Flooring Industry Statistics 2014

Market size industry statistics.

Flooring industry statistics 2014. 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. 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 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.

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. While growth rates pale in comparison to the mid 2000 heydays the industry last year. 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. Definitive resources for flooring news and information on trends inspirations best practices in flooring and flooring installation for industry professionals.

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 market is expected to grow annually by 4 1 cagr 2020 2023. 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. Industry market size for flooring contractors.

The rising need for aesthetic interior materials in building structures is anticipated to fuel the product demand. Revenue in the floor covering segment amounts to us 24 200m in 2020. The north american residential flooring market reached nearly 11 9 billion in volume of squares in 2013 and 12 4 billion in dollar amount. The median square footage sold by wood flooring distributors surveyed in 2009 was a paltry 392 000.

Beyond the statistics intangibles demonstrate the solid ground for the industry in 2014. This website requires certain cookies to work and uses other cookies to help you have the best experience. The median for distributors answering our survey this year had more than doubled to 950 000. In its 50th year neocon continues to serve as the commercial design industry s launch pad for innovation.