U.S. Commercial Flooring Market Size & Outlook, 2022-2030
U.S. commercial flooring market, 2018-2030 (US$M)
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U.S. commercial flooring market highlights
- The U.S. commercial flooring market generated a revenue of USD 9,633.5 million in 2022 and is expected to reach USD 12,603.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.4% from 2023 to 2030.
- In terms of segment, carpet 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 9,633.5 million |
| Market revenue in 2030 | USD 12,603.6 million |
| Growth rate | 3.4% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 7.2% 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 North America, U.S. commercial flooring market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,990.1 million by 2030.
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Commercial Flooring Market Scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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.
Carpet was the largest segment with a revenue share of 42.93% in 2022. Horizon Databook has segmented the U.S. 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 expansion of the commercial construction industry is expected to be a key contributor to the rapid growth of the flooring market in the country. According to the Tile Council of North America, the total U.S. ceramic tile consumption in 2022 was 3.07 billion square feet, down by 1.3% compared to 2021 owing to rising mortgage rates, supply chain issues, inflation, and labor shortages.
In 2022, the country imported 2.18 billion square feet of ceramic tiles, which was 6.4% lower compared to 2021. This trend is expected to hamper the ceramic tiles market in the country over the forecast period. Global lumber prices are at an all-time high, which has led to an increase in the prices of hardwood flooring materials.
In addition, a 25% tariff on the import of flooring products, such as ceramic tiles, hardwood lumber, and vinyl flooring, originating from China is likely to restrict the product supply to some extent. However, the availability of several other exporting countries is expected to compensate for the supply shortage.
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Target buyers of U.S. 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 U.S. commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into U.S. commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. commercial flooring market size, by product, 2018-2030 (US$M)
U.S. Commercial Flooring Market Share, 2022 & 2030 (US$M)
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