Global Soft Covering Flooring Market Size & Outlook
Global soft covering flooring market, 2018-2030 (US$M)
Related Markets
Global soft covering flooring market highlights
- The global soft covering flooring market generated a revenue of USD 36,906.9 million in 2023 and is expected to reach USD 50,418.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.6% by 2030.
- In terms of segment, residential accounted for a revenue of USD 20,350.7 million in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 36,906.9 million |
| Market revenue in 2030 | USD 50,418.0 million |
| Growth rate | 4.6% (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 |
Other key industry trends
- In terms of revenue, the North America accounted for 40.9% of the global soft covering flooring market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 2,029.5 million by 2030.
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Soft Covering Flooring Market Scope
Soft Covering Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global soft covering 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 soft covering flooring market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 55.14% in 2023. Horizon Databook has segmented the Global soft covering flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Soft Covering Flooring Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Non-residential
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Our clientele includes a mix of soft covering flooring market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global soft covering flooring market , including forecasts for subscribers. This global databook contains high-level insights into Global soft covering flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global soft covering flooring market size, by region, 2018-2030 (US$M)
Top 10 countries: Soft covering flooring market size, 2023 (US$M)
Global soft covering flooring market share, by application, 2023 & 2030 (%, US$M)
Soft covering flooring market: Opportunity assessment by country
Global soft covering flooring market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 384.8 | 393.0 | 372.7 | 380.2 | 392.2 | 407.7 | 424.7 | 443.1 | 463.3 | 485.4 | 509.5 | 535.8 | 564.6 | 4.8% |
| Europe | 9,741.9 | 9,927.8 | 9,606.3 | 9,810.8 | 9,977.4 | 10,257.0 | 10,629.9 | 11,040.8 | 11,494.8 | 12,000.9 | 12,573.3 | 13,165.5 | 13,813.3 | 4.2% |
| North America | 14,356.4 | 14,555.8 | 13,997.5 | 14,235.5 | 14,617.7 | 15,098.6 | 15,610.9 | 16,156.6 | 16,737.8 | 17,357.1 | 18,017.1 | 18,720.5 | 19,433.1 | 3.6% |
| MEA | 2,323.7 | 2,398.1 | 2,319.8 | 2,400.0 | 2,509.6 | 2,644.7 | 2,792.7 | 2,954.5 | 3,132.1 | 3,326.8 | 3,540.6 | 3,775.5 | 4,033.8 | 6.3% |
| Asia Pacific | 7,542.2 | 7,731.2 | 7,527.7 | 7,765.0 | 8,094.4 | 8,498.9 | 8,939.5 | 9,419.6 | 9,943.5 | 10,515.4 | 11,140.5 | 11,824.3 | 12,573.2 | 5.7% |
| Overall | 34,349.0 | 35,005.9 | 33,824.0 | 34,591.5 | 35,591.3 | 36,906.9 | 38,397.7 | 40,014.6 | 41,771.5 | 43,685.6 | 45,781.0 | 48,021.6 | 50,418.0 | 4.6% |
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