Latin America Resilient Flooring Market Size & Outlook
Latin America resilient flooring market, 2018-2030 (US$M)
Related Markets
Latin America resilient flooring market highlights
- The Latin America resilient flooring market generated a revenue of USD 518.8 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, non-residential was the largest revenue generating application in 2023.
- Non-residential is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 518.8 million |
| Market revenue in 2030 | USD 731.2 million |
| Growth rate | 5% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.7% of the global resilient 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 17,691.3 million by 2030.
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Resilient Flooring Market Scope
Resilient Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America resilient 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 resilient flooring market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 66.87% in 2023. Horizon Databook has segmented the Latin America resilient flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South America resilient flooring market is anticipated to witness significant growth on account of increasing urbanization in the emerging economies including Brazil, Argentina, Chile, and Peru. Rising consumer awareness regarding the benefits of appropriate flooring is also expected to boost the market growth over the forecast period.
The presence of major manufacturers of resilient flooring such as Mannington Mills, Inc., Armstrong Flooring, Inc., and Milliken operating in the region is projected to have a major impact on the rising penetration of resilient flooring products in various application industries.
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Target buyers of Latin America resilient flooring market databook
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Our clientele includes a mix of resilient 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America resilient flooring market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America resilient flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America resilient flooring market size, by country, 2018-2030 (US$M)
Latin America Resilient Flooring Market Outlook Share, 2023 & 2030 (US$M)
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