Wood Flooring Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 6/10/2024
SIC Codes: 2426
NAICS Codes: 321918
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Wood Flooring Manufacturing Industry Profile

Companies in this industry make wood flooring products. Major companies include Armstrong Flooring, Floor Covering International, Mohawk Industries, and Shaw Industries (all based in the US), along with Anxin Floors (Shanghai), Goodfellow (Canada), and Tarkett (France).

The global market for wood flooring is expected to rise to about $42 billion by 2027, according to Fortune Business Insights. Leading countries for wood flooring manufacture include Canada, China, and the US.

The US wood flooring manufacturing industry includes about 1,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $7 billion.


Demand for wood flooring is closely tied to residential construction and remodeling activity. The profitability of individual companies depends on efficient operations. Large companies have economies of scale in purchasing machinery and raw materials. Small companies can compete effectively by specializing. The industry is concentrated: the top 50 companies account for about 60% of revenue.

Competition for the industry comes from manufacturers of alternative flooring products such as carpet, vinyl, and ceramic tile.


Wood flooring is milled from hardwoods, principally oak but also maple, ash, beech, birch, pecan, walnut, hickory, and others. Oak is popular due to its hardness, low cost, appearance, and wide availability. Wood flooring comes in three main shapes: strips, planks, and parquet. Strips typically range in thickness from 3/8 inch to 3/4 inch; in width from 1 1/2 to 3 1/2 inches; and in ...

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