Global Flooring Market Size & Outlook, 2023-2030
Global flooring market, 2018-2030 (US$M)
Related Markets
Global flooring market highlights
- The global flooring market generated a revenue of USD 157,356.0 million in 2023 and is expected to reach USD 219,423.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, residential accounted for a revenue of USD 78,732.3 million in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 157,356.0 million |
| Market revenue in 2030 | USD 219,423.9 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Residential |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
Other key industry trends
- In terms of revenue, the North America accounted for 24.1% of the global flooring market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 10,732.6 million by 2030.
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Flooring Market Scope
Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 flooring market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 50.03% in 2023. Horizon Databook has segmented the Global flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Flooring Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Non-Residential
- Others
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Our clientele includes a mix of flooring market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global flooring market , including forecasts for subscribers. This global databook contains high-level insights into Global flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global flooring market size, by region, 2018-2030 (US$M)
Top 10 countries: Flooring market size, 2023 (US$M)
Global flooring market share, by application, 2023 & 2030 (%, US$M)
Flooring market: Opportunity assessment by country
Global flooring market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 19,817.6 | 20,052.1 | 19,156.4 | 19,356.9 | 19,745.3 | 20,267.7 | 20,828.9 | 21,431.4 | 22,078.2 | 22,772.3 | 23,517.2 | 24,316.7 | 25,175.0 | 2.8% |
| Europe | 56,904.2 | 58,195.0 | 56,351.8 | 57,751.7 | 58,484.5 | 60,152.9 | 62,915.8 | 66,058.4 | 69,641.2 | 73,763.9 | 78,576.9 | 83,376.1 | 88,717.4 | 4.8% |
| North America | 35,538.4 | 36,219.8 | 34,715.3 | 35,367.4 | 36,477.0 | 37,863.3 | 39,353.6 | 40,956.2 | 42,680.3 | 44,535.9 | 46,534.3 | 48,687.7 | 50,885.3 | 3.5% |
| MEA | 28,721.3 | 29,457.3 | 28,708.8 | 29,477.0 | 30,559.4 | 31,886.5 | 33,316.8 | 34,859.5 | 36,524.3 | 38,322.5 | 40,266.0 | 42,368.7 | 44,645.4 | 5.1% |
| Asia Pacific | 6,548.0 | 6,665.9 | 6,478.5 | 6,648.4 | 6,890.2 | 7,185.6 | 7,503.4 | 7,845.6 | 8,214.1 | 8,611.2 | 9,039.5 | 9,501.6 | 10,000.7 | 4.7% |
| Overall | 147,529.4 | 150,590.0 | 145,410.8 | 148,601.3 | 152,156.3 | 157,356.0 | 163,918.5 | 171,151.0 | 179,138.1 | 188,005.8 | 197,933.9 | 208,250.9 | 219,423.9 | 4.9% |
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