
Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The global wood flooring market has reached a value of more than USD 87.70 Billion in 2024. The market is expected to grow at a CAGR of 5.70% between 2025 and 2034, likely to reach a value of USD 152.67 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.7%
Value in USD Billion
2025-2034
Wood Flooring Market Outlook
*this image is indicative*
Global Wood Flooring Market Report Summary | Description | Value |
Base Year | USD Billion | 2024 |
Historical Period | USD Billion | 2018-2024 |
Forecast Period | USD Billion | 2025-2034 |
Market Size 2024 | USD Billion | 87.70 |
Market Size 2034 | USD Billion | 152.67 |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 5.70% |
CAGR 2025-2034 - Market by Region | Asia Pacific | 7.4% |
CAGR 2025-2034 - Market by Country | China | 7.1% |
CAGR 2025-2034 - Market by Country | Saudi Arabia | 6.5% |
CAGR 2025-2034 - Market by Product | Engineered Wood | 6.4% |
CAGR 2025-2034 - Market by End Use | Commercial | 6.3% |
Market Share by Country 2024 | Mexico | 1.7% |
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Wooden flooring is the utilisation of timber to manufacture a product that is used for flooring structurally or aesthetically. The wood used for flooring can be solid, engineered, or composite. Wood has been used for flooring for age owing to its versatility in function and design.
Flooring is one of the largest interior areas and wood is widely utilised for flooring due to functionality and aesthetics. Wooden floorings are less prone to damage and are easier to maintain in comparison to tiles, which has significantly enhanced the demand of wooden flooring market. With the rapid expansion of the global population, the demand for eco-friendly interior designing has significantly risen as this is part that is in contact with the human body for the longest time. Wooden flooring checks all the requirements, by being scratch-resistant and easy to maintain.
Increasing Efforts to Develop Superior Products to Offer Lucrative Opportunities for Growth
Market players are focusing on technological developments to develop and provide products with increased lifespan, impact, and moisture resistance, while providing aesthetics to the flooring of the house and aiding the growth of the wood flooring market.
Low Moisture and Impact Resistance can Hinder the Market Growth
Floorings are constantly challenged by moisture, spillage of liquids, scratches, and impact from objects in the house. The wooden floors are less resilient to impact and moisture compared to ceramic tiles. This