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 Locations Chapter
The Wood Flooring Manufacturing industry has a similar geographic distribution compared to other wood product manufacturers. The majority of establishments are located in a close proximity to upstream industries, such as sawmills and wood producers to minimize transportation costs. Additionally, establishments concentrate near major cities because a considerable portion of industry products are purchased by residential construction firms.
The Southeast region dominates production, accounting for about one-quarter of all wood flooring manufacturing establishments at an estimated 24.7% of the total. The Southeast is the nation's largest producer of lumber, with about half of all logging companies located within the region... purchase to read more