Select Page

» return to FLOOR COVERINGS 

Wood & Laminate Flooring

$1,295.00 – $3,995.00

Publisher: Catalina Research Inc.
Report Number: FC 114
Published: July 2022
Pages: 35 Pages Executive Summary, 73 Data Tables

WOOD AND LAMINATE FLOORING MARKET TRENDS FC114:

Released July 2022

Catalina Research announces the release of the Catalina Report on Wood and Laminate Flooring.  This fact-filled report provides action-oriented executives with up-to-date information on engineered and solid hardwood flooring, and laminate flooring.  Each summary and data table will assist the wood and laminate flooring executive exploit growing product lines, improve plant efficiency, strengthen distribution, penetrate end-use markets, gain market share, and plan for 2022 and beyond.

Catalina Reports contain the timely data that allows users to evaluate market size, growth potential, end-use markets, distribution channels, profitability, market share, and the competitive environment.  So turn to a Catalina Report when developing strategies to take advantage of opportunities in residential and non-residential wood and laminate flooring markets, retail distribution channels, and foreign markets.

The table of contents shows the significant data and information included in this report. Each section is summarized to clearly point to the pertinent industry trends.  Look it over, fill out the order form, and receive your Catalina Report promptly.  You will find it a valuable planning tool.

CONTENT MATTER

U.S. WOOD AND LAMINATE FLOORING INDUSTRY TRENDS (1997- 2027)

  • Solid versus engineered wood flooring
  • Laminate flooring market sales
  • Price trends
  • Share of total flooring and hard surface flooring sales

SOURCE OF U.S. SUPPLY- WOOD FLOORING (1997-2022)

  • U.S. shipments and imports
  • Engineered versus solid wood flooring
  • Imports’ share of U.S. sales
  • Imports by major country of origin
  • Share of sales by sourcing country
  • Import transportation costs and tariffs

SOURCE OF U.S. SUPPLY- LAMINATE FLOORING (1997-2022)

  • U.S. shipments and imports
  • Imports’ share of U.S. sales
  • Imports by major country of origin
  • Share of sales by sourcing country
  • Import transportation costs and tariffs

U.S. WOOD AND LAMINATE FLOORING END-USE MARKETS (1997-2022)

  • Sales by end-use market:
  • New residential construction
  • Residential remodeling & replacement
  • Factory-built housing
  • New non-residential construction
  • Commercial contract
  • Transportation equipment
  • Builder wood and laminate flooring purchases per new housing unit

U.S. WOOD AND LAMINATE FLOORING DISTRIBUTION CHANNELS (2002-2022)

  • Retail sales by floor coverings stores, home centers, and others
  • Share of retail sales for Home Depot, Lowe’s, Lumber Liquidators, Floor & Decor
  • Distributor wood flooring sales
  • Wood flooring distributor business by species, product, and finish sold
  • Wood flooring contractor revenues by species, product, and finish sold

FACTORS AFFECTING U.S. DEMAND AND DISTRIBUTION (1997-2022)

  • Building construction spending
  • Spending by building type
  • Housing completions and re-sales
  • Housing starts, permits, and factory-built housing
  • Square footage of new housing built
  • Building material retail sales
  • Residential improvement construction
  • Mortgage rates and personal income

U.S. PLANT PROFITABILITY AND THE COMPETITIVE ENVIRONMENT (1997-2022)

  • Wood flooring plant:
  • Number of plants and revenues
  • Payroll and material costs
  • Plant profit margins
  • Capital expenditures
  • Hardwood lumber versus hardwood flooring price trends
  • Share of U.S. wood and laminate flooring sales for the top competitors

WORLD MARKETS AND U.S. EXPORTS (1997-2022)

  • World wood flooring shipments
  • World laminate flooring shipments
  • World wood flooring shipments by area
  • European laminate flooring shipments by market area
  • U.S. wood flooring exports
  • Exports for solid and engineered wood flooring
  • Exports by leading countries of destination

EXECUTIVE SUMMARY CONTENTS

Executive Summary and Outlook

Market Size and Growth
Source of Supply and Tariffs
Water-resistant and Waterproof Products Drive Growth
End-Use Markets
Retail Distribution Channels
Competitive Environment
Outlook

