North America Commercial Flooring Market Size & Outlook
North America commercial flooring market, 2018-2030 (US$M)
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North America commercial flooring market highlights
- The North America commercial flooring market generated a revenue of USD 16,635.6 million in 2022.
- The market is expected to grow at a CAGR of 3.8% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 16,635.6 million |
| Market revenue in 2030 | USD 22,480.6 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Carpet |
| Fastest growing segment | Vitrified (Porcelain) |
| 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, North America region accounted for 12.5% 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 |
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North America 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 36.39% in 2022. Horizon Databook has segmented the North America 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 commercial flooring market in North America is expected to witness significant growth over the coming years on account of increasing construction of commercial buildings in the region. The market is witnessing a rapid shift toward the domestic production of flooring products such as ceramic tiles, carpet, wood, and laminates.
Many European companies such as Amtico International, Flowcrete, and Forbo Flooring have invested in the North American market owing to the abundant raw material availability and a huge customer base.
The Tile Council of North America (TCNA) is involved in the expansion of ceramic tiles industry in the region. According to the Environmental Product Declaration (EPD) by TCNA, ceramic tiles have the lowest environmental impact per square foot compared to other flooring options.
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Target buyers of North America 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America commercial flooring market, including forecasts for subscribers. This continent databook contains high-level insights into North America commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America commercial flooring market size, by country, 2018-2030 (US$M)
North America Commercial Flooring Market Share, 2022 & 2030 (US$M)
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