Press release
Why Is the Wood Flooring Market Booming in Residential and Commercial Construction?
Wood Flooring Market
Wood Flooring Market size was valued at USD 55.92 Billion in 2023 and is poised to grow from USD 59.55 Billion in 2024 to USD 98.55 Billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).
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The availability of a wide range of flooring options poses a challenge to the growth of the wood flooring market. Moreover, the installation and maintenance of wood flooring require specific expertise and care. Improper installation, lack of proper maintenance, and exposure to moisture and humidity can lead to damage, warping, or discoloration of wood floors. This necessitates skilled labor and regular upkeep, which can be perceived as additional costs or efforts by consumers.
Market Segmentation:
Global Wood Flooring Market is segmented by Product, Application, Distribution and Region.
Based on Product, the market is segmented into Solid Wood, Engineered Wood, Laminated Wood.
Based on Application, the market is segmented into Residential, Commercial, Industrial.
Based on Distribution, the market is segmented into Home Centres, Specialty Stores, Online Retailers, Others.
Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Wood Flooring Market Key Players:
AHF Products (United States)
Kährs (Sweden)
Mannington Mills (United States)
Mohawk Industries (United States)
Shaw Industries Group (United States)
Barlinek SA (Poland)
Armstrong Flooring (United States)
Beaulieu International Group (Belgium)
Parquet Kronopol (Poland)
Berry Global Group (United States)
Tarkett (France)
UPM-Kymmene (Finland)
Pergo (Sweden)
Bauwerk Parkett AG (Switzerland)
Hagerty (United States)
Kahrs Group (Sweden)
Quick-Step (Belgium)
Balterio (Belgium)
Haro (Germany)
Lamett (Belgium)
Wood Flooring Market Regional Insights:
North America has a strong foothold in the wood flooring market due to the high demand for wood flooring products in residential and commercial applications. The region has a well-established construction industry and a significant number of existing homes and commercial spaces that require flooring upgrades or replacements. Additionally, the preference for natural and sustainable materials in North America contributes to the popularity of wood flooring. The region also benefits from a robust distribution network, advanced manufacturing capabilities, and a mature market infrastructure, all of which contribute to its dominant position in the wood flooring market.
Wood Flooring Key Market Trends:
Shift towards Wide Plank Flooring: Consumers are showing a growing preference for wide plank wood flooring. Wide planks offer a more spacious and contemporary look, enhancing the visual appeal of living spaces. This trend reflects a shift towards more open and modern interior designs.
Emphasis on Sustainable and Eco-Friendly Flooring: There is a rising demand for sustainable and eco-friendly wood flooring options. Consumers are increasingly conscious of environmental impact and seek products sourced from responsibly managed forests or made from reclaimed or recycled wood. Certification programs like Forest Stewardship Council (FSC) provide assurance of sustainable sourcing practices.
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Wood Flooring industry.
Related Reports:
https://insightdigits.exblog.jp/243720396/
https://vinitsawant.hatenablog.com/entry/2025/04/15/143847
Looking ahead, the Wood Flooring Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Wood Flooring Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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