인도의 목재 바닥재 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the India wood flooring market size was valued at USD 1.97 billion in 2025 and estimated to grow from USD 2.11 billion in 2026 to reach USD 2.94 billion by 2031, at a CAGR of 6.91% during the forecast period (2026-2031).

This report Segments Into by Product Type (Solid Wood, Laminated Wood, Engineered Wood), by End-User Type (Residential, Commercial), and by Distribution Channel (Home Centers, Specialty Stores, Online, Other Distribution Channels). By Geography (North India, South India, West India, East India, Central India, Northeast India). The Market Forecasts are Provided in Terms of Value (USD).

India Wood Flooring Market Trends and Insights

Rapid Urbanization-Led Housing Boom

India is adding 100 million new homes this decade, yet the annual supply of 600,000 units leaves a sizeable gap that keeps flooring demand robust. Residential floor space is set to surpass 50 billion m2 by 2040, meaning most buildings that will exist in 2040 are still on the drawing board. The luxury housing market experienced significant growth, with its share increasing from 16% in 2018 to 43% in 2024. This expansion has driven demand for high-specification flooring solutions that offer enhanced acoustic properties and sustainability benefits. Developers targeting high-net-worth individuals are increasingly incorporating standardized engineered flooring ranges in their show apartments, a strategy that accelerates product awareness and adoption among potential buyers. Additionally, improved financing options, as banks extend mortgage accessibility to younger demographics, have facilitated the conversion of aspirational demand into finalized sales. This trend is evident across both metropolitan areas and emerging satellite towns, reflecting a broader shift in consumer preferences and purchasing power within the housing market.

Rising Disposable Incomes & Premiumization

In 2024, the high-value property market experienced a year-on-year growth, reflecting a sustained increase in purchasing power among affluent consumer segments. This trend highlights the resilience of demand within the premium real estate market, driven by the financial capacity and investment preferences of high-net-worth individuals. Shorter refurbishment cycles are driving repeat demand at a faster pace, particularly in urban apartment settings. Laminated planks, which can be replaced over a weekend without requiring extensive demolition, offer a cost-effective and time-efficient solution, making them a preferred choice for such environments. Retailers bundle extended warranties and post-installation care plans, reinforcing the value proposition of premium surfaces over low-end substitutes.

High GST & Import Duties on Processed Wood

Wood flooring attracts 18% GST, while certain laminated and plywood categories incur 28%, eroding affordability compared with ceramic or SPC tiles taxed at lower slabs. Despite the expansion of 24-hour clearance ports, delays in customs clearance continue to immobilize working capital and disrupt the efficiency of just-in-time inventory systems. Medium-sized traders face significant inefficiencies in reclaiming Input Tax Credit, which drives them to source lower-cost domestic alternatives. However, these substitutes often fail to meet durability standards, potentially impacting product quality and customer satisfaction. Policymakers are actively assessing measures for tax rationalization; however, the lack of clarity regarding future tax relief creates an environment of uncertainty. This uncertainty discourages distributors from committing to long-term pricing strategies, thereby affecting market stability and planning.

Other drivers and restraints analyzed in the detailed report include:

1. Commercial Real-Estate Expansion & Office Retrofits
2. Cost-Effective Laminated & Engineered Options
3. Intense Competition From Ceramic & Vinyl Alternatives

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Engineered boards anchor growth after recording an 10.95% CAGR outlook, thanks to multilayer constructions that stabilize against India's humidity swings. They account for a rising share of the India wood flooring market size and command premium positioning in both housing and commercial retrofits. Laminated panels, still the volume leader at 43.78% share in 2025, gain fresh life through enhanced wear layers and registered emboss finishes that mirror sawn timber grain. The India wood flooring market share of solid wood narrows to niche luxury projects where end-customers prize natural patina and are willing to fund rigorous maintenance. Manufacturers channel R&D into waterproof treatments, acoustic membranes, and recycled-content cores that align with green-building mandates.

