North America $ 5.2 Billion Wood Flooring Markets Through 2027 – Growing demand for aesthetically superior and durable flooring solutions

DUBLIN, April 7, 2021 / PRNewswire / – The report “Hardwood Flooring Market Size, Share and Trends in North America, by Product (Solid Wood, Engineered Wood), Wood Species, Application, End Use and Segment Forecasts, 2020-2027” has been added to ResearchAndMarkets.com’s offering.

The North America The wood flooring market size is expected to be reached $ 5.2 billion by 2027 with an annual growth rate of 1.5% from 2020 to 2027.

Rising expenses for the renovation and conversion of old residential structures should drive the market in the forecast period.

The increasing demand for aesthetically superior and durable flooring solutions as well as consumer trends in flooring design have been critical to the growth of the market in recent years. The expansion of office and work spaces, the improvement in consumer lifestyle, and rapid urbanization are factors that have also contributed to the market growth.

The significant and continuous growth of high-end residential buildings and the subsequent and growing preference for single-family homes are driving the demand for hardwood floors in the United States North America Region. In addition, the emergence of wood-based materials has significantly reduced the cost of wooden floors and thus significantly increased product acceptance.

The increasing role of e-commerce portals in trying to ensure the delivery of finished goods to buyers due to benefits such as discounts and on-time delivery of products to buyers may encourage the purchase of wood floors through online retailers such as WeShipFloors, Fantastic Flooring, and Wooden floors online.

Highlights of the North America Wood Flooring Market Report

• in the CanadaDue to the growing demand for simple, low-key flooring and the availability of maple logs domestically, the maple segment is expected to expand at a revenue-dependent CAGR of 1.1% over the forecast period
• In 2019, the commercial application segment in the North America Region was rated at USD 1,013.0 million due to the widespread adoption of hardwood floors in institutional buildings, offices, libraries, basketball courts and auditoriums
• in the Mexicois expected to reach the wood-based materials segment USD 333.3 million by 2027 due to the growing demand for aesthetically pleasing and durable buildings and inexpensive decoration products in the country
• In the US, the solid wood segment is expected to expand at a revenue-based CAGR of 1.1% over the forecast period due to growing investments in the renovation and reconstruction of old residential and cultural heritage buildings in the country
• Manufacturers are constantly striving to expand their product portfolio, accompanied by installation services and training programs for installation staff and customer service for customers.

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Summary

Chapter 3. Market Variables, Trends and Scope
3.1. Mapping of penetration and growth prospects
3.2. Analysis of the industry’s value chain
3.3. Commodity trends
3.3.1. Wood
3.4. Legal framework
3.5. Wood Flooring Market Dynamics in North America
3.5.1. Market driver analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry challenges
3.6. Enterprise Environmental Tools Analysis: Wood Flooring Market in North America
3.6.1. Porter’s Five Forces Analysis
3.6.2. PESTLE analysis

Chapter 4. North America Wood Flooring Market: Product Estimates and Trend Analysis
4.1. Wood Flooring Market in North America: Product Movement Analysis, 2019-2027
4.2. Solid wood
4.3. Wood from wood

Chapter 5. North America Hardwood Flooring Market: Wood Species Estimates and Trend Analysis
5.1. Wood Flooring Market in North America: Wood Movement Movement Analysis, 2019-2027
5.2. Red oak
5.3. white oak
5.4. Maple wood
5.5. Other

Chapter 6. North America Wood Flooring Market: Application Estimates and Trend Analysis
6.1. Wood Flooring Market in North America: Application Movement Analysis, 2019-2027
6.2. Residential
6.3. Commercially

Chapter 7. North America Wood Flooring Market: End Use Estimates and Trend Analysis
7.1. Wood Flooring Market in North America: Motion Analysis for End Use, 2019 and 2027
7.2. New building
7.3. replacement

Chapter 8. North America Wood Flooring Market: Country Estimates and Trend Analysis
8.1. Hardwood Flooring Market in North America: Country Movement Analysis

Chapter 9. Competitive Landscape
9.1. Analysis of the market share of the most important companies
9.2. Supplier landscape
9.3. Competitive environment
9.4. Market positioning of the company
9.5. Strategy framework

Chapter 10. Company Profiles

• Armstrong Flooring, Inc.
• Mohawk Industries, Inc.
• Shaw Industries Group, Inc.
• Mannington Mills, Inc.
• Pergo
• Flooring Innovations, Inc.
• Bruce Evans Flooring, LLC
• QEP Co., Inc.
• EGGER Group
• Millstead hardwood floors
• Goodfellow, Inc.
• Home Legend, LLC
• DuChateau
• Provenza Floors, Inc.
• Somerset Hardwood Flooring Inc.

Please visit https://www.researchandmarkets.com/r/6gimip for more information on this report

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