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PUBLISHER: Grand View Research | PRODUCT CODE: 1268730
PUBLISHER: Grand View Research | PRODUCT CODE: 1268730
Commercial Flooring Market Size, Share & Trends Analysis Report By Product (Wood & Laminate, LVT, Ceramics, Natural Stone, Linoleum & Rubber), By Region (North America, Asia Pacific), And Segment Forecasts, 2023 - 2030
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Commercial Flooring Market Growth & Trends:
The global commercial flooring market size is expected to reach USD 200.56 billion by 2030, expanding at a CAGR of 4.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. This is on account of the growing industrialization in developing countries, which has increased the demand for commercial spaces and thus triggered the demand for commercial flooring. Construction activities of commercial sub-sectors, such as institutional buildings, office complexes, public buildings, and municipal corporations, are expected to increase over the next couple of years. The recovery of the construction industry in developed economies, such as the U.S., coupled with rapidly rising infrastructure activities in developing economies, such as China and India, is a key factor influencing the global development of the non-residential construction market.
The commercial flooring market 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. The market is witnessing a rapid shift toward the domestic production of commercial flooring products, such as ceramic tiles, carpets, wood, and laminate. Many Italian companies are increasingly investing in the North American market owing to the abundant raw material availability and a huge customer base. The growing population in the major economies of Asia Pacific is driving the industrialization and construction of commercial buildings.
This has triggered the market for commercial flooring products, such as ceramics, porcelain, carpet, LVT, and natural stone, in the market. Moreover, the growing consumer disposable income has resulted in increased spending on the renovation and refurbishment of commercial spaces based on the color & texture of products. This is positively influencing the demand for commercial flooring in the market. Companies including Mohawk, Armstrong, Mannington Mills, Flowcrete, Amtico, Forbo, Interface Global, IVC Group, Pergo, and Shaw Floors are some of the key manufacturers of flooring solutions for commercial applications in the global market.
These companies supply their products to the market through numerous distribution channels including third-party agreements with vendors and wholesalers, direct supply agreements with construction companies, and retail outlets as well as e-commerce portals. Floorings installed through contractors is also a key stage in the value chain. Several companies including Acton Flooring, Becker Brothers, Atlantic Floors & Services, Duffy & Lee Company, M & S Flooring, Inc., Chaves Flooring, Inc., and BNE Contractors are some of the companies/contractors that are engaged in providing flooring installation services to end-users. In addition, the majority of flooring manufacturing companies provide installation services along with post-installation care.
Commercial Flooring Market Report Highlights:
- The vitrified (porcelain) product segment accounted for the largest revenue share of 28.2% in 2022 and is forecasted to grow at a CAGR of 4.7% by 2030. Resistance to mold and bacteria offered by impervious porcelain tiles leads to long-term value in floor covering. In addition, this flooring product does not fade and is easy to maintain
- The linoleum & rubber product segment is forecasted to grow at the fastest CAGR of 6.3% from 2023 to 2030. This is owing to its advantages over other floorings as linoleum & rubber floorings are free of PVC, resistant to water and chemical spills. Moreover, these are versatile and high-performing flooring options available in plank, tile, and sheet formats
- Asia Pacific accounted for the largest revenue share of 46.2% in 2022. This is attribute to the growing population in major economies of Asia Pacific which is driving the need for industrialization and construction of commercial buildings. This has triggered the demand for commercial flooring products, such as ceramics, porcelain, carpet, LVT, and natural stone, in the market.
- A rise in the construction spending on commercial buildings, such as shopping malls, hotels, and healthcare facilities worldwide, especially in developing nations, is expected to propel the growth of the flooring market over the forecast period
- The global market is expected to remain highly competitive on account of the fragmented nature. The manufacturers aim to achieve optimum business growth and strong industry position through implementation of various strategies, such as acquisitions, new product launches, collaborations, and strengthening of distribution networks in the global as well as regional markets
Product Code: 978-1-68038-403-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's 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 Outlook, 2022
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunity Analysis
- 3.4.4. Market Challenge Analysis
- 3.5. Business Environment Analysis: Commercial Flooring Market
- 3.5.1. Industry Analysis - Porter's
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat from New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. Industry Analysis - PESTLE by SWOT
- 3.5.1. Industry Analysis - Porter's
- 3.6. Market Disruption Analysis
Chapter 4. Commercial Flooring Market: Product Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2022 & 2030
- 4.3. Commercial Flooring Market Estimates & Forecasts, by Product, (Million Square meters) (USD Million), 2018 to 2030
- 4.3.1. Ceramics
- 4.3.2. Vitrified (Porcelain)
- 4.3.3. Carpet
- 4.3.4. Vinyl
- 4.3.5. LVT
- 4.3.6. Linoleum & Rubber
- 4.3.7. Wood & Laminate
- 4.3.8. Natural Stone
- 4.3.9. Others
Chapter 5. Commercial Flooring Market: Regional Estimates & Trend Analysis
- 5.1. Commercial Flooring Market: Regional Key Takeaways
- 5.2. Commercial Flooring Market: Regional Outlook
- 5.2.1. North America
- 5.2.1.1. North America Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.1.2. U.S.
