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Asia Pacific Flooring Market Outlook, 2030

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    Report

  • 102 Pages
  • January 2025
  • Region: Asia Pacific
  • Bonafide Research
  • ID: 5632271
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The flooring market in the Asia Pacific is among the fastest-growing regions worldwide, propelled by swift urbanization, rising disposable incomes, and a flourishing construction sector. This market includes an extensive variety of flooring materials, such as resilient flooring (vinyl, rubber, and linoleum), non-resilient flooring (wood, laminate, ceramic tiles, and stone), along with carpets and rugs. Prominent markets in this region consist of China, India, Japan, and Australia, with China standing out as the largest consumer owing to its expansive construction and real estate industries.

The expansion of the middle class, especially in nations like India and China, has resulted in a heightened demand for premium, visually appealing, and long-lasting flooring options. In a historical context, the flooring market in Asia Pacific originated with conventional materials like stone, wood, and clay tiles. During the 20th century, the emergence of synthetic materials such as vinyl and linoleum transformed the market, presenting economical, easy-care choices. The 1980s and 1990s marked the introduction of laminate flooring, which became popular due to its cost-effectiveness and its ability to mimic the appearance of wood. In the 21st century, there has been a noticeable shift towards high-end materials like luxury vinyl tiles (LVT), engineered hardwood, and environmentally friendly flooring options, as consumers place greater emphasis on sustainability and aesthetics. Technological advancements, including digital printing on tiles and the emergence of smart flooring, are also making strides in the region.

According to the research report, 'Asia Pacific flooring Market Overview, 2030,', the Asia Pacific flooring market is anticipated to grow at more than 7.31% CAGR from 2025 to 2030.The Asia Pacific flooring market presents substantial growth prospects driven by swift urbanization and infrastructure expansion. Escalating disposable incomes, especially in developing nations like India and China, have heightened the need for top-notch flooring solutions. Additionally, there is an increased focus on sustainable materials such as bamboo, cork, and flooring made from recycled content.

The growth of the real estate market, in combination with rising demand in commercial sectors like offices, retail spaces, and hospitality, offers further opportunities. The rising trend of DIY home renovations also plays a role in boosting market growth. The commercial and industrial flooring sectors encountered difficulties due to halted construction projects and decreased demand from the hospitality and retail sectors. Despite these challenges, the market has been recovering with an emphasis on hygiene-friendly, low-maintenance flooring options like vinyl and laminate. The Asia Pacific flooring market has progressed considerably from traditional materials such as stone and clay tiles to contemporary synthetic options like vinyl, linoleum, and laminate. Laminate flooring, which gained traction in the 1980s, offered an economical substitute for hardwood. In the 21st century, there has been an upswing in demand for premium flooring choices such as LVT, engineered hardwood, and eco-conscious materials, mirroring the region's expanding middle class and evolving consumer preferences for sustainable, high-quality products. In the Asia Pacific region, flooring companies utilize both conventional retail outlets and digital platforms to market their offerings. E-commerce has seen considerable growth, enabling customers to explore flooring selections, utilize virtual room design resources, and complete online purchases. Trade exhibitions, collaborations with home improvement retailers, and influencer marketing are also essential for the promotion of flooring products. Companies are placing a greater emphasis on informing consumers about the advantages of sustainable and high-performance flooring, leveraging the increasing environmental consciousness in the region.

Market Drivers

The surge in construction and infrastructure development: Driven by government initiatives and an increasing need for residential and commercial properties, thereby enhancing the demand for flooring in the area.

Emphasis on Sustainability: There is a growing awareness among consumers regarding environmental issues, leading to a preference for sustainable flooring alternatives, including bamboo, cork, and products made from recycled materials.

Advancements in Technology: The introduction of innovative flooring materials that are waterproof, scratch-resistant, and low-maintenance is attracting consumers, thereby supporting the expansion of the market.

