The commercial flooring market in Canada is expected to reach a projected revenue of US$ 4,990.1 million by 2030. A compound annual growth rate of 4.6% is expected of Canada commercial flooring market from 2023 to 2030.
Armstrong Flooring Inc, RPM International Inc, Interface Inc, Forbo Holding AG, James Halstead PLC, Noxel Corp, Amtico International, Congoleum, Gerflor Group, Mohawk Industries Inc, Mannington Mills, Inc., Nora systems, TOLI
Other key industry trends
In terms of revenue, Canada accounted for 2.6% of the global commercial flooring market in 2022.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. commercial flooring market is projected to lead the regional market in terms of revenue in 2030.
Canada is the fastest growing regional market in North America and is projected to reach USD 4,990.1 million by 2030.
Increasing government investments in infrastructure projects, expanding population, rising urbanization, and increased immigration are driving the demand for the construction of commercial and institutional building structures.
Rising industrial construction activities owing to the growth of the manufacturing industry are expected to fuel the demand for factories and warehouses, driving the commercial flooring market over the forecast period.
As of 2022, service sector accounts for over 70% of the GDP in Canada. An increasing number of service-providing firms in the country is expected to propel the demand for office spaces, thereby, fueling the growth of the commercial construction sector.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Commercial Flooring Market will help companies and investors design strategic landscapes.
Carpet was the largest segment with a revenue share of 44.8% in 2022.
Horizon Databook has segmented the Canada commercial flooring market based on ceramics, vitrified (porcelain), carpet, vinyl, lvt, linoleum & rubber, wood & laminate, natural stone, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing government investments in infrastructure projects, expanding population, rising urbanization, and increased immigration are driving the demand for the construction of commercial and institutional building structures.
Rising industrial construction activities owing to the growth of the manufacturing industry are expected to fuel the demand for factories and warehouses, driving the commercial flooring market over the forecast period.
As of 2022, service sector accounts for over 70% of the GDP in Canada. An increasing number of service-providing firms in the country is expected to propel the demand for office spaces, thereby, fueling the growth of the commercial construction sector.
Canada Commercial Flooring Market Product Outlook (Revenue, USD Million , 2018-2030)
Ceramics
Vitrified (Porcelain)
Carpet
Vinyl
LVT
Linoleum & Rubber
Wood & Laminate
Natural Stone
Other Products
Canada Commercial Flooring Market End Use Outlook (Revenue, USD Million , 2018-2030)
Commercial Buildings
Institutional Buildings
Industrial Buildings
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Canada commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.