Global Commercial Flooring Market Size & Outlook, 2022-2030
Global commercial flooring market, 2018-2030 (US$M)
Related Markets
Global commercial flooring market highlights
- The global commercial flooring market generated a revenue of USD 133,417.6 million in 2022 and is expected to reach USD 193,924.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.8% by 2030.
- In terms of segment, ceramics accounted for a revenue of USD 33,732.5 million in 2022.
- Linoleum & Rubber is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Peru is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 133,417.6 million |
| Market revenue in 2030 | USD 193,924.2 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| Fastest growing segment | Linoleum & Rubber |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics, Vitrified (Porcelain), Carpet, Vinyl, LVT, Linoleum & Rubber, Wood & Laminate, Natural Stone, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 12.5% of the global commercial flooring market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Peru is the fastest growing regional market and is projected to reach USD 691.6 million by 2030.
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Commercial Flooring Market Scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial flooring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial flooring market will help companies and investors design strategic landscapes.
Ceramics was the largest segment with a revenue share of 25.28% in 2022. Horizon Databook has segmented the Global commercial flooring market based on ceramics, vitrified (porcelain), carpet, vinyl, lvt, linoleum & rubber, wood & laminate, natural stone, other products covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Commercial Flooring Product Outlook (Revenue, USD Million, 2018-2030)
- Ceramics
- Vitrified (Porcelain)
- Carpet
- Vinyl
- LVT
- Linoleum & Rubber
- Wood & Laminate
- Natural Stone
- Other Products
- Global Commercial Flooring End Use Outlook (Revenue, USD Million, 2018-2030)
- Commercial Buildings
- Institutional Buildings
- Industrial Buildings
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Target buyers of Global commercial flooring market databook
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Our clientele includes a mix of commercial flooring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global commercial flooring market, including forecasts for subscribers. This global databook contains high-level insights into Global commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global commercial flooring market size, by regions, 2018-2030 (US$M)
Top 10 countries: Commercial flooring market size, 2022 (US$M)
Global commercial flooring market share, by product, 2022 & 2030 (%, US$M)
Commercial flooring market: Opportunity assessment by country
Global commercial flooring market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 16,481.0 | 16,723.4 | 15,956.9 | 16,197.0 | 16,635.6 | 17,197.4 | 17,802.0 | 18,452.7 | 19,153.0 | 19,907.0 | 20,719.0 | 21,593.9 | 22,480.6 | 3.8% |
| Europe | 26,861.0 | 27,350.1 | 26,380.6 | 26,921.7 | 27,170.1 | 27,818.1 | 28,938.0 | 30,212.3 | 31,664.7 | 33,335.2 | 35,284.1 | 37,210.0 | 39,343.0 | 4.7% |
| Asia Pacific | 57,482.0 | 58,767.1 | 57,270.5 | 59,012.4 | 61,458.2 | 64,418.8 | 67,615.1 | 71,068.4 | 74,802.2 | 78,842.5 | 83,218.4 | 87,961.9 | 93,108.8 | 5.3% |
| Latin America | 8,792.8 | 8,862.3 | 8,433.1 | 8,489.5 | 8,627.9 | 8,823.9 | 9,035.2 | 9,262.8 | 9,507.7 | 9,771.2 | 10,054.5 | 10,358.9 | 10,686.1 | 2.7% |
| MEA | 18,476.3 | 18,911.9 | 18,390.6 | 18,857.3 | 19,525.8 | 20,350.6 | 21,240.3 | 22,200.6 | 23,237.8 | 24,358.8 | 25,571.2 | 26,883.7 | 28,305.7 | 4.8% |
| Overall | 128,093.1 | 130,614.8 | 126,431.7 | 129,477.9 | 133,417.6 | 138,608.7 | 144,630.5 | 151,196.7 | 158,365.4 | 166,214.6 | 174,847.1 | 184,008.4 | 193,924.2 | 4.8% |
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