Czech Republic Commercial Flooring Market Size & Outlook
Czech Republic commercial flooring market, 2018-2030 (US$M)
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Czech Republic commercial flooring market highlights
- The Czech Republic commercial flooring market generated a revenue of USD 409.9 million in 2022 and is expected to reach USD 634.0 million by 2030.
- The Czech Republic market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, wood & laminate 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 409.9 million |
| Market revenue in 2030 | USD 634.0 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Wood & laminate |
| 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, Czech Republic accounted for 0.3% 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 Europe, Germany commercial flooring market is projected to lead the regional market in terms of revenue in 2030.
- Ukraine is the fastest growing regional market in Europe and is projected to reach USD 351.7 million by 2030.
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Commercial Flooring Market Scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Czech Republic 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.
Wood & laminate was the largest segment with a revenue share of 21.52% in 2022. Horizon Databook has segmented the Czech Republic 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.
According to the World Bank, the country’s economic growth was at 2.5% compared to 3.6% growth in 2021. As of 2022, the country is yet to reach the pre-COVID-19 level. However, economic growth is going to pick up owing to the rising investments by the government and private players in various industries such as construction and tourism, which is expected to propel the demand for commercial flooring products in the country.
The government of the country is planning to provide EUR 1.4 billion (USD 1.5 billion) to finance renovation programs to increase the energy efficiency of public buildings including social care and childcare facilities.
This plan is expected to boost the demand for commercial flooring products in the country. The construction of large commercial projects is expected to augment the growth of the construction industry, which is going to positively impact the demand for commercial flooring products.
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Target buyers of Czech Republic 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 Czech Republic commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Czech Republic commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Czech Republic commercial flooring market size, by product, 2018-2030 (US$M)
Czech Republic Commercial Flooring Market Share, 2022 & 2030 (US$M)
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