Hardwood Flooring Market Report 2026

The hardwood flooring market size has grown strongly in recent years. It will grow from $55.74 billion in 2025 to $59.62 billion in 2026 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to expansion of residential construction activities, growth of renovation and remodeling projects, rising consumer preference for premium flooring materials, increased availability of hardwood varieties, expansion of interior design services.

The hardwood flooring market size is expected to see strong growth in the next few years. It will grow to $77.96 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for sustainable building materials, rising adoption of eco-certified wood products, expansion of smart home renovation projects, growing focus on long-lasting flooring solutions, increasing online flooring retail penetration. Major trends in the forecast period include increasing demand for engineered hardwood flooring, rising preference for natural and aesthetic interior finishes, growing adoption of easy-install flooring systems, expansion of custom and designer wood patterns, enhanced focus on durability and surface protection.

Increasing construction activities are anticipated to drive the growth of the hardwood flooring market. Construction activities encompass the processes involved in delivering buildings, infrastructure, industrial facilities, and related operations throughout their lifecycle. The rise in construction activities is mainly due to rapid urban development, which fuels the demand for new infrastructure to accommodate growing populations. Hardwood flooring is favored in construction projects because of its aesthetic appeal, durability, low maintenance requirements, health benefits, lasting value, versatility, eco-friendliness, and design flexibility. For example, in November 2024, according to the Office for National Statistics (ONS), a UK-based government agency, the value of construction new work in current prices in Great Britain in 2023 rose by 4.2% to a record £139,029 ($161,970.18) million. Additionally, construction-related employment (excluding self-employment) in Great Britain grew by 0.2% in 2023 compared with 2022, reaching 1.4 million workers. Hence, the increase in construction activities is supporting the expansion of the hardwood flooring market.

Major companies operating in the hardwood flooring market are concentrating on innovations such as deep brown engineered hardwood planks to address the growing demand for durable and visually appealing flooring solutions that enhance modern interiors. Deep brown engineered hardwood consists of real wood planks with a rich, dark-stained surface that maintains the natural wood grain while offering improved stability and scratch resistance compared to traditional solid wood flooring. For example, in February 2024, Mercier Wood Flooring, a Canada-based hardwood flooring manufacturer, introduced the Stellar Collection, featuring deep brown engineered hardwood planks in wide and long formats. The collection provides multiple finish options, including satin and matte, and incorporates a high-quality engineered core to minimize cupping, warping, and moisture sensitivity while preserving the authentic look and feel of real wood. The dark shades enable interior designers and homeowners to achieve warm, elegant, or contemporary aesthetics, suitable for both residential and light commercial spaces.

In March 2025, Havwoods Ltd., a UK-based wood-flooring company, acquired Castle Bespoke Flooring for an undisclosed sum. With this acquisition, Havwoods intends to broaden its footprint in the North American market and enhance its wood-flooring product range by incorporating Castle Bespoke’s custom wood-flooring manufacturing expertise. Castle Bespoke Flooring is a US-based manufacturer specializing in bespoke custom wood floors.

Major companies operating in the hardwood flooring market are AHF Products, Armstrong Flooring Inc., Beaulieu International Group, BerryAlloc NV, Bruce Evans Flooring LLC, Classen Group, Egger Group, Harris Wood Ltd., Anderson Group of Companies Ltd., Boral Ltd., Brumark Enterprises Inc., Duchateau LLC, Eco Timber Ltd., Flooring Innovations Inc., Goodfellow Inc., Hartco Inc., Mohawk Industries Inc., Mannington Mills Inc., Home Legend LLC, Somerset Hardwood Flooring Inc., Provenza Floors Inc., Shaw Industries Group Inc., Pergo LLC, Mullican Flooring, Mirage Floors, Lauzon Distinctive Hardwood Flooring Inc., Wickham Hardwood Flooring, Mercier Wood Flooring, IndusParquet Indústria de Pisos Ltda.

North America was the largest region in the hardwood flooring market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hardwood flooring market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hardwood flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hardwood flooring market consists of sales of laminate, solid hardwood, bamboo, and composite flooring. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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