Spain Commercial Flooring Market Size & Outlook, 2022-2030
Spain commercial flooring market, 2018-2030 (US$M)
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Spain commercial flooring market highlights
- The Spain commercial flooring market generated a revenue of USD 2,322.2 million in 2022 and is expected to reach USD 3,320.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.6% 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 2,322.2 million |
| Market revenue in 2030 | USD 3,320.5 million |
| Growth rate | 4.6% (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, Spain accounted for 1.7% 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 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 |
|---|
Spain 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 18.13% in 2022. Horizon Databook has segmented the Spain 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 Spanish economy registered a growth of 5.5% in 2022. The government is investing significantly in energy-efficient buildings, which is expected to propel the demand for commercial flooring products in the country.
For instance, in November 2021, the government brought a recovery and resilience plan worth EUR 69.5 billion (~USD 76.71 billion), of which EUR 7.8 billion (~USD 8.61 billion) is to renovate and make residential and commercial buildings more energy efficient. The below chart depicts the monthly indices for production in construction for Spain for the year 2022.
Rising expenditure for the development of new aircraft in Spain is expected to fuel the demand for tufted carpets over the forecast period. Furthermore, the robust infrastructure of tourist destinations in Spain is expected to play an important role in increasing the usage of flooring products in leisure and hotel applications over the forecast period.
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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 country-level data and insights on the Spain commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Spain commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain commercial flooring market size, by product, 2018-2030 (US$M)
Spain Commercial Flooring Market Share, 2022 & 2030 (US$M)
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