United States Floor Covering Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 42.68 Billion |
| Market Size (2029) | USD 58.58 Billion |
| CAGR (2024 - 2029) | 6.54 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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United States Floor Covering Market Analysis
The United States Floor Covering Market size is estimated at USD 42.68 billion in 2024, and is expected to reach USD 58.58 billion by 2029, growing at a CAGR of 6.54% during the forecast period (2024-2029).
The floor covering market in the United States is a rapidly growing industry comprising all types of flooring products, such as carpets, rugs, tiles, vinyl, wood, and laminates. The market is driven by continuous infrastructure development and growing construction activities in residential and commercial sectors. In recent years, the demand for sustainable and environmentally friendly flooring options has also increased, leading to the popularity of products made from renewable materials such as bamboo, cork, and linoleum.
There has been a strong trend toward using luxury vinyl tiles and planks, which offer a more realistic look and feel of wood and stone at a lower cost. Moreover, the deployment of advanced manufacturing technologies has led to the production of high-quality products with enhanced durability, safety, and sustainability features. Overall, the US floor-covering market is a dynamic and evolving industry driven by construction activity, home improvement trends, changing consumer preferences, technological advancements, and shifts in retail channels.
United States Floor Covering Market Trends
Rapid Growth in Resilient Flooring Driving the Market
The US resilient flooring market boasts a diverse range of products tailored for both residential and commercial use. Vinyl, linoleum, rubber, and cork stand out as popular choices, lauded for their durability, low maintenance, and design flexibility. Among these, vinyl flooring, especially luxury vinyl tile (LVT) and luxury vinyl plank (LVP), leads the market. Its popularity stems from being cost-effective, water-resistant, and adept at mimicking natural materials.
Key commercial sectors like healthcare, education, and hospitality are pivotal in driving the demand for resilient flooring, with a notable preference for rubber flooring, prized for its slip resistance and shock-absorbing qualities. Moreover, there is a noticeable shift toward sustainability and eco-friendly materials, shaping both product innovation and consumer choices in the resilient flooring landscape. The industry has notched up significant strides in design, technology, and manufacturing. Noteworthy advancements include the rise of luxury vinyl flooring (LVF), refined embossing techniques, and streamlined installation methods. These innovations have not only broadened the appeal of resilient flooring but also drawn in a larger customer base.
Rising Residential Construction Driving the Market
In the US floor-covering market, the residential segment, covering properties like houses, apartments, and single-family homes, holds a substantial market share. Notably, there is a pivot toward hard surface flooring like hardwood, laminate, vinyl, and tile. Luxury vinyl flooring (LVF) stands out with its durability, affordability, and adaptability. Consumers are increasingly drawn to flooring that offers comfort, low maintenance, and aesthetic charm, all to elevate their living environments.
Moreover, the surge in new residential constructions directly bolsters the demand for floor coverings. As the housing market thrives and new homes sprout, the appetite for flooring surges. Homebuyers, mindful of durability, design, and cost, are shaping the selection of flooring materials.
Aligned with broader market sentiments, the residential sector is witnessing a rise in demand for sustainable flooring. Consumers are actively opting for floorings crafted from recycled materials and renewable sources, boasting low VOC emissions. This eco-conscious wave is propelling options like bamboo, cork, and other recycled materials into the limelight as homeowners strive for greener living spaces.
United States Floor Covering Industry Segmentation
The US floor covering market is highly fragmented, with many regional and international manufacturers competing for market share. Some of the leading players in the industry include Mohawk Industries, Shaw Industries, Armstrong Flooring, Mannington Mills, and Interface Inc.
United States Floor Covering Market Leaders
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Mohawk Industries Inc.
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Shaw Industries Group Inc.
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Armstrong Flooring
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Interface Inc.
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Mannington Mills
*Disclaimer: Major Players sorted in no particular order
United States Floor Covering Market News
- December 2023: Mohawk Group and Scanalytics, a smart flooring firm with its headquarters in Milwaukee, Wisconsin, entered a partnership to lower emissions from the built environment.
- September 2023: Shaw Industries Group Inc. (Shaw) established a strategic alliance with the Classen Group. This advanced hard surface flooring producer provides PVC-free options for residential as well as business applications. Through this agreement, Shaw will become the exclusive distributor of the business's new line of commercial flooring products in North America.
