North America Flooring Market Size & Outlook, 2023-2030
North America flooring market, 2018-2030 (US$M)
Related Markets
North America flooring market highlights
- The North America flooring market generated a revenue of USD 37,863.3 million in 2023.
- The market is expected to grow at a CAGR of 4.3% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 37,863.3 million |
| Market revenue in 2030 | USD 50,885.3 million |
| Growth rate | 4.3% (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, North America region accounted for 24.1% 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 |
|---|
North America 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 54.18% in 2023. Horizon Databook has segmented the North America flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
The flooring market in North America is expected to witness significant growth over the coming years on account of the increasing construction of residential and commercial buildings in the region. The market is witnessing a rapid shift toward the domestic production of flooring products, such as ceramic tiles, carpets, wood, and laminate.
Many Italian companies are increasingly investing in the North American market, owing to the abundant raw material availability and a huge customer base. The Tile Council of North America (TCNA) is involved in expanding the ceramic tiles industry in the region.
According to the Environmental Product Declaration (EPD) by TCNA, ceramic tiles have the lowest environmental impact per square foot compared to other flooring options. This can be attributed to the fact that market players are involved in reducing water consumption and CO2 emissions in ceramic tile production plants.
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Target buyers of North America 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America flooring market , including forecasts for subscribers. This continent databook contains high-level insights into North America flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America flooring market size, by country, 2018-2030 (US$M)
North America Flooring Market Outlook Share, 2023 & 2030 (US$M)
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