Europe Commercial Flooring Market Size & Outlook, 2022-2030
Europe commercial flooring market, 2018-2030 (US$M)
Related Markets
Europe commercial flooring market highlights
- The Europe commercial flooring market generated a revenue of USD 27,170.1 million in 2022.
- The market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, carpet was the largest revenue generating product in 2022.
- Linoleum & Rubber is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Ukraine is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 27,170.1 million |
| Market revenue in 2030 | USD 39,343.0 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Carpet |
| 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 |
| 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, Europe region accounted for 20.4% 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.
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Commercial Flooring Market Scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 23.13% in 2022. Horizon Databook has segmented the Europe 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.
Increasing demand for luxury hotels and other commercial spaces in European countries is one of the key drivers for the commercial flooring market. Nearly all mid-sized and large cities such as Lisbon, Porto, Paris, Berlin, Frankfurt, Milan, and Madrid are witnessing an increase in luxury real estate investment.
For instance, in Milan, a 53,000 square meter ‘The Portico at City Life’ project is under construction. This project consists of the construction of two buildings linked to each other by an arcade. Furthermore, the renovation of buildings in Europe is anticipated to create numerous opportunities for flooring vendors.
As per the European Parliament report, over 90% of the buildings in Europe were built before 1990 and over 40% before 1960, thus, several buildings require renovation and reconstruction. The Northern and Western European regions have more old buildings compared to other regions.
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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 continent-level data and insights on the Europe commercial flooring market, including forecasts for subscribers. This continent databook contains high-level insights into Europe commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe commercial flooring market size, by country, 2018-2030 (US$M)
Europe Commercial Flooring Market Share, 2022 & 2030 (US$M)
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