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Flooring.

Overall flooring sales grew 6% last year, to $21.83 billion, with the hardwood market accounting for $3.35 billion and laminate flooring $935 million, according to Catalina Research. Future projections for 2015 are also optimistic as consumer confidence and spending continue to rise.

A survey of flooring manufacturers by the National Wood Flooring Assn, found more than 80% said business is better than last year, with 84% saying the dollar value of their wood flooring sales had increased in 2014, and another 13% indicating it stayed the same.

Laminate flooring manufacturers are also seeing their sales rise, albeit more slowly. Catalina's research saw these sales improve 1.4% last year, compared to 14.7% for hardwood.

The economy continues to be the biggest "threat" to business, followed by government regulations, competition from imports as well as other types of floor coverings. With 2016 an election year, the political climate is also of concern, the NWFA survey found.

Major Players

Mohawk

Armstrong Flooring

Gerflor Group

Shaw Industries

Lumber

Liquidators

Fausfloor

Mannington Mills

Tarkett

Mullican Flooring

Unilin

QUICK STATS

Laminate flooring was a $936 million industry in 2014,4% of the total market. The majority of sales, 80%, were in home remodeling.

2014 hardwood flooring sales were $3.3 billion, 15% of the total market. About half of sales (54%) were in home remodeling.

Sources: Catalina Research, Floor Covering Weekly, IBISWorld, NWFA/Hardwood Floors magazine

Flooring: hardwood flooring, laminate/engineered flooring, plank, parquet, cork

Surveyed National Wood
Flooring Assn, members said
their biggest threats are:

The economy              30%

Competing Asian
manufacturers            26%

Government
regulations              15%

Competing floor
coverings                11%

Other                     7%

Political climate         7%

Competing American &
Canadian Manufacturers    4%

Source: NWFA

Note: Table made from pie chart.

SHOULD LEED CHANGE?

Should the LEED green building program recognize other wood flooring
certifications besides FSC?

YES   70%
NO    30%

Note: Table made from pie chart.

Source: NWFA

Wood Flooring Manufacturing in the U.S.

Revenue                    $2 billion
Annual Growth 2010-2015         10.9%
Employment                      7,810
Number of manufacturers            67

Flooring Installers in the U.S.

Revenue                   $18 billion
Annual Growth 2010-2015          3.1%
Employment                    128,670
Number of Businesses           77,344

Source: IBISWorld
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Publication:Woodworking Network
Date:Dec 1, 2015
Words:360
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