Commercial Flooring Market Report: Trends, Forecast and Competitive Analysis to 2030

Commercial Flooring Market Report: Trends, Forecast and Competitive Analysis to 2030

Commercial Flooring Trends and Forecast

The future of the global commercial flooring market looks promising with opportunities in the healthcare, education, industrial , and commercial markets. The global commercial flooring market is expected to reach an estimated $185.8 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are growth of commercial construction activities, constant investment of government on infrastructure development on non-residential structures, and the development of green buildings.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Commercial Flooring by Segment

The study includes a forecast for the global commercial flooring by product type, application, and region.

Commercial Flooring Market by Product type [Shipment Analysis by Value from 2018 to 2030]:

• Soft Coverings
• Resilient Flooring
• Non-Resilient Flooring

Commercial Flooring Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Healthcare
• Education
• Industrial
• Commercial

Commercial Flooring Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Commercial Flooring Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial flooring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial flooring companies profiled in this report include-

• Amtico
• The Armstrong Flooring
• Congoleum
• Flowcrete
• Gerflor
• Interface
• James Halstead

Commercial Flooring Market Insights

Lucintel forecasts that soft covering is expected to witness largest share over the forecast period due to its the rising need of anti-microbial fortified flooring products in the healthcare industry

Within this market, commercial will remain the largest segment due to the high utilization in growing growing utilization in centers, offices, and IT parks

APAC is expected to witness highest growth over the forecast period due to rapid urbanization and growing construction industry

Features of the Global Commercial Flooring Market

Market Size Estimates: Commercial flooring market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Commercial flooring market size by various segments, such as by product type, application, , , and region in terms of value ($B).

Regional Analysis: Commercial flooring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, application, , , and regions for the commercial flooring market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial flooring market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the commercial flooring market size?

Answer: The global commercial flooring market is expected to reach an estimated $185.8 billion by 2030.

Q2. What is the growth forecast for commercial flooring market?

Answer: The global commercial flooring market is expected to grow with a CAGR of 4.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the commercial flooring market?

Answer: The major drivers for this market are growth of commercial construction activities, constant investment of government on infrastructure development on non-residential structures and the development of green buildings.

Q4. What are the major segments for commercial flooring market?

Answer: The future of the commercial flooring market looks promising with opportunities in the healthcare, education, industrial , and commercial markets.

Q5. Who are the key commercial flooring market companies?

Answer: Some of the key commercial flooring companies are as follows:

• Amtico
• The Armstrong Flooring
• Congoleum
• Flowcrete
• Gerflor
• Interface
• James Halstead

Q6. Which commercial flooring market segment will be the largest in future?

Answer: Lucintel forecasts that resilient flooring is expected to witness highest growth over the forecast period due to its durability, ease to maintenance, and affordability.

Q7. In commercial flooring market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid economic growth and government support.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the commercial flooring market by product type (soft coverings, resilient flooring, and non-resilient flooring), application (healthcare, education, industrial, and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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