Global flooring market seen reaching $558.2 billion by 2031

Allied Market Research says the global flooring market is on track to grow from $320.3 billion in 2021 to $558.2 billion by 2031, driven by steady demand across residential and non-residential construction. Asia-Pacific led revenue in 2021, while the report points to faster growth in digital flooring, other materials, non-residential use and the LAMEA region. Why it matters: - The flooring market is a large global building-products category tied to construction, remodeling and commercial development. - Allied Market Research projects the market will add nearly $238 billion in value between 2021 and 2031. - The forecast signals where suppliers, investors and distributors may see the strongest growth pockets over the next decade. What happened: - Allied Market Research published a report on the global flooring market on June 12, 2026. - The report estimates the market at $320.3 billion in 2021. - The market is projected to reach $558.2 billion by 2031. - The forecast implies a 5.6% compound annual growth rate from 2022 to 2031. - The report covers printing type, material, end user and region. - A sample report is available here . - The company also posted a purchase page here and a purchase inquiry page here . The details: - The traditional printing type segment generated nearly 90% of revenue in 2021 and is expected to remain the largest segment by 2031. - The digital printing type segment is forecast to grow fastest at 6.1% CAGR through 2031. - The ceramic material segment accounted for more than three-fifths of revenue in 2021 and is expected to dominate by 2031. - The other materials segment is projected to post the fastest CAGR at 6.4%. - The residential end-user segment held nearly two-thirds of revenue in 2021 and is expected to stay the largest end-user category by 2031. - The non-residential segment is projected to grow fastest at 5.9% CAGR. - Asia-Pacific generated nearly half of global revenue in 2021 and is expected to keep the largest share by 2031. - The LAMEA region is projected to grow fastest at 7.1% CAGR. - North America and Europe are also included in the regional analysis. - The report says restrictions on construction activity during Covid-19 hurt market growth. - Reduced home remodeling activity added to the slowdown. - The market has since recovered. - The report identifies Armstrong Flooring, Milliken and Company, AZEK Company, Toli Corporation, Beaulieu International Group, Mohawk Industries, ECORE International, Iron Woods, Citadel Floors, Ebaco India, Fiberon, Forbo Flooring, Gerflor, Interface, Mats Inc., Shaw Industries and Tarkett as key players. - The report says these companies have used partnerships, expansion, collaboration and joint ventures. Between the lines: - Residential demand still drives the market, but the faster growth rates in digital printing, non-residential use and LAMEA suggest the next phase of expansion may come from product mix changes and geographic diversification. - Asia-Pacific’s lead reflects the region’s scale, while LAMEA’s faster growth points to emerging opportunities rather than current dominance. - The report is aimed at helping companies identify higher-growth segments and position around them. What’s next: - Allied Market Research expects the flooring market’s growth to continue through 2031 as construction and remodeling activity normalize. - Market participants are likely to keep targeting the fastest-growing segments and regions identified in the report. - The company lists more information on social platforms including LinkedIn , Facebook , YouTube and X .