Russia Commercial Flooring Market Size & Outlook, 2022-2030
Russia commercial flooring market, 2018-2030 (US$M)
Related Markets
Russia commercial flooring market highlights
- The Russia commercial flooring market generated a revenue of USD 2,422.5 million in 2022 and is expected to reach USD 4,816.8 million by 2030.
- The Russia market is expected to grow at a CAGR of 9% from 2023 to 2030.
- In terms of segment, linoleum & rubber was the largest revenue generating product in 2022.
- LVT 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 2,422.5 million |
| Market revenue in 2030 | USD 4,816.8 million |
| Growth rate | 9% (CAGR from 2022 to 2030) |
| Largest segment | Linoleum & rubber |
| Fastest growing segment | LVT |
| 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, Russia accounted for 1.8% 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 |
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Russia 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.
Linoleum & rubber was the largest segment with a revenue share of 26.59% in 2022. Horizon Databook has segmented the Russia 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 construction sector in Russia is projected to grow moderately over the forecast period. In the recent past, the country has benefited from construction activities related to the football world cup and several commercial projects.
The football world cup cost around USD 14.00 billion to the government and resulted in the construction of new transport facilities, hotels, and other infrastructure. The government of Russia was working on urban development projects including parks, squares, and other public spaces.
It allocated around USD 96.00 billion to develop existing ports, railways, airports, highways, and other transport infrastructure by 2024. New Moscow Development is another ambitious project planned by the government to expand the city by 1,500 square kilometers, which is further anticipated to boost the growth of the commercial sector over the forecast period.
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Target buyers of Russia 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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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 country-level data and insights on the Russia commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Russia commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia commercial flooring market size, by product, 2018-2030 (US$M)
Russia Commercial Flooring Market Share, 2022 & 2030 (US$M)
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