite Structures, see RPM International
Floor Gres, see Florim Ceramiche
Florim Ceramiche SpA 299
Forbo Holding AG 301
Foshan Shiwan Huanqiu Ceramics, see Guangdong
Fotao Group
Gerflor 304
Guangdong Fotao Group Corporation Limited 307
Haima Group Corporation 308
Hartco Hardwood Floors, see Armstrong World
Industries
IDEAL Group NV 309
Incepa Revestimentos Ceramicos, see Corporacion
Empresarial Roca
Interceramic, see Internacional de Ceramica
Interface Incorporated 311
Internacional de Ceramica SA de CV 315
International Textile Group 317
Iris Ceramica SpA 318
Keramik Holding, see Corporacion Empresarial Roca
Kraus Carpet Mills Limited 320
Krono Holding AG 324
Kronotex Fussboden, see Krono Holding
Laufen Ceramic Tile, see Corporacion Empresarial Roca
Lear Corporation 326
Lees Carpet, see Mohawk Industries
Legato Carpet System, see Milliken
Malaysian Mosaics Berhad 328
Mannington Mills Incorporated 330
Marazzi Gruppo Ceramiche SpA 335
Marley Floors, see Tarkett
Masland Carpets, see Dixie Group
McMahon (WG) Canada, see Kraus Carpet Mills
Milliken & Company 338
Misr American Carpet Mills, see Oriental
Weavers Group
MML Marketing, see Malaysian Mosaics Berhad
Mohawk Industries Incorporated 341
Monarch Ceramic Tile, see Marazzi Gruppo Ceramiche
Opoczno SA 349
Oriental Weavers Group 350
Orotex, see Berry Group
Pergo AB 353
Recubrimientos Interceramic, see Internacional de
Ceramica and Mohawk Industries
Rieter Holding Limited 358
Roca Ceramica, see Corporacion Empresarial Roca
RPM International Incorporated 360
Shaw Industries, see Berkshire Hathaway
Sound Floor Coverings, see Kraus Carpet Mills
Sphinx, see Oriental Weavers Group
Stonhard, see RPM International
Strudex Fibres, see Kraus Carpet Mills
Suminoe Textile Company Limited 364
Tangshan Huida Ceramic Group Company Limited 365
Tarkett AG 366
Terza, see Berkshire Hathaway
Tesserae Carpet System, see Milliken
TOLI Company Limited 371
United States Ceramic Tile, see Corporacion
Empresarial Roca
Villeroy & Boch AG 373
Welor Kerama Group, see Marazzi Gruppo Ceramiche
Other Companies Mentioned in Study 375
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I - EXECUTIVE SUMMARY
1 Summary Table 3
SECTION II - MARKET ENVIRONMENT
1 Gross Domestic Product by Region 8
2 Population by Region 10
3 Households by Region 12
4 Per Capita GDP by Region 14
5 Building Construction Expenditures by Region 16
6 Residential Building Construction Expenditures by Region 21
7 Nonresidential Building Construction Expenditures
by Region 23
8 World Motor Vehicle Production by Region 26
9 World Carpet & Flooring Pricing Patterns 28
SECTION III - WORLD SUPPLY & DEMAND
1 World Carpet & Flooring Demand by Region 38
2 World Carpet & Flooring Demand by Product 44
3 World Nonresilient Flooring Demand 45
4 World Resilient Flooring Demand 52
5 World Carpet & Rug Demand 56
6 World Carpet & Flooring Demand by Market 61
7 World Carpet & Flooring Shipments by Region 66
8 Carpet & Flooring Net Exports by Region 68
SECTION IV - NORTH AMERICA
1 North America - Economic Indicators 70
2 North America - Carpet & Flooring Supply & Demand 73
3 United States - Economic Indicators 75
4 United States - Carpet & Flooring Supply & Demand 79
5 Canada - Economic Indicators 81
6 Canada - Carpet & Flooring Supply & Demand 84
7 Mexico - Economic Indicators 86
8 Mexico - Carpet & Flooring Supply & Demand 89
SECTION V - WESTERN EUROPE
1 Western Europe - Economic Indicators 91
2 Western Europe - Carpet & Flooring Supply & Demand 95
3 Germany - Economic Indicators 97
4 Germany - Carpet & Flooring Supply & Demand 100
