Asia Pacific Flooring Market Size & Outlook, 2023-2030
Asia Pacific flooring market, 2018-2030 (US$M)
Related Markets
Asia Pacific flooring market highlights
- The Asia Pacific flooring market generated a revenue of USD 7,185.6 million in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 7,185.6 million |
| Market revenue in 2030 | USD 10,000.7 million |
| Growth rate | 4.8% (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 |
| Key market players worldwide | Mohawk Industries Inc, Tarkett SA, Forbo Holding AG, Interface Inc, James Halstead PLC, Atlas Copco AB ADR |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 4.6% of the global flooring market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 88,717.4 million by 2030.
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Flooring Market Scope
Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 47.47% in 2023. Horizon Databook has segmented the Asia Pacific flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is one of the largest consumers of flooring products in the world. Factors such as increasing investments in the development of affordable housing units and smart cities, as well as in the upgrade of existing infrastructures and the construction of new ones, are anticipated to fuel the demand for these products in the region.
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Target buyers of Asia Pacific flooring market databook
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Our clientele includes a mix of 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 continent-level data and insights on the Asia Pacific flooring market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific flooring market size, by country, 2018-2030 (US$M)
Asia Pacific Flooring Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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