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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.

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.

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.

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