Lucintel Forecasts The Global Flooring Market To Reach $409 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the global flooring market is projected to reach an estimated $409 billion by 2030 from $282 billion in 2023 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by increasing residential construction and growth in renovation and remodeling activities.
Browse 73 figures/charts and 52 tables in this 202-page report to understand trends, opportunities and forecast in global flooring market by end use (residential, healthcare, education, hospitality, retail, office, others), flooring type (Carpets and rugs, resilient flooring, and non-resilient) and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that non-resilient flooring will remain the largest segment over the forecast period due to increasing demand for ceramic tiles in developing region.
Within the global flooring market, residential will remain the largest end use market over the forecast period due to growth in single and multi-family buildings. Non-residential flooring is expected to witness the highest growth during the forecast period due to increasing ...
... construction of office, retail and other commercial buildings.
Download sample by clicking on flooring market.
Asia Pacific is expected to remain the largest region; it is also expected to witness the highest growth over the forecast period supported by increasing urbanization and building construction activities.
Mohawk industries, Shaw industries, Tarkett, Beaulieu International, Dixie Group Inc are the major suppliers in the flooring market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com to get access of more than 1000 reports at fraction of cost visit Lucintel's analytics dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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