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US demand for flooring is projected to advance 1.4% annually through 2024 to 24.1 billion square feet valued at $33.0 billion. Growth will be promoted by:
The effects of the COVID-19 pandemic on flooring demand in 2020 varied by market:
Furthermore, the commercial flooring market will continue to be negatively affected in 2021 as changing work and consumer patterns will mean fewer office buildings, retail sites, and restaurants will need to be built.
Hard surface flooring has seen its share of the US floor coverings market rise from 40% in 2009 to 51% in 2019, and it will continue to post gains in market share going forward. Users in both the residential and commercial markets will opt for hard surface flooring because of its longer lifespan, low maintenance requirements, and ability to improve indoor air quality. Furthermore, hard surface flooring is often perceived as being more aesthetically pleasing than installed carpeting, so it is frequently used to improve buildings’ appearance and value.
The residential market accounted for the largest share of flooring demand in 2019 and will post the most rapid gains going forward. The US features a large stock of older homes, many of which have large expanses of installed carpeting. Going forward, many homeowners will opt to replace their floor coverings, frequently with hard surface flooring. Products that look like wood or natural stone will particularly benefit, as they fit modern design trends and are considered more attractive than other materials.
1. Executive Summary
2. Overview
Study Scope
Historical Market Trends
Impact of COVID-19 Pandemic
Demand by Flooring Type
Demand by Market
Shipments & Foreign Trade
Production
Imports
Exports
Pricing Trends
Installation Costs
Competitive Products
Sustainability Trends
Carpets & Rugs
Hard Surface Flooring
3. Hard Surface Flooring
Scope & Product Description
Demand by Product
Vinyl Flooring
Decorative Tile Flooring
Wood Flooring
Laminate Flooring
Market Share
4. Carpets & Rugs
Scope & Product Description
Demand by Product
Market Share
5. Residential Flooring
Market Scope
Demand by Product
New Construction
Replacement & Remodeling
Housing Types
Demand by Housing Type
Single-Family
Multifamily
Manufactured Housing
6. Commercial Flooring
Market Scope
Demand by Product
New Construction
Replacement & Remodeling
Building Types
Demand by Building Type
Office, Trade, & Lodging
Institutional
Industrial
Other Commercial Buildings
7. Transportation Equipment & Nonbuilding
Market Scope
Demand by Product
Motor Vehicle Flooring
Other Vehicles (Recreational, Aircraft, Ships, Trains) & Nonbuilding Construction
8. Suppliers & Market Share
Key Findings & Industry Composition
Market Share
Mergers & Acquisitions
List of Industry Participants
9. Appendix
Scope
Definitions
Abbreviations
Freedonia Methodology
Study-Specific Methodology
Sources
Associations & Agencies
Related Studies & Reports
Macroeconomic Assumptions
Economic Environment
Demographic Trends
Consumer Spending
Consumer Financing
Building Construction
Residential Building Construction
Housing Completions
Residential Improvements & Repairs
Commercial Building Construction
Commercial Building Stock
Commercial Building Improvements & Repairs
Nonbuilding Construction Expenditures
Motor Vehicles
Recreational Boats, Recreational Vehicles, & Civilian Aircraft Shipments
2. Overview
Table 2-1 | Flooring Market, 2009 - 2019
Table 2-2 | Annual Flooring Demand by Product, 2019 - 2021 (million square feet)
Table 2-3 | Annual Flooring Demand by Market, 2019 - 2021 (million square feet)
Table 2-4 | Flooring Demand by Type, 2009 - 2029 (million square feet & million dollars)
Table 2-5 | Flooring Demand by Market, 2009 - 2029 (million square feet)
Table 2-6 | Flooring Supply & Demand, 2009 - 2029 (million square feet)
Table 2-7 | Flooring Average Price by Type, 2009 - 2029 (dollars per square foot)
3. Hard Surface Flooring
Table 3-1 | Hard Surface Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 3-2 | Vinyl Flooring Demand by Product, 2009 - 2029 (million square feet & million dollars)
Table 3-3 | Decorative Tile Flooring Demand by Material, 2009 - 2029 (million square feet & million dollars)
Table 3-4 | Wood Flooring Demand by Product, 2009 - 2029 (million square feet & million dollars)
Table 3-5 | Laminate Flooring Demand by Product, 2009 - 2029 (million square feet & million dollars)
4. Carpets & Rugs
Table 4-1 | Carpet & Rug Demand by Product, 2009 - 2029 (million square feet & million dollars)
5. Residential Flooring
Table 5-1 | Residential Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 5-2 | New Residential Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 5-3 | Residential Replacement & Remodeling Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 5-4 | Residential Flooring Demand by Housing Type, 2009 - 2029 (million square feet)
Table 5-5 | Single-Family Housing Flooring Demand by Product & Application, 2009 - 2029 (million square feet)
Table 5-6 | Multifamily Housing Flooring Demand by Product & Application, 2009 - 2029 (million square feet)
Table 5-7 | Manufactured Housing Flooring Demand by Product & Application, 2009 - 2029 (million square feet)
6. Commercial Flooring
Table 6-1 | Commercial Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 6-2 | New Commercial Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 6-3 | Commercial Replacement & Remodeling Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 6-4 | Commercial Flooring Demand by Building Type, 2009 - 2029 (million square feet)
