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Economic development

Global Flooring Market to Reach USD 534.6 Billion by 2030

Strategic Insights

— 2 min read

The global flooring market is expected to experience significant growth due to rising construction activities, increasing industrialization, and urbanization. The market size is estimated to reach USD 534.6 billion by 2030, registering a CAGR of 6.8% from 2025 to 2030. The growth can be attributed to the increasing demand for flooring materials in commercial and industrial applications. The expanding residential, commercial, and industrial sectors in the Asia Pacific region, driven by sustainable economic growth, are expected to boost construction activities and drive the flooring market.

Key Takeaways:

  • The vitrified (Porcelain) tile product segment led the market and accounted for over 36.65% of revenue share in 2024.
  • The residential application segment dominated the market and accounted for 50.4% of the revenue share in 2024.
  • The Asia Pacific region dominated the market and accounted for 65.4% of the total revenue share in 2024.
  • The market is expected to grow due to factors such as increasing investment in affordable housing, smart city construction, upgradation & construction of infrastructure, and investment in the tourism sector.
  • Major players in the flooring market include Mohawk Industries, Inc., Tarkett, S.A., AFI Licensing, Burke Flooring Products, Inc., and Shaw Industries, Inc.
  • The global wood and laminate flooring market size is expected to reach USD 80.78 billion by 2030, expanding at a CAGR of 5.5%.
  • The global commercial flooring market size is expected to reach USD 200.56 billion by 2030, expanding at a CAGR of 4.8%.
  • The global resilient flooring market size is expected to reach USD 65.29 million by 2030 and is expected to expand at 7.4% CAGR from 2024 to 2030.

Statistics:

  • The global flooring market size is expected to reach USD 534.6 billion by 2030.
  • The market is expected to grow at a CAGR of 6.8% from 2025 to 2030.
  • The vitrified (Porcelain) tile product segment accounted for over 36.65% of revenue share in 2024.
  • The residential application segment accounted for 50.4% of the revenue share in 2024.
  • The Asia Pacific region accounted for 65.4% of the total revenue share in 2024.

Sources:

  • "Flooring Market" report by Grand View Research, Inc.
  • "The global fiberglass flooring market size is expected to reach USD 1.22 billion by 2030" report by Grand View Research, Inc.
  • "The global commercial flooring market size is expected to reach USD 200.56 billion by 2030" report by Grand View Research, Inc.
  • "The global resilient flooring market size is expected to reach USD 65.29 million by 2030" report by Grand View Research, Inc.
  • "The global wood and laminate flooring market size is expected to reach USD 80.78 billion by 2030" report by Grand View Research, Inc.

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