Global Modular Flooring Market is Projected To Grow At An 5.3% CAGR From 2022 to 2032, Shaw Industries, Tarkett, Armstrong Flooring, Forbo, Gerflor, Adore Floors

According to a research report published by Spherical Insights & Consulting, the Global Modular Flooring Market Size is to grow from USD 57.76 Billion in 2022 to USD 97.41 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 5.3% during the projected period.

The Modular Flooring Market global market research studies offer an in-depth analysis of current industry trends, development models, and methodology. Production processes, development platforms, and the actual product models are some of the variables that have a direct impact on the market. The aforementioned characteristics can drastically vary in response to even minor changes in the product profile. The study provides a thorough explanation of each of these elements of Construction & Manufacturing.

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Market Overview
Modular flooring is a form of the floor that may be simply interconnected and rests firmly on the already existing surface without the necessity of additional anchors or glues. Because it is custom-fit around machines, modular flooring is great for offering superior antifatigue and ergonomic comfort for workers. Modular flooring is a form of the floor that may be simply interconnected and rests firmly on the already existing surface without the necessity of additional anchors or glues.

The global market is Modular Flooring Market robust growth due to:

• Rising Demand in Residential and Commercial Spaces: Increasing renovation activities and new constructions across residential, commercial, and institutional sectors are significantly boosting the demand for modular flooring, thanks to its easy installation and aesthetic appeal.

• Growing Preference for Customization and Design Flexibility: Consumers are seeking more personalized and flexible flooring solutions. Modular flooring, with its wide range of colors, textures, and patterns, caters to these evolving design preferences.

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The carpet tile segment is dominating the market with the largest revenue share over the forecast period.

On the basis of product type, the global Modular Flooring market is segmented into the flexible LVT, rigid LVT, carpet tile, non-vinyl, rubber, ceramic, and others. Among these, the carpet tile segment is dominating the market with the largest revenue share of 58.6% over the forecast period. In commercial contexts like restaurants, retail stores, the hospitality industry, and also in the home sector, carpet tiles are being used more and more frequently. There is a form of flooring called carpet tiled that can be utilized in place of broadloom carpet, which is more frequently employed.

The workplace segment accounted for the largest revenue share of more than 57.2% over the forecast period.

On the basis of application, the global Modular Flooring market is segmented into the workplace, healthcare, education, retail, household, and others. Among these, the workplace segment is dominating the market with the largest revenue share of 57.2% over the forecast period. Workplaces require special consideration since congested commercial areas necessitate resilient floors that can withstand heavy foot traffic while remaining easy to clean and maintain. When choosing modular flooring for businesses, aesthetics, and functionality are crucial factors to consider. Furthermore, price, traffic, layout, and maintenance requirements all play a role in determining the best flooring for the workplace.

List of Key Market Players
• Mohawk Industries
• Shaw Industries
• Tarkett
• Armstrong Flooring
• Forbo
• Gerflor
• Adore Floors
• Mannington Mills Inc.
• Beaulieu International Group
• TOLI Corporation
• Balta Industries NV
• American Biltrite Inc.

Market Challenges

High Initial Cost of Premium Products
While modular flooring offers numerous long-term benefits, high-quality options such as luxury vinyl tiles (LVT), engineered wood, or rubber tiles often come with elevated upfront costs. This poses a barrier, particularly in price-sensitive markets or among small-scale builders and homeowners with limited budgets.

Environmental Concerns Over Synthetic Materials
A significant portion of modular flooring products, especially vinyl and plastic-based tiles, are derived from non-biodegradable materials. Growing environmental awareness and stricter regulations on plastic usage are challenging manufacturers to find more sustainable solutions without compromising on performance or affordability.

Lack of Skilled Installation Workforce in Emerging Markets
Despite the DIY appeal, large-scale commercial modular flooring installations require skilled professionals for proper alignment and long-term durability. Many developing countries face a shortage of trained labor, leading to suboptimal installations and customer dissatisfaction.