Market Challenges

Labor Shortages: A significant deficiency of skilled labor for flooring installation exists, particularly in rural and fast-growing areas, resulting in delays and elevated expenses for both residential and commercial projects.

Regulatory Compliance: In certain countries, stringent environmental regulations necessitate that manufacturers transition to sustainable production practices, which frequently results in heightened production costs and increased complexity in material sourcing.

Intense Competition: The market is saturated with inexpensive imported flooring alternatives, especially from China, exerting pressure on domestic manufacturers to uphold competitive pricing while ensuring product quality.

Market Trends

Accelerated Urban Development: The continuous urban development in regions such as China, India, and Southeast Asia is significantly increasing the need for both residential and commercial flooring solutions. The expansion of cities and various infrastructure initiatives is leading to a higher adoption rate of flooring products.

Transition to Eco-Friendly Flooring: Growing environmental consciousness is driving the demand for sustainable flooring alternatives. Materials like bamboo, recycled content, and cork are becoming increasingly popular due to their environmentally friendly and renewable characteristics.

Increasing Demand for Vinyl Flooring: Luxury vinyl tiles (LVT) and vinyl flooring are experiencing a surge in popularity owing to their durability, affordability, and aesthetic flexibility. These flooring options are preferred for use in both residential and commercial environments.

Resilient materials like luxury vinyl tiles (LVT) and laminate lead the Asia Pacific flooring market, alongside non-resilient choices such as hardwood, ceramic tiles, and sustainable flooring alternatives.

The resilient flooring market in Asia Pacific has experienced substantial expansion due to the rising demand for durable, cost-efficient, and low-maintenance options. Luxury vinyl tiles (LVT) stand out as the predominant product in this category, appreciated for their versatility, design appeal, and durability against wear. Vinyl is extensively utilized in both residential and commercial settings because it can imitate the appearance of hardwood or stone at a reduced price, alongside its water and stain resistance. Rubber flooring is increasingly favored, particularly in sports facilities, healthcare settings, and educational institutions owing to its shock-absorbent properties and safety features.

Linoleum, while less prevalent, is preferred for its natural composition and environmentally friendly qualities. The minimal maintenance needs and capacity to endure high foot traffic of resilient flooring have made it a favored option across different sectors, including residential, commercial, and industrial uses. The non-resilient flooring market, encompassing hardwood, laminate, ceramic tiles, and stone, remains robust in the Asia Pacific area, especially within the residential segment. Hardwood flooring, known for its natural appearance and lasting durability, continues to be in high demand for upscale residences. Laminate flooring has experienced considerable growth due to its affordability, ease of installation, and capability to imitate the look of genuine wood or stone. Ceramic tiles are favored in kitchens and bathrooms for their durability and resistance to water, while stone tiles are preferred for their upscale aesthetic and durability. These non-resilient materials are frequently utilized in both residential and commercial environments, offering a premium appearance and experience. The carpets and rugs market in Asia Pacific is persistently expanding, propelled by the need for comfort, insulation, and visual appeal in both residential and commercial environments. Carpets are typically found in homes, offices, and hotels because of their warmth, sound dampening, and luxurious nature. Rugs, particularly in the commercial domain, often serve as design features or to delineate functional areas.

The flooring market in Asia Pacific is fueled by the residential, commercial, and industrial sectors, with robust demand stemming from residential building, home upgrades, and expanding commercial areas including offices and retail spaces.

The residential flooring market in Asia Pacific is a significant factor in the overall flooring sector, spurred by increasing disposable incomes, urban development, and a heightened interest in home upgrades. Homeowners are placing greater emphasis on aesthetics, durability, and low maintenance when selecting flooring materials. The preferred choices include luxury vinyl tiles (LVT), laminate, hardwood, and carpets, with a pronounced trend towards sustainable materials such as bamboo and cork. DIY home improvement initiatives have further propelled the growth of the residential flooring market, particularly in nations like China, India, and Japan.

