Sustainability Trends Drive Growth in Global Flooring and Carpets Market by 2035

2025-06-02 companies

Global, Monday, 2 June 2025.
The global flooring and carpets market is poised for significant expansion, reaching USD 533 billion by 2035, driven by a shift towards eco-friendly materials and rapid urban development.

Market Context and Growth Projections

The global flooring and carpets market is expected to grow significantly, from USD 327.2 billion in 2025 to USD 533.0 billion by 2035, representing a compound annual growth rate (CAGR) of approximately 5.2% over the period [1]. This robust expansion is driven by several macroeconomic factors, including rapid urbanization and infrastructure developments, particularly in emerging economies [1]. Additionally, a noticeable consumer shift towards eco-friendly and sustainable flooring materials boosts market growth, compelling industry players to align with environmental regulations [1].

Sustainability and Technological Innovations

Sustainability is a critical factor reshaping the flooring and carpets market. Consumers increasingly demand products that minimize environmental impact, leading to innovations in sustainable material use [1]. Companies are investing in technologies for smart flooring with embedded sensors, and digital printing technologies in vinyl and laminate products. These advancements not only meet eco-conscious consumer preferences but also offer enhanced functionalities, such as antimicrobial properties and noise reduction in carpets, which are particularly valued in sectors like healthcare and hospitality [1].

Regional Market Leaders and Trends

Regionally, North America continues to influence market trends with rising demand for smart home technologies and sustainable flooring solutions, primarily driven by home renovation activities [1]. Similarly, the Asia-Pacific region, characterized by a construction boom, exhibits rapid market expansion due to growing consumer interest in modern design [1]. Europe’s market is also witnessing a shift as sustainability initiatives gain traction, aligning with global environmental goals [1].

Competitive Landscape and Consumer Preferences

The competitive landscape is marked by major companies like Armstrong Flooring, Inc., Forbo Holding AG, and Milliken & Company, which are leading the charge in integrating eco-friendly practices with innovative design [1]. Notably, the increasing preference for luxury vinyl tiles (LVT) emerges due to their performance and installation convenience, demonstrating a versatile application in both commercial and residential settings [1]. Furthermore, market segmentation by product type and sales channels reflects diverse consumer demands, providing tailored solutions across residential, commercial, and industrial sectors [1].

Sources

flooring market sustainability trends