Flooring Market Outlook, 2030

The term ‘flooring’ refers to the lower enclosing surface of spaces within residential and non-residential buildings. This may be part of the floor structure, such as the upper surface of a concrete slab, ceramic tile or floor boards, but typically it is a permanent covering of different materials lay over the floor. Flooring can also be used to describe the process of laying flooring material. Various types of flooring are available for different applications, from hardwood, stone and tile, to vinyl, carpet and more.

Various factors of flooring such as durability, resistant to scuffs, scratches and stains, water resistance etc., which leads the consumers to use these flooring during the developments and renovation of residential and non-residential buildings. The floor covering industry is depends on various general economic conditions, such as consumer confidence, income and spending, corporate and government spending, interest rate levels, availability of credit and demand for housing. Increasing new construction facilities, surging demand of residential buildings, commercial amenities and healthcare facilities are likely to drive the growth of the market. Downturns in global economies, including as a result of the COVID-19 pandemic, negatively impact the floor covering industry and various company’s business. A significant or prolonged decline in residential or commercial remodeling or new construction activity could have a material adverse effect on various firms business and results of operations. The lockdown has restricted the construction of housing and building projects and limited fresh purchase of flooring materials. Due to the changing situations and customers approach towards the pandemic situation, the market of flooring is anticipated to bounce back during the forecast period.

According to the research report 'Global Flooring Market Outlook, 2030,', the Global Flooring market was valued at more than USD 401.84 Billion in 2024, and expected to reach a market size of more than USD 579.82 Billion by 2030 with the CAGR of 6.44% from 2025-2030. Flooring is an indispensable element of new construction and remodeling. There are various types of flooring used in building construction and their selection depends on end-use, aesthetics and choice of user. The two major flooring categories are resilient and non-resilient. Resilient flooring is flooring that has a particular property.

When you apply load on a resilient floor, it gives a little and then returns to its standard shape or regains its original position. Non-resilient flooring is precisely the opposite of the resilient. A non-resilient floor has no give. If it’s dented, the dent is permanent. Non-resilient floors are also more likely to flake rather than deform. According to the report, based on material type, market is segmented into resilient, non-resilient and carpets and rugs types. The non-resilient flooring type which includes sub flooring types like ceramic tile, wood, laminate, stone, terrazzo, bamboo etc., is leading the market with more than 60% of value market share. The floor covering industry is highly competitive. Various company faces competition from a number of manufacturers and independent distributors. Maintaining company’s competitive position in market may require substantial investments in company’s product development efforts, manufacturing facilities, distribution network and sales and marketing activities. There are many prominent companies in the flooring market which are driving the market. The companies are Mohawk Industries Inc., Shaw Industries Group, Inc., Tarkett S.A., Milliken & Company and Forbo Holding AG.

Market Drivers

Technological Advancements: The introduction of advanced manufacturing techniques and materials has greatly enhanced the quality and variety of flooring options available. Innovations such as waterproof flooring, high-durability laminates, and advanced surface treatments have made flooring more functional and appealing to consumers.

Growth of the Hospitality and Tourism Industry: The expanding hospitality and tourism sectors have led to increased demand for aesthetically pleasing and durable flooring solutions. Hotels, resorts, and other hospitality venues require high-quality flooring that can withstand heavy foot traffic and maintain its appearance over time.

Market Challenges

Stringent Regulations: The flooring industry is subject to a variety of regulations concerning safety, emissions, and sustainability. Compliance with these regulations can be costly and complex, posing challenges for manufacturers.

Competition from Alternative Materials: The flooring market faces competition from alternative materials such as carpets, tiles, and natural stones. These materials often have distinct advantages, such as unique aesthetic qualities or lower costs, which can influence consumer preferences.

Market Trends

Customization and Personalization: There is a growing trend towards customized and personalized flooring solutions. Consumers are increasingly seeking unique designs, patterns, and colors to reflect their personal style and preferences. Advances in digital printing technology have made it easier for manufacturers to offer bespoke flooring options.

Growth in Luxury Vinyl Tiles (LVT): Luxury Vinyl Tiles (LVT) have been gaining popularity due to their durability, ease of installation, and realistic appearance. LVT can mimic the look of natural materials such as wood and stone at a lower cost, making it an attractive option for many consumers.