As more individuals aim to customize their living environments, there is a rising demand for innovative, high-quality flooring options that can elevate both the beauty and functionality of homes. The commercial flooring market in the Asia Pacific region encompasses offices, retail environments, hospitality locations, and educational facilities. Commercial areas necessitate flooring solutions that are not only visually attractive but also resilient and simple to upkeep. Vinyl, rubber, and ceramic tiles are frequently utilized because of their longevity, straightforward installation, and minimal maintenance requirements. The increasing need for contemporary office environments, retail outlets, and hospitality venues has significantly propelled the commercial flooring sector. As companies aim to establish more comfortable and appealing surroundings for both employees and clients, the demand for high-grade and functional flooring solutions keeps rising. Within the industrial flooring domain, there is substantial demand for flooring materials that can endure heavy equipment, chemical exposure, and continuous foot activity. Concrete flooring is the most prevalent option due to its robustness, affordability, and capacity to bear substantial weights. Nevertheless, specialized coatings such as epoxy and polyurethane are becoming increasingly favored for their superior durability, chemical resistance, and easy cleaning. Sectors like manufacturing, logistics, and pharmaceuticals demand flooring that can endure severe conditions while remaining simple to maintain.

India is the quickest developing nation in the Asia Pacific flooring market.

India is seeing rapid expansion in the flooring industry due to its growing construction sector, urbanization, and rising disposable incomes. The country’s robust economic growth, along with a rising population and urban migration, is fueling the demand for residential, commercial, and industrial flooring solutions. As more individuals relocate to urban areas and invest in new homes, there is a significant increase in demand for flooring alternatives such as laminate, vinyl, and tile, with a focus on aesthetics, durability, and affordability.

In particular, luxury vinyl tiles (LVT) and engineered wood are becoming increasingly popular for their cost-effectiveness and their ability to mimic high-end flooring materials such as hardwood and stone. The commercial sector, including retail, hospitality, and office spaces, is also playing a role in the growth of India’s flooring market. As the retail and hospitality sectors expand, there is a growing requirement for versatile, durable, and low-maintenance flooring options, including vinyl, rubber, and ceramic tiles. The development of modern infrastructure and construction projects, especially in major cities like Mumbai, Delhi, and Bangalore, is also a critical factor driving the flooring market. In addition to the construction growth, India is experiencing a shift towards sustainable and eco-friendly flooring materials. Consumers are becoming increasingly environmentally aware and are looking for materials such as bamboo, cork, and recycled content. The rising trend of DIY home renovation projects and the proliferation of online shopping platforms are further contributing to market growth, making it simpler for consumers to obtain a broader selection of flooring products.

Major Companies present in the market

Mohawk Industries Inc., Shaw Industries Group, Inc., Tarkett S.A., Milliken & Company, Forbo Holding AG, Beaulieu International Group, Interface, Inc., Toli Corporation, Armstrong Flooring, Inc., Polyflor Limited, Congoleum Corporation.

Considered in this report

  • Geography: Global
  • Historic year: 2018
  • Base year: 2024
  • Estimated year: 2025
  • Forecast year: 2030

Aspects covered in this report

  • Global flooring market with its value and forecast along with its segments
  • Region-wise flooring market analysis
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

Regions covered in the report

  • North America (United States, Canada, Mexico)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia)
  • Asia-Pacific (China, Japan, India, Australia, South Korea)
  • South America (Brazil, Argentina)
  • Middle-East & Africa (UAE, Saudi Arabia, South Africa, Turkey)

Types of Material in the report

  • Resilient
  • Non-resilient
  • Carpets And Rugs

By End-Use in the report

  • Residential
  • Commercial
  • Industrial

The approach of the report

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases.

