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

By Type;

Carpets And Rugs and Mats.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn138900694 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Floor Coverings Market (USD Million), 2021 - 2031

In the year 2024, the Global Floor Coverings Market was valued at USD 297,768.01 million. The size of this market is expected to increase to USD 441,852.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global floor coverings market stands as a cornerstone of the construction and interior design industries, providing both functional and aesthetic solutions to spaces worldwide. Characterized by an array of materials, styles, and applications, this market caters to diverse consumer preferences and evolving design trends. From traditional carpets to contemporary vinyl, the offerings span a spectrum of textures, colors, and durability levels, ensuring suitability for various environments, from residential to commercial settings.

In recent years, technological advancements have revolutionized the floor coverings landscape, introducing innovative materials and manufacturing techniques. Sustainable options have gained significant traction, reflecting the growing environmental consciousness among consumers and industry players alike. Additionally, customization capabilities have expanded, allowing for tailored solutions that meet specific design requirements and performance expectations.

The market's trajectory is heavily influenced by factors such as urbanization, real estate developments, and economic conditions. As urban populations continue to swell, particularly in emerging economies, demand for floor coverings is propelled by new construction projects and renovation endeavors. Moreover, shifting consumer lifestyles and preferences contribute to the dynamic nature of this market, prompting manufacturers to continually innovate and adapt to changing demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Region
  4. Global Floor Coverings Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Construction Activities
        2. Rising Renovation and Remodeling Trends
        3. Technological Advancements
        4. Increasing Disposable Income
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Environmental Concerns
        3. Intense Competition
        4. Economic Uncertainties
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Product Innovation and Differentiation
        3. Online Retailing
        4. Focus on Sustainability
    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. Global Floor Coverings Market, By Type, 2021- 2031 (USD Million)
      1. Carpets And Rugs
      2. Mats
    2. Global Floor Coverings 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
      2. Shaw Industries
      3. Tarkett
      4. Interface, Inc
      5. Mannington Mills
      6. Armstrong Flooring
      7. Beaulieu International Group
      8. Gerflor Group
      9. Congoleum Corporation
      10. Forbo Holding AG
  7. Analyst Views
  8. Future Outlook of the Market