The commercial flooring market in the United States is expected to reach a projected revenue of US$ 12,603.6 million by 2030. A compound annual growth rate of 3.4% is expected of the United States 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, U.S. accounted for 7.2% 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 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.
The expansion of the commercial construction industry is expected to be a key contributor to the rapid growth of the flooring market in the country. According to the Tile Council of North America, the total U.S. ceramic tile consumption in 2022 was 3.07 billion square feet, down by 1.3% compared to 2021 owing to rising mortgage rates, supply chain issues, inflation, and labor shortages.
In 2022, the country imported 2.18 billion square feet of ceramic tiles, which was 6.4% lower compared to 2021. This trend is expected to hamper the ceramic tiles market in the country over the forecast period. Global lumber prices are at an all-time high, which has led to an increase in the prices of hardwood flooring materials.
In addition, a 25% tariff on the import of flooring products, such as ceramic tiles, hardwood lumber, and vinyl flooring, originating from China is likely to restrict the product supply to some extent. However, the availability of several other exporting countries is expected to compensate for the supply shortage.
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Carpet was the largest segment with a revenue share of 42.93% in 2022.
Horizon Databook has segmented the U.S. 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.
The expansion of the commercial construction industry is expected to be a key contributor to the rapid growth of the flooring market in the country. According to the Tile Council of North America, the total U.S. ceramic tile consumption in 2022 was 3.07 billion square feet, down by 1.3% compared to 2021 owing to rising mortgage rates, supply chain issues, inflation, and labor shortages.
In 2022, the country imported 2.18 billion square feet of ceramic tiles, which was 6.4% lower compared to 2021. This trend is expected to hamper the ceramic tiles market in the country over the forecast period. Global lumber prices are at an all-time high, which has led to an increase in the prices of hardwood flooring materials.
In addition, a 25% tariff on the import of flooring products, such as ceramic tiles, hardwood lumber, and vinyl flooring, originating from China is likely to restrict the product supply to some extent. However, the availability of several other exporting countries is expected to compensate for the supply shortage.
U.S. Commercial Flooring Market Product Outlook (Revenue, USD Million , 2018-2030)
Ceramics
Vitrified (Porcelain)
Carpet
Vinyl
LVT
Linoleum & Rubber
Wood & Laminate
Natural Stone
Other Products
U.S. 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 U.S. commercial flooring market, including forecasts for subscribers. This country databook contains high-level insights into U.S. commercial flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.