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Construction Surge Propels Growth In The Hard Surface Flooring Market Driver: A Major Catalyst in the Evolution of the Hard Surface Flooring Market in 2025
What market dynamics are playing a key role in accelerating the growth of the hard surface flooring market?The upsurge in construction activities is projected to boost the expansion of the hard surface flooring market. The term "construction activities" encompasses the process of building, understanding the method of construction, and the final installation or building. Hard-surface flooring is a durable, reliable, and easy-to-care-for construction material. Its practical and aesthetic features make hard-surface flooring a preferred choice for both commercial and residential spaces. Key advantages of hard-surface flooring include easy upkeep, functional designs, personalization options, and durability. For instance, as per the Australian Bureau of Statistics, a government administration based in Australia, the number of dwellings being built increased by 1.3% in the first quarter of 2023, reaching a record high of 240,813 units. This exceeds the earlier milestone of 240,065 units recorded in the first quarter of 2022. Hence, the rise in construction activities is a key driver of growth in the hard surface flooring market.
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How will the growth rate of the hard surface flooring market shape industry trends by 2034?
In recent times, the hard surface flooring market has shown robust growth. It is projected to expand from $40.2 billion in 2024 to $42.35 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.4%. Factors such as urbanization, increase in population, extension of the housing market, economic progression, and modifications in lifestyle have been significant contributors to the growth throughout the historic period.
The hard surface flooring market is anticipated to experience significant growth in the ensuing years, expanding to a value of $53.03 billion in 2029 with a compound annual growth rate (CAGR) of 5.8%. This growth during the predicted period can be ascribed to factors such as sustainable construction methodologies, the desire for luxury and bespoke flooring, escalated residential and commercial building activity, advancements in the real estate sector, and renovations and remodeling endeavours. Foreseen trends during this period comprise the increasing appeal of luxury vinyl tiles, amplified attention towards sustainable and environmentally friendly flooring choices, the use of digital printing technology, the need for easy-to-maintain and seamless flooring solutions, and a rising preference for modular and customizable floor designs.
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What trends are poised to drive the future success of the hard surface flooring market?
The hard-surface flooring market is increasingly impacted by technological innovations, a trend which is becoming more prevalent. Companies involved in the hard-surface flooring industry are resorting to novel techniques and solutions to maintain their market positions. For instance, Bjelin Sweden AB, a Swedish firm specializing in hardwood flooring, announced the release of a new 3.0-floor range of hardened wood in April 2023. These new products come with revised and enhanced colours, formats, and technologies. The flooring features a water-tight joint, enabled by a water-resistant locking mechanism, ensuring an enduring, straightforward, and speedy installation process. The hardened wood floors utilise the cutting-edge Woodura technology, which is a sophisticated process for producing authentic wooden floors that are also eco-friendly. With this technology, the production volume can be tenfold, using the same amount of wood, and it could make the flooring thrice as robust as standard wood.
Which primary segments of the hard surface flooring market are driving growth and industry transformations?
The hard surface flooring market covered in this report is segmented -
1) By Material Type: Vinyl Flooring, Vinyl Sheet, Vinyl Composition Tile, Rubber Flooring, Cork Flooring, Asphalt Flooring, Linoleum Flooring, Other Materials
2) By Surface Type: Seamless Flooring, Wood Flooring, Laminate Flooring
3) By Installation Type: Glue-Down, Floating, Nail Or Staple, Click-Lock
4) By Distribution Channel: Online Retail, Offline Retail, Other Distribution Channels
5) By Application: Residential Buildings, Nonresidential Buildings, Transportation
Subsegments:
1) By Vinyl Flooring: Luxury Vinyl Tile (LVT), Luxury Vinyl Plank (LVP), Vinyl Sheet
2) By Vinyl Sheet: Homogeneous Vinyl Sheet, Heterogeneous Vinyl Sheet
3) By Vinyl Composition Tile (VCT): Standard VCT, High-Performance VCT
4) By Rubber Flooring: Rolled Rubber Flooring, Rubber Tiles
5) By Cork Flooring: Unfinished Cork Flooring, Finished Cork Flooring
6) By Asphalt Flooring: Asphalt Tiles, Asphalt Sheet Flooring
7) By Linoleum Flooring: Linoleum Tiles, Linoleum Sheets
8) By Other Materials: Concrete Flooring, Ceramic Tile, Stone Flooring
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Which geographical regions are pioneering growth in the hard surface flooring market?
North America was the largest region in the hard surface flooring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hard surface flooring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the hard surface flooring market landscape?
Major companies operating in the hard surface flooring market include Mohawk Industries Inc., Shaw Industries Group Inc., Tarkett S.A., Beaulieu International Group, Dal-Tile International Inc., Forbo Holding AG, Interface Inc., LL Flooring Holdings Inc., Gerflor Group, Mannington Mills Inc., Armstrong Flooring Inc., Polyflor Ltd., Congoleum Corporation, Emser Tile LLC., Crossville Inc., Somerset Hardwood Flooring Inc., Boa-Franc Inc., Roppe Corporation, Karndean International Limited, Quickstep, Marazzi Group S.R.L., Faus Group Inc., NOX Corporation, Mullican Flooring L.P., Provenza Floors Inc., Urban Global LLC., Novabell S.P.A., Kentwood Floors Inc., Us Floors Inc., Johnsons Premium Hardwood Flooring Inc.
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What Is Covered In The Hard Surface Flooring Global Market Report?
• Market Size Forecast: Examine the hard surface flooring market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the hard surface flooring market for a structured understanding.
• Key Players Overview: Analyze major players in the hard surface flooring market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hard surface flooring market.
• Segment Contributions: Evaluate how different segments drive overall growth in the hard surface flooring market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hard surface flooring market.
• Industry Challenges: Identify potential risks and obstacles affecting the hard surface flooring market.
• Competitive Landscape: Review strategic developments in the hard surface flooring market, including expansions, agreements, and new product launches.
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