U.S. Wood And Laminate Flooring Market Trends (Section 1)

Sales Trends and Share of U.S. Floor Coverings Market
Wood Flooring Market Shifting to Engineered Products
Water-Resistant Products Improve Competitive Position
Future Growth Trends

U.S. Source Of Supply – Wood Flooring (Section 2)

Wood Flooring Sourcing by Country of Origin
U.S. Wood Flooring Shipments
U.S. Wood Flooring Imports and Tariff Charges
Solid Wood Flooring Sourcing
Engineered Wood Flooring Sourcing

U.S. Source Of Supply – Laminate Flooring (Section 3)

Laminate Flooring Sourcing by Country of Origin
U.S. Laminate Flooring Imports
U.S. Laminate Flooring Shipments

Wood And Laminate Flooring End-Use Markets (Sections 4 And 6)

End-Use Market Trends
Builder Market Trends
Residential Replacement Sales
Commercial Market Trends

Distribution Channels (Section 5)

Wood and Laminate Flooring Retail Sales and Channels
Home Center Channel – Home Depot and Lowe’s Shares
Hard Surface Flooring Chains – Lumber Liquidators and Floor & Decor Shares
Wood Flooring Distributor Sales Trends
Wood Flooring Distributor Sales by Species, Products, and Finishes
Wood Flooring Installation Revenue Trends
Wood Flooring Contractor Revenues by Species, Product and Finish

Profitability And The Competitive Environment (Section 7)

U.S. Wood Flooring Competitive Environment
U.S. Wood Flooring Plant Profitability
U.S. Laminate Flooring Competitive Environment

World Markets And U.S. Exports (Section 8)

World Wood and Laminate Flooring Shipments by World Area
U.S. Share of World Consumption
U.S. Wood Flooring Exports 

SECTION TABLES AND DATA ANALYSIS

Section 1: U.S. Wood and Laminate Flooring Market Trends, 1997 to 2027

Table 1-1: U.S. Dollar and Square Foot Wood Flooring Sales
Table 1-2: Solid Versus Engineered Wood Flooring Sales
Table 1-3: Solid and Engineered Products Percent Total Wood Flooring Sales
Table 1-4: U.S. Dollar and Square Foot Laminate Flooring Sales
Table 1-5: Wood and Laminate Flooring Percent Total U.S. Floor Coverings and Hard Surface Floor Covering Sales

Section 2: U.S Source of Supply-Wood Flooring, 1997-2022

Table 2-1: U.S. Wood Flooring Factory Shipments
Table 2-2: U.S. Wood Flooring Imports
Table 2-3: Import’s Share of Total U.S. Wood Flooring Sales
Table 2-4: Value of U.S. Wood Flooring Imports by Major Country of Origin
Table 2-5: Percent U.S. Wood Flooring Supply for the Top Seven Countries of Origin
Table 2-6: U.S. Solid Wood Flooring Factory Shipments
Table 2-7: U.S. Solid Wood Flooring Imports
Table 2-8: Imports’ Share of U.S. Solid Wood Flooring Sales
Table 2-9: Percent of Solid Wood Flooring Imports by Type of Cost
Table 2-10: Value of U.S. Solid Wood Flooring Imports by Major Country of Origin
Table 2-11: Quantity U.S. Solid Wood Flooring Imports by Major Country of Origin
Table 2-12: Average Value Per Square Foot of Imported Solid Wood Flooring by Major Country of Origin
Table 2-13: U.S. Engineered Wood Flooring Factory Shipments
Table 2-14: U.S. Engineered Wood Flooring Imports
Table 2-15: Imports’ Share of U.S. Engineered Wood Flooring Sales
Table 2-16: Percent of Engineered Wood Flooring Imports by Type of Cost
Table 2-17: Value of U.S. Engineered Wood Flooring Imports by Major Country of Origin
Table 2-18: Quantity U.S. Engineered Wood Flooring Imports by Major Country of Origin
Table 2-19: Average Value Per Square Foot of Imported Engineered Wood Flooring

