Australia Commercial Flooring Market Size & Outlook
Australia commercial flooring market, 2018-2030 (US$M)
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Australia commercial flooring market highlights
- The Australia commercial flooring market generated a revenue of USD 1,530.9 million in 2022 and is expected to reach USD 2,261.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 5% from 2023 to 2030.
- In terms of segment, carpet was the largest revenue generating product in 2022.
- Vitrified (Porcelain) is the most lucrative product segment registering the fastest growth during the forecast period.
Commercial flooring market data book summary
| Market revenue in 2022 | USD 1,530.9 million |
| Market revenue in 2030 | USD 2,261.2 million |
| Growth rate | 5% (CAGR from 2022 to 2030) |
| Largest segment | Carpet |
| Fastest growing segment | Vitrified (Porcelain) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Australia accounted for 1.1% of the global commercial flooring market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China commercial flooring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,619.0 million by 2030.
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Commercial Flooring Market Scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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.
Carpet was the largest segment with a revenue share of 25.57% in 2022. Horizon Databook has segmented the Australia 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.
Construction is one of the key industries in Australia. In 2022, construction industry generated nearly USD 360 billion in revenue, which was 9% of the country’s GDP. The growth in the construction industry is attributed to the expanding commercial construction activities, which is expected to propel the demand for flooring products over the forecast period.
In June 2021, the government announced AUD 1.15 billion (USD 0.85 billion) for constructing the new city center. This fund is expected to be used in laying the foundation of Bradfield city, sewage, water, and electricity network.
The city center is expected to become a hub of engineering, technology, and advanced manufacturing. This is expected to propel the demand for commercial flooring products over the forecast period. The growth of office construction in Australia can be attributed to the industrial development. According to reports by BIS Oxford Economics, commercial construction in the country is expected to grow at 10% over the forecast period.
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Target buyers of Australia 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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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 country-level data and insights on the Australia commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Australia commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia commercial flooring market size, by product, 2018-2030 (US$M)
Australia Commercial Flooring Market Share, 2022 & 2030 (US$M)
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