Market revenue in 2023 | USD 1,060.6 million |
Market revenue in 2030 | USD 1,425.3 million |
Growth rate | 4.3% (CAGR from 2023 to 2030) |
Largest segment | Non-residential |
Fastest growing segment | Non-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, 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 61.65% in 2023. Horizon Databook has segmented the Japan resilient flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Construction of commercial offices and public buildings is expected to increase at a rapid rate in Japan over the next couple of years. Upcoming international events, such as the Tokyo Summer Olympics 2020, are expected to boost the GDP growth of the country, thereby driving the country’s construction industry in the near future.
This, in turn, is anticipated to fuel the market demand for commercial flooring in Japan by the end of the forecast period. Population growth of Greater Tokyo is projected to result in new residential construction activities, primarily single-person households. This is expected to augment the demand for resilient flooring in residential application over the projected period.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan resilient flooring market , including forecasts for subscribers. This country databook contains high-level insights into Japan resilient flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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