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Report Overview

The global flooring market size reached approximately USD 438.77 Billion in 2024. The market is projected to grow at a CAGR of 5.60% between 2025 and 2034, reaching a value of around USD 756.62 Billion by 2034. This growth is being driven by factors like urbanization and a growing inclination towards high-quality flooring materials. Consumers also value durability and design. They are seeking flooring solutions that provide lasting performance with an appealing look. However, as the market continues its dynamic evolution, flooring material innovations like eco-friendliness and sustainability have gained traction. Rise in demand for versatile, easy-to-maintain and stylish floor covering is further bolstering the market potential.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Resilient flooring systems are expected to dominate the market over the forecast period.

  • As per the National Wood Flooring Association, in the United States, the hardwood flooring sector contributes USD 4 billion to the US GDP and employs 45,000 people.

  • Soaring popularity of patterned luxury vinyl and paraquet effect are among the key flooring market trends.

Compound Annual Growth Rate

Value in USD Billion

5.6%

2025-2034


Flooring Market Outlook

*this image is indicative*

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Flooring Market Trends

One of the key trends in the flooring market is the growing demand for high-quality residential flooring solutions. As people make more investments into their homes, there is a burgeoning relationship with lasting, stylish, and sustainable choices. Increasing consumer awareness of the significance of energy-efficient appliances and devices in the residential segment has led to this shift which is subsequently propelling market growth as companies are concentrating on developing innovative products to cater to the demand in this segment.

Manufacturers focusing more on meeting the demand in the construction industry is a key trend in the flooring market. As urbanization increases and residential and commercial projects expand, manufacturers are producing solutions that meet the changing needs of customers in the market. This trend is driving companies to innovate and invest in advanced production techniques to meet consumers' needs for sustainable, cost-effective, and long-lasting construction solutions. With the construction industry booming, flooring manufacturers are devoting energy to create products that fulfill quality expectations and environmental demands. This trend is influencing the growth of the market as more investments lead to a steady supply of quality flooring materials to meet the demands of construction projects across the world.

Rising investments and the burgeoning furniture industry are propelling the growth of the flooring market. The construction sector is looking for sustainable and innovative flooring solutions, which motivate manufacturers to prioritize developing advanced installation techniques. Moreover, as sustainable regulatory standards evolve around the globe, the market continues to experience innovations that fulfill demands for aesthetics as well as environmental expectations, propelling their growth trajectory and widening the market scope of flooring solutions.

One of the market trends is rising consumer demand for energy-efficient flooring products with improved insulation characteristics. With energy bills going up, buyers are looking for options that will offer better insulation and reduce energy costs. The market experiences further growth, supported by the input of manufacturers focusing on new designs and easy installation processes. This demand for improved thermal performance flooring is spurring both market expansion and improvements in insulation technology, both of which are continuing to drive industry growth.

Flooring Market

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Key Trends and Developments

Market Concentration & Characteristics

Both the residential and commercial sectors are fragmented. The flooring market is quite concentrated in nature and dominated by top manufacturers. Key players drive market growth by expanding their product offerings to cater to various consumer needs. Additionally, as demand increases, these manufacturers are forced to innovate and adapt to trends, continuing to offer a competitive edge in an ever-evolving flooring space.

Leading manufacturers dominate this market, with a focus on technology and product innovations to cater to increasing consumer demand. The development of more advanced digital printing technology enables complex designs to be applied to ceramics, which increases the range of products. To adapt to different environments, manufacturers also have plans to make investments in developing waterproofing solutions on a larger scale. Unique flooring products that serve the different aspects of buildings in more than one way both in terms of functionality and aesthetics are further compelling the market to grow.

The flooring market shows that the M&A consolidation is gradually increasing. Mergers and acquisition strategies are being adopted by key players to gain a larger market share, broaden product portfolios, and fuel growth in industries. Such mergers enable the manufacturers to achieve state-of-the-art technology, enhance the production capabilities and further consolidate their position in the competitive market.

The flooring market is often characterized by heavy regulatory standards, especially when it comes to sustainability. Consumer demand and changing regulations have led manufacturers to focus on sustainable materials and eco-friendly vinyl flooring. This transformation is driving market growth as firms develop novel solutions for sustainable alternatives. This focus on sustainability is indeed fostering competition, determining the course of the market toward a more environmentally friendly, longer-lasting floor.

Flooring requirements are becoming more concentrated with a focus on offering different types of products like wood, laminate, ceramic and natural stone. With the growing consumer need for sustainable flooring solutions, manufacturers are also focusing on eco-friendly materials. This trend is propelling market growth, with consumers increasingly aware of a balance between aesthetics, durability and the environment. Soaring demand for a range of flooring materials ranging from sustainable wood and laminate is boosting appeal within the market and momentum for innovation.

