Asia Pacific Commercial Flooring Market Size & Outlook
Asia Pacific commercial flooring market, 2018-2030 (US$M)
Related Markets
Asia Pacific commercial flooring market highlights
- The Asia Pacific commercial flooring market generated a revenue of USD 61,458.2 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, ceramics was the largest revenue generating product in 2022.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 61,458.2 million |
| Market revenue in 2030 | USD 93,108.8 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| Fastest growing segment | Other Products |
| 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 |
| Key market players worldwide | Armstrong Flooring Inc, RPM International Inc, Interface Inc, Forbo Holding AG, James Halstead PLC, Noxel Corp, Amtico International, Congoleum, Gerflor Group, Mohawk Industries Inc, Mannington Mills, Inc., Nora systems, TOLI |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 46.1% of the global commercial flooring market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 93,108.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Commercial Flooring Market Scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 31.65% in 2022. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific is one of the largest consumers of flooring products in the world. Factors such as increasing investment in smart city construction, upgrades and construction of infrastructure, and investment in the tourism sector are expected to boost the demand for flooring products over the forecast period.
China dominates the Asia Pacific flooring market in terms of consumption owing to increased demand from non-residential applications. Well-established service industry, extensively developed manufacturing industry, and government initiatives to develop social infrastructure such as schools, colleges, and hospitals are expected to positively impact the market over the forecast period.
Countries across the region are investing in IT parks, which are anticipated to augment the growth of the commercial flooring market. In February 2022, Bangladesh awarded the contract for the construction of eight IT parks to Larsen & Toubro (L&T).
Reasons to subscribe to Asia Pacific commercial flooring market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific commercial flooring market databook
-
Our clientele includes a mix of commercial flooring market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific commercial flooring market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific commercial flooring market size, by country, 2018-2030 (US$M)
Asia Pacific Commercial Flooring Market Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
