Australia Flooring Market Report and Forecast 2025-2034

Australia Flooring Market Outlook

The Australia flooring market size reached USD 4.99 billion in 2023. The market is expected to grow at a CAGR of 3.03% between 2024 and 2032, reaching almost USD 6.55 billion by 2032.

Key Takeaways:

• According to ABS, the number of new private-sector homes increased by 3.0% to 23,597 units, in the third quarter of 2023.

• As per ABS, in Australia, the total number of residential units increased by 1.3%, reaching 38,397 houses.

• Furthermore, between 2020 and 2021, gross disposable income increased by 3.7% to reach USD 1.39,064, according to ABS.

Increased focus on building and construction activities along with the growing disposable income drive the demand for flooring market in Australia

A strong urban Australia strategy, with an emphasis on improving cities and suburbs, is included in the 2023–24 Federal Budget, an attempt to strengthen Australia's USD 90 billion infrastructure pipeline. A large investment in infrastructure is likely to boom new construction projects in a number of areas, such as residential and commercial real estate, public transportation, and urban rejuvenation initiatives. This will increase demand for building supplies, such as flooring goods, and support the growth of the Australia flooring market.

Further, the growth of Australia flooring market can be attributed to rising disposable income in the country. More people living in cities are actively undertaking home improvement and renovation projects for their homes and flats. It is more common for people to choose building materials, including flooring, based on current market trends and changing individual preferences.

According to Master Builders Australia, the building and construction industry represents around 10% of the GDP, making it the fifth biggest sector of the economy.

Market Segmentation

Australia Flooring Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Material

• Resilient
  • Vinyl
  • Linoleum
  • Rubber
  • Others
• Non-Resilient
  • Ceramic Tiles
  • Laminated
  • Stone
  • Wood
  • Others

Market Breakup by Application

• Residential

• Commercial

• Industrial

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia flooring market key players are SIKA Australia Pty Ltd., Mapei Australia Pty. Ltd., Gerflor Australasia Pty Ltd., Interface Australia Pty Ltd., Antiskid Industries Pty Ltd., MB Solutions Australia Pty Ltd., Multiblast Flooring Pty Ltd., Hychem Pty Ltd., Roxset Australia, and Kajaria Tiles Australia, among others.

Key Highlights of the Report