Japan Flooring Market Size & Outlook, 2023-2030
Japan flooring market, 2018-2030 (US$M)
Related Markets
Japan flooring market highlights
- The Japan flooring market generated a revenue of USD 7,592.2 million in 2023 and is expected to reach USD 10,269.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.4% 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 7,592.2 million |
| Market revenue in 2030 | USD 10,269.7 million |
| Growth rate | 4.4% (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, Japan accounted for 4.8% of the global flooring market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China 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 19,987.8 million by 2030.
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Flooring Market Scope
Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 47.01% in 2023. Horizon Databook has segmented the Japan flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Japan has witnessed significant growth in the past few years, owing to its ongoing industrial development and growing economy. Commercial and residential construction activities together accounted for a major share of the overall development of the construction industry in the country.
In addition, the adoption of new tools and construction technologies has accelerated the demand for improved building materials. As such, flooring products with varied types, colors, sizes, and finishes are gaining popularity in commercial and residential flooring applications in Japan.
The construction of offices, educational buildings, and healthcare facilities across the country is anticipated to contribute to the demand for building materials, especially flooring products.
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Target buyers of Japan 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 Japan flooring market , including forecasts for subscribers. This country databook contains high-level insights into Japan flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan flooring market size, by application, 2018-2030 (US$M)
Japan Flooring Market Outlook Share, 2023 & 2030 (US$M)
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