One of the major trends identified in the flooring market is consumer demand for materials with increased insulation characteristics. As energy costs continue to rise, customers have been looking for flooring products that provide better insulation and help to reduce energy bills. Both trends demand for insulation technology and increasing demand for flooring which improves thermal performance are driving growth and innovation across this field, further contributing to industry growth.

On the other end, demand for flooring is growing across residential, commercial, and industrial sectors and whereas; the same is witnessing increased concentration in recent years. Urbanization is fueling growth, as there is an increase in construction projects and the need for durable, cost-effective flooring solutions. A variety of tailored products are being developed by manufacturers to meet the specific needs of these sectors, which are becoming increasingly prevalent among various applications.

Product Insights

Ceramic tiles are among the strongest and most versatile flooring options in the market. They are available in a wide variety of colors, patterns, and finishes, making them ideal for numerous types of residential and commercial application. Ceramic tiles are an excellent choice for heavy traffic areas like kitchens, bathrooms and entryways because of their moisture resistance, ease of maintenance and low cost. The growing demand for green products has also increased the demand for ceramic tiles.

Vitrified porcelain tiles are an advanced form of ceramic tiles which are strong, have low life and durability. The tiles are stain-, scratch- and water-resistant, which makes them ideal for both residential and commercial use. Increasing demand is driven mostly by their aesthetic appeal along with better performance in higher moisture areas. Vitrified tiles are manufactured using high-end penalties that can encompass a wide range of designs, and hence, are best suited for consumers looking for high end maintenance-free options.

Carpet is a good choice for residential and commercial places due to the comfort and warmth, the sound absorption features, and variety of designs. Carpets also come in many textures, colors, and patterns, which allows consumers to customize each room or décor. Their insulating characteristics help improve energy efficiency in homes, and the array of pile options. These are easy to install; however, they need proper maintenance to retain their appearance and performance for a long time.

Luxury Vinyl Tiles (LVT) are currently trending in the market. These offer the highest quality aesthetics to look like natural materials like timber or stone. The water-resistant nature of vinyl also makes them an ideal choice for kitchens, bathrooms, and basements. Known for its resemblance to either hardwood or ceramic, LVT has gained ground in both the residential and commercial arena as an effective means of getting both style and durability at an affordable overall price.

Vinyl Composite Tile (VCT) is an affordable floor covering commonly used in commercial environments, offering a cost-effective option with long-lasting resilience and low maintenance. Eco floor coverings like linoleum and rubber floor types are being used increasingly in both the commercial and residential spaces where they require a more sustainable and slip-resistant surface. Wood and laminate flooring are considered classics. Laminate is a more affordable, low-maintenance solution that replicates that natural wood aesthetic. These flooring solutions address a wide range of consumer needs as per their preferred cost, performance and design.

Flooring Market By Segments

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Application Insights

Residential floors are typically selected based on looks, durability and comfort. Ceramic, wood, and laminate floors are common because of their stylish looks and ease of maintenance. Vinyl and luxury vinyl tiles (LVT) are gaining in popularity because they can emulate higher-end materials such as hardwood and stone. Carpeted materials also still hold a preference in living rooms and bedrooms owing to their warmth and comfort.

From healthcare to retail and corporate industries, commercial spaces have an obvious need for flooring solutions that can stand up to heavy foot traffic without sacrificing a polished look. Hence, there is a wide use of vinyl composite tiles (VCT) and luxury vinyl tiles (LVT) because they are hard-wearing, easy to lay, and easy to maintain. Ceramic tiles, wood, and laminate are also commonly installed as these require a mixture of aesthetics and utility. These materials are durable enough to withstand the daily rigors of an office or retail environment.

Industrial applications require strong and durable flooring that can withstand the weight of heavy machinery, chemicals, and high foot traffic. In warehouses and factories, vinyl, VCT, and rubber floors are popular due to impact resistance, easy cleaning, and slip-resistance. The materials are used for both safety and functional purposes, while also providing longevity in harsh environments. It is also used in some industrial places where it is considered environmentally sound and can withstand heavy machinery.

Type Insights

For flexible, tough and comfortable to stand on, resistant flooring is the most ideal option. This type of flooring consists of products such as vinyl, luxury vinyl tiles (LVT), linoleum, and rubber. Resistant flooring is highly resistant to wear, stains, and water, and thus best suited for high-traffic rooms or water-exposure rooms like the kitchen and bathroom. The flooring products are also sound-absorbing and soft to walk on, which creates a comfortable setting in home and business environments.

