Commercial Flooring Global Market Report 2025: An Analysis of Market Driving Forces, Trends, and Forecasts Through 2034
The Business Research Company's Commercial Flooring Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, June 3, 2025 /EINPresswire.com/ -- With global construction trends turning towards modernization and aesthetics, the commercial flooring market has seen robust growth recently. Industrial statistics reveal that the market which was worth $65.91 billion in 2024, is anticipated to rise to $69.93 billion in 2025, recording a compound annual growth rate CAGR of 6.1%. Several key factors such as increased commercial construction projects, an upswing in design trends and aesthetics, and a growing demand for durable, low maintenance flooring options have contributed towards this impressive historic period growth. There's also a rising environmental concern and a constant need for renovations and replacements that have fueled this expansion trend.
What's Fueling The Growth Of The Commercial Flooring Market Going Forward?
Looking towards the future, the commercial flooring market is expected to continue its growth trajectory, with projections estimating a market size of $91.27 billion by 2029, growing at a CAGR of 6.9%. This sustained growth is anticipated to be driven by circular economy practices, increased demand in emerging markets, a growing need for resilient and low-maintenance flooring, and stringent safety and slip resistance requirements. The growth of the real estate industry is also seen as a significant contributor to the market expansion.
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What’s Driving The Commercial Flooring Market Growth?
One of the significant driving forces behind this steadfast growth is the global trend of rapid urbanization. Urbanization, that is the shift of population from rural to urban settings, has led to an increased demand for housing and commercial establishments. This, in turn, has resulted in an intensified need for construction, giving a massive boost to the commercial flooring market.
Now, Who Are The Major Players Operating In The Commercial Flooring Market Sector?
Among some prominent names are Mannington Mills Inc., Amtico International Inc., Mohawk Industries Inc., Flowcrete Group Ltd., Forbo Holding AG, Interface Inc., Gerflor SAS, and Hanwha Group. Others include Congoleum Corporation, NOX Corporation, Milliken & Company, LX Hausys, Tarkett S.A., Nora Systems Inc, James Halstead plc., Shaw Industries Group Inc., Beaulieu International Group, J+J Flooring Group, Roppe Holding Company, Burke Industries Inc., Flexible Steel Lacing Company., Altro Limited, Karndean Designflooring, Parterre Flooring Systems, Crossville Inc., American Biltrite Inc., and Johnsonite Inc.
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What Are The Emerging Trends In The Commercial Flooring Market?
In terms of emerging commercial flooring market trends, these major companies have been developing innovative products like luxury vinyl tile LVT to meet the growing demand and expand their product portfolio. The LVT range, targeted at architects and specifiers, offers a plethora of design options including wood, stone, marble, and mineral effects, fortifying the companies' position in the market.
How Is The Commercial Flooring Market Segmented?
The commercial flooring market is also characterized by its diverse segments:
By Product: Soft Covering Flooring, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring, Wood and Laminate
By Distribution Channel: Retail, Wholesale and Distributor Business
By Application: Healthcare, Education, Hospitality, Retail, Public Buildings, Other Applications
Subsegments:
By Soft Covering Flooring: Carpet Tiles, Broadloom Carpets, Area Rugs
By Resilient Flooring: Vinyl Flooring, Luxury Vinyl Tiles LVT, Rubber Flooring
By Non-Resilient Flooring: Ceramic and Porcelain Tiles, Stone Flooring, Concrete Flooring
By Seamless Flooring: Epoxy Flooring, Polyurethane Flooring, Self-Leveling Flooring
What Are The Regional Insights In The Commercial Flooring Market?
In terms of regional insights, North America stood as the largest region in the commercial flooring market in 2024. However, Asia-Pacific is projected to be the fastest-growing region in the forecast period. The market report covers an extensive range of regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Browse Through More Similar Reports By The Business Research Company:
Home Furnishings And Floor Coverings Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/home-furnishings-and-floor-coverings-global-market-report
Industrial Floor Coating Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/industrial-floor-coating-global-market-report
Concrete Floor Coatings Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/concrete-floor-coatings-global-market-report
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