- 5.2.1.2.1. U.S. Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.1.3. Canada
- 5.2.1.3.1. Canada Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.1.4. Mexico
- 5.2.1.4.1. Mexico Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2. Europe
- 5.2.2.1. Europe Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.2. Germany
- 5.2.2.2.1. Germany Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.3. UK
- 5.2.2.3.1. UK Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.4. France
- 5.2.2.4.1. France Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.5. Italy
- 5.2.2.5.1. Italy Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.6. Spain
- 5.2.2.6.1. Spain Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.7. Russia
- 5.2.2.7.1. Russia Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.8. Romania
- 5.2.2.8.1. Romania Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.9. Czech Republic
- 5.2.2.9.1. Czech Republic Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.10. Portugal
- 5.2.2.10.1. Portugal Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.11. Ukraine
- 5.2.2.11.1. Ukraine Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.12. Slovakia
- 5.2.2.12.1. Slovakia Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.2.13. Hungary
- 5.2.2.13.1. Hungary Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3. Asia Pacific
- 5.2.3.1. Asia Pacific Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.2. China
- 5.2.3.2.1. China Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.3. India
- 5.2.3.3.1. India Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.4. Japan
- 5.2.3.4.1. Japan Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.5. Australia
- 5.2.3.5.1. Australia Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.6. South Korea
- 5.2.3.6.1. South Korea Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.7. Indonesia
- 5.2.3.7.1. Indonesia Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.8. Philippines
- 5.2.3.8.1. Philippines Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.3.9. Vietnam
- 5.2.3.9.1. Vietnam Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.4. Central & South America
- 5.2.4.1. Central & South America Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.4.2. Brazil
- 5.2.4.2.1. Brazil Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.4.3. Argentina
- 5.2.4.3.1. Argentina Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.4.4. Chile
- 5.2.4.4.1. Chile Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.4.5. Colombia
- 5.2.4.5.1. Colombia Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.4.6. Peru
- 5.2.4.6.1. Peru Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5. Middle East & Africa
- 5.2.5.1. Middle East & Africa Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5.2. Saudi Arabia
- 5.2.5.2.1. Saudi Arabia Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5.3. UAE
- 5.2.5.3.1. UAE Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5.4. Qatar
- 5.2.5.4.1. Qatar Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5.5. Israel
- 5.2.5.5.1. Israel Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5.6. South Africa
- 5.2.5.6.1. South Africa Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5.7. Morocco
- 5.2.5.7.1. Morocco Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.5.8. Egypt
- 5.2.5.8.1. Egypt Commercial Flooring market estimates and forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.2.1. North America
Chapter 6. Commercial Flooring Market - Competitive Analysis
- 6.1. Key players & recent developments & their impact on the industry
- 6.2. Vendor Landscape
- 6.3. Competition Categorization
- 6.4. Company market position analysis
- 6.5. Competitive Dashboard Analysis
- 6.6. Private Companies
- 6.7. List of key emerging companies and their geographical presence
- 6.8. Comaony Heat Map Analysis
- 6.9. Company Listings
- 6.9.1. Amtico
- 6.9.2. The Armstrong Flooring, Inc
- 6.9.3. Congoleum
- 6.9.4. Flowcrete (RPM)
- 6.9.5. Forbo International SA
- 6.9.6. Gerflor
- 6.9.7. Interface Inc.
- 6.9.8. IVC Group
- 6.9.9. James Halstead Plc.
- 6.9.10. Mannington Mills Inc
- 6.9.11. NOX Corporation
- 6.9.12. Tkflor
- 6.9.13. Nora
- 6.9.14. Toli flooring
Product Code: 978-1-68038-403-1
List of Tables
- 1. Commercial flooring market revenue estimates & forecasts by material, 2018 - 2030 (Million Square meters) (USD Million)
List of Figures
- 1. Information Procurement
- 2. Primary Research Pattern
- 3. Primary Research Process
- 4. Market research approaches - Bottom Up Approach
- 5. Market research approaches - Top Down Approach
- 6. Market research approaches - Combined Approach
- 7. Commercial Flooring market segmentation
- 8. Market Lineage Outlook
- 9. Commercial Flooring market - Value chain analysis
- 10. Commercial Flooring Market: Market dynamics
- 11. Commercial Flooring market driver impact analysis
- 12. Commercial Flooring market, by product: Key takeaways, 2022 & 2030
- 13. Commercial Flooring market, by product: Market Share, 2022 & 2030
- 14. North America Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 15. U.S. Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 16. Canada Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 17. Mexico Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 18. Europe Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 19. Germany Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 20. France Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 21. UKCommercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 22. Italy Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 23. Spain Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 24. Russia Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 25. Ukraine Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 26. Portugal Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 27. Czech Republic Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 28. Slovakia Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 29. Hungary Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 30. Asia Pacific Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 31. China Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 32. India Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 33. Japan Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 34. South Korea Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 35. Vietnam Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 36. Philippines Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 37. Indonesia Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 38. Australia Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 39. Middle East & Africa Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 40. Saudi Arabia Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 41. UAE Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 42. Qatar Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 43. Egypt Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 44. Israel Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 45. South Africa Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 46. Morocco Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 47. Central & South America Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 48. Brazil Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 49. Argentina Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 50. Colombia Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 51. Chile Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 52. Peru Commercial Flooring market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 53. Commercial Flooring market: Competitive Environment
- 54. Company Heat Map Analysis
- 55. Commercial Flooring market: Competitive dashboard analysis
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