Section 3: U.S. Source of Supply-Laminate Flooring, 1997-2022

Table 3-1: U.S. Laminate Flooring Factory Shipments
Table 3-2: U.S. Laminate Flooring Imports
Table 3-3: Import’s Share of Total U.S. Laminate Flooring Sales
Table 3-4: Percent of Laminate Flooring Imports by Type of Cost
Table 3-5: Value of U.S. Laminate Flooring Imports by Major Country of Origin
Table 3-6: Quantity U.S. Laminate Flooring Imports by Major Country of Origin
Table 3-7: Average Value Per Square Foot of Imported Laminate Flooring by Major Country of Origin
Table 3-8: Percent U.S. Laminate Flooring Supply for the Top Eight Countries of Origin

Section 4: U.S. End-Use Market Purchases, 1997-2022

Table 4-1: Wood Flooring Purchases by End-Use Market
Table 4-2: Percent Total Wood Flooring Purchases by End-Use Market
Table 4-3: Laminate Flooring Purchases by End-Use Market
Table 4-4: Percent Total Laminate Flooring Purchases by End-Use Market
Table 4-5: Builder Purchases Per Housing Unit Completed

Section 5: U.S. Distribution Channels, 2002-2022

Table 5-1: U.S. Wood Flooring Retail Sales by Channel
Table 5-2: Percent Total Wood Flooring Retail Sales by Channel
Table 5-3: U.S. Laminate Flooring Retail Sales by Channel
Table 5-4: Percent Total Laminate Flooring Retail Sales by Channel
Table 5-5: Average Wood and Laminate Flooring Sales Per Outlet Carrying Wood and Laminate Flooring by Channel
Table 5-6: Share of Retail Sales by Leading Retailers and Specialty Floor Coverings Stores
Table 5-7: Wood Flooring Sales for Lumber Liquidators and Floor & Decor
Table 5-8: U.S. Wood Flooring Distributor Sales
Table 5-9: Share of Distributor Sales by Type of Species, Product, and Finish
Table 5-10: U.S. Wood Flooring Contractor Revenues
Table 5-11: Share of Contractor Revenues by Type of Species, Product, and Finish

Section 6: Factors Driving Demand, 1997-2022

Table 6-1: U.S. Building Construction Spending
Table 6-2: U.S. Housing Construction Trends
Table 6-3: Square Feet of New U.S. Housing Constructed
Table 6-4: U.S. Existing Home Sales
Table 6-5: Other Factors Driving Residential Demand
Table 6-6: U.S. Nonresidential Building Construction Spending by Building Type

Section 7: U.S. Plant Profitability and Market Competition, 1997-2022

Table 7-1: Number and Revenues of U.S. Wood Flooring Plants
Table 7-2: U.S. Wood Flooring Plant Operating Ratios and Profit Margins
Table 7-3: Producer Price Index for Hardwood Flooring and Lumber
Table 7-4: U.S. Wood Flooring Plant Capital Expenditures
Table 7-5: Share of U.S. Wood Flooring Supply for the Leading Manufacturers and Marketers
Table 7-6: Share of U.S. Laminate Flooring Supply for the Leading Manufacturers and Marketers

Section 8: World Wood and Laminate Flooring Shipments and U.S. Wood Flooring Exports, 1997-2022

Table 8-1: World Wood Flooring Shipments and by World Area
Table 8-2: Percent Total World Wood Flooring Shipments by World Area
Table 8-3: World Laminate Flooring Shipments and by World Area
Table 8-4: Percent Total World Laminate Flooring Shipments by World Area
Table 8-5: U.S. Share of Total World Consumption of Wood and Laminate Flooring
Table 8-6: European Manufacturer Laminate Flooring Factory Shipments by Market Sold
Table 8-7: U.S. Wood Flooring Exports
Table 8-8: Export’s Share of U.S. Shipments
Table 8-9: U.S. Solid Wood Flooring Exports
Table 8-10: U.S. Engineered Wood Flooring Exports
Table 8-11: Value of U.S. Wood Flooring Exports for the Top Six Countries of Destination

