Innovation In Modular Flooring Industry Trends Gaining Momentum in the Global Modular Flooring Market

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Modular Flooring Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a significant expansion in the modular flooring market in the past few years. The market size is projected to increase from $61.84 billion in 2024 to $65.71 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.3%. Factors promoting growth during the historic period include the surge in commercial construction projects, the emphasis on sustainability and the use of environment-friendly materials, population urbanization patterns and prevailing interior design trends. The convenience of installation and maintenance, as well as a rise in refurbishment and remodeling activities, have also significantly contributed.

Modular Flooring Market Size Forecast: What's the Projected Valuation by 2029?
The market for modular flooring is projected to experience significant expansion in the coming years, with an expected value of $86.67 billion in 2029 and a compound annual growth rate (CAGR) of 7.2%. The anticipated growth during the forecast period is driven by various factors including the increasing popularity of luxury vinyl tiles (LVT), growth in the healthcare and education sectors, preference for resilient and impact-resistant flooring, use of sustainable and recyclable materials, and the rise of e-commerce in flooring sales. Significant trends predicted for the forecast period encompass digital printing technology, luxury vinyl tiles (LVT), hybrid flooring solutions, modular carpet tiles, and intelligent flooring technologies.

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What Are the Drivers Transforming the Modular Flooring Market?
The rise in both home and commercial refurbishment efforts are projected to bolster the expansion of the modular flooring market. Refurbishment involves reconfiguring the interior design of existing structures, as well as substituting or mending worn components. Home refurbishment involves the substitution of conventional flooring with a variety of modular flooring alternatives. For example, a report released by Houzz, a US-based home redesign and remodeling platform, in March 2023, kitchen and bathroom renovations remained as the most popular projects, with a higher proportion of homeowners opting for these updates in 2022 (28% and 25%, correspondingly) compared to 2021 (27% and 24%, correspondingly). Consequently, the surge in home and commercial renovation endeavours is propelling the growth of the modular flooring market.

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What Long-Term Trends Will Define the Future of the Modular Flooring Market?
Innovation is fueling the modular flooring market. In June 2024, France-based Tarkett introduced the Quiet Edit carpet tile collection for commercial spaces like lobbies and meeting rooms. The collection emphasizes high performance and subtle design inspired by reused materials, offering a modern flooring solution for commercial interiors.

Which Segments in the Modular Flooring Market Offer the Most Profit Potential?
The modular flooring market covered in this report is segmented -

1) By Product Type: Ceramic, Rubber, Carpet Tile, Rigid LVT, Polyolefin (Non-vinyl), Flexible LVT, Other Product Types
2) By Components: Polyvinyl Chloride Resins, Plasticizers, Trace Stabilizers, Pigments, Other Components
3) By End Users: Retail, Healthcare, Education, Household, Workplace, Other End Users

Subsegments:
1) By Ceramic: Porcelain Tiles, Glazed Ceramic Tiles, Unglazed Ceramic Tiles, Mosaic Tiles, Other Ceramic Types
2) By Rubber: Natural Rubber Flooring, Synthetic Rubber Flooring, Recycled Rubber Flooring, Interlocking Rubber Tiles, Other Rubber Types
3) By Carpet Tile: Loop Pile Carpet Tiles, Cut Pile Carpet Tiles, Berber Carpet Tiles, Specialty Carpet Tiles, Other Carpet Tile Types
4) By Rigid LVT (Luxury Vinyl Tile): Stone-Composite Rigid LVT, Wood-Composite Rigid LVT, Other Rigid LVT Types
5) By Polyolefin (Non-vinyl): Polypropylene Tiles, Polyethylene Tiles, Other Polyolefin Types
6) By Flexible LVT (Luxury Vinyl Tile): Standard Flexible LVT, Specialty Flexible LVT, Other Flexible LVT Types
7) By Other Product Types: Cork Flooring, Bamboo Flooring, Linoleum, Other Modular Flooring Types

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Which Firms Dominate the Modular Flooring Market by Market Share and Revenue in 2025?
Major companies operating in the modular flooring market include Mohawk Industries Inc., Shaw Industries Inc., Tarkett S.A., Armstrong Hardwood Flooring LLC, Forbo Holding AG, Gerflor Group, Interface Inc., RK Rose+Kreiger GmbH, Swisstrax LLC, Duratrac Flooring Ltd., Fab Floorings, Versare Solutions LLC, Mateflex, Balta Group, Milliken & Company, Burmatex Ltd., Mannington Mills Inc., Beaulieu International Group, Congoleum Corporation, Roppe Holding Company, Burke Industries Inc., Flexco Corporation, Altro Limited, Amtico International, Brintons Carpets Limited, Desso Group, Fletco Carpets A/S, Gerbert Limited, Nora Systems Inc., PortaFloor

Which Regions Offer the Highest Growth Potential in the Modular Flooring Market?
Asia Pacific was the largest region in the modular flooring market in 2024. The regions covered in the modular flooring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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