Statistics For Wood Floorings In The United States
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Statistics for wood floorings in the united states. Floor covering stores in the us industry trends 2015 2020 floor covering stores in the us industry outlook 2020 2025 poll average industry growth 2020 2025. Though there are options for engineered wood on par with other types of flooring for the most. While other flooring is imitation wood engineered is the real thing. The rising need for aesthetic interior materials in building structures is anticipated to fuel the product demand.
Cons of usa made engineered wood. The mechanized manufacture of wood flooring prompted the suppliers to organize associations for the industry the maple flooring manufacturers association began in 1897 and the oak flooring manufacturers of the united states precursor to the national oak flooring manufacturers association traces its beginnings to 1909. The global flooring market size was estimated at usd 369 26 billion in 2019 and is expected to expand at a cagr of 5 9 from 2020 to 2027. Floor coverings market share in the united kingdom uk 2015 expenditure of affluent u s.
Volume 34 issue 1 the flooring industry in 2017 continued its prolonged climb back from the economic slump that plagued the united states from 2007 2010 led by the resilient category in general and everything waterproof in particular. The north america wood flooring market size was valued at usd 4 6 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 1 5 from 2020 to 2027. Households on flooring installation repair replacement wallpaper floorings and curtains industry. Market size industry statistics.
Of the 9 3 billion floor coverings imported into the united states in 2017 hardwood flooring accounted for 872 9 million and laminate flooring for 644 6 million according to figures from the. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. It may not be solid hardwood but it is real wood. June 26 july 2 2018.
Expensive unfortunately engineered wood is one of the more expensive types of flooring here.