ABSTRACT FOR THE CATALINA REPORT ON WOOD AND LAMINATE FLOORING

SUMMARY OF MAJOR FINDINGS

The U.S. wood and laminate flooring market benefited from the pandemic-recovery surge in housing demand. Sales also received a boost from non-movers’ strong spending on remodeling projects. Manufacturers and marketers were able to take advantage of these trends since wood flooring has the highest dependence on the builder market in the U.S. floor coverings industry, while laminate flooring has the highest reliance on the residential replacement market. Wood flooring sales also benefited from sharp price increases as manufacturers passed through rising material, labor, and transportation costs. At the same time, producers introduced more water- and wear-resistant flooring to satisfy consumer’s increased preference for hard surface flooring, and better compete with rigid core luxury vinyl tile. As a result, wood and laminate flooring is increasing their share of total U.S. floor coverings dollar sales during 2022. Supply chain issues could have held back some share increase. Meanwhile, sourcing is shifting to other Asian producers as Chinese manufacturers lose position in the U.S. market. However, Catalina forecasts a more challenging market environment in 2023 as interest rates increase sharply and housing demand declines. As a result, manufacturers and marketers should increase their reliance on the residential replacement and commercial markets

WOOD AND LAMINATE FLOORING MARKET TRENDS

Catalina Research uncovered these trends in our annual report on the U.S. wood and laminate flooring market. The report covers U.S. sales in dollars and square feet. Catalina has calculated wood and laminate flooring’s position in the U.S. floor coverings and hard surface flooring industries. Catalina also conducted a comparative analysis of wood and laminate flooring prices. Wood flooring market data is segmented for solid and engineered product lines. The report consists of 35 pages of summaries and 73 data tables.

SOURCE OF SUPPLY- WOOD AND LAMINATE FLOORING

Separate sections evaluate U.S. shipments and imports.  Import shipments are tracked by country of origin.  As part of our analysis, Catalina calculated U.S. sales by country of origin. There is also pricing trends by country of origin, as well as insurance, freight, and tariff costs of importers. A similar analysis is conducted for solid versus engineered wood flooring. In addition, Catalina reviewed the product strategies of the major competitors including the introduction of water-resistant products.

END-USE MARKETS AND FACTORS AFFECTING DEMAND

Wood and laminate flooring sales are provided for residential and non-residential markets and for new construction and remodeling markets. End-use market trends are correlated with U.S. housing demand, new home construction, homeowner improvement construction spending, non-residential construction spending, mortgage interest rates, and other economic indicators to uncover the factors driving demand and provide insights into the direction of domestic sales in 2022 and beyond.

DISTRIBUTION CHANNELS

Wood and laminate flooring sales are analyzed by type of retail outlet. The specialty floor covering store, home center, and hard surface flooring retailers are evaluated to indicate the shift in channels. The market shares of the leading retailers are evaluated. In addition, the wood flooring distributor and contractor businesses are analyzed by type of species, finished and unfinished products, and by type of finish.

WORLDS MARKETS AND U.S. WOOD FLOORING EXPORTS

Catalina analyzed world output for wood and laminate flooring and by major producing area. Catalina also evaluated the U.S. share of global demand. U.S. wood flooring exports are analyzed for solid and engineered products and by major country of destination.

COMPETITIVE ENVIRONMENT AND WOOD FLOORING PLANT PROFIT MARGINS

In addition, Catalina Research examined the cost structure and profitability of U.S. wood flooring plants.  Data trends are compiled for material, labor, and capital inputs. Catalina supplemented industry data with sales of leading suppliers. Catalina used this data to calculate leading supplier market shares. A similar market share analysis was conducted for the laminate flooring sector. Catalina reviewed company products, manufacturing and distribution, capital investments, and acquisitions to uncover competitive strategies.  Executives are urged to review the growth- and profit-oriented strategies of leading wood and laminate flooring manufacturers and compare their company’s own performance to the industry averages.

Date: July 2022  Report Number: FC114  Price: $3,995.00

To order or receive more information about this report, contact our Sales Department @ (561) 988-0853 or e-mail: sales@CatalinaReports.com.