Modular Flooring Market Overview, Analysis And Demand By 2034


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What Are the Long-Term Growth Opportunities and Market Size Outlook for the Modular Flooring Market?
The modular flooring market size has grown strongly in recent years. It will grow from $61.84 billion in 2024 to $65.05 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to rise in commercial construction projects, focus on sustainability and eco-friendly materials, urbanization and interior design trends, ease of installation and maintenance, increase in renovation and remodeling activities.

The modular flooring market size is expected to see strong growth in the next few years. It will grow to $85.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to growing adoption of luxury vinyl tiles (LVT), expansion in healthcare and education sectors, focus on resilient and impact-resistant flooring, sustainable and recyclable materials, e-commerce growth in flooring sales. Major trends in the forecast period include digital printing technology, luxury vinyl tiles (LVT), hybrid flooring solutions, modular carpet tiles, smart flooring technologies.

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What Are the Primary Growth Contributors in the Modular Flooring Market?
Increasing home and commercial renovation activities are expected to boost the growth of the modular flooring market going forward. Renovation is the process of changing the internal layout of existing structures, replacing, or repairing worn-out parts. The home renovation includes the replacement of traditional floors with various modular-flooring options. For instance, in March 2023, as per the report published by Houzz, a US-based platform for home remodeling and design, Kitchen and bathroom remodels remain the top projects, and a larger share of homeowners upgraded these spaces in 2022 (28% and 25%, respectively) compared with 2021 (27% and 24%, respectively). Therefore, increasing home and commercial renovation activities are driving the growth of the modular flooring market.

Which Are the Leading Segments in the Modular Flooring Market by Revenue?
The modular flooring market covered in this report is segmented –

1) By Product Type: Ceramic, Rubber, Carpet Tile, Rigid LVT, Polyolefin (Non-vinyl), Flexible LVT, Other Product Types
2) By Components: Polyvinyl Chloride Resins, Plasticizers, Trace Stabilizers, Pigments, Other Components
3) By End Users: Retail, Healthcare, Education, Household, Workplace, Other End Users

Subsegments:
1) By Ceramic: Porcelain Tiles, Glazed Ceramic Tiles, Unglazed Ceramic Tiles, Mosaic Tiles, Other Ceramic Types
2) By Rubber: Natural Rubber Flooring, Synthetic Rubber Flooring, Recycled Rubber Flooring, Interlocking Rubber Tiles, Other Rubber Types
3) By Carpet Tile: Loop Pile Carpet Tiles, Cut Pile Carpet Tiles, Berber Carpet Tiles, Specialty Carpet Tiles, Other Carpet Tile Types
4) By Rigid LVT (Luxury Vinyl Tile): Stone-Composite Rigid LVT, Wood-Composite Rigid LVT, Other Rigid LVT Types
5) By Polyolefin (Non-vinyl): Polypropylene Tiles, Polyethylene Tiles, Other Polyolefin Types
6) By Flexible LVT (Luxury Vinyl Tile): Standard Flexible LVT, Specialty Flexible LVT, Other Flexible LVT Types
7) By Other Product Types: Cork Flooring, Bamboo Flooring, Linoleum, Other Modular Flooring Types

What Are the Future Trends Forecasted for the Modular Flooring Market?
Major companies operating in the modular flooring market are focusing on developing innovative products such as carpet tile to strengthen their position in the market. Carpet tiles, also known as modular carpet, are square or rectangular pieces of carpeting that are designed to fit together to create a carpeted floor. For instance, in June 2024, Tarkett, a France-based manufacturing company, launched the Quiet Edit carpet tile collection. This is designed specifically for commercial environments such as meeting rooms, lobbies, and greeting areas. This new collection emphasizes high performance while incorporating a subtle aesthetic inspired by repurposed materials.

What Are the Top Companies to Watch in the Modular Flooring Market?
Major companies operating in the modular flooring market include Mohawk Industries Inc., Shaw Industries Inc., Tarkett S.A., Armstrong Hardwood Flooring LLC, Forbo Holding AG, Gerflor Group, Interface Inc., RK Rose+Kreiger GmbH, Swisstrax LLC, Duratrac Flooring Ltd., Fab Floorings, Versare Solutions LLC, Mateflex, Balta Group, Milliken & Company, Burmatex Ltd., Mannington Mills Inc., Beaulieu International Group, Congoleum Corporation, Roppe Holding Company, Burke Industries Inc., Flexco Corporation, Altro Limited, Amtico International, Brintons Carpets Limited, Desso Group, Fletco Carpets A/S, Gerbert Limited, Nora Systems Inc., PortaFloor

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Which Regions Are Forecasted to Experience the Fastest Growth in the Modular Flooring Market?
Asia Pacific was the largest region in the modular flooring market in 2024. The regions covered in the modular flooring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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