The commercial flooring market in Ukraine is expected to reach a projected revenue of US$ 351.7 million by 2030. A compound annual growth rate of 45.4% is expected of Ukraine 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
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany commercial flooring market is projected to lead the regional market in terms of revenue in 2030.
Ukraine is the fastest growing regional market in Europe and is projected to reach USD 351.7 million by 2030.
Russia’s invasion of Ukraine has negatively impacted the supply of various commodities and this situation has led to a severe price rise in basic commodities. Furthermore, the United Nations Conference on Trade and Development (UNCTAD) has confirmed that the price rise will impact the global economy.
According to the World Bank Group, the war shrunk Ukraine’s economy by 45% in 2022. The magnitude of this contraction was attributed to the intensity and length of the war. According to an analysis from the Kyiv School of Economics, the cost of damage caused to Ukraine’s infrastructure by the war reached USD 147.5 billion, as of April 2023.
Residential & multi-family buildings, airports, schools, healthcare institutions, factories & warehouses, agriculture sector, and thermal power & hydroelectric power plants have been damaged or destroyed. Such devastation is largely expected to cause turmoil in the economy over the long term.
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.
Wood & Laminate was the largest segment with a revenue share of 27.84% in 2022.
Horizon Databook has segmented the Ukraine 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.
Russia’s invasion of Ukraine has negatively impacted the supply of various commodities and this situation has led to a severe price rise in basic commodities. Furthermore, the United Nations Conference on Trade and Development (UNCTAD) has confirmed that the price rise will impact the global economy.
According to the World Bank Group, the war shrunk Ukraine’s economy by 45% in 2022. The magnitude of this contraction was attributed to the intensity and length of the war. According to an analysis from the Kyiv School of Economics, the cost of damage caused to Ukraine’s infrastructure by the war reached USD 147.5 billion, as of April 2023.
Residential & multi-family buildings, airports, schools, healthcare institutions, factories & warehouses, agriculture sector, and thermal power & hydroelectric power plants have been damaged or destroyed. Such devastation is largely expected to cause turmoil in the economy over the long term.
Ukraine Commercial Flooring Market Product Outlook (Revenue, USD Million , 2018-2030)
Ceramics
Vitrified (Porcelain)
Carpet
Vinyl
LVT
Linoleum & Rubber
Wood & Laminate
Natural Stone
Other Products
Ukraine 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 Ukraine commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into Ukraine commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.