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United States Flooring Market Report and Forecast 2024-2032

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    Report

  • 173 Pages
  • November 2023
  • Region: United States
  • Expert Market Research
  • ID: 5912743
According to the report, the United States flooring market is projected to grow at a CAGR of 6.50% between 2024 and 2032. Aided by an upswing in construction activities, both residential and commercial, and the growing preference for modern and sustainable flooring solution, the market is expected to grow significantly by 2032.

Flooring plays a critical role in the aesthetics, comfort, and functionality of any space. In the U.S., the demand for varied flooring solutions, from hardwood and laminates to carpets and ceramic tiles, has been on an upward trajectory. The market reflects a blend of traditional preferences and contemporary trends, with an increasing shift toward environmentally friendly and easy-to-maintain flooring options.

The surge in residential construction, especially in fast-developing regions within the U.S., has been a cornerstone for the United States flooring market growth. Homeowners are increasingly looking for durable yet stylish flooring options, propelling the demand for luxury vinyl tiles (LVT) and engineered wood. Furthermore, the commercial sector, including offices, hospitality, and retail spaces, is seeking innovative, high-performance, and aesthetically pleasing flooring solutions, further accentuating the market dynamics. With growing awareness about environmental concerns, the market is witnessing a notable shift towards sustainable and eco-friendly materials, like bamboo, cork, and recycled flooring solutions.

As per the United States flooring market analysis, advancements in flooring technologies have introduced products that are more durable, scratch-resistant, and easy to install. Waterproof and pet-friendly flooring solutions are becoming increasingly popular among American households. Beyond functionality, the aesthetic appeal is driving choices in the flooring market. The versatility offered by ceramic tiles, the elegance of hardwood, and the comfort of carpets are influencing purchasing decisions.

The trend of renovating and retrofitting older homes and commercial spaces is another crucial factor propelling the United States flooring market demand. The increasing emphasis on health and hygiene, especially post the pandemic era, has heightened the demand for antimicrobial, easy-to-clean, and moisture-resistant flooring options.

As the U.S. economy continues to recover and grow, the construction industry's revival will inherently support the flooring market's expansion. Moreover, the increasing focus on sustainable living, coupled with the relentless pursuit of comfort and luxury, will ensure that innovative, green, and high-aesthetic flooring solutions see consistent demand, contributing to the United States flooring market size.

Market Segmentation

The market can be divided based on type and application.

Market Breakup by Type

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

Market Breakup by Application

  • Residential
  • Non-Residential

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States flooring market. Some of the major players explored in the report are as follows:
  • Mohawk Industries, Inc.
  • Shaw Industries Group, Inc.
  • Armstrong Flooring, Inc.
  • Engineered Floor, LLC
  • Mannington Mills, Inc.,
  • The Dixie Group, Inc.
  • Tarkett Group
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 United States
7 Opportunities and Challenges in the Market
8 United States Flooring Market Analysis
8.1 Key Industry Highlights
8.2 United States Flooring Historical Market (2018-2023)
8.3 United States Flooring Market Forecast (2024-2032)
8.4 United States Flooring Market by Type
8.4.1 Resilient Flooring
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Vinyl
8.4.1.3.1.1 Historical Trend (2018-2023)
8.4.1.3.1.2 Forecast Trend (2024-2032)
8.4.1.3.2 Linoleum
8.4.1.3.2.1 Historical Trend (2018-2023)
8.4.1.3.2.2 Forecast Trend (2024-2032)
8.4.1.3.3 Rubber
8.4.1.3.3.1 Historical Trend (2018-2023)
8.4.1.3.3.2 Forecast Trend (2024-2032)
8.4.1.4.4 Others
8.4.2 Non-Resilient Flooring
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Ceramic Tiles
8.4.2.3.1.1 Historical Trend (2018-2023)
8.4.2.3.1.2 Forecast Trend (2024-2032)
8.4.2.3.2 Wood and Laminate
8.4.2.3.2.1 Historical Trend (2018-2023)
8.4.2.3.2.2 Forecast Trend (2024-2032)
8.4.2.3.3 Carpet and Rugs
8.4.2.3.3.1 Historical Trend (2018-2023)
8.4.2.3.3.2 Forecast Trend (2024-2032)
8.4.2.3.4 Others
8.5 United States Flooring Market by Application
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Non-Residential
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Mohawk Industries, Inc.
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Shaw Industries Group, Inc.
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Armstrong Flooring, Inc.
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Engineered Floor, LLC
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Mannington Mills, Inc.,
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 The Dixie Group, Inc.
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 Tarkett Group
10.2.7.1 Company Overview
10.2.7.2 Product Portfolio
10.2.7.3 Demographic Reach and Achievements
10.2.7.4 Certifications
10.2.8 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Flooring Market: Key Industry Highlights, 2018 and 2032
2. United States Flooring Historical Market: Breakup by Type (USD Million), 2018-2023
3. United States Flooring Market Forecast: Breakup by Type (USD Million), 2024-2032
4. United States Flooring Historical Market: Breakup by Application (USD Million), 2018-2023
5. United States Flooring Market Forecast: Breakup by Application (USD Million), 2024-2032
6. United States Flooring Market Structure

Companies Mentioned

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

Methodology

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