United States (US) Flooring Market Overview, 2027

"The U.S. flooring market, which serves the demands of the residential, commercial, and industrial sectors, is a thriving and diverse industry. Numerous varieties of flooring materials are available on the market, including hardwood, laminate, vinyl, tile, and carpet. The U.S. flooring market offers a wide variety of solutions to fit various preferences and design aesthetics thanks to its availability in a wide range of styles, colours, and textures. Consumers in the U.S. prioritize flooring materials that are durable and can withstand heavy foot traffic, ensuring longevity and minimizing the need for frequent replacement. Materials like hardwood, luxury vinyl, and porcelain tile are preferred for their resilience and longevity. Aesthetics play a crucial role in consumer preferences for flooring in the U.S. Market. Consumers seek flooring options that complement their interior design style, whether it's a classic, modern, rustic, or contemporary look. The market offers a wide variety of colors, patterns, and textures to cater to diverse consumer preferences. Consumers in the U.S. prefer flooring materials that are easy to clean and maintain. Flooring options like laminate, luxury vinyl, and ceramic tile are favored for their stain resistance and ease of cleaning, while carpet may be popular in residential settings for its comfort but requires regular maintenance. Environmental consciousness has grown among U.S. consumers, leading to a preference for sustainable and eco-friendly flooring options. Materials like bamboo, cork, and reclaimed wood are popular choices due to their renewable and environmentally friendly nature. Additionally, consumers seek flooring products that have low VOC (volatile organic compound) emissions to ensure healthier indoor air quality. According to the report titled ""United States (US) Flooring Market Overview 2027"" published by Bonafide Research, the market size of the United States (US) flooring market is increasing enormously in the forecasted period from 2022 to 2027. The U.S. housing market drives the demand for flooring materials as new homes are built. Residential construction projects and housing renovations contribute to the growth of the flooring market, as homeowners and builders seek suitable flooring options for their properties. Home remodeling and renovation projects serve as significant drivers for the U.S. flooring market. As homeowners update their interiors or replace outdated flooring, they contribute to the demand for new flooring materials, providing opportunities for manufacturers and suppliers. The demand for flooring materials extends beyond residential properties. The commercial and industrial sectors, including offices, retail spaces, healthcare facilities, and educational institutions, require durable and aesthetically pleasing flooring solutions. This sector's growth and renovation projects contribute to the overall demand for flooring materials. Design trends and consumer preferences influence the demand for different types of flooring materials. As consumer tastes evolve, there may be shifts in demand for specific flooring options, such as the increasing popularity of luxury vinyl plank flooring or the enduring appeal of hardwood floors. Technological advancements in manufacturing processes and materials impact the U.S. flooring market. Innovations such as improved installation methods, advanced surface treatments for enhanced durability, and the development of eco-friendly flooring solutions contribute to the growth and diversification of the market.

The urban population is rapidly increasing. Because of the rising urban population, new commercial development projects such as business complexes, hospitals, lodging facilities, and shopping malls are being developed. As customers invest their hard-earned money in high-quality residential complexes with attractive flooring finishes, flooring activities are increasing. The flooring market in this country is mainly divided into two segments by material types and by end-use types. Scratches, scuffs, stains, and indentations are not a problem with resilient flooring. Unlike many natural surfaces, it will not chip, break, distort, or yellow. This lengthy lifetime contributes to resilient flooring's sustainability. Increasing construction investments, along with increased demand for building aesthetic upgrades, are expected to fuel demand for resilient flooring throughout the projected period in the United States (US). Non-resilient flooring is more prone to chipping than distorting. Non-resilient flooring often outlasts resilient flooring. Builders frequently use non-resilient flooring when constructing a high-traffic area. A non-resilient floor is typically more expensive to build. There is a compromise to consider because it lasts longer. Non-resilient floors usually cost less to maintain than resilient floors. Non-resilient flooring is comprised of inflexible, organic, and hard-surface flooring materials such as ceramic tile, porcelain tile, and natural stone. These materials' excellent water resistance and durability are projected to drive their demand in commercial and residential buildings. The non-resilient flooring market is growing gradually in the United States (US) market. Carpet keeps warm air longer than other flooring materials in colder climes or seasons. This feature not only keeps your home warm in the winter but also saves electricity. Carpet also makes a space feel cosier by providing a pleasant spot to relax, play, or work. Rugs liven up a space and provide warmth and comfort to individuals who walk, sit, and even lie on them. Rugs and carpets are popular among customers because of their aesthetic and utilitarian features, which may cover the floor while also improving the overall appeal of the house or workplace decor. Rising consumer expenditure on home decor goods to improve their appearance is also propelling market expansion. In the future years, the United States (US) carpet and rug markets are expected to benefit from rising demand for environmentally friendly carpets, a growing desire for modern area rugs, and higher use of carpet tiles. The COVID-19 epidemic has had a significant influence on the flooring market. The outbreak has had an impact on many businesses and has caused a global economic downturn. Prior to the onset of COVID-19, rising consumer spending power drove demand for home flooring. However, due to the worldwide economic crisis caused by the epidemic, customers are only ready to spend on necessities. The COVID-19 epidemic has profoundly altered consumer preferences and purchasing behavior. The demand for flooring is heavily influenced by new construction projects and economic activity. The government of the United States (US)x lockdowns enforced during the current crisis have temporarily halted building activity, postponing new construction projects and home renovations, reducing demand for vinyl flooring globally. The COVID-19 epidemic has also interrupted industrial processes and damaged flooring supply networks. Companies rely significantly on Chinese manufacturing for supplies and parts. However, activity at Chinese manufacturing plants has declined precipitously in the past month, impeding the expansion of the vinyl flooring industry. Considered in this report • Geography: United States (US) • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027

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Manmayi Raval

Research Consultant

Aspects covered in this report • United States (US) Flooring Market with its value and forecast along with its segments • Application wise tire industry distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Based on By Material Types: • Resilient material • Non-resilient material • Carpets and rugs Based on by End use types: • Residential • Commercial • Industrial

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The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flooring industry, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. "