Hardwood Flooring Market In North America 2024-2028
The hardwood flooring market in North America is forecasted to grow by USD 2.07 bn during 2023-2028, accelerating at a CAGR of 5.91% during the forecast period. The report on the hardwood flooring market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising construction and real estate projects, increasing focus on indoor sporting activities, and rising strategic alliances among vendors operating in market.
Technavio's hardwood flooring market in North America is segmented as below:
By End-user
By Type
- Engineered wood
- Solid wood
This study identifies the emerging trend of remodeling and renovation as one of the prime reasons driving the hardwood flooring market in North America growth during the next few years. Also, growing demand for environmentally friendly and durable flooring and growing trend of innovative hardwood flooring will lead to sizable demand in the market.
The report on the hardwood flooring market in North America covers the following areas:
- Hardwood flooring market in North America sizing
- Hardwood flooring market in North America forecast
- Hardwood flooring market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hardwood flooring market in North America vendors that include B and M Noble Co., Barlinek SA, Brumark Corp., Canfor Corp., Fritz Egger GmbH and Co. OG, Gerflor Group, Goodfellow Inc., Gordon Brothers Commercial and Industrial LLC, Home Legend LLC, Interfor Corp., Koch Industries Inc., Mannington Mills Inc., Mohawk Industries Inc., Provenza Floors Inc., Q.E.P. Co. Inc., Shaw Industries Group Inc., Somerset Hardwood Flooring, Weyerhaeuser Co., Beaulieu International Group, and Tarkett. Also, the hardwood flooring market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.