South and Central America Indoor Flooring Market Key Players and Forecast by 2028

South and Central America indoor flooring market in South and Central America is expected to grow from US$ 9.58 billion in 2021 to US$ 11.63 billion by 2028; it is estimated to grow at a CAGR of 2.8% from 2021 to 2028.  

In the SAM, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Colombia, Argentina, and Peru. The governments of various countries in SAM are taking several initiatives to protect people and control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. The sharp decline in the sales of the flooring industries in the region due to lockdown measures is expected to directly impact the growth of the South and Central America indoor flooring market. Moreover, decline in business activities and product sales are expected to directly affect the growth rate of the market till mid-2021.

In the SAM, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Colombia, Argentina, and Peru. The governments of various countries in SAM are taking several initiatives to protect people and control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. The sharp decline in the sales of the flooring industries in the region due to lockdown measures is expected to directly impact the growth of the South and Central America indoor flooring market. Moreover, decline in business activities and product sales are expected to directly affect the growth rate of the market till mid-2021.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South and Central America indoor flooring market. The South and Central America indoor flooring market is expected to grow at a good CAGR during the forecast period.

South and Central America Indoor Flooring Market Revenue and Forecast to 2028(US$ Million)

South and Central America Indoor Flooring Market Segmentation

By Type

• Ceramic Tiles
• Carpet
• Vinyl Linoleum & Rubber
• Wood & Laminate
• Others

By End User

• Residential
• Non-Residential

By Country

• South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America

Companies Mentioned 

• Forbo International SA
• Beaulieu International Group
• Interface, Inc.
• Toli Corporation
• Mohawk Industries, Inc.
• Shaw Industries Group, Inc

South and Central America Indoor Flooring Report Scope