Germany Commercial Flooring Market Size & Outlook
Germany commercial flooring market, 2018-2030 (US$M)
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Germany commercial flooring market highlights
- The Germany commercial flooring market generated a revenue of USD 5,116.4 million in 2022 and is expected to reach USD 6,968.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.9% 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 5,116.4 million |
| Market revenue in 2030 | USD 6,968.3 million |
| Growth rate | 3.9% (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, Germany accounted for 3.8% 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 |
|---|
Germany 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 26.37% in 2022. Horizon Databook has segmented the Germany 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.
Carpets emerged as the largest product segment, in terms of revenue share, in 2022, and the segment is anticipated to grow at a moderate CAGR over the forecast period. Furthermore, Germany has set a few stringent requirements for the chemical substances used for manufacturing carpets, which may hinder product demand in the coming years.
Small hand-woven carpets are increasingly used for wall decoration, which offers opportunities for the soft covering market. The presence of the Renewable Energy Sources Act is expected to boost the demand for commercial flooring products over the forecast period.
German companies, including Geflor, offer vinyl flooring products with high post-industrial recycled content (up to 70%) and post-consumer content of 5% to 10%. Therefore, flooring companies, including Geflor and IVC, are focusing on the development of products with high recycling ability.
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Target buyers of Germany 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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Germany commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany commercial flooring market size, by product, 2018-2030 (US$M)
Germany Commercial Flooring Market Share, 2022 & 2030 (US$M)
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