The non-resilient floor, including ceramic tiles, natural stone, wood, and laminate, is defined by its hardness and strength. These are generally employed for their appearance since they are engineered to resemble natural building materials with complex patterns and texture. Non-resilient floors are extremely durable and ideal for high-traffic areas. Moreover, they are easier to use, clean, and maintain, which makes them perfect for home and business purposes as well.

Non-resilient and resilient flooring types evolve to fit consumer preferences for durability, eco-friendliness, and low maintenance. It also remains a popular category of resilient flooring, particularly LVT and vinyl which have found significant traction in both residential and commercial sectors where water resistant, low-maintenance flooring is a must. Conversely, classic look and long-term value flooring options such as ceramic tiles and wood are still in demand. Increasing demand for sustainable and high-performance materials is spurring innovation in both categories.

Regional Insights

Australia Flooring Market

The Australian flooring market is witnessing consistent growth, fueled by a flourishing construction industry and an increasing preference for sustainable and premium-quality flooring solutions. The residential and commercial sectors are majorly driving market growth, with the residential end-use segment displaying a growing trend towards luxury vinyl tiles, timber, and carpet products. The expansion of green flooring alternatives like bamboo and cork has also helped boost the market due to growing consumer interests in environmentally sustainable options.

United States Flooring Market

With growing consumer demand for functional yet aesthetically pleasing flooring options, the United States flooring market continues to be one of the largest in the world. Hundreds of flooring options are available in the market. These are available in the form of wood, vinyl or laminate, all popular for their low cost, ease of installation and huge amount of design options. Furthermore, the increasing demand for home renovation projects and commercial infrastructure is accelerating the demand. The regular introduction of advanced flooring products including waterproof, scratch-resistant, and others boosts consumer buying decisions, contributing to long-term growth of the overall market.

Europe Flooring Market

The top players in European market are investing in diversified product transformation which is gaining momentum in the region due to the varying consumer preferences and increasing demand for innovative and sustainable materials. Germany, France, and the United Kingdom lead the market while there is a rising prominence for eco-friendly flooring solutions such as cork, linoleum and engineered wood. Another market driver is the increased emphasis on interior design and the demand for high-quality, long-lasting flooring in residential and commercial spaces.

Asia Pacific Flooring Market

Urbanization, increasing disposable incomes, and construction will keep the Asia Pacific flooring market booming, especially in China and India. The need for affordable and rugged flooring alternatives like vinyl, ceramic tiles, as well as laminate is proliferating. Additionally, there is a rising desire for higher-end goods such as engineered wood and luxury vinyl tiles as the middle class grows and demand for aesthetically pleasing interiors rises. Manufacturers visioning the flooring market face many opportunities and challenges owing to the broad consumer base in the region and its disparate economic situations.

Key Companies & Market Share Insights

The flooring market is segmented by product type and geography. Manufacturers with a consolidated profile in the flooring sector have established distribution channels across multiple countries. They have increasingly invested in digital printing technology to design complex ceramic combinations and product variety. Lowering oil prices will lead manufacturers to develop waterproofing solution devices.

Furthermore, manufacturers are also building a solid online identity in order to stay ahead of their competition. The innovative products and appropriate display & distribution systems, along with online catalogs and virtual assistants, assist the customers in selecting the right product for the intended application. As a result, the buyers prefer visiting online sites before paying a visit to stores for collecting information related to the products and the brand. This has made it easier for manufacturers with a strong hold on the virtual front.

  • In February 2025, for both residential and commercial applications, Sika introduced SikaBond-5900 and SikaBond-5800, two tried-and-true resilient flooring adhesives that can be used for the interior installation of luxury vinyl tile, luxury vinyl plank, vinyl sheet goods (homogeneous and heterogeneous), fiberglass-backed sheet vinyl, carpet tile, rubber flooring, and more.
  • In July 2024, AHF Products announced the release of Ingenious Plank, their most recent flooring innovation. In terms of performance, sustainability, and design, this next-generation hybrid resilient flooring raises the bar. Armstrong Flooring, Bruce, and Robbins are among the AHF brands that will be launching Ingenious Plank.
  • In July 2024, the introduction of a specialized range of all-inclusive flooring systems designed to satisfy the requirements of electric vehicle (EV) battery manufacture was announced by Sherwin-Williams Protective & Marine Coatings, a world leader in protective coating solutions for gigafactories. 
  • In April 2024, SPAN FLOORS, a prominent manufacturer of luxury home facades and flooring in India, announced the launch of Coswick's Quick-ship Collection, which will provide high-end homeowners with an unparalleled selection of top-notch engineered wooden flooring that may be delivered in 45 days or in stock.
  • In April 2024, a non-PVC plank and tile flooring collection was introduced by international flooring producer Tarkett, demonstrating the company's comprehensive approach to assisting businesses in achieving their sustainability objectives. In terms of dimensional stability, impact resistance, and simplicity of maintenance, the Collective PursuitTM collection is a high-performance option that can compete with luxury vinyl tile. It is Tarkett North America's first collection of its kind.

