Market revenue in 2023 | USD 10,617.2 million |
Market revenue in 2030 | USD 16,228.4 million |
Growth rate | 6.2% (CAGR from 2023 to 2030) |
Largest segment | Non-residential |
Fastest growing segment | Non-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, Forbo Holding AG, Interface Inc, Tarkett SA, Berkshire Hathaway Inc Class A, Beaulieu International Group, Gerflor Group, Fatra, A.S., IVC Group, Mondo Sport&Flooring |
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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 resilient flooring market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 63.3% in 2023. Horizon Databook has segmented the Asia Pacific resilient flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Growing economic prominence of China, India, and countries in Southeast Asia owing to the presence of large consumer base, low labor cost, and abundant resources are expected to drive construction industry in the region, which, in turn, is expected to propel the demand for resilient flooring in the region.
Rising urbanization and migration toward industrial regions in developing countries including India and the Philippines are expected to propel population growth in the cities. This trend is likely to increase congestion in the city, thereby boosting the demand for dwellings in the region. This, in turn, is expected to propel the demand for resilient flooring in residential application in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific resilient flooring market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific resilient flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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