Indoor Flooring Market is anticipated to grow up to US$ 226.3 billion by 2031 | Beaulieu International Group, ECORE International, Forbo Flooring

New York, The global Indoor Flooring market was valued at US$ 133.3 billion in 2021 and it is anticipated to grow up to US$ 226.3 billion by 2031, at a CAGR of 5.4% during the forecast period.

Global Indoor Flooring Market report from Global Insight Services is the single authoritative source of intelligence on Indoor Flooring Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Flooring is the lower enclosing surface of spaces within buildings. This might be part of the floor structure, such as the upper surface of a concrete slab or floor boards, but typically it is a permanent covering laid over the floor. Further, indoor flooring is used when renovating a new building or an old structure. Indoor flooring is available in various materials, designs, and colors. Secondly, materials required to construct floors in residential and non-residential buildings are known as indoor flooring items.

Market Drivers and Trends

The increase in urban population increases the residential and non-residential construction activities. The global urban population is rapidly increasing. For instance, according to World Bank statistics, in April 2020, about 56% of the global population (~4.4 billion inhabitants) lived in cities. This trend is expected to increase continuously. Also, by 2045, the world's urban population will increase by 1.5 times to 6 billion. Thus, new construction projects, such as business complexes, hospitals, housing facilities, and shopping malls, are being prompted by the rise in urban population. For instance, in August 2022, Casagrand unveiled an independent residential construction venture, CASAGRAND PERCH, and announced plans to construct 500 homes over the next 3 years under the new initiative. Therefore, with the rising residential and non-residential construction projects, the demand for indoor flooring is also increasing for a better interior appearance.

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Global Indoor Flooring Market Segmentation

By Type

Ceramic Tiles
Carpet
Vinyl, Linoleum, & Rubber
Wood & Laminate
Others
By End User

Residential
Non-Residential

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Major Players in the Global Indoor Flooring Market

The key players studied in the global indoor flooring market are Armstrong Flooring, Inc. (US), Beaulieu International Group (Belgium), ECORE International (US), Forbo Flooring (The Netherlands), Interface, Inc. (US), Matter Surfaces, Inc. (US), Mohawk Industries, Inc. (US), Tarkett (France), TOLI Corporation (Japan), and Welspun Flooring (India).

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