Flooring Market Size and Share



The major players in the flooring market are Armstrong Floor, Delconca, Congoleum Corp., Interface Inc., Mannington Mill Inc., Mohawk Industries, Beaulieu, Instarmac, Forbo Group, IVC Group, Amtico, Polyfor Ltd., Pergo, Tarkett , Marazzi Group, Balta, Gerflor, Flowcrete, Parador, AFI Licensing LLC, Kajaria Ceramics Limited, Toli Corporation, Karndean Design Flooring, Atlas Concorde, Milliken & Company, Shaw Industries Group, Inc., RAK Ceramics and EGGER Group.

Pune, India, August 03, 2021 (GLOBE NEWSWIRE) –

The global flooring market size is expected to increase at a substantial CAGR during the forecast period. As the governments of various regions increase their investments in the construction and infrastructure sector. Some regions are experiencing rapid urbanization and experiencing significant increases in their overall income levels. This will increase the demand for expensive flooring among consumers. The trend of smart cities is also on the rise, which has increased the demand for high-end infrastructure.

The major regional trends that will propel the flooring market share globally are discussed below.

Impact of COVID-19 on the demand for flooring in Asia-Pacific:

The impact of the current COVID-19 pandemic has been quite profound on Asia-Pacific Flooring Market. One of the main reasons for this is the drastic drop in the number of construction activities in the region. Governments have imposed strict closures and movement restrictions, which have slowed the activities of construction companies and affected the supply of raw materials and labor.

The demand for flooring products and services has fallen sharply. However, today, countries in the region are lifting lockdowns and movement restrictions, which will boost construction activity and ultimately fuel demand for flooring solutions in the coming years.

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Non-resilient flooring is having a positive impact on the APAC market:

The non-resilient flooring segment held over 40% of the total APAC market share in 2020. This segment will continue to grow in the years to come. One of the main reasons for this is the increase in industrial activities in the region. Ceramics and stone are some of the most popular non-resilient flooring products. Among these, the ceramic sub-segment will continue to grow in the future as ceramic tiles are made from untreated raw materials which are quite readily available. This form of non-resilient flooring is used to create different firm exteriors and is also used as flooring in different settings.

The Chinese flooring market is showing exceptional progress:

The Chinese market is expected to show promising progress in the coming years. One of the main reasons for this is the presence of some of the most reputable companies in the construction and real estate industry. The country’s government has introduced supportive economic policies to create affordable housing solutions. This factor will drive the demand for flooring solutions in the country. Many manufacturers in the region also produce and export materials all over the world, increasing the reach of the regional market.

Resilient floor coverings are gaining momentum in Europe:

The resilient flooring segment will capture a European market share by 2026. Resilient flooring is produced in rolls or resilient tiles and offers great comfort. It is available in a variety of textures and colors and also has dust-proof properties. It provides insulation against extreme heat and reduces noise in rooms. It is quite easy to install, making it a preferred form of flooring among customers.

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Housing construction is boosting the German market:

Germany will hold more than 20% of the European market. The level of housing construction in the country in 2019 had reached its peak. The country’s government had announced plans to provide funding worth $ 5.9 billion to promote home construction. This will create more than 100,000 homes over the next two to three years. This is an important factor that will create the demand for flooring solutions in the country. Global demand for housing construction and industrial complexes due to rapid urbanization and industrialization across the world will drive the need for high quality and sustainable flooring solutions.

Construction activities are growing rapidly across North America:

North America Flooring Market will reach a valuation of over $ 55.04 billion by 2027. One reason is the increase in construction activity in the region. People are now increasingly aware of the effect of infrastructure on the quality of life. This has increased the demand for smart infrastructure in the region. Technological advancements are taking place in the construction industry, which has improved the quality of flooring products and techniques.

Many companies and governments across North America are increasing their investments in the construction industry and have encouraged the development of new techniques and products. This ultimately had a positive impact on the development of the regional industry.

Access sample pages of the report, “North America Floor Coverings Market Forecast 2027»In detail with the table of contents (ToC) @

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Floor coverings meet a strong demand in the residential sector in North America:

While the flooring business is very useful in the residential and commercial sectors, the North America market share of the residential segment will experience a CAGR of 5.4% through 2027. The population of the region is increasing to a fast pace every year. This has increased the demand for residential space in North America. The per capita income of the regional population has multiplied by several over the years. This has resulted in a high demand for spacious and luxurious homes in metropolitan cities. On the other hand, the demand for the renovation of old housing is constantly increasing. These factors will create demand for the flooring business in North America.

Resilient flooring products are increasingly in demand in North America:

The North America flooring market share from the resilient flooring segment is expected to increase steadily in the future. There are many resilient flooring products available like sheet vinyl, fiberglass, LVT, linoleum, VCT and others. Among these, sheet vinyl flooring is one of the key segments of the North American market.

Sheets are the most preferred form of resilient flooring in the area because they are quite durable, highly water resistant, and cost effective. They are available in different colors and designs, which allows customers to choose from many options. Various advanced technologies are used to improve the performance and durability of vinyl sheets. This factor will also propel the demand for resilient flooring in the region.

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