After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flooring industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

1. Executive Summary
2. Research Methodology
2.1. Secondary Research
2.2. Primary Data Collection
2.3. Market Formation & Validation
2.4. Report Writing, Quality Check & Delivery
3. Market Structure
3.1. Market Considerate
3.2. Assumptions
3.3. Limitations
3.4. Abbreviations
3.5. Sources
3.6. Definitions
4. Economic /Demographic Snapshot
5. Global Flooring Market Outlook
5.1. Market Size By Value
5.2. Market Share By Region
5.3. Market Size and Forecast, By Material Type
5.3.1. Market Size and Forecast, By Resilint Flooring
5.3.2. Market Size and Forecast, By Non-resilint Flooring
5.4. Market Size and Forecast, By End User
6. Asia-Pacific Flooring Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Material Type
6.3.1. Market Size and Forecast, By Resilint Flooring
6.3.2. Market Size and Forecast, By Non-resilint Flooring
6.4. Market Size and Forecast, By End User
7. Market Dynamics
7.1. Market Drivers & Opportunities
7.2. Market Restraints & Challenges
7.3. Market Trends
7.4. COVID-19 Effect
7.5. Supply chain Analysis
7.6. Policy & Regulatory Framework
7.7. Industry Experts Views
7.8. China Flooring Market Outlook
7.8.1. Market Size By Value
7.8.2. Market Size and Forecast By Material Type
7.8.2.1. Market Size and Forecast By Resilint Flooring
7.8.2.2. Market Size and Forecast By Non-resilint Flooring
7.8.3. Market Size and Forecast By End User
7.9. Japan Flooring Market Outlook
7.9.1. Market Size By Value
7.9.2. Market Size and Forecast By Material Type
7.9.2.1. Market Size and Forecast By Resilint Flooring
7.9.2.2. Market Size and Forecast By Non-resilint Flooring
7.9.3. Market Size and Forecast By End User
7.10. India Flooring Market Outlook
7.10.1. Market Size By Value
7.10.2. Market Size and Forecast By Material Type
7.10.2.1. Market Size and Forecast By Resilint Flooring
7.10.2.2. Market Size and Forecast By Non-resilint Flooring
7.10.3. Market Size and Forecast By End User
7.11. Australia Flooring Market Outlook
7.11.1. Market Size By Value
7.11.2. Market Size and Forecast By Material Type
7.11.2.1. Market Size and Forecast By Resilint Flooring
7.11.2.2. Market Size and Forecast By Non-resilint Flooring
7.11.3. Market Size and Forecast By End User
7.12. South Korea Flooring Market Outlook
7.12.1. Market Size By Value
7.12.2. Market Size and Forecast By Material Type
7.12.2.1. Market Size and Forecast By Resilint Flooring
7.12.2.2. Market Size and Forecast By Non-resilint Flooring
7.12.3. Market Size and Forecast By End User
8. Competitive Landscape
8.1. Competitive Dashboard
8.2. Business Strategies Adopted by Key Players
8.3. Key Players Market Positioning Matrix
8.4. Porter's Five Forces
8.5. Company Profile
8.5.1. Mohawk Industries Inc.
8.5.1.1. Company Snapshot
8.5.1.2. Company Overview
8.5.1.3. Financial Highlights
8.5.1.4. Geographic Insights
8.5.1.5. Business Segment & Performance
8.5.1.6. Product Portfolio
8.5.1.7. Key Executives
8.5.1.8. Strategic Moves & Developments
8.5.2. Shaw Industries Group, Inc.
8.5.3. Tarkett S.A.
8.5.4. Milliken & Company
8.5.5. Forbo Holding AG
8.5.6. Beaulieu International Group
8.5.7. Interface, Inc.
8.5.8. Polyflor Limited
8.5.9. Amtico International Limited
8.5.10. Gerflor Group
8.5.11. Swiss Krono Group
8.5.12. Victoria Plc
8.5.13. Oriental Weavers Group
8.5.14. Kajaria Ceramics Limited
9. Strategic Recommendations
10. Annexure
10.1. FAQ`s
10.2. Notes
10.3. Related Reports
11. Disclaimer
List of Figures
Figure 1: Global Flooring Market Size (USD Billion) By Region, 2024 & 2030
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: Global Flooring Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 5: Global Flooring Market Share By Region (2024)
