Press release
Wooden Floor Market Expected to Reach $141,091.3 Million | By Top Leading Companies Armstrong, Beaulieu International Group, Berkshire Hathaway, Boral Limited, Brumark Corporation, Khrs Holding AB, Mannington Mills, Mohawk Industries, Nature Home Holding
Wooden Floor Market
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The global wooden floor market was valued at $90,638.1 million in 2017, and is projected to reach $141,091.3 million in 2025, growing at a CAGR of 5.9%, while in terms of volume, the market is expected to grow at a CAGR of 4.7% by 2025. The engineered wood segment accounted for more than two-thirds of the market share in 2017, and is expected to witness significant growth during the forecast period.
A wooden floor is a type of hard surface flooring, which lasts for decades, can be cleaned easily, and is hygienic than other flooring. There is an increase in demand for the flooring, owing to rise in construction projects across different regions of the world. In addition, its installation enhances the beauty adds value, and makes the room look spacious, which are expected to propel the growth of the market. However, high cost of manufacturing is anticipated to restrain the market growth.
Factors, such as new construction, renovation, and retrofitting activities for buildings as well as infrastructure influence the market growth, and are expected to drive the wooden floor market during the forecast period. However, increased emphasis on use of green and eco-friendly material, such as wood, and fluctuation in foreign currencies affect profit margins, which are estimated to impede the global wooden floor market. Moreover, key market players adopt various strategies, such as business expansion and acquisition, to strengthen their market presence, which boost the growth of the market. For instance, in April 2016, Shaw Industries Group, Inc., expanded its hardwood flooring manufacturing facility in South Pittsburg, Tn., to meet the growth in demand for its engineered hardwood flooring products.
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The global wooden floor market is segmented based on product, application, and region. Based on product, the market is fragmented into engineered wood and solid wood. The engineered wood segment is anticipated to dominate the global market throughout the study period. Based on application, the market is categorized into residential, and non-residential. The residential segment is projected to dominate the global market in future.
By product, the market is segmented into engineered wood and solid wood. Among these, the engineered wood segment is expected to grow at a significant growth rate during the forecast period, owing to manufacturing of engineered wood products that require less energy in comparison to that of other flooring materials. Also, it results in few greenhouse gases and other air pollution emissions, thereby, making engineered wood the preferred choice for sustainable designs of flooring.
LIST OF TABLES
TABLE 01. GLOBAL WOODEN FLOOR MARKET REVENUE, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 02. GLOBAL WOODEN FLOOR MARKET REVENUE, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 03. WOODEN FLOOR MARKET, FOR SOLID WOOD, BY REGION, 2017-2025 ($MILLION)
TABLE 04. WOODEN FLOOR MARKET, FOR SOLID WOOD, BY REGION, 2017-2025 (MN SQ. FEET)
TABLE 05. WOODEN FLOOR MARKET REVENUE, FOR ENGINEERED WOOD, BY REGION, 2017-2025 ($MILLION)
TABLE 06. WOODEN FLOOR MARKET REVENUE, FOR ENGINEERED WOOD, BY REGION, 2017-2025 (MN SQ. FEET)
TABLE 07. GLOBAL WOODEN FLOOR MARKET REVENUE, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 08. GLOBAL WOODEN FLOOR MARKET REVENUE, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 09. WOODEN FLOOR MARKET REVENUE, FOR RESIDENTIAL, BY REGION, 2017-2025 ($MILLION)
TABLE 10. WOODEN FLOOR MARKET REVENUE, FOR RESIDENTIAL, BY REGION, 2017-2025 (MN SQ. FEET)
TABLE 11. WOODEN FLOOR MARKET REVENUE, FOR NON-RESIDENTIAL, BY REGION, 2017-2025 ($MILLION)
TABLE 12. WOODEN FLOOR MARKET REVENUE, FOR NON-RESIDENTIAL, BY REGION, 2017-2025 (MN SQ. FEET)
TABLE 13. GLOBAL WOODEN FLOOR MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 14. GLOBAL WOODEN FLOOR MARKET, BY REGION, 2017-2025 (MN SQ. FEET)
TABLE 15. NORTH AMERICA WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 16. NORTH AMERICA WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 MN SQ. FEET)
TABLE 17. NORTH AMERICA WOODEN FLOOR MARKET REVENUE, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 18. NORTH AMERICA WOODEN FLOOR MARKET REVENUE, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 19. NORTH AMERICA WOODEN FLOOR MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 20. NORTH AMERICA WOODEN FLOOR MARKET, BY COUNTRY, 2017-2025 (MN SQ. FEET)
TABLE 21. U.S. WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 22. U.S. WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 23. U.S. WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 24. U.S. WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 25. CANADA WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 26. CANADA WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 27. CANADA WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 28. CANADA WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 29. MEXICO WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 30. MEXICO WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 31. MEXICO WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 32. MEXICO WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 33. EUROPE WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 34. EUROPE WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 35. EUROPE WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 36. EUROPE WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 37. EUROPE WOODEN FLOOR MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 38. EUROPE WOODEN FLOOR MARKET, BY COUNTRY, 2017-2025 (MN SQ. FEET)
TABLE 39. GERMANY WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 40. GERMANY WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 41. GERMANY WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 42. GERMANY WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 43. ITALY WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 44. ITALY WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 45. ITALY WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 46. ITALY WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 47. FRANCE WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 48. FRANCE WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 49. FRANCE WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 50. FRANCE WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 51. RUSSIA WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 52. RUSSIA WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 53. RUSSIA WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 54. RUSSIA WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 55. REST OF EUROPE WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 56. REST OF EUROPE WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
TABLE 57. REST OF EUROPE WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 58. REST OF EUROPE WOODEN FLOOR MARKET, BY APPLICATION, 2017-2025 (MN SQ. FEET)
TABLE 59. ASIA-PACIFIC WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 60. ASIA-PACIFIC WOODEN FLOOR MARKET, BY PRODUCT, 2017-2025 (MN SQ. FEET)
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