Resilient flooring is celebrated for its flexibility and comfort. This segment includes vinyl, linoleum, and rubber flooring. These materials are popular in settings that require durability and water resistance, such as kitchens, bathrooms, and commercial spaces. Vinyl flooring, in particular, has seen significant advancements, with luxury vinyl tiles (LVT) becoming a popular choice due to their realistic appearance and ease of installation. Linoleum, made from natural materials, offers an eco-friendly option, while rubber flooring is prized for its resilience and comfort, often used in gyms and playgrounds. Non-resilient flooring includes more rigid materials like ceramic and porcelain tiles, natural stones, and hardwood.

These materials are known for their durability and timeless aesthetic appeal. Ceramic and porcelain tiles are highly durable, water-resistant, and available in various designs, making them suitable for both residential and commercial applications. Natural stone flooring, such as marble, granite, and slate, offers a luxurious look and long-lasting durability, though it can be more expensive and requires maintenance. Hardwood flooring remains a popular choice for its beauty and ability to add value to any space, though it needs to be protected from moisture and scratches. Carpets and rugs add warmth and comfort, particularly in residential settings. This segment includes woven carpets, tufted carpets, and various types of area rugs. Woven carpets are durable and available in various patterns and textures, offering a luxurious feel. Tufted carpets are the most common type, made by punching yarn through a backing material, and come in many styles and colors. Area rugs can be crafted from materials like wool, silk, and synthetic fibers, providing a versatile option to enhance the aesthetics of any room.

Residential flooring encompasses homes and living spaces, where aesthetics, comfort, and durability are paramount. Popular choices include hardwood, laminate, carpet, and luxury vinyl tiles (LVT), each offering different benefits. For instance, homeowners in North America and Europe often prefer hardwood for its timeless appeal and durability, while LVT is gaining traction in urban settings globally due to its realistic look and ease of maintenance. In growing economies like India and China, laminate and ceramic tiles are favored for their affordability and durability. Commercial flooring covers a wide range of settings, including offices, retail stores, hospitality venues, and healthcare facilities.

In these environments, flooring needs to withstand heavy foot traffic and frequent cleaning while maintaining a professional and attractive appearance. For example, in office buildings and retail spaces, carpet tiles and commercial-grade vinyl are commonly used due to their durability and ease of replacement. In the hospitality sector, such as hotels and restaurants, plush carpets and elegant ceramic or porcelain tiles are preferred to create a welcoming and luxurious ambiance. Healthcare facilities often require specialized flooring solutions like anti-microbial vinyl and rubber, which are easy to clean and maintain hygienic standards. Industrial flooring is designed for environments like factories, warehouses, and production facilities, where durability, resistance to wear and chemicals, and safety are crucial. Materials like epoxy coatings, concrete, and industrial-grade vinyl are commonly used. For instance, in manufacturing plants across the U.S. and Germany, epoxy flooring is favored for its robustness and ability to withstand heavy machinery and chemical spills. Warehouses in logistics hubs, such as those in China and India, often use polished concrete for its durability and low maintenance requirements.

The Asia-Pacific region's leadership in the global flooring industry is primarily attributed to its rapid urbanization and booming construction activities. This phenomenon is particularly pronounced in countries like China, India, Indonesia, and Vietnam, where economic development has been accelerating at an unprecedented pace. These nations are witnessing significant shifts from rural to urban living, driven by better employment opportunities, improved infrastructure, and higher standards of living in urban centers. As millions of people migrate to cities, the demand for new housing, commercial spaces, and infrastructure development has surged.

Large-scale construction projects, including residential complexes, commercial buildings, shopping malls, and public infrastructure, are mushrooming across the region. For example, China's urbanization rate has consistently risen, with the government investing heavily in urban infrastructure, housing, and commercial real estate to support this growth. Similarly, India is undergoing a transformation with its smart city initiatives and urban development programs, leading to increased construction activity. Furthermore, the growing middle class in Asia-Pacific is a significant driver of the flooring market. With rising disposable incomes, there is an increasing trend towards home improvement and renovation projects. Consumers are investing in better-quality flooring materials that enhance the aesthetic appeal and functionality of their living spaces. This shift towards premium and luxury flooring options is also fueling market growth.

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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