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Flooring Contractors Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Flooring Contractors
How Big Is the Flooring Contractors Market Size Expected to Be by 2034?
There has been a substantial growth in the market size of flooring contractors in the past few years. The market, which was valued at $201.47 billion in 2024, is expected to rise to $219.53 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. This robust growth during the historic period can be ascribed to factors such as trends in housing and commercial construction, renovation and remodeling activities, design and aesthetic preferences, population growth and urbanization, along with expansion in the commercial and retail sectors.
The market size for flooring contractors is anticipated to experience significant expansion in the upcoming years. It's predicted to reach a value of $301.27 billion in 2029, with a compound annual growth rate (CAGR) of 8.2%. Factors contributing to this growth in the forecasted period encompass innovations in flooring material, the pivot towards eco-friendly building practices, a rise in preference for luxury flooring amongst consumers, advancements in technological integration for flooring solutions, and developments in both residential and commercial real estate. Notable trends projected for the forecasted period include the utilization of digital tools for flooring design and visualization, expansion into resilient and soft flooring options, focus on swift and effective installation methods, growth in online flooring sales and e-commerce, and the incorporation of recycled and upcycled materials in flooring solutions.
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How Are Emerging Segments Shaping the Flooring Contractors Market Landscape?
The flooring contractors market covered in this report is segmented -
1) By Type: Carpet And Rug, Resilient Flooring, Non-Resilient Flooring
2) By Construction Type: New Construction, Renovation
3) By End Use: Residential, Non Residential
Subsegments:
1) By Carpet And Rug: Wall-To-Wall Carpeting, Area Rugs, Carpet Tiles
2) By Resilient Flooring: Vinyl Flooring, Linoleum Flooring, Cork Flooring, Rubber Flooring
3) By Non-Resilient Flooring: Hardwood Flooring, Laminate Flooring, Ceramic And Porcelain Tile, Stone Flooring
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Which Growth Factors Are Influencing Flooring Contractors Market Expansion?
The surge in renovation and remodeling undertakings is anticipated to fuel the expansion of the flooring contractors market. These activities encompass the endeavor to enhance or modernize a derelict, damaged, or faulty building, limiting to reviving the existing structure without altering the overall blueprint. A plethora of homeowners and business institutions are initiating numerous restoration and remodeling projects, inclusive of flooring refurbishments, to amplify aesthetics and impart superior insulation, comfort, and durability to the buildings. For instance, the Harvard Joint Center for Housing Studies (JCHS), a research center associated with Harvard University in the US, reported in January 2022, that the home remodeling market in the USA touched $430 billion in 2022, recording a 17% surge from the previous year. Consequently, the uptick in renovation and remodeling activities is boosting the growth of the flooring contractor market.
Who Are the Dominant Players Across Different Flooring Contractors Market Segments?
Major companies operating in the flooring contractors market include Mohawk Industries Inc., Shaw Industries Group Inc., Empire Today LLC, Beaulieu International Group, Mannington Mills Inc., AWI Licensing LLC, Koetter Woodworking Inc., H. J. Martin & Son Inc., Redi Carpet Sales of Virginia Inc., Bonitz Company of Carolina Inc., Spectra Contract Flooring, Burke Industries Inc., Global Flooring Group, Polyflor Ltd., Crossville Inc., Interface Inc., The Dixie Group Inc., Tarkett S.A., Forbo Holding AG, TOLI Corporation, Congoleum Corporation, CBC Flooring, National Floors Direct Inc., Artistic Floors by Design Inc., Alia's Flooring and Remodeling, Shine Star Hardwood Flooring, Floor Coverings International, IVC Group Ltd., LG Hausys Ltd.
What Are the Latest Developing Trends in the Flooring Contractors Market?
Leading entities in the flooring contractors market are endeavoring to innovate their product line, introducing offerings like waterproof laminate flooring. These aesthetically appealing, robust, and moisture-resistant solutions are changing the game in laminate flooring. Waterproof laminate flooring is designed to resist moisture penetration, thanks to its water-repelling seal and tightly jointed planks that can withstand moisture-related damage. This makes it a perfect fit for areas susceptible to humidity and spills. For instance, Span Floors, an enterprise based in India specializing in premium wood floors, decks, and claddings for opulent houses, unveiled the Aqua Pro Collection in January 2024. Utilizing AQUA PRO technology, this collection provides moisture-proof laminate flooring boasting a self-sealing tongue and groove profile, effortless installation, and a moisture-warding edge seal to shield against water-related damage. The value proposition stems from promising enduring durability and superior aesthetics that mimic natural materials while offering paramount protection from moisture, thereby promoting extended life-span.
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Which Geographic Regions Are Expected to Dominate the Flooring Contractors Market in the Coming Years?
Asia-Pacific was the largest region in the flooring contractors' market in 2024. The regions covered in the flooring contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Flooring Contractors Market?
2. What is the CAGR expected in the Flooring Contractors Market?
3. What Are the Key Innovations Transforming the Flooring Contractors Industry?
4. Which Region Is Leading the Flooring Contractors Market?
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