Market Size of Japan Floor Covering Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 189 Million |
| Market Size (2029) | USD 241.19 Million |
| CAGR (2024 - 2029) | > 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Japan Floor Covering Market Analysis
The Japan Floor Covering Market size is estimated at USD 189 million in 2024, and is expected to reach USD 241.19 million by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
The market for floor covering is transforming in Japan, with the rising requirements for esthetic interiors in both the residential and commercial segments. The steadily performing construction sector in the country is helping the market to grow in a standard manner. The market is projected to record even more revenues in the future, coupled with the diversifying portfolios offered by most players. The floor covering customizable materials are gaining more significance. The residential customers are looking for customization in the colors and designs. In contrast, the scope for customization in dimensions, along with the colors and designs, is gaining more momentum in the commercial segment of the market. The focus of market players on the vast distribution network is helping them and the products to reach significant construction projects domestically and internationally. Furthermore, it has been supporting the growth for the past few years. The growing redevelopments and new construction projects will help the market to grow at a faster pace.
The present scenario of the Japan floor covering market post-COVID shows signs of recovery and growth. With the easing of restrictions and resumption of construction activities, there is an increasing demand for base covering as people spend more time at home and invest in home improvement projects.
