Vietnam Commercial Flooring Market Size & Outlook
Vietnam commercial flooring market, 2018-2030 (US$M)
Related Markets
Vietnam commercial flooring market highlights
- The Vietnam commercial flooring market generated a revenue of USD 1,087.6 million in 2022 and is expected to reach USD 1,683.1 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, ceramics 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 1,087.6 million |
| Market revenue in 2030 | USD 1,683.1 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| 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, Vietnam accounted for 0.8% 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 Asia Pacific, China commercial flooring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,619.0 million by 2030.
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Commercial Flooring Market Scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Vietnam 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 36.43% in 2022. Horizon Databook has segmented the Vietnam 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.
- Vietnam Commercial Flooring Product Outlook (Revenue, USD Million, 2018-2030)
- Ceramics
- Vitrified (Porcelain)
- Carpet
- Vinyl
- LVT
- Linoleum & Rubber
- Wood & Laminate
- Natural Stone
- Other Products
- Vietnam Commercial Flooring End Use Outlook (Revenue, USD Million, 2018-2030)
- Commercial Buildings
- Institutional Buildings
- Industrial Buildings
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Target buyers of Vietnam 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 Vietnam commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Vietnam commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Vietnam commercial flooring market size, by product, 2018-2030 (US$M)
Vietnam Commercial Flooring Market Share, 2022 & 2030 (US$M)
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