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Wood Flooring Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wood Flooring Manufacturing Market Research Report | Specialist Engineering, Infrastructure & Contractors | Building Materials Manufacturing | Apr 2015

Strong coverage: Renewed home construction and remodeling will boost demand for flooring

IBISWorld’s Wood Flooring Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Armstrong World Industries Armstrong World Industries market share
Mohawk Industries Inc. Mohawk Industries Inc. market share
Shaw Shaw market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
10.9%
Annual Growth 15-20
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Profit
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Employment
7,810
Businesses
67
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 operators get acquired or exit the industry altogether.... purchase to read more

Industry Report - Industry Analysis Chapter

The Wood Flooring Manufacturing industry provides flooring for new construction and home improvements. Its performance is closely tied to the housing market and to consumer spending on home improvements. Prior to the recession, new home construction represented a significant portion of the industry's market; today, it accounts for only 25.6% of revenue. The housing boom and bust caused unprecedented turmoil in all industries tied to construction markets, and the Wood Flooring Manufacturing industry is no exception. From 2006 to 2009, construction activity and housing starts plummeted, dramatically reducing demand for wood flooring. During this period, industry revenue shrunk to less than half its size.

The trend in the five years since 2010 has therefore been one of recovery... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wood Flooring Manufacturing Industry?

This industry includes establishments primarily engaged in manufacturing wood flooring, including oak and maple hardwood flooring.

Industry Products
Engineered flooring productsSolid flooring productsSustainable flooring products
 
Industry Activities
Oak hardwood flooringMaple hardwood flooringOther hardwood flooring


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