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Flooring Market Size, Share & Trends Analysis Report By Product (Ceramic Tiles, Porcelain Tiles, Carpet, Vinyl, Wood & Laminate), By Application (Residential, Industrial), By Region, And Segment Forecasts, 2023 - 2030

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  • 108 Pages
  • April 2023
  • Region: Global
  • Grand View Research
  • ID: 3292669
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The global flooring market size is expected to reach USD 398.27 billion by 2030. The market is expected to expand at a CAGR of 5.2% from 2023 to 2030. This growth can be attributed to rising construction activities like the construction of new hospitals, residential spaces, office spaces, malls, and hotels to cater to the demand of the growing global population.



The global flooring industry is growing owing to fast-paced economical and industrial development along with the growing population. In addition. The growing service sector and development of industrial clusters in emerging economies such as India are further expected to bolster the demand for flooring materials in commercial and industrial applications. Moreover, the robust industrialization and urbanization in the developing countries in the Asia Pacific and Africa have resulted in high pace construction activities, triggering the growth of the flooring market.

The construction industry in the Asia Pacific is forecasted to grow on account of the increasing per capita income, rapid urbanization, and expanding population. The expansion of residential, commercial, and industrial sectors on account of sustainable economic growth in the region is expected to boost construction activities, thereby, driving the flooring market over the forecast period.

The rising awareness regarding the use of eco-friendly building materials is estimated to propel the green retrofit or renovation activities of existing constructions in developed economies from North America and Europe. In addition, the increasing adoption of recyclable and reusable technologies by major players is expected to drive market growth over the forecast period.

Flooring products are used in numerous commercial building applications including offices, convenience stores, shopping malls, and the construction of other retail stores. The increasing construction of commercial buildings, such as drugstores, grocery, and big-box stores, over the past few years, is expected to benefit the segment growth over the forecasted period. Moreover, robust demand for office spaces, especially in urban areas of emerging economies, is also propelling demand for high-quality products in the flooring market.

The growing demand for luxury housing in European countries is one of the key drivers for the flooring market. Nearly all mid-sized and large cities such as Lisbon, Porto, Paris, Berlin, Frankfurt, Milan, and Madrid are witnessing an increase in luxury real estate investment. Furthermore, the renovation of dwellings in Europe is anticipated to create numerous opportunities for flooring vendors. Also, the booming hospitality industry in the European region is also contributing to the development of hotels, resorts, and restaurant chains which further contributes to the growth of the global flooring market. Moreover. The refurbishment and redevelopment activities in European countries are expected to drive the market in the coming years.

