Germany Flooring Market Size & Outlook, 2023-2030
Germany flooring market, 2018-2030 (US$M)
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Germany flooring market highlights
- The Germany flooring market generated a revenue of USD 10,835.9 million in 2023 and is expected to reach USD 14,783.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.5% 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.
Flooring market data book summary
| Market revenue in 2023 | USD 10,835.9 million |
| Market revenue in 2030 | USD 14,783.1 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 6.9% of the global flooring market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany flooring market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 7,912.4 million by 2030.
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Flooring Market Scope
Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 48.34% in 2023. Horizon Databook has segmented the Germany flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
The forecast for the German construction sector in 2024 is negative. As per a study released by the German Institute for Economic Research (DIW) in January 2024, the construction volume in Germany is expected to decline by 3.5% by the end of 2024. The rise in costs and interest rates have negatively affected the construction sector.
The recovery of the housing sector is expected to show some growth, which, in turn, is expected to propel the demand for flooring in the country. Furthermore, the growth of commercial and industrial sectors in the country is related to investments from the private sector, which, in turn, has a direct connection with overall economic growth.
Increasing industrial production and significant public investments in the country are projected to positively impact the growth of commercial and industrial sectors and eventually benefit the flooring market.
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Target buyers of Germany 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 country-level data and insights on the Germany flooring market , including forecasts for subscribers. This country databook contains high-level insights into Germany flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany flooring market size, by application, 2018-2030 (US$M)
Germany Flooring Market Outlook Share, 2023 & 2030 (US$M)
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