Industry Analysis & Industry Trends
The outlook for the Wood Flooring Manufacturing industry promises a rebound in revenue. As housing starts increase more quickly while the economy emerges from its recession, new home builders will create demand for wood flooring. Moreover, per capita disposable income is projected to improve as unemployment abates, so demand for flooring used in home improvement projects is also anticipated to rebound. At the same time, mounting competition from imports and from alternative flooring options will cause consolidation among industry players as unprofitable firms get acquired or exit the industry altogether.... purchase to read more
Industry Report - Industry Products Chapter
Solid flooring products
Solid wood flooring products are manufactured entirely from a solid piece of wood. The thickness of solid wood flooring can vary, which determines quality and price. Despite the economic downturn, price premium charged for solid flooring products did not prevent this segment from expanding over the past five years. One of the key determinants of product segment growth has to do with durability: solid wood floors can be sanded and refinished many times. An estimated 63.9% of industry revenue is generated from the sales of this segment's products.
Engineered flooring products
Engineered wood flooring products are manufactured from real wood using a layering technique... purchase to read more