Global Outdoor Flooring Market Report and Forecast 2023-2028

Global Outdoor Flooring Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global outdoor flooring market attained a value of USD 17085.8 million in 2022. Aided by the growing construction industry and increasing urbanisation, the market is projected to further grow at a CAGR of 5.3% between 2023 and 2028 to reach a value of USD 23477.81 million by 2028.

Outdoor flooring refers to the installation of durable and weather-resistant materials for outdoor surfaces, such as patios, decks, balconies, and walkways, among others. Outdoor flooring materials include wood, concrete, natural stone, ceramics, and synthetic materials, like composite decking and rubber. The primary function of outdoor flooring is to provide an aesthetically pleasing and functional surface that can withstand various environmental factors, such as moisture, temperature fluctuations, and UV radiation.

One of the key factors driving the global outdoor flooring market growth is the expanding construction industry. As residential and commercial construction projects continue to increase worldwide, the demand for outdoor flooring materials, particularly in urban areas, is expected to rise. Moreover, with the growing focus on sustainable construction practices, the use of eco-friendly and recycled materials in outdoor flooring applications is also gaining traction, further propelling the market growth.

Furthermore, the growing trend of outdoor living and landscaping is also driving the outdoor flooring market expansion. Homeowners and commercial property owners are increasingly investing in the development of outdoor spaces, such as patios, decks, and gardens, to enhance the aesthetic appeal and functionality of their properties. As a result, the demand for outdoor flooring materials that can withstand harsh weather conditions and require minimal maintenance is expected to grow.

The development of innovative and advanced outdoor flooring materials is another key trend shaping the outdoor flooring market demand. Manufacturers are focusing on developing new materials that are not only durable and weather-resistant but also visually appealing and easy to install. These innovations are expected to drive the demand for outdoor flooring materials in the coming years.

Additionally, the rising focus on public infrastructure development, such as parks, plazas, and pedestrian walkways, is also expected to contribute to the outdoor flooring market demand. Governments and urban planners are increasingly investing in the development of attractive and functional public spaces to enhance the quality of life for urban residents. As a result, the demand for outdoor flooring materials that can withstand heavy foot traffic and provide slip resistance is expected to increase.

Market Segmentation

The market can be divided based on material, flooring type, construction type, end use, and region.

Market Breakup by Material

• Wood and Laminate
• Ceramic
• Synthetic Fibre and Fabrics
• Others

Market Breakup by Flooring Type

• Non-Resilient
• Resilient

Market Breakup by Construction Type

• New Construction
• Renovation

Market Breakup by End Use

• Residential
• Public Infrastructure
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global outdoor flooring companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Armstrong Flooring, Inc.
• Beaulieu International Group N.V.
• Citadel Floors
• Ecore International
• Mohawk Industries, Inc.
• Mats Inc.
• Fiberon
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.