Flooring it: The upturn in the housing market will boost overall demand for floor coverings

The Floor Covering Stores industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.


Industry Threats & Opportunities

  • In the past five years, competition from home improvement stores, has held back the industry’s growth
  • External competition has grown consistently, preventing the industry from growing more rapidly
  • Private spending on home improvements is expected to increase driven by greater consumer confidence

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    Industry Analysis & Industry Trends

    Sales improved gradually for operators in the Floor Covering Stores industry over the past five years. The steady rise in housing starts and remodeling activity during the recent economic recovery helped increase demand for industry retailers. Over the five-year period, demand conditions have slowly improved in line with the gradually strengthening economy. Consequently, in the five years to 2016, the industry experienced sizable recovery. As a result of the continued strengthening economy, IBISWorld forecasts steady growth for the industry in the five years to 2021. While competition persists, the upturn in the housing market will boost overall demand for floor coverings, thus benefiting the industry...

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    Industry Report - Industry Key Buyers Chapter

    The Floor Covering Stores industry exhibits a low level of concentration, with only one company controlling a market share greater than 5.0%. The industry is made up of an overwhelmingly large number of small and privately owned companies. In fact, about 60.0% of operators have fewer than four employees; only 5.1% have 20 or more employees. In recent years, many of these small operators have merged with other players or exited the industry altogether, increasing concentration to some degree. To this end, the number of companies is expected to decrease at an annualized rate of 2.2% in the five years to 2016. Low industry profitability has caused this drop in participation. Man..

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    Additional Insights for the Floor Covering Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Floor Covering Stores Industry are

  • Access to highly skilled workforce
  • Having good working relationships with subcontracting building trade specialists
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Housing starts and Per capita disposable income in the Floor Covering Stores industry impact industry performance..

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    Industry Products

    What is the Floor Covering Stores Industry?

    Establishments in this industry retail carpets, rugs, tiles and vinyl flooring. Most operators manage sales and administrative activities, such as customer service, product merchandising, advertising, inventory control and cash handling. Some operators also offer installation or repair services.

    Industry Products
    Carpets and other soft-surface floor coverings
    Other hard-surface floor coverings
    Hardwood flooring
    Other services
    Industry Activities
    Retailing carpet
    Retailing floor coverings
    Retailing rugs
    Installing floor coverings

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Housing starts
  • Per capita disposable income
  • Private spending on home improvements
  • Consumer Confidence Index
  • Value of private nonresidential construction

  • Current Performance
  • Flooring demand
  • Competition and consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Competition rises
  • Table: Floor Covering Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Floor Covering Stores Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Flooring Installers
  • Property Management
  • Consumers

  • Key Selling Industries
  • Carpet Mills
  • Wood Paneling Manufacturing

  • Products & Services
  • Carpets and other soft-surface floor coverings
  • Other hard-surface floor coverings
  • Hardwood flooring
  • Other services
  • Chart: Floor Covering Stores Industry Products and Services Segmentation

  • Demand Determinants
  • Housing starts and private spending on home improvement
  • Consumer confidence and per capita disposable income
  • Nonresidential construction
  • External competition from home improvement stores

  • Major Markets
  • Do-it-for-me customers
  • Do-it-yourself customers
  • Building contractors
  • All other establishments for resale
  • Businesses for end use in their own operation
  • Chart: Major Market Segmentation for the Floor Covering Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Marketing
  • Rent, utilities and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Floor Covering Stores

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Floor Covering Stores Industry

  • Industry Globalization
    Major Companies
    Abbey Carpet & Floor
  • Table: Abbey Carpet & Floor - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Floor Covering Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Floor Covering Stores Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Housing starts (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
  • A style of carpet that is woven on a wide loom.
  • Laminate Flooring
  • A synthetic style of flooring that simulates wood or stone through a lamination process.
  • Resilient Flooring
  • A manufactured interior floor-covering material, in either sheet or tile form, that is resilient; such flooring includes linoleum, sheet vinyl, vinyl composition tile, cork and others.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Floor Covering Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Floor Covering Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Floor Covering Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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