Engineered lines now feature transmission loss up to 11 dB, fulfilling new multi-dwelling rules for impact isolation. Waterproof iterations ensure 24-hour spill protection, permitting continuous installation across kitchens and living spaces without metal junction profiles. Digital printing technology significantly enhances knot details with a 4X resolution, creating a seamless integration with solid planks. This technological advancement, coupled with the segment's focus on delivering superior aesthetics, high performance, and sustainability, strengthens its position as a key driver of growth in India's wood flooring market. The segment's ability to align with evolving consumer preferences and industry demands further underscores its leadership in shaping market dynamics.

Complete Report Scope:

• By Product Type
  • Solid Wood
  • Laminated Wood
  • Engineered Wood
• By End-User Type
  • Residential
  • Commercial
• By Distribution Channel
  • Home Centers
  • Specialty Stores
  • Online
  • Other Distribution Channels
• By Geography
  • North India
  • South India
  • West India
  • East India
  • Central India
  • Northeast India

List of Companies Covered in this Report:

1. Greenlam Industries Ltd.
2. Pergo (Mohawk Industries)
3. Greenpanel Industries Ltd.
4. SquareFoot Flooring Pvt. Ltd.
5. Action Tesa
6. Century Plyboards (Trevino Floors)
7. HIL Ltd. (Parador India)
8. Armstrong Flooring (India)
9. Egger Group
10. Tarkett India
11. Welspun Flooring Ltd.
12. Ikea India (Flooring Category)
13. Merino Laminates (Wood Flooring)
14. Florance Laminates & Veneers
15. Responsive Industries Ltd.
16. AGL (Asian Granito) Wooden Floor line
17. Mikasa Floors
18. Notion Luxury Flooring
19. House of Wooden Flooring
20. VOX India

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid urbanisation-led housing boom
  • 4.2.2 Rising disposable incomes & premiumisation
  • 4.2.3 Commercial real-estate expansion & office retrofits
  • 4.2.4 Cost-effective laminated/engineered options gaining traction
  • 4.2.5 Furniture QCOs steering demand toward certified wood flooring
  • 4.2.6 E-commerce unlocking Tier-2/3 consumer access
• 4.3 Market Restraints
  • 4.3.1 High GST & import duties on processed wood
  • 4.3.2 Intense competition from ceramic/vinyl alternatives
  • 4.3.3 Fragmented installer base & skills gap
  • 4.3.4 Humidity-related durability concerns in coastal belts
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Product Type
  • 5.1.1 Solid Wood
  • 5.1.2 Laminated Wood
  • 5.1.3 Engineered Wood
• 5.2 By End-User Type
  • 5.2.1 Residential
  • 5.2.2 Commercial
• 5.3 By Distribution Channel
  • 5.3.1 Home Centers
  • 5.3.2 Specialty Stores
  • 5.3.3 Online
  • 5.3.4 Other Distribution Channels
• 5.4 By Geography
  • 5.4.1 North India
  • 5.4.2 South India
  • 5.4.3 West India
  • 5.4.4 East India
  • 5.4.5 Central India
  • 5.4.6 Northeast India

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
  • 6.4.1 Greenlam Industries Ltd.
  • 6.4.2 Pergo (Mohawk Industries)
  • 6.4.3 Greenpanel Industries Ltd.
  • 6.4.4 SquareFoot Flooring Pvt. Ltd.
  • 6.4.5 Action Tesa
  • 6.4.6 Century Plyboards (Trevino Floors)
  • 6.4.7 HIL Ltd. (Parador India)
  • 6.4.8 Armstrong Flooring (India)
  • 6.4.9 Egger Group
  • 6.4.10 Tarkett India
  • 6.4.11 Welspun Flooring Ltd.
  • 6.4.12 Ikea India (Flooring Category)
  • 6.4.13 Merino Laminates (Wood Flooring)
  • 6.4.14 Florance Laminates & Veneers
  • 6.4.15 Responsive Industries Ltd.
  • 6.4.16 AGL (Asian Granito) Wooden Floor line
  • 6.4.17 Mikasa Floors
  • 6.4.18 Notion Luxury Flooring
  • 6.4.19 House of Wooden Flooring
  • 6.4.20 VOX India

7 Market Opportunities & Future Outlook

• 7.1 Sustainable & certified (FSC/PEFC) wood flooring niches
• 7.2 Engineered wood with integrated acoustic/thermal layers for green buildings