Market revenue in 2022 | USD 17.6 million |
Market revenue in 2030 | USD 351.7 million |
Growth rate | 45.4% (CAGR from 2022 to 2030) |
Largest segment | Wood & laminate |
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.
Wood & laminate was the largest segment with a revenue share of 27.84% in 2022. Horizon Databook has segmented the Ukraine 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.
Russia’s invasion of Ukraine has negatively impacted the supply of various commodities and this situation has led to a severe price rise in basic commodities. Furthermore, the United Nations Conference on Trade and Development (UNCTAD) has confirmed that the price rise will impact the global economy.
According to the World Bank Group, the war shrunk Ukraine’s economy by 45% in 2022. The magnitude of this contraction was attributed to the intensity and length of the war. According to an analysis from the Kyiv School of Economics, the cost of damage caused to Ukraine’s infrastructure by the war reached USD 147.5 billion, as of April 2023.
Residential & multi-family buildings, airports, schools, healthcare institutions, factories & warehouses, agriculture sector, and thermal power & hydroelectric power plants have been damaged or destroyed. Such devastation is largely expected to cause turmoil in the economy over the long term.
Horizon Databook provides a detailed overview of country-level data and insights on the Ukraine commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Ukraine commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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