India Commercial Flooring Market Size & Outlook, 2022-2030
India commercial flooring market, 2018-2030 (US$M)
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India commercial flooring market highlights
- The India commercial flooring market generated a revenue of USD 6,287.7 million in 2022 and is expected to reach USD 10,619.0 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, ceramics was the largest revenue generating product in 2022.
- Wood & Laminate 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 6,287.7 million |
| Market revenue in 2030 | USD 10,619.0 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| Fastest growing segment | Wood & Laminate |
| 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, India accounted for 4.7% 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 |
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India 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 36.04% in 2022. Horizon Databook has segmented the India 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.
The flooring market is dominated by ceramic and natural stone tiles. Moreover, other flooring materials such as carpet, broadlooms, wood & laminate, rubber, and vinyl are gaining popularity on account of increasing preference for modern flooring products in the country.
In 2022, vinyl floorings accounted for over 3% of the overall consumption of flooring materials on account of their durability, resistance to abrasion, and low maintenance cost. The growth of the construction industry in India can be attributed to the public & private sector investment in the development of several commercial and infrastructure projects.
According to India Brand Equity Foundation, the Government of India, in its 2022–23 budget, allocated INR 10 lakh crore (USD 122 billion) to spur opportunities for private investment in infrastructure. The state governments are also investing in the construction of industrial parks.
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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 India commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into India commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India commercial flooring market size, by product, 2018-2030 (US$M)
India Commercial Flooring Market Share, 2022 & 2030 (US$M)
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