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Flooring Market Trends, Growth Drivers
& Future Outlook 2025–2032



The global flooring market size is projected to grow from USD 439.27 billion in 2025 to USD 646.70
billion by 2032, exhibiting a CAGR of 5.7%. In 2024, the market was valued at USD 416.56 billion. Asia
Pacific dominated the flooring market with a market share of 52.39% in 2024. Moreover, the flooring
market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 39.25
billion by 2032.
Flooring is a material that is applied to a subfloor structure to arrange a walking surface. The flooring
products utilized are vinyl tiles, ceramic, carpets, and laminates, delivering a clean, smooth, attractive,
and hard surface to the floor. The surging new construction facilities propel market growth.
Fortune Business Insights™ mentions this in a report titled, “Flooring Market, 2025-2032.”

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Report: https://www.fortunebusinessinsights.com/enquiry/sample/flooring-market-
102740
List of Key Players Present in the Report:
 Mohawk Industries, Inc. (U.S.)
 Shaw Industries Group, Inc. (U.S.)
 TARKETT S.A. (France)
 Armstrong Flooring, Inc. (U.S.)
 Forbo Flooring Systems (Netherlands)
 Gerflor (France)

Interface, Inc. (U.S.)
 Beaulieu International Group (Belgium)
 Toli Corporation (Japan)
 Milliken & Company (U.S.)
 Congoleum (U.S.)
 Flowcrete (U.K.)

James Halstead (U.K.)
 The Dixie Group (U.S.)
 Victoria PLC (U.K.)
Segments
Growing Need for Easy-to-Install Floor Coverings to Drive Non-Resilient Segment Growth
Based on type, the market is segmented into non-resilient, resilient, and carpets & rugs. The non-
resilient segment held the largest flooring market share in 2023. The segment’s growth is attributed to
the surging demand for easy-to-install floor coverings.
Increasing Disposable Income of People to Drive Residential Segment Growth
By end-use, the market is segmented into residential, commercial, and industrial. The residential
segment is dominating the market. The growth is attributed to the growing population and the growing
disposable income of consumers globally.
Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and
the Middle East & Africa.
Report Coverage
The report offers:
 Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
 Comprehensive insights into regional developments.
 List of major industry players.
 Key strategies adopted by the market players.
 The latest industry developments include product launches, partnerships, mergers, and
acquisitions.
Drivers & Restraints
Augmenting Global Population to Drive Market Expansion
The surging population globally, further generating significant demand for the housing facilities drive
the flooring market growth. The increasing focus of many manufacturers on delivering suitable aesthetic
surface solutions and maintaining the house's interior, fulfilling the specifications related to impact
resistance, durability, and strength to propel the market growth.
However, the reduced availability and price volatility of the petroleum-based raw materials used to
produce products, including vinyl surfaces for floors, may impede market expansion.
Flooring is a finishing material applied over a floor or subfloor structure to arrange for a walking surface.
These products offer properties such as resistance to dents, scratches, and moisture and are easy to
clean. Majorly used products include ceramic tiles, carpets, vinyl tiles, and laminates, as they provide a
smooth, hard, clean, and attractive surface to the floors. These benefits lead consumers to use floor
products while renovating existing and developing new residential and non-residential buildings.

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Increasing new construction facilities and the surging demand for residential buildings, healthcare
facilities, and commercial amenities drive market growth.
Regional Insights
Increasing Planned Investments to Drive Market Expansion in Asia Pacific
Asia Pacific holds the largest market share and accounted for USD 205.76 billion in annual revenue
during 2023. The region’s growth is driven by rapid industrialization, rising planned investments, and
structure policies for construction activities in Asia Pacific nations, such as India, China, and others.
Europe is witnessing significant growth in the market. The growth is attributed to the increasing
consumer preference and expenditure toward luxurious living spaces in the region.
Information Source: https://www.fortunebusinessinsights.com/flooring-market-102740
Competitive Landscape
Growing Focus of Major Market Players on Acquisitions to Drive Market Growth
The flooring market consists of many key players globally. The increasing adoption of acquisitions, new
product development, and joint ventures to expand their product portfolio and regional presence drives
market growth.
Key Industry Development
November 2021 – Beaulieu Flooring Solutions launched a unique latex-free carpet. It is the first
recyclable event carpet globally, primarily product for corridors, entrance halls, and fair stands. The
carpet launch will help Beaulieu Flooring Solutions expand its product portfolio.