Press release
Resilient Flooring Market Expected to Reach USD USD 83.77 billion by 2034, Growing at a CAGR of 6.7%
Market Outlook
The global resilient flooring market was valued at USD 43.73 billion in 2024 and is expected to grow to USD 83.77 billion by 2034. The market is expected to expand at a CAGR of 6.7% from 2025 to 2034.
Overview
Resilient flooring is any floor covering substance that is not wood, textile, stone, concrete, or ceramic. It is congenial underfoot as it offers a modest bounce back. Vinyl flooring is one instance of resilient flooring. It comes in an assortment of colors, motifs, textures, and plank widths that take after a gamut of finishes involving wood, stone, ceramic, and marble. There are several kinds of substances to opt from. When determining a type, it's crucial to collate all alternatives and examine the particular requirements of the room it will be utilized. These floors provide an ease benefit with underfoot reinforcement and reduced exhaustion due to appended cushion and flexibility of substances.
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Growth Factors and Opportunities
An increased urbanization calls for flooring materials that can bear heavy usage and offer design flexibility, driving up the demand for resilient flooring. Moreover, there is a growing focus on stain-free, curtailment of microbial growth, and sterility in sectors such as healthcare, education and hospitality will propel the resilient flooring market forward.
Key Participants
Prominent market contenders are funding massively in R&D in order to augment their offerings which will assist the market to grow even more. Some of the major players participating in the resilient flooring market are:
• AHF, LLC.
• Ardex Endura
• Beaulieu International Group
• Fatra, a.s.
• Forbo Flooring Systems
• Gerflor.
• Interface, Inc.
• IVC Group
• Mannington Mills, Inc.
• Milliken & Company
• Mohawk Industries
• MONDO S.p.A.
• Polyflor Ltd
• Shaw Industries Group, Inc.
• Tarkett USA & Canada
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Resilient Flooring Market Report Highlights
o In terms of application, the residential segment led the expansion of the resilient flooring market in 2024, driven by increasing demand for flooring solutions that are durable, cost-efficient, and visually appealing for residential spaces.
o Based on product, the vinyl sheet & floor tile segment is anticipated to experience the fastest growth during the forecast period, owing to its affordability, versatility, and broad application scope.
o Asia Pacific dominated the global market in 2024, propelled by factors such as rapid urbanization, robust infrastructure development, and a growing population in key countries.
o North America is expected to witness the fastest growth in the resilient flooring market size during the forecast period, attributed to the rising preference for energy-efficient and environmentally sustainable flooring options.
Country-Wise Insights
Resilient Flooring Market, Regional Outlook (Revenue - USD Billion, 2020-2034)
o North America
◘ Product Outlook
» Luxury Vinyl Tiles
» Vinyl Sheet & Floor Tile
» Linoleum
» Cork
» Rubber
◘ Application Outlook
» Residential
» Commercial
◘ Distribution Channel Outlook
» Home Centers
» Specialty Stores
» Online
» Others
o Europe
◘ Product Outlook
» Luxury Vinyl Tiles
» Vinyl Sheet & Floor Tile
» Linoleum
» Cork
» Rubber
◘ Application Outlook
» Residential
» Commercial
◘ Distribution Channel Outlook
» Home Centers
» Specialty Stores
» Online
» Others
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Market Segmentation
The resilient flooring analysis is mainly based on product, application, distribution channel, and region. Based on application, the residential segment witnesses the fastest growth. Also, according to the product, the vinyl sheet & floor tile segment holds a significant revenue share. It is cost-effective, original, and has a wide range of applications, which makes it more user-friendly.
Resilient Flooring Market, Product Outlook
• Luxury Vinyl Tiles
• Vinyl Sheet & Floor Tile
• Linoleum
• Cork
• Rubber
Resilient Flooring Market, Application Outlook (Revenue - USD Billion, 2020-2034)
• Residential
• Commercial
Resilient Flooring Market, Distribution Channel Outlook (Revenue - USD Billion, 2020-2034)
• Home Centers
• Specialty Stores
• Online
• Others
FAQ's
1. What are the resilient flooring market stats?
2. What is the growth rate of the resilient flooring market value?
3. Which region dominated the resilient flooring market revenue in 2024?
4. Who are the key players in the resilient flooring market?
5. Which segment dominated the resilient flooring market in 2024?
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