Portugal Commercial Flooring Market Size & Outlook
Portugal commercial flooring market, 2018-2030 (US$M)
Related Markets
Portugal commercial flooring market highlights
- The Portugal commercial flooring market generated a revenue of USD 254.4 million in 2022 and is expected to reach USD 380.1 million by 2030.
- The Portugal market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, ceramics 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 254.4 million |
| Market revenue in 2030 | USD 380.1 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| 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, Portugal accounted for 0.2% 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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Portugal 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 19.06% in 2022. Horizon Databook has segmented the Portugal 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 European Commission, the year-on-year GDP growth of the Portuguese economy was 6.7%, reporting its highest growth since 1990. However, the economic growth plummeted by 8.4% in 2020 owing to the pandemic.
Steady construction output is a positive aspect for the commercial flooring market to expand in the country over the forecast period. The below chart depicts Portugal’s monthly indices for production in construction in 2022.
The output of construction increased in August 2022 by over 1.6%. However, the rise in building material costs is expected to slightly impact the commercial flooring demand in the country over the short term.
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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 Portugal commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Portugal commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Portugal commercial flooring market size, by product, 2018-2030 (US$M)
Portugal Commercial Flooring Market Share, 2022 & 2030 (US$M)
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