Table 6-5 | Office, Trade, & Lodging Flooring Demand by Product & Application, 2009 - 2029 (million square feet)
Table 6-6 | Institutional Buildings Flooring Demand by Product & Application, 2009 - 2029 (million square feet)
Table 6-7 | Industrial Flooring Demand by Product & Application, 2009 - 2029 (million square feet)
Table 6-8 | Other Commercial Building Flooring Demand by Product & Application, 2009 - 2029 (million square feet)
7. Transportation Equipment & Nonbuilding
Table 7-1 | Transportation Equipment & Nonbuilding Construction Flooring Demand by Application & Product, 2009 - 2029 (million square feet)
Table 7-2 | Motor Vehicle Flooring Demand by Product, 2009 - 2029 (million square feet)
Table 7-3 | Other Vehicle & Nonbuilding Construction Flooring Demand by Product, 2009 - 2029 (million square feet)
8. Suppliers & Market Share
Table 8-1 | US Flooring Sales by Company, 2019 (million dollars)
Table 8-2 | Selected Mergers & Acquisitions
Table 8-3 | Selected Industry Participants
9. Appendix
Table 9-1 | Relevant Industry Codes
Table 9-2 | Relevant HS Codes
Table 9-3 | Abbreviations & Acronyms Used in Study
Table 9-4 | Macroeconomic Indicators, 2009 - 2029 (billion 2012 dollars)
Table 9-5 | Population & Households, 2009 - 2029 (million persons)
Table 9-6 | Personal Consumption Expenditures, 2009 - 2029 (billion 2012 dollars)
Table 9-7 | Consumer Financing Environment, 2009 - 2019
Table 9-8 | Building Construction Expenditures, 2009 - 2029 (billion 2012 dollars & billion dollars)
Table 9-9 | Residential Building Construction Expenditures, 2009 - 2029 (billion 2012 dollars & billion dollars)
Table 9-10 | New Housing Indicators, 2009 - 2029
Table 9-11 | Residential Improvement & Repair Expenditures, 2009 - 2029 (billion 2012 dollars & billion dollars)
Table 9-12 | Commercial Building Construction Expenditures, 2009 - 2029 (billion 2012 dollars & billion dollars)
Table 9-13 | Commercial Building Stock by Type, 2009 - 2029 (billion 2012 dollars)
Table 9-14 | Commercial Building Improvement & Repair Expenditures, 2009 - 2029 (billion 2012 dollars & billion dollars)
Table 9-15 | Nonbuilding Construction Expenditures, 2009 - 2029 (billion 2012 dollars & billion dollars)
Table 9-16 | Motor Vehicle Indicators, 2009 - 2029
Table 9-17 | Recreational Boats, Recreational Vehicles, & Civilian Aircraft Shipments, 2009 - 2029 (000 units)
1. Executive Summary
Figure 1-1 | US Flooring Market
2. Overview
Figure 2-1 | Flooring Demand, 2009 - 2019 (million square feet)
Figure 2-2 | Annual Flooring Demand by Market, 2019 - 2024 (million square feet)
Figure 2-3 | Flooring Demand by Market, 2009 - 2029 (million square feet)
Figure 2-4 | Flooring Imports: Share by Source, 2019 (billion square feet)
Figure 2-5 | Flooring Exports: Share by Destination, 2019 (billion square feet)
Figure 2-6 | Flooring Average Price by Type, 2009 - 2029 (dollars per square foot)
Figure 2-7 | Selected Flooring Installation Costs, 2009 - 2029 (dollars per square foot)
3. Hard Surface Flooring
Figure 3-1 | Hard Surface Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 3-2 | Vinyl Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 3-3 | Decorative Tile Flooring Demand by Material, 2009 - 2029 (million square feet)
Figure 3-4 | Wood Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 3-5 | Hard Surface Flooring Market Share by Company, 2019 (billion dollars)
4. Carpets & Rugs
Figure 4-1 | Carpet & Rug Demand by Product, 2009 - 2029 (million square feet)
Figure 4-2 | Carpets & Rugs Market Share by Company, 2019 (billion dollars)
5. Residential Flooring
Figure 5-1 | Residential Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 5-2 | New Residential Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 5-3 | Residential Replacement & Remodeling Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 5-4 | Residential Flooring Demand by Housing Type, 2009 - 2029 (million square feet)
Figure 5-5 | Single-Family Housing Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 5-6 | Multifamily Housing Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 5-7 | Manufactured Housing Flooring Demand by Product, 2009 - 2029 (million square feet)
6. Commercial Flooring
Figure 6-1 | Commercial Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 6-2 | New Commercial Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 6-3 | Commercial Replacement & Remodeling Flooring Demand by Product, 2009 - 2029 (million square feet)
Figure 6-4 | Commercial Flooring Demand by Building Type, 2009 - 2029 (million square feet)
7. Transportation Equipment & Nonbuilding
Figure 7-1 | Transportation Equipment & Nonbuilding Construction Flooring Demand by Product, 2009 - 2029 (million square feet)
8. Suppliers & Market Share
Figure 8-1 | US Flooring Market Share by Company, 2019 (billion dollars)
Figure 8-2 | US Flooring Market, 2019: Leading Supplier
Figure 8-3 | US Flooring Market, 2019: Second Leading Supplier
Figure 8-4 | US Flooring Market, 2019: Third Leading Supplier
Figure 8-5 | US Flooring Market, 2019: Fourth Leading Supplier
Figure 8-6 | US Flooring Market, 2019: Fifth Leading Supplier
Figure 8-7 | US Flooring Market, 2019: Sixth Leading Supplier
9. Appendix
Figure 9-1 | Annual Growth in Real GDP, 2000 - 2019, Compared to 1980 - 2005 Average (percent)
Figure 9-2 | Annual Population Growth, 2004 - 2019 (percent)
Figure 9-3 | New Housing Square Footage by Housing Type, 2004 - 2019
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