Figure 6: Asia-Pacific Flooring Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 7: Asia-Pacific Flooring Market Share By Country (2024)
Figure 8: China Flooring Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 9: Japan Flooring Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 10: India Flooring Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 11: Australia Flooring Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 12: South Korea Flooring Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2024
Figure 14: Porter's Five Forces of Global Flooring Market
List of Tables
Table 1: Global Flooring Market Snapshot, By Segmentation (2024 & 2030) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Flooring Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 6: Global Flooring Market Size and Forecast, By Resilint Flooring (2019 to 2030F) (In USD Billion)
Table 7: Global Flooring Market Size and Forecast, By Non-resilint Flooring (2019 to 2030F) (In USD Billion)
Table 8: Global Flooring Market Size and Forecast, By End User (2019 to 2030F) (In USD Billion)
Table 9: Asia-Pacific Flooring Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 10: Asia-Pacific Flooring Market Size and Forecast, By Resilint Flooring (2019 to 2030F) (In USD Billion)
Table 11: Asia-Pacific Flooring Market Size and Forecast, By Non-resilint Flooring (2019 to 2030F) (In USD Billion)
Table 12: Asia-Pacific Flooring Market Size and Forecast, By End User (2019 to 2030F) (In USD Billion)
Table 13: Influencing Factors for Flooring Market, 2024
Table 14: China Flooring Market Size and Forecast By Material Type (2019 to 2030F) (In USD Billion)
Table 15: China Flooring Market Size and Forecast By Resilint Flooring (2019 to 2030F) (In USD Billion)
Table 16: China Flooring Market Size and Forecast By Non-resilint Flooring (2019 to 2030F) (In USD Billion)
Table 17: China Flooring Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)
Table 18: Japan Flooring Market Size and Forecast By Material Type (2019 to 2030F) (In USD Billion)
Table 19: Japan Flooring Market Size and Forecast By Resilint Flooring (2019 to 2030F) (In USD Billion)
Table 20: Japan Flooring Market Size and Forecast By Non-resilint Flooring (2019 to 2030F) (In USD Billion)
Table 21: Japan Flooring Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)
Table 22: India Flooring Market Size and Forecast By Material Type (2019 to 2030F) (In USD Billion)
Table 23: India Flooring Market Size and Forecast By Resilint Flooring (2019 to 2030F) (In USD Billion)
Table 24: India Flooring Market Size and Forecast By Non-resilint Flooring (2019 to 2030F) (In USD Billion)
Table 25: India Flooring Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)
Table 26: Australia Flooring Market Size and Forecast By Material Type (2019 to 2030F) (In USD Billion)
Table 27: Australia Flooring Market Size and Forecast By Resilint Flooring (2019 to 2030F) (In USD Billion)
Table 28: Australia Flooring Market Size and Forecast By Non-resilint Flooring (2019 to 2030F) (In USD Billion)
Table 29: Australia Flooring Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)
Table 30: South Korea Flooring Market Size and Forecast By Material Type (2019 to 2030F) (In USD Billion)
Table 31: South Korea Flooring Market Size and Forecast By Resilint Flooring (2019 to 2030F) (In USD Billion)
Table 32: South Korea Flooring Market Size and Forecast By Non-resilint Flooring (2019 to 2030F) (In USD Billion)
Table 33: South Korea Flooring Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Mohawk Industries Inc.
  • Shaw Industries Group, Inc.
  • Tarkett S.A.
  • Milliken & Company
  • Forbo Holding AG
  • Beaulieu International Group
  • Interface, Inc.
  • Polyflor Limited
  • Amtico International Limited
  • Gerflor Group
  • Swiss Krono Group
  • Victoria Plc
  • Oriental Weavers Group
  • Kajaria Ceramics Limited