Singapore Vinyl Flooring Market Size & Outlook, 2022-2030

The vinyl flooring market in Singapore is expected to reach a projected revenue of US$ 344.3 million by 2030. A compound annual growth rate of 5.5% is expected of Singapore vinyl flooring market from 2023 to 2030.

Revenue, 2022 (US$M)
$223.5
Forecast, 2030 (US$M)
$344.3
CAGR, 2023 - 2030
5.5%
Report Coverage
Singapore

Singapore vinyl flooring market highlights

  • The Singapore vinyl flooring market generated a revenue of USD 223.5 million in 2022 and is expected to reach USD 344.3 million by 2030.
  • The Singapore market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
  • In terms of segment, luxury vinyl tiles was the largest revenue generating product in 2022.
  • Luxury Vinyl Tiles is the most lucrative product segment registering the fastest growth during the forecast period.

Vinyl flooring market data book summary

Market revenue in 2022USD 223.5 million
Market revenue in 2030USD 344.3 million
Growth rate5.5% (CAGR from 2022 to 2030)
Largest segmentLuxury vinyl tiles
Fastest growing segmentLuxury Vinyl Tiles
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVinyl Sheets, Vinyl Tiles, Luxury Vinyl Tiles
Key market players worldwideArmstrong Flooring Inc, Forbo Holding AG, Mohawk Industries Inc, Tarkett SA, Berkshire Hathaway Inc Class A, James Halstead PLC, LG Hausys, Mannington Mills, Inc., Gerflor Group, Fatra, A.S., Beaulieu International Group

Other key industry trends

  • In terms of revenue, Singapore accounted for 0.8% of the global vinyl flooring market in 2022.
  • Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China vinyl flooring market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,538.5 million by 2030.

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Vinyl Flooring Market Companies

Name Profile # Employees HQ Website

Singapore vinyl 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 vinyl flooring market will help companies and investors design strategic landscapes.


Luxury vinyl tiles was the largest segment with a revenue share of 59.06% in 2022. Horizon Databook has segmented the Singapore vinyl flooring market based on vinyl sheets, vinyl tiles, luxury vinyl tiles covering the revenue growth of each sub-segment from 2018 to 2030.


  • Singapore Vinyl Flooring Product Outlook (Revenue, USD Million, 2018-2030)
    • Vinyl Sheets
    • Vinyl Tiles
    • Luxury Vinyl Tiles
  • Singapore Vinyl Flooring Application Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Commercial

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Target buyers of Singapore vinyl flooring market databook

  • Our clientele includes a mix of vinyl flooring market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Singapore vinyl flooring market , including forecasts for subscribers. This country databook contains high-level insights into Singapore vinyl flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Singapore vinyl flooring market size, by product, 2018-2030 (US$M)

Singapore Vinyl Flooring Market Outlook Share, 2022 & 2030 (US$M)

Singapore vinyl flooring market size, by product, 2018-2030 (US$M)

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