Flooring Industry Statistics 2014

The market is expected to grow annually by 4 1 cagr 2020 2023.

Flooring industry statistics 2014.

This website requires certain cookies to work and uses other cookies to help you have the best experience. 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. The rising need for aesthetic interior materials in building structures is anticipated to fuel the product demand. Industry market size for flooring contractors.

In its 50th year neocon continues to serve as the commercial design industry s launch pad for innovation. While growth rates pale in comparison to the mid 2000 heydays the industry last year. The floor coverings market includes finish. 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.

The median square footage sold by wood flooring distributors surveyed in 2009 was a paltry 392 000. It is generally accepted in the construction industry that a material with a permanence rating of less than 0 01 perms is considered to have a vapor barrier. 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 north american residential flooring market reached nearly 11 9 billion in volume of squares in 2013 and 12 4 billion in dollar amount.

Market size industry statistics. The median for distributors answering our survey this year had more than doubled to 950 000. 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. Revenue in the floor covering segment amounts to us 24 200m in 2020.

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. Beyond the statistics intangibles demonstrate the solid ground for the industry in 2014. June 26 july 2 2018. Definitive resources for flooring news and information on trends inspirations best practices in flooring and flooring installation for industry professionals.