Market revenue in 2022 | USD 230.3 million |
Market revenue in 2030 | USD 336.5 million |
Growth rate | 4.9% (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 |
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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 27.92% in 2022. Horizon Databook has segmented the Slovakia 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 Slovak economy registered a GDP growth of 1.7% in 2022 compared to 2021. The below chart depicts the monthly indices of production of construction in the country from March 2022 to March 2023. Investments in the commercial sector are expected to benefit the commercial flooring market in the country in the long term.
For instance, in August 2021, Panattoni and investor Accolade commenced the construction of 20,000 square meters building in Panattoni Park Košice Airport. The building is expected to be built as per BREEAM ‘Excellent’ standards.
The economic growth of Slovakia is anticipated to fall and reach around 1.5% by the end of 2023 owing to the Russia-Ukraine War, however, it is projected to pick up to 2% in 2024. The country is welcoming refugees from Ukraine, which is expected to strain its administrative and financial infrastructure.
Horizon Databook provides a detailed overview of country-level data and insights on the Slovakia commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Slovakia commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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