The Hardwood Flooring Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Hardwood Flooring Market?
The global hardwood flooring market has experienced substantial growth recently. The market size, which was $53.35 billion in 2024, is projected to increase to $56.32 billion in 2025. The compound annual growth rate (CAGR) during this period is expected to be 5.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Hardwood Flooring Industry?
The global hardwood flooring market is projected to increase to $74.5 billion by the year 2029, experiencing a compound annual growth rate (CAGR) of 7.2%.
Download Your Free Sample of the 2025 Hardwood Flooring Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Hardwood Flooring Market?
The key drivers in the hardwood flooring market are:
• Increasing trend of sustainable sourcing and certification
• Rise in the aging population
• Growing demand for customization and personalization
• Expansion of luxury and premium segments in emerging markets
Global Market Segmentation: Identifying Major Hardwood Flooring Industry Segments
The hardwood flooring market covered in this report is segmented –
1) By Product Type: Solid Wood, Engineered Wood
2) By Raw Material: Red Oak, White Oak, Maple, Other Raw Materials
3) By Design Outlook: Plank, Strip, Parquet, Other Designs
4) By Distribution Channel: Offline Stores, Online Stores
Pre-order the 2025 Hardwood Flooring Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Hardwood Flooring Market?
The key trends in the smart traffic camera market are:
• The introduction of engineered hardwood flooring is one emerging trend in the sector.
• The demand for exotic and unique species of wood is on the rise.
• The use of digital visualization tools in the flooring industry is becoming more prevalent.
• Matte and low-gloss finishes, along with herringbone and chevron patterns, are becoming increasingly popular.
Who Are the Top Competitors & Leading Players in the Hardwood Flooring Market?
Major companies in the hardwood flooring market are:
• AHF Products
• Armstrong Flooring Inc.
• Beaulieu International Group
• BerryAlloc NV
• Bruce Evans Flooring LLC
• Classen Group
• Egger Group
• Formica Corporation
• Harris Wood Ltd.
• Anderson Group of Companies Ltd.
• Boral Ltd.
• Brumark Enterprises Inc.
• Duchateau LLC
• Eco Timber Ltd.
• Flooring Innovations Inc.
• Gerflor SAS
• Goodfellow Inc.
• Hartco Inc.
• Mohawk Industries Inc.
• Mannington Mills Inc.
• Home Legend LLC
• Somerset Hardwood Flooring Inc.
• Provenza Floors Inc.
• Shaw Industries Group Inc.
• Pergo LLC
• Mullican Flooring
• Mirage Floors
• Lauzon Distinctive Hardwood Flooring Inc.
• Wickham Hardwood Flooring
• Mercier Wood Flooring
• IndusParquet Indústria de Pisos Ltda
Regional Dominance: Which Area Leads the Global Hardwood Flooring Market?
North America was the largest region in the hardwood flooring market in 2024
