Market Size of India Floor Covering Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 82.25 Million |
| Market Size (2029) | USD 97.87 Million |
| CAGR (2024 - 2029) | 3.53 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Floor Covering Market Analysis
The India Floor Covering Market size is estimated at USD 82.25 million in 2024, and is expected to reach USD 97.87 million by 2029, growing at a CAGR of 3.53% during the forecast period (2024-2029).
In India, the growth trends of the floor-covering industry have been similar to those of other segments in the construction industry. The flooring industry's developments are being driven by a growing emphasis on quality and the need to adhere to tight deadlines while staying within budget. Customers require quality, functionality, and long-term performance, all at competitive prices. Thus, floors that are easy to clean and maintain and offer excellent wear resistance are in demand. The healthy growth rate supported by industrialization and the buoyant urban infrastructure scenario may help the market's growth.
Similarly, the increase in metro rail projects and the subsequent demand for quality flooring at metro stations are emerging applications for the market. One of the trends in the Indian market is that the commercial flooring segment has been keeping up with the growth pace of the industrial flooring market. The market development is expected to increase shortly. Several policy initiatives can potentially propel the growth of the Indian floor-covering market. India is emerging as a critical global market for flooring products.