Vulnerability to Subfloor Imperfections
Modular flooring systems rely heavily on smooth and stable subfloors. Irregularities in the substructure can lead to poor fitting, lifting, or uneven surfaces-reducing product lifespan and performance, particularly in retrofit or renovation scenarios.

Research Objectives

• To Identify Key Market Drivers and Restraints: Evaluate the primary factors driving market growth-such as urbanization, sustainable construction practices, and ease of installation-alongside restraining factors like high initial costs and environmental concerns.

• To Segment the Market Based on Product Type, Application, and End-User: Provide a detailed analysis of the market by segmenting it into product categories (e.g., vinyl tiles, carpet tiles, wood tiles), application areas (residential, commercial, industrial), and end-user industries (healthcare, education, hospitality, etc.).

Recent Development
On April 2023, Tarkett, a global leader in creative and sustainable flooring and sports surface solutions, today announced a collaboration with AMA, a pioneer in augmented reality (aR) solutions and integrator of B2B software for the smart workplace. Tarkett's after-sales support will be improved thanks to the deployment of AMA's XpertEye remote assistance system to its flooring installers in the DACH region. Tarkett offers timely installation of the industry's largest flooring products while also boosting the quality of its after-sales service.

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Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Modular Flooring Market based on the below-mentioned segments:

Modular Flooring Market, Product Type Analysis
• Flexible LVT
• Rigid LVT
• Carpet Tile
• Non-Vinyl
• Rubber
• Ceramic
• Others

Modular Flooring Market, Application Analysis
• Workplace
• Healthcare
• Education
• Retail
• Household
• Others

Regional Segment Analysis of the global modular flooring market
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Rest of APAC)
South America (Brazil and the Rest of South America)
The Middle East and Africa (UAE, South Africa, Rest of MEA)

What's covered in the report?
1. Overview of the Modular Flooring Market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Modular Flooring Market, based on segment.
3. Modular Flooring Market trends.
4. Modular Flooring Market drivers.
5. Analysis of major company profiles.

FIVE FORCES ANALYSIS

1. Competitive Rivalry - High
The modular flooring market is highly fragmented, with numerous global and regional players offering a wide range of products across materials like vinyl, carpet, wood, and rubber.

2. Threat of New Entrants - Moderate to High
The growing popularity of modular flooring and relatively low capital investment for small-scale operations make the market accessible to new players.

3. Bargaining Power of Suppliers - Moderate
Suppliers of raw materials such as polymers, recycled content, wood, rubber, and adhesives wield moderate influence.

4. Bargaining Power of Buyers - High
Buyers-ranging from large commercial builders to residential customers-have access to a wide variety of options in terms of design, pricing, and functionality.

5. Threat of Substitutes - Moderate
Traditional flooring solutions such as ceramic tiles, marble, concrete, and hardwood remain strong alternatives, especially in markets that prioritize long-term durability over modular flexibility.

PESTLE ANALYSIS

Political Factors: Government Infrastructure Initiatives: Many countries are investing in public infrastructure, smart cities, and affordable housing projects, which directly boost modular flooring demand.

Economic Factors: Global Construction Spending: Increased spending on both commercial and residential construction post-pandemic has significantly uplifted the demand for modular flooring.

Social Factors: Changing Consumer Preferences: Urban consumers are increasingly favoring modern, customizable, and easy-to-install flooring solutions, fueling the shift from traditional to modular formats.

Technological Factors: Advancements in Material Science: New materials offering better acoustic insulation, waterproofing, and thermal efficiency are expanding modular flooring applications.

Legal Factors: Product Safety and Certification Requirements: Regulatory standards like ASTM, ISO, and CE certifications must be met to ensure fire resistance, indoor air quality, and sustainability compliance.

Environmental Factors: Sustainability Demands: Increasing pressure from governments, customers, and environmental watchdogs is driving the development of eco-friendly modular flooring made from recycled or biodegradable materials.

Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Modular Flooring Market Analysis and Projection, By Product Type
• Global Modular Flooring Market Analysis and Projection, By Type
• Global Modular Flooring Market Analysis and Projection, By Segment Type
• Global Modular Flooring Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Modular Flooring Market-Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Modular Flooring Market
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis

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About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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