United States Flooring Market Report and Forecast 2024-2032

United States Flooring Market Size

The United States flooring market is expected to grow at a CAGR of 6.50% in the forecast period of 2024-2032.

Increasing Demand for Non-Resilient Flooring Products to Augment the United States Flooring Industry Growth

Based on type, the non-resilient segment is expected to boost the growth of the US flooring industry owing to their properties of durability, water resistance, low cost of maintenance, and reliability. These properties make them a prominent choice for residential areas, shopping malls, corporate centres, healthcare institutions, and government and sports establishments, where the load is high. The wood and laminate flooring are expected to provide significant traction, thus, contributing to the non-resilient flooring segment growth.

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Laminates are known to be resistant against scratches, stains, and dents and have emerged as a widely accepted flooring material. Factors such as natural look, coupled with the growing need for aesthetics in the residential segment are anticipated to elevate the demand for wood flooring.

Enhanced Growth Opportunities to the United States Flooring Industry Owing to a Rise in Renovation and Remodelling Activities

The United States is characterised by an increased investment in the construction sector on account of the growing renovation and remodelling activities in the residential segment. Homeowners are spending on replacements, upgrades, and routine maintenance, which is expected to help the flooring market grow. The rising disposable income and the improving standards of living are compelling the citizens to invest in renovations. The consumer’s inclination towards interior decoration has resulted in the adoption of different types of customised flooring material to decorate their houses and workspaces, which is expected to augment the growth of the flooring market in the region.

United States Flooring: Market Segmentation

Flooring refers to the process of providing a clean, smooth, and a levelled surface to the building occupants. The floor should be durable and hard to withstand the load above it and should provide an aesthetic benefit to the architectural structure. An attractive flooring also helps in enhancing the rental value and selling price of homes and buildings.

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By type, the market is divided into:

• Resilient Flooring
  • Vinyl
  • Linoleum
  • Rubber
  • Others
• Non-Resilient Flooring
  • Ceramic Tiles
  • Wood and Laminate 
  • Carpet and Rugs 
  • Others

Based on application, the industry can be segmented into:

• Residential
• Non-Residential

Rapid Urbanisation and an Increasing Investment in the Construction Industry to Bolster the Growth of the United States Flooring Industry

The rapid urbanisation has resulted in an increase in construction activities in the United States, which has bolstered the floor industry growth across the country. The growing infrastructural activities are enhancing the demand for resilient and non-resilient flooring products for use in the residential, commercial, and industrial sectors. The rising population and changing lifestyles are further encouraging people to invest in renovations and remodelling of their infrastructures. Furthermore, flooring also increases the monetary value of the structure. These factors have been aiding the flooring market growth in the United States.

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Over the forecast period, rising investments in R&D by key market players to innovate and customise the flooring products as well as to make them cost-effective and more reliable are expected to favour the industry growth. The growth of the e-commerce industry is resulting in increased demand for flooring materials delivered straight to the area of application and is expected to be a major trend in the coming years.

Key Industry Players in the United States Flooring Market

The report gives a detailed analysis of the following key players in the United States flooring market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Mohawk Industries, Inc.
• Shaw Industries Group, Inc.
• Armstrong Flooring, Inc.
• Engineered Floor, LLC
• Mannington Mills, Inc.,
• The Dixie Group, Inc.
• Tarkett Group
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

United States Flooring Market Report Snapshots

United States Flooring Market Size

United States Flooring Market Growth

United States Flooring Companies