According to the report by Expert Market Research (EMR), the global outdoor flooring market size is projected to grow at a CAGR of 5.4% between 2024 and 2032. Aided by the growing construction industry and the rising demand for aesthetically appealing exterior spaces, the market is expected to grow significantly by 2032.
Outdoor flooring, encompassing a variety of materials including wood, ceramics, concrete, and composites, is widely used in residential and commercial spaces for patios, decks, terraces, and other exterior applications. It is chosen for its durability, aesthetic appeal, and the ability to withstand various environmental conditions.
The outdoor flooring market growth is significantly driven by the increasing trend of outdoor living spaces in residential areas. Homeowners are investing in outdoor renovations, including landscaping and decking, to enhance the aesthetic appeal and functionality of their outdoor spaces.
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The commercial sector, including hospitality, retail, and corporate establishments, is also contributing to the growth of the outdoor flooring market. These sectors are focusing on creating inviting outdoor environments to attract customers and improve the overall aesthetic of their properties.
Technological advancements in flooring materials, offering improved durability, ease of maintenance, and a wider range of designs and textures, are also propelling outdoor flooring market demand. The growing emphasis on sustainable and eco-friendly materials, like recycled plastics and sustainably sourced wood, aligns with the rising environmental consciousness among consumers.
Geographically, North America and Europe dominate the market, attributed to the high standard of living and the presence of a large number of outdoor flooring manufacturers. The Asia-Pacific region is experiencing rapid growth due to the increasing construction activities and the rising trend of outdoor living in countries like China and India.
Furthermore, the outdoor flooring market outlook is expected to be influenced by significant innovations, particularly in material technology. The development of more durable, weather-resistant, and eco-friendly flooring options will likely shape future market dynamics. The integration of digital design technologies, offering customised and unique flooring solutions, is also anticipated to become more prevalent. Moreover, the increasing popularity of smart homes and the integration of outdoor spaces with home automation systems present new opportunities for the outdoor flooring market.
Outdoor Flooring Market Segmentation
The market can be divided based on material, flooring type, construction type, end use, and region.
Market Breakup by Material
- Wood and Laminate
- Ceramic
- Synthetic Fibre and Fabrics
- Others
Market Breakup by Flooring Type
- Non-Resilient
- Resilient
Market Breakup by Construction Type
- New Construction
- Renovation
Market Breakup by End Use
- Residential
- Public Infrastructure
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Outdoor Flooring Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global outdoor flooring market. Some of the major players explored in the report by Expert Market Research are as follows:
- Armstrong Flooring, Inc.
- Beaulieu International Group N.V.
- Citadel Floors
- Ecore International
- Mohawk Industries, Inc.
- Mats Inc.
- Fiberon
- Others
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