Global Flooring Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Carpets Tiles, Vinyl & Rubber, and Wood & Other.

By Type;

Resilient Flooring, Non-Resilient Flooring, and Soft Floor Covering.

By Application;

Healthcare, Education, Hospitality, Retail, and Sports.

By End-Use Industry;

Residential and Non-Residential.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn156004755 Published Date: May, 2025 Updated Date: June, 2025

Flooring Market Overview

Flooring Market (USD Million)

Flooring Market was valued at USD 305,473.34 million in the year 2024. The size of this market is expected to increase to USD 453,286.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Global Flooring Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 305,473.34 Million
Market Size (2031)USD 453,286.70 Million
Market ConcentrationMedium
Report Pages331
305,473.34
2024
453,286.70
2031

Major Players

  • Mohawk Industries, Inc.
  • Tarkett
  • Forbo
  • Shaw Industries Group Inc.
  • Interface, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Flooring Market

Fragmented - Highly competitive market without dominant players


The flooring market continues to advance, fueled by growing demand for surfaces that combine durability and aesthetic value. Both residential and commercial sectors are prioritizing flooring that enhances space visually while meeting practical needs. Currently, about 65% of installations emphasize this dual focus, underlining the importance of both form and function in modern flooring choices.

Surge in Sustainable Flooring Solutions
Environmental considerations are reshaping purchasing decisions, with a clear trend toward sustainable flooring materials. Products made from recycled content, bio-based compounds, and low-VOC finishes are becoming more prevalent. These eco-friendly options now account for over 40% of recent innovations, reflecting consumer demand and compliance with evolving green standards.

Innovation Enhancing Durability and Efficiency
Technological progress is improving flooring performance and user convenience. Features such as moisture resistance, antimicrobial finishes, and tool-free installation are now present in more than 55% of new offerings. These advancements address key concerns in high-use and high-moisture spaces, boosting both lifespan and functionality.

Cost-Conscious Renovation Fuels Market Activity
Budget-friendly materials are driving an uptick in flooring renovation projects. Products like laminate and vinyl offer appealing alternatives to more expensive traditional options. As a result, close to 50% of flooring investments now target replacements instead of new installations, emphasizing affordability and upgrade value.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Type

    3. Market Snapshot, By Application

    4. Market Snapshot, By End-Use Industry
    5. Market Snapshot, By Region
  4. Flooring Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid Urbanization and Industrialization

        2. Growing Construction Industry

        3. Renovation and Remodeling Activities

      2. Restraints
        1. Environmental Concerns and Sustainability Issues

        2. Volatility in Raw Material Prices

        3. Shifts in Consumer Preferences and Lifestyle Changes

      3. Opportunities
        1. Growing Renovation and Remodeling Sector

        2. Shift towards Sustainable Flooring Solutions

        3. Increasing Demand for Luxury Vinyl Tiles (LVT)

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Flooring Market, By Material, 2021 - 2031 (USD Million)
      1. Carpets Tiles
      2. Vinyl & Rubber
      3. Wood
      4. Other
    2. Flooring Market, By Type, 2021 - 2031 (USD Million)
      1. Resilient Flooring

      2. Non-Resilient Flooring

      3. Soft Floor Covering

    3. Flooring Market, By Application, 2021 - 2031 (USD Million)

      1. Healthcare

      2. Education

      3. Hospitality

      4. Retail

      5. Sports

    4. Flooring Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Residential

      2. Non-Residential

    5. Flooring Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Mohawk Industries, Inc. (US)
      2. Tarkett (France)
      3. Forbo (Switzerland)
      4. Shaw Industries Group Inc. (Georgia)
      5. Interface, Inc. (US)
  7. Analyst Views
  8. Future Outlook of the Market