List of Key Flooring Companies

  • Mohawk Industries, Inc.
  • Berkshire Hathaway, Inc. (Shaw Industries Group, Inc.)
  • Tarkett S.A.
  • Armstrong World Industries Inc. (AHF, LLC)
  • Gerflor Group
  • Mannington Mills Inc.
  • Forbo Flooring
  • Interface, Inc.
  • Polyflor Ltd.
  • RAK Ceramics PJSC
  • Crossville, Inc.
  • Ceramiche Atlas Concorde SpA
  • Porcelanosa Group
  • Kajaria Ceramics Limited
  • Canadian Flooring
  • AFI Licensing
  • Burke Flooring Products, Inc.

Global Flooring Market Report Segmentation

The study on the flooring market delivers detailed analysis on region-level perspective depending on specific contemporary industry trends. It considers various segments, such as product, application, and type. By assessing all these segments, this report presents a thorough discussion of market drivers, regulations, and emerging opportunities observed in the market.

Product Outlook (Revenue, Billion, 2025-2034)

  • Ceramic Tiles
  • Vitrified (Porcelain) Tiles
  • Carpet
  • Vinyl
  • Luxury Vinyl Tiles (LVT)
  • Vinyl Composite Tile (VCT)
  • Linoleum/Rubber
  • Wood & Laminate
  • Others

Type Outlook (Revenue, Billion, 2025-2034)

  • Resilient
  • Non-Resilient

Application Outlook (Revenue, Billion, 2025-2034)

  • Residential
  • Commercial
  • Industrial

Region Outlook (Revenue, Billion, 2025-2034)

  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others

Flooring Market Report Snapshots

Flooring Market Size

Flooring Market Trends

Flooring Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 438.77 Billion.

The market is estimated to grow at a CAGR of 5.60% between 2025 and 2034.

The market is projected to reach a value of around USD 756.62 Billion by 2034.

Rapid urbanization, technology development, and the growing popularity of house remodeling are driving the industry.

The growing demand for environmental flooring, the growing use of paraquet effect, the growing popularity of patterned luxury vinyl, and the growing attraction of dark wood laminate are the main trends driving the market expansion.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major applications include residential and commercial, among others.

The major players in the market are Mohawk Industries, Inc., Berkshire Hathaway, Inc. (Shaw Industries Group, Inc.), Tarkett S.A., Armstrong World Industries Inc. (AHF, LLC), Gerflor Group, Mannington Mills Inc., Forbo Flooring, Interface, Inc., Polyflor Ltd., RAK Ceramics PJSC, Crossville, Inc., Ceramiche Atlas Concorde SpA, Porcelanosa Group, Kajaria Ceramics Limited, Canadian Flooring, AFI Licensing, and Burke Flooring Products, Inc.

The market was dominated by the residential segment.

China led the global flooring market share.

Ceramic tiles led with the dominant share in the market.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Type
  • Application
  • Region
Breakup by Product
  • Ceramic Tiles
  • Vitrified (Porcelain) Tiles
  • Carpet
  • Vinyl
  • Luxury Vinyl Tiles (LVT)
  • Vinyl Composite Tile (VCT)
  • Linoleum/Rubber
  • Wood & Laminate
  • Others
Breakup by Type
  • Resilient
  • Non-Resilient
Breakup by Application
  • Residential
  • Commercial
  • Industrial
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Supplier Selection
  • Key Global Players
  • Key Regional Players
  • Key Player Strategies
  • Company Profiles
Companies Covered
  • Mohawk Industries, Inc.
  • Berkshire Hathaway, Inc. (Shaw Industries Group, Inc.)
  • Tarkett S.A.
  • Armstrong World Industries Inc. (AHF, LLC)
  • Gerflor Group
  • Mannington Mills Inc.
  • Forbo Flooring
  • Interface, Inc.
  • Polyflor Ltd.
  • RAK Ceramics PJSC
  • Crossville, Inc.
  • Ceramiche Atlas Concorde SpA
  • Porcelanosa Group
  • Kajaria Ceramics Limited
  • Canadian Flooring
  • AFI Licensing
  • Burke Flooring Products, Inc.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-723-689-1189

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124