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Commercial Flooring Trends and Forecast
The future of the global commercial flooring market looks promising with opportunities in the healthcare, education, industrial , and commercial markets. The global commercial flooring market is expected to reach an estimated $185.8 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are growth of commercial construction activities, constant investment of government on infrastructure development on non-residential structures, and the development of green buildings.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Commercial Flooring by Segment
The study includes a forecast for the global commercial flooring by product type, application, and region.
Commercial Flooring Market by Product type [Shipment Analysis by Value from 2018 to 2030]:
• Soft Coverings
• Resilient Flooring
• Non-Resilient Flooring
Commercial Flooring Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Healthcare
• Education
• Industrial
• Commercial
Commercial Flooring Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Commercial Flooring Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial flooring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial flooring companies profiled in this report include-
• Amtico
• The Armstrong Flooring
• Congoleum
• Flowcrete
• Gerflor
• Interface
• James Halstead
Commercial Flooring Market Insights
Lucintel forecasts that soft covering is expected to witness largest share over the forecast period due to its the rising need of anti-microbial fortified flooring products in the healthcare industry
Within this market, commercial will remain the largest segment due to the high utilization in growing growing utilization in centers, offices, and IT parks
APAC is expected to witness highest growth over the forecast period due to rapid urbanization and growing construction industry
Features of the Global Commercial Flooring Market
Market Size Estimates: Commercial flooring market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Commercial flooring market size by various segments, such as by product type, application, , , and region in terms of value ($B).
Regional Analysis: Commercial flooring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, , , and regions for the commercial flooring market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial flooring market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the commercial flooring market size?
Answer: The global commercial flooring market is expected to reach an estimated $185.8 billion by 2030.
Q2. What is the growth forecast for commercial flooring market?
Answer: The global commercial flooring market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the commercial flooring market?
Answer: The major drivers for this market are growth of commercial construction activities, constant investment of government on infrastructure development on non-residential structures and the development of green buildings.
Q4. What are the major segments for commercial flooring market?
Answer: The future of the commercial flooring market looks promising with opportunities in the healthcare, education, industrial , and commercial markets.
Q5. Who are the key commercial flooring market companies?
Answer: Some of the key commercial flooring companies are as follows:
• Amtico
• The Armstrong Flooring
• Congoleum
• Flowcrete
• Gerflor
• Interface
• James Halstead
Q6. Which commercial flooring market segment will be the largest in future?
Answer: Lucintel forecasts that resilient flooring is expected to witness highest growth over the forecast period due to its durability, ease to maintenance, and affordability.
Q7. In commercial flooring market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid economic growth and government support.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the commercial flooring market by product type (soft coverings, resilient flooring, and non-resilient flooring), application (healthcare, education, industrial, and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Commercial Flooring Market, Commercial Flooring Market Size, Commercial Flooring Market Growth, Commercial Flooring Market Analysis, Commercial Flooring Market Report, Commercial Flooring Market Share, Commercial Flooring Market Trends, Commercial Flooring Market Forecast, Commercial Flooring Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Commercial Flooring Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Commercial Flooring Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Commercial Flooring Market by Product type
3.3.1: Soft Coverings
3.3.2: Resilient Flooring
3.3.3: Non-Resilient Flooring
3.4: Global Commercial Flooring Market by Application
3.4.1: Healthcare
3.4.2: Education
3.4.3: Industrial
3.4.4: Commercial
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Commercial Flooring Market by Region
4.2: North American Commercial Flooring Market
4.2.2: North American Commercial Flooring Market by Application: Healthcare, Education, Industrial, and Commercial
4.3: European Commercial Flooring Market
4.3.1: European Commercial Flooring Market by Product type: Soft Coverings, Resilient Flooring, and Non-Resilient Flooring
4.3.2: European Commercial Flooring Market by Application: Healthcare, Education, Industrial, and Commercial
4.4: APAC Commercial Flooring Market
4.4.1: APAC Commercial Flooring Market by Product type: Soft Coverings, Resilient Flooring, and Non-Resilient Flooring
4.4.2: APAC Commercial Flooring Market by Application: Healthcare, Education, Industrial, and Commercial
4.5: ROW Commercial Flooring Market
4.5.1: ROW Commercial Flooring Market by Product type: Soft Coverings, Resilient Flooring, and Non-Resilient Flooring
4.5.2: ROW Commercial Flooring Market by Application: Healthcare, Education, Industrial, and Commercial
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Commercial Flooring Market by Product type
6.1.2: Growth Opportunities for the Global Commercial Flooring Market by Application
6.1.3: Growth Opportunities for the Global Commercial Flooring Market by Region
6.2: Emerging Trends in the Global Commercial Flooring Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Commercial Flooring Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Commercial Flooring Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Amtico
7.2: The Armstrong Flooring
7.3: Congoleum
7.4: Flowcrete
7.5: Gerflor
7.6: Interface
7.7: James Halstead
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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