UK Flooring Market Size & Outlook, 2023-2030
UK flooring market, 2018-2030 (US$M)
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UK flooring market highlights
- The UK flooring market generated a revenue of USD 8,452.4 million in 2023 and is expected to reach USD 10,732.6 million by 2030.
- The UK market is expected to grow at a CAGR of 3.5% 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 8,452.4 million |
| Market revenue in 2030 | USD 10,732.6 million |
| Growth rate | 3.5% (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, UK accounted for 5.4% 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 |
|---|
UK 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 49.98% in 2023. Horizon Databook has segmented the UK flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
In addition, repair and maintenance work in the country rose by 10.2% for the same year, as a large proportion of the middleclass population is indulging in renovation activities rather than investing in buying new homes amid rising energy and building material costs in the country. These factors are expected to benefit the flooring market growth over the forecast period.
Moreover, the UK government has established various energy-efficiency legislations and initiatives, such as Energy Company Obligation (ECO), to reduce overall carbon emissions and energy consumption. This is expected to increase the adoption of bio-based epoxy resin flooring.
The production process of bio based epoxy resin flooring emits low carbon emissions, and it can be recycled at the end of its life cycle, thereby reducing negative environmental impact.
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Target buyers of UK 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 UK flooring market , including forecasts for subscribers. This country databook contains high-level insights into UK flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK flooring market size, by application, 2018-2030 (US$M)
UK Flooring Market Outlook Share, 2023 & 2030 (US$M)
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