From GlobeNewswire: 2025-05-26 10:01:00

The global flooring market is experiencing significant growth due to increased consumer investments in renovation and construction activities. Projected to reach USD 730.59 billion by 2031, the market is driven by demand in residential, commercial, and industrial sectors. Key product segments include ceramic tiles, vinyl, laminate, hardwood, and carpets, with resilient flooring materials gaining popularity.

In the developing regions of Asia Pacific and the Middle East and Africa, there is a surge in residential construction activities, driving the demand for construction and building materials. Asia Pacific leads the market, with strong growth in the residential construction sector. Ceramic tile flooring is highly favored for its durability, low maintenance, and versatility in design, attracting both residential and commercial applications.

Geographically, Asia Pacific led the flooring market in 2024, followed by North America and Europe. Asia Pacific is expected to register the highest CAGR during the forecast period. Major players in the market include Mohawk Flooring, Shaw Industries Group, Tarkett, Armstrong Flooring, and others. Trending topics in the industry include industrial concrete flooring, luxury vinyl tile (LVT) flooring, and ceramic tiles.

The global construction industry’s growth is boosting the demand for flooring solutions, with a particular emphasis on sustainable and energy-efficient buildings. The adoption of ceramic tiles is also contributing to market growth due to their energy-saving properties and easy maintenance. The Insight Partners report provides valuable insights for stakeholders navigating this evolving market landscape.

For further information or inquiries, contact Ankit Mathur at [email protected] or +1-646-491-9876. Visit https://www.theinsightpartners.com/ for more industry research reports and insights.



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