The Low-Carbon Flooring Market Size is valued at USD 63.8 Bn in 2023 and is predicted to reach USD 117.2 Bn by the year 2031 at an 8.1% CAGR during the forecast period for 2024-2031.
The low-carbon flooring market is expanding rapidly, primarily driven by growing environmental awareness, increased government regulation surrounding sustainability and progress in the availability and development of sustainable flooring materials. These earth-friendly flooring materials are made and designed to minimize carbon emissions through all stages of their lifecycle, from harvest to final disposal. Sustainable flooring materials include bamboo, cork, recycled wood, linoleum, and others that assist in decreasing carbon emissions. Energy efficiency in manufacturing and waste minimization in manufacturing are two keys to producing sustainable products. Low-carbon flooring is intended to be used in many of its typical residential and commercial applications in a wide variety of spaces - education, healthcare, and office.
However, one significant reason why low carbon flooring, eco-friendly flooring, is increasing in popularity is their durability. Eco-friendly flooring tends to be much less susceptible to wear and tarnish than traditional products are while offering significantly longer use than traditional products. This underlined durability translates to the reduced frequency to replace flooring composites ultimately reduce purchase costs, repairs, and waste placed in the disposal of waste products and common fluency of flooring systems over time.
Competitive Landscape
Some of the Key Players in Low-Carbon Flooring Market:
- Tarkett
- Interface, Inc.
- Forbo Group
- MOHAWK INDUSTRIES, INC.
- Shaw Industries Group, Inc.
- Milliken & Company
- Kingspan Group
- Gerflor
- Amtico International
- UCX
- Parterre Flooring and Surface Systems, LLC
- Beaulieu International Group
- Congoleum
- BUILDSTAR PROJECTS PVT. LIMITED
- Teragren
- Emilceramica S.r.l.
- CLASSEN Group
- NOX CORP.
- CFL Holding Limited
Market Segmentation:
The Low-Carbon Flooring market is segmented by end-use industry, material type, design type, type. By end-use industry the market is segmented into residential, non-residential, by material type market is categorized into linoleum, wood, cork, bamboo, stone, others. By design type market is categorized into sheets, carpet, blocks and tiles. By type the market is categorized into virgin products, recycled solutions.
Wood Segment is Expected to Drive the Low-Carbon Flooring Market
The wood segment is driving the low-carbon flooring market due to its natural, renewable characteristics, aesthetic appeal, and durability, making it a preferred choice among environmentally conscious consumers. Wood products come from trees that are grown in sustainably managed forests, which makes them appropriate for use in unconventional materials. The demand for these materials is growing significantly primarily due to the significant reduction of greenhouse gases in construction. Additionally, ongoing innovations, like Zena Forest Products' Edge Grain wood flooring introduced in May 2024, further enhance wood's environmental performance through advanced manufacturing and locally sourced materials.
The Blocks and Tiles is Growing at the Highest Rate in the Low-Carbon Flooring Market.
Low-carbon flooring has seen remarkable growth in the blocks and tiles sector due largely to its unique design flexibility, ease of installation, and sustainability features. Blocks and tiles can very often be used to create great, unique patterns or customized solutions for both residential and commercial spaces. Since these are modular, they make more amenable installation, ideally suited for the DIY enthusiast and convenient for professionals. Other blocks and tiles are made of sustainable materials like recycled content, resulting from growing demands for environmentally friendly products. Their durability and low maintenance also make them effective for high-traffic areas, part of their longevity and appeal to environmentally conscious consumers.
Regionally, North America Led the Low-Carbon Flooring Market.
North America is leading the low-carbon flooring market due to increasing environmental awareness, government regulations, and investment in green construction. Consumers are more conscious of climate change and resource depletion, driving demand for eco-friendly flooring with a reduced environmental footprint. Stringent regulations, like those associated with ENERGY STAR and LEED certification, offer financial incentives for using sustainable materials, encouraging adoption in both residential and commercial sectors. Additionally, substantial investments in green building projects further boost the demand for low-carbon flooring as sustainability becomes a priority for businesses and consumers alike.
Low-Carbon Flooring Market Report Scope
Report Attribute |
Specifications |
Market Size Value In 2023 |
USD 63.8 Bn |
Revenue Forecast In 2031 |
USD 117.2 Bn |
Growth Rate CAGR |
CAGR of 8.1% from 2024 to 2031 |
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
Historic Year |
2019 to 2023 |
Forecast Year |
2024-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By End-Use Industry, Material Type, Design Type, Type and By Region |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; Southeast Asia |
Competitive Landscape |
Tarkett, Interface, Inc., Forbo Group, MOHAWK INDUSTRIES, INC., Shaw Industries Group, Inc., Milliken & Company, Kingspan Group, Gerflor, Amtico International, UCX, Parterre Flooring and Surface Systems, LLC, Beaulieu International Group, Congoleum, BUILDSTAR PROJECTS PVT. LIMITED, Teragren, Emilceramica S.r.l., CLASSEN Group, NOX CORP., CFL Holding Limited |
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Geographic competitive landscape. |
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |