Philippines Commercial Flooring Market, 2022-2030
The commercial flooring market in Philippines is expected to reach a projected revenue of US$ 2,404.1 million by 2030. A compound annual growth rate of 5.4% is expected of Philippines commercial flooring market from 2023 to 2030.
- Materials
- Construction Materials
- commercial flooring market
- Construction Materials
Revenue, 2022 (US$M)
$1,574.5
Forecast, 2030 (US$M)
$2,404.1
CAGR, 2023 - 2030
5.4%
Report Coverage
Philippines
Philippines Commercial Flooring Market, 2018-2030 (US$M)
Global Market
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Philippines commercial flooring market highlights
- The Philippines commercial flooring market generated a revenue of USD 1,574.5 million in 2022 and is expected to reach USD 2,404.1 million by 2030.
- The Philippines market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, vitrified (porcelain) was the largest revenue generating product in 2022.
- LVT is the most lucrative product segment registering the fastest growth during the forecast period.
Commercial flooring market data book summary
| Market revenue in 2022 | USD 1,574.5 million |
| Market revenue in 2030 | USD 2,404.1 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Vitrified (porcelain) |
| Fastest growing segment | LVT |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics, Vitrified (Porcelain), Carpet, Vinyl, LVT, Linoleum & Rubber, Wood & Laminate, Natural Stone, Other Products |
| Key market players worldwide | 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, Philippines accounted for 1.2% 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 Asia Pacific, China commercial flooring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,619.0 million by 2030.
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Commercial Flooring Market
Commercial flooring market segmentation & scope
Commercial Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mohawk Industries Inc | View profile | 43,300 | 160 South Industrial Boulevard, Calhoun, GA, United States, 30701 | www.mohawkind.com |
| Interface Inc | View profile | 3,619 | 1280 West Peachtree Street, Atlanta, GA, United States, 30309 | www.interface.com |
| RPM International Inc | View profile | 17,274 | 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 | www.rpminc.com |
| Armstrong Flooring Inc | View profile | 1,568 | 1770 Hempstead Road, Lancaster, PA, United States, 17605 | www.armstrongflooring.com |
| Forbo Holding AG | View profile | 5,190 | Lindenstrasse 8, P.O. Box 1339, Baar, Switzerland, CH-6341 | www.forbo.com |
| James Halstead PLC | View profile | 819 | Hollinhurst Road, Beechfield, Radcliffe, Manchester, United Kingdom, M26 1JN | www.jameshalstead.com |
| Noxel Corp | View profile | - | 45 Bartlett Crescent, Brookline, MA, United States, 02459 | www.noxel.com |
| Gerflor Group | View profile | 1001-5000 | Lyon, Rhone-Alpes, France, Europe | www.gerflorgroup.com |
| Mannington Mills, Inc. | View profile | 1001-5000 | Salem, New Jersey, United States, North America | www.mannington.com |
| Amtico International | View profile | 101-250 | Solihull, Solihull, United Kingdom, Europe | www.amtico.com/ |
Philippines commercial flooring market
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.
Vitrified (Porcelain) was the largest segment with a revenue share of 40.08% in 2022.
Horizon Databook has segmented the Philippines 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.
- Philippines Commercial Flooring Market Product Outlook (Revenue, USD Million , 2018-2030)
- Ceramics
- Vitrified (Porcelain)
- Carpet
- Vinyl
- LVT
- Linoleum & Rubber
- Wood & Laminate
- Natural Stone
- Other Products
- Philippines 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 Philippines commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Philippines commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Philippines Commercial Flooring Market, 2018-2030 (US$M)
Philippines commercial flooring market statistics, by product, 2018-2030 (US$M)