5 France - Economic Indicators 102
6 France - Carpet & Flooring Supply & Demand 104
7 United Kingdom - Economic Indicators 106
8 United Kingdom - Carpet & Flooring Supply & Demand 109
9 Italy - Economic Indicators 111
10 Italy - Carpet & Flooring Supply & Demand 114
11 Spain - Economic Indicators 116
12 Spain - Carpet & Flooring Supply & Demand 118
13 Netherlands - Economic Indicators 120
14 Netherlands - Carpet & Flooring Supply & Demand 122
15 Belgium - Economic Indicators 124
16 Belgium - Carpet & Flooring Supply & Demand 127
17 Other Western Europe - Economic Indicators 129
18 Other Western Europe - Carpet & Flooring Supply & Demand 132
SECTION VI - ASIA/PACIFIC
1 Asia/Pacific - Economic Indicators 137
2 Asia/Pacific - Carpet & Flooring Supply & Demand 141
3 China - Economic Indicators 143
4 China - Carpet & Flooring Supply & Demand 147
5 Japan - Economic Indicators 149
6 Japan - Carpet & Flooring Supply & Demand 152
7 South Korea - Economic Indicators 154
8 South Korea - Carpet & Flooring Supply & Demand 156
9 India - Economic Indicators 158
10 India - Carpet & Flooring Supply & Demand 160
11 Australia - Economic Indicators 162
12 Australia - Carpet & Flooring Supply & Demand 164
13 Other Asia/Pacific - Economic Indicators 166
14 Other Asia/Pacific - Carpet & Flooring Supply & Demand 169
SECTION VII - OTHER REGIONS
1 Latin America - Economic Indicators 175
2 Latin America - Carpet & Flooring Supply & Demand 178
3 Brazil - Economic Indicators 180
4 Brazil - Carpet & Flooring Supply & Demand 182
5 Other Latin America - Economic Indicators 184
6 Other Latin America - Carpet & Flooring Supply & Demand 186
7 Eastern Europe - Economic Indicators 190
8 Eastern Europe - Carpet & Flooring Supply & Demand 193
9 Russia - Economic Indicators 195
10 Russia - Carpet & Flooring Supply & Demand 198
11 Poland - Economic Indicators 200
12 Poland - Carpet & Flooring Supply & Demand 202
13 Other Eastern Europe - Economic Indicators 204
14 Other Eastern Europe - Carpet & Flooring Supply & Demand 207
15 Africa/Mideast - Economic Indicators 211
16 Africa/Mideast - Carpet & Flooring Supply & Demand 214
17 Iran - Economic Indicators 216
18 Iran - Carpet & Flooring Supply & Demand 218
19 Turkey - Economic Indicators 220
20 Turkey - Carpet & Flooring Supply & Demand 222
21 Other Africa/Mideast - Economic Indicators 224
22 Other Africa/Mideast - Carpet & Flooring Supply & Demand 227
SECTION VIII - INDUSTRY STRUCTURE
1 Revenue Data: Selected Carpet & Flooring
Manufacturers, 2003 234
2 Selected Cooperative Agreements 247
3 Selected Acquisitions & Divestitures 252
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II - MARKET ENVIRONMENT
1 World Building Construction Expenditures by Region, 2003 17
2 Relationship Between Per Capita Carpet & Flooring
Demand & Per Capita Building Construction Expenditures 19
3 World Carpet & Flooring Pricing Patterns 28
SECTION III - WORLD SUPPLY & DEMAND
1 World Carpet & Flooring Demand by Region, 2003 39
2 World Carpet & Flooring Demand - Projected 2003-2008
Annual Rate of Growth 41
3 Projected Growth & Level of Carpet & Flooring Demand
Relative to Building Construction Expenditures 42
4 World Carpet & Flooring Demand by Type, 2003 44
5 World Carpet & Flooring Demand by Market, 2003 61
6 World Carpet & Flooring Shipments by Region, 2003 66
SECTION VIII - INDUSTRY STRUCTURE
1 World Carpet & Flooring Market Share by Company, 2003 235
2 World Nonresilient Flooring Market Share by
Company, 2003 239
3 World Resilient Flooring Market Share by Company, 2003 240
4 World Carpet & Rug Market Share by Company, 2003 241