Flooring Industry Statistics 2014

The global flooring market size was estimated at usd 369 26 billion in 2019 and is expected to expand at a cagr of 5 9 from 2020 to 2027.

Flooring industry statistics 2014.

The flooring industry as a whole in 2018 continued on its slow but steady growth curve in terms of dollars a journey that began in 2011 and shows no signs of abating. Revenue in the floor covering segment amounts to us 24 200m in 2020. When dealing with concrete flooring even if a vapor retarder is present it sometimes won t meet the criteria of what the astm e1745 states regarding vapor retarders. Returning to chicago s historic mart june 11 through 13 this year s show promises thousands of new products from leading manufactures and emerging companies as well as world class programming including panel led discussions talks and keynotes that will reflect on innovations in.

The growth is led by the resilient category in general and the waterproof subsegment in particular which is basically carrying the floor covering industry on its back. June 26 july 2 2018. The median square footage sold by wood flooring distributors surveyed in 2009 was a paltry 392 000. Volume 34 issue 1 the flooring industry in 2017 continued its prolonged climb back from the economic slump that plagued the united states from 2007 2010 led by the resilient category in general and everything waterproof in particular.

The median for distributors answering our survey this year had more than doubled to 950 000. The rising need for aesthetic interior materials in building structures is anticipated to fuel the product demand. The market is expected to grow annually by 4 1 cagr 2020 2023. This market is expected to total 14 8 billion in volume of squares and more than 16 1 billion in dollar amount in 2018 increasing at a compound annual growth rate cagr of 4 5 in volume of squares and 5 3 in dollar amount for the period of 2013 to 2018.

In its 50th year neocon continues to serve as the commercial design industry s launch pad for innovation. Definitive resources for flooring news and information on trends inspirations best practices in flooring and flooring installation for industry professionals. Beyond the statistics intangibles demonstrate the solid ground for the industry in 2014. Industry market size for flooring contractors.

Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. While growth rates pale in comparison to the mid 2000 heydays the industry last year. Market size industry statistics. The north american residential flooring market reached nearly 11 9 billion in volume of squares in 2013 and 12 4 billion in dollar amount.