Flooring Market Report Highlights

  • The vitrified (porcelain) accounted for 27.7% of the total revenue of the flooring market in 2022. The market is estimated to reach USD 109.20 billion by 2030. This growth is attributed to the durable properties of porcelain, due to which it is highly preferred in residential and commercial structures.
  • The residential application segment accounted for 49.4% of the revenue share in 2022. This is owing to the rising population in developing countries and increased spending on residential buildings in developed countries.
  • The commercial application segment was estimated at USD 114.49 billion in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. This growth is attributable to growing commercialization and urbanization in developing regions in the Asia Pacific region.
  • The Asia Pacific region dominated the flooring market in 2022 with a revenue share of 45.5% and this trend is expected to continue over the coming years. The rising population in growing economies such as India, Saudi Arabia, Japan, and Indonesia is propelling the demand for flooring in the market.
  • The North American region contributed about 13.7% of the total revenue share in 2022. The flooring industry in North America is expected to witness significant growth over the coming years on account of the increasing construction of residential and commercial buildings in the region.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Insights
Chapter 3. Flooring Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Trends
3.2.2. Manufacturing Trends
3.2.3. Sales Channel Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.6. Business Environment Analysis: Flooring Market
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Threat of Substitution
3.6.1.4. Threat from New Entrants
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis by SWOT
3.6.2.1. Political Landscape
3.6.2.2. Environmental Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Economic Landscape
3.6.2.6. Legal Landscape
3.7. Market Disruption Analysis
Chapter 4. Flooring Market: Product Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Product Market Share Analysis, 2022 & 2030
4.3. Market size & forecasts and trend analysis, 2018 to 2030
4.3.1. Ceramic Tiles
4.3.1.1. Ceramic tiles flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.2. Vitrified (Porcelain) Tiles
4.3.2.1. Vitrified (porcelain) tiles flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.3. Carpet
4.3.3.1. Carpet flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.4. Vinyl
4.3.4.1. Vinyl flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.5. Luxury Vinyl Tiles
4.3.5.1. Luxury vinyl tiles flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.6. Linoleum & Rubber
4.3.6.1. Linoleum & rubber flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.7. Wood & Laminate
4.3.7.1. Wood & laminate flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.8. Natural Stone
4.3.8.1. Natural stone flooring market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
4.3.9. Other Flooring Materials
4.3.9.1. Other flooring materials market estimates and forecast, 2018 - 2030 (Million Sq. Meters) (USD Million)
Chapter 5. Flooring Market: Application Estimates & Trend Analysis
5.1. Key Takeaways
5.2. Application Market Share Analysis, 2022 & 2030
5.3. Market size & forecasts and trend analysis, 2018 to 2030 for the following:
5.3.1. Residential
5.3.1.1. Flooring market estimates and forecast in residential application, 2018 - 2030 (Million Sq. Meters) (USD Million)
5.3.2. Commercial
5.3.2.1. Flooring market estimates and forecast in commercial application, 2018 - 2030 (Million Sq. Meters) (USD Million)
5.3.3. Industrial
5.3.3.1. Flooring market estimates and forecast in industrial application, 2018 - 2030 (Million Sq. Meters) (USD Million)
Chapter 6. Flooring Market: Regional Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Region Market Share Analysis, 2022 & 2030
6.2.1. North America
6.2.1.1. North America flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.1.2. U.S.
6.2.1.2.1. U.S. flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.1.3. Canada
6.2.1.3.1. Canada flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.1.4. Mexico
6.2.1.4.1. Mexico flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2. Europe
6.2.2.1. Europe flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.2. Germany
6.2.2.2.1. Germany flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.3. U.K.
6.2.2.3.1. UK flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.4. Spain
6.2.2.4.1. Spain flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.5. Italy
6.2.2.5.1. Italy flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.6. Russia
6.2.2.6.1. Russia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.7. Romania
6.2.2.7.1. Romania flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.8. Czech Republic
6.2.2.8.1. Czech Republic flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.9. Portugal
6.2.2.9.1. Portugal flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.10. Ukraine
6.2.2.10.1. Ukraine flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.11. Slovakia
6.2.2.11.1. Slovakia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.2.12. Hungary
6.2.2.12.1. Hungary flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3. Asia Pacific
6.2.3.1. Asia Pacific flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.2. China
6.2.3.2.1. China flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.3. Japan
6.2.3.3.1. Japan flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.4. India
6.2.3.4.1. India flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.5. South Korea
6.2.3.5.1. South Korea flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.6. Australia
6.2.3.6.1. Australia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.7. Indonesia
6.2.3.7.1. Indonesia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.8. Philippines
6.2.3.8.1. Philippines flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.3.9. Vietnam
6.2.3.9.1. Vietnam flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.4. Central & South America
6.2.4.1. Central & South America flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.4.2. Brazil
6.2.4.2.1. Brazil flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.4.3. Argentina
6.2.4.3.1. Argentina flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5. Middle East & Africa
6.2.5.1. Middle East & Africa flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5.2. Saudi Arabia
6.2.5.2.1. Saudi Arabia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5.3. UAE
6.2.5.3.1. UAE flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5.4. Israel
6.2.5.4.1. Israel flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5.5. Egypt
6.2.5.5.1. Egypt flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5.6. Qatar
6.2.5.6.1. Qatar flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5.7. South Africa
6.2.5.7.1. South Africa flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
6.2.5.8. Morocco
6.2.5.8.1. Morocco flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Chapter 7. Competitive Analysis
7.1. Key Players, their Recent Developments, and Their Impact on the Industry
7.2. Key Company/Competition Categorization
7.3. Company Market Position Analysis
7.4. Company Heat Map Analysis
7.5. Company Market Share Analysis, 2022
7.6. Strategy Mapping
7.7. Company Listing
7.7.1. Mohawk Industries, Inc.
7.7.1.1. Company Overview
7.7.1.2. Financial Performance
7.7.1.3. Product Benchmarking
7.7.1.4. Strategic Initiatives
7.7.2. Tarkett, S.A.
7.7.2.1. Company Overview
7.7.2.2. Financial Performance
7.7.2.3. Product Benchmarking
7.7.2.4. Strategic Initiatives
7.7.3. AFI Licensing
7.7.3.1. Company Overview
7.7.3.2. Financial Performance
7.7.3.3. Product Benchmarking
7.7.3.4. Strategic Initiatives
7.7.4. Burke Flooring Products, Inc.
7.7.4.1. Company Overview
7.7.4.2. Financial Performance
7.7.4.3. Product Benchmarking
7.7.4.4. Strategic Initiatives
7.7.5. Forbo Flooring
7.7.5.1. Company Overview
7.7.5.2. Financial Performance
7.7.5.3. Product Benchmarking
7.7.5.4. Strategic Initiatives
7.7.6. Shaw Industries, Inc.
7.7.6.1. Company Overview
7.7.6.2. Financial Performance
7.7.6.3. Product Benchmarking
7.7.6.4. Strategic Initiatives
7.7.7. Interface, Inc.
7.7.7.1. Company Overview
7.7.7.2. Financial Performance
7.7.7.3. Product Benchmarking
7.7.7.4. Strategic Initiatives
7.7.8. Gerflor
7.7.8.1. Company Overview
7.7.8.2. Financial Performance
7.7.8.3. Product Benchmarking
7.7.8.4. Strategic Initiatives
7.7.9. Mannington Mills, Inc.
7.7.9.1. Company Overview
7.7.9.2. Financial Performance
7.7.9.3. Product Benchmarking
7.7.9.4. Strategic Initiatives
7.7.10. Polyflor
7.7.10.1. Company Overview
7.7.10.2. Financial Performance
7.7.10.3. Product Benchmarking
7.7.10.4. Strategic Initiatives
7.7.11. RAK Ceramics
7.7.11.1. Company Overview
7.7.11.2. Financial Performance
7.7.11.3. Product Benchmarking
7.7.11.4. Strategic Initiatives
7.7.12. Crossville Inc.
7.7.12.1. Company Overview
7.7.12.2. Financial Performance
7.7.12.3. Product Benchmarking
7.7.12.4. Strategic Initiatives
7.7.13. Atlas Concorde S.P.A.
7.7.13.1. Company Overview
7.7.13.2. Financial Performance
7.7.13.3. Product Benchmarking
7.7.13.4. Strategic Initiatives
7.7.14. Porcelanosa Group
7.7.14.1. Company Overview
7.7.14.2. Financial Performance
7.7.14.3. Product Benchmarking
7.7.14.4. Strategic Initiatives
7.7.15. Kajaria Ceramics Limited
7.7.15.1. Company Overview
7.7.15.2. Financial Performance
7.7.15.3. Product Benchmarking
7.7.15.4. Strategic Initiatives
List of Tables
Table 1 Flooring market volume estimates and forecasts, by product, 2018 - 2030 (Million Sq. Meters)
Table 2 Flooring market revenue estimates and forecasts, by product, 2018 - 2030 (USD Million)
Table 3 Flooring market volume estimates and forecasts, by application, 2018 - 2030 (Million Sq. Meters)
Table 4 Flooring market revenue estimates and forecasts, by application, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Market Research Approaches - Bottom-Up Approach
Fig. 5 Market Research Approaches - Top-Down Approach
Fig. 6 Market Research Approaches - Combined Approach
Fig. 7 Penetration & growth prospect mapping
Fig. 8 Flooring market - Value chain analysis
Fig. 9 Flooring: Market dynamics
Fig. 10 Flooring market driver impact analysis
Fig. 11 Ceramic tiles flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 12 Vitrified (porcelain) tiles flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 13 Carpet flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 14 Vinyl flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 15 Luxury vinyl tiles flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 16 Linoleum & rubber flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 17 Wood & laminate flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 18 Natural stone flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 19 Other flooring materials flooring market volume estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 20 Flooring market volume estimates and forecasts, by residential application, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 21 Flooring market volume estimates and forecasts, by commercial application, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 22 Flooring market volume estimates and forecasts, by industrial application, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 23 North America flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 24 U.S. flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 25 Canada flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 26 Mexico flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 27 Europe flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 28 Germany flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 29 U.K. flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 30 Spain flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 31 Italy flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 32 Russia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 33 Romania flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 34 Romania flooring market revenue estimates and forecasts, by type, 2018 - 2030 (USD Million)
Fig. 35 Czech Republic flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 36 Portugal flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 37 Ukraine flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 38 Slovakia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 39 Hungary flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 40 Asia Pacific flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 41 China flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 42 Japan flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 43 India flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 44 South Korea flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 45 Australia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 46 Indonesia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 47 Philippines flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 48 Vietnam flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 49 Central & South America flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 50 Brazil flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 51 Argentina flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 52 Middle East & Africa flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 53 Saudi Arabia flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 54 UAE flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 55 Israel flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 56 Israel flooring market revenue estimates and forecasts, by type, 2018 - 2030 (USD Million)
Fig. 57 Egypt flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 58 Egypt flooring market revenue estimates and forecasts, by type, 2018 - 2030 (USD Million)
Fig. 59 Qatar flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 60 South Africa flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)
Fig. 61 Morocco flooring market estimates and forecasts, 2018 - 2030 (Million Sq. Meters) (USD Million)

Companies Mentioned

  • Mohawk Industries, Inc.
  • Tarkett, S.A.
  • AFI Licensing
  • Burke Flooring Products, Inc.
  • Forbo Flooring
  • Shaw Industries, Inc.
  • Interface, Inc.
  • Gerflor
  • Mannington Mills, Inc.
  • Polyflor
  • RAK Ceramics
  • Crossville Inc.
  • Atlas Concorde S.P.A.
  • Porcelanosa Group
  • Kajaria Ceramics Limited

Methodology

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Table Information

Report AttributeDetails
No. of Pages108
PublishedApril 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 266.48 Billion
Forecasted Market Value ( USD ) by 2030 $ 398.27 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal
No. of Companies Mentioned15

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