US Floor Covering Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Renovation and Construction Activities
4.2.2 Rising Demand for Eco-Friendly and Sustainable Flooring
4.3 Market Restraints
4.3.1 Stringent Government Regulations on Emissions Associated with Constructing of Flooring
4.3.2 High Prices of Raw Materials Used in the Manufacturing of Flooring Products
4.4 Market Opportunities
4.4.1 Adoption of Virtual and Augmented Reality Technology
4.4.2 Rise of Digital Platforms and E-commerce
4.5 Value Chain Analysis
4.6 Industry Attractiveness: Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights into Technological Advancements in the Industry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Carpet and Rugs
5.1.2 Resilent Flooring
5.1.2.1 Vinyl Flooring
5.1.2.2 Other Resilient Flooring
5.1.3 Non-resilent Flooring
5.1.3.1 Wood Flooring
5.1.3.2 Ceramic Flooring
5.1.3.3 Laminate Flooring
5.1.3.4 Stone Flooring
5.2 By Distribution Channel
5.2.1 Flagship Stores
5.2.2 Specialty Stores
5.2.3 Home Centers
5.2.4 Online Stores
5.3 By End User
5.3.1 Residential
5.3.2 Commercial
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Mohawk Industries Inc.
6.1.2 Shaw Industries Group Inc.
6.1.3 Armstrong Flooring
6.1.4 Interface Inc.
6.1.5 Mannington Mills
6.1.6 The Dixie Group
6.1.7 Milliken & Company
6.1.8 Engineered Floors
6.1.9 Congoleum Corporation
6.1.10 CBC Flooring*
- *List Not Exhaustive
7. FUTURE MARKET TRENDS
8. DISCLAIMER AND ABOUT US
United States Floor Covering Industry Segmentation
Flooring and carpets play a crucial role in households and find applications in various other settings. Flooring and carpets are made of wood, polymer staple fibers, carpets and rugs, vinyl sheets, and ceramic tiles.
The US floor covering market is segmented by product, end user, and distribution channel. By product, the market is segmented into carpet and rugs, resilient flooring, and non-resilent flooring. By distribution channel, the market is segmented into home centers, specialty stores, flagship stores, and online stores. By end user, the market is segmented into commercial and residential. The report also offers market size and forecasts in value (USD) for all the above segments.
| By Product | ||||||
| Carpet and Rugs | ||||||
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| By Distribution Channel | |
| Flagship Stores | |
| Specialty Stores | |
| Home Centers | |
| Online Stores |
| By End User | |
| Residential | |
| Commercial |
US Floor Covering Market Research FAQs
How big is the United States Floor Covering Market?
The United States Floor Covering Market size is expected to reach USD 42.68 billion in 2024 and grow at a CAGR of 6.54% to reach USD 58.58 billion by 2029.
What is the current United States Floor Covering Market size?
In 2024, the United States Floor Covering Market size is expected to reach USD 42.68 billion.
Who are the key players in United States Floor Covering Market?
Mohawk Industries Inc., Shaw Industries Group Inc., Armstrong Flooring, Interface Inc. and Mannington Mills are the major companies operating in the United States Floor Covering Market.
What years does this United States Floor Covering Market cover, and what was the market size in 2023?
In 2023, the United States Floor Covering Market size was estimated at USD 39.89 billion. The report covers the United States Floor Covering Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United States Floor Covering Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What are the dominant product segments in the U.S. Flooring Market?
The dominant product segments in the U.S. Flooring Market include ceramic tiles, vitrified (porcelain) tiles, carpet, vinyl, luxury vinyl tiles (LVT), linoleum/rubber, wood & laminate and natural stone
US Flooring Industry Report
The U.S. floor covering market is witnessing significant growth, driven by the demand for durable, aesthetically pleasing, and sustainable options, making it a key player in the industry. This growth is especially notable in residential sectors, fueled by renovation and remodeling activities, as reflected in US flooring industry statistics. The market, segmented by products like ceramic tiles, vitrified (porcelain) tiles, carpets, and vinyl, showcases the innovation of top flooring companies in the USA. Carpets, known for their affordability and comfort, dominate the product segment, while vitrified tiles are expected to see the fastest growth due to their durability. The residential segment leads, propelled by urbanization and the increase in single-family homes, highlighting the demand for high-quality solutions. Technological advancements and eco-friendly solutions like luxury vinyl tiles (LVTs) are pushing the market forward. However, environmental concerns and the impact of manufacturing processes pose challenges, leading top manufacturers to adopt more sustainable practices. The competitive landscape features both direct and indirect distribution channels, with a shift towards online platforms, aligning with digital transformation trends. For detailed US Flooring market share, size, and revenue growth rate, Mordor Intelligence™ offers an industry analysis with a market forecast outlook and historical overview, available as a free report PDF download.
