Flooring
US demand for flooring is forecast to rise 1.4% annually to 24.1 billion square feet in 2024. After a brief contraction in demand to the COVID-19 pandemic, flooring demand will be supported by continuing user interest in replacing older or worn floors – especially installed carpeting – with hard surface flooring. The residential market will pace gains, supported by rising housing completions and continuing homeowner interest in home improvement projects.
This report covers residential roofing demand by Product, Market, and Application. Data are given in dollar value and area (square feet) terms.
Flooring products covered in the study include:
Carpets and rugs (tufted, woven, and needlepunched and other)
Hard Surface Flooring (vinyl, decorative tile, hardwood, laminate, other resilient, and other nonresilient)
Markets for flooring include:
Residential Construction
Commercial Construction
Transportation Equipment & Nonbuilding Construction
Applications for flooring include:
New construction
Replacement and remodeling
Scope of the Report
This report covers the scope, size, and growth of the US flooring market including key trends in product segmentation. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029, with year by year historical market volatility also addressed. Data are provided in both area and dollar value terms. Also included is an analysis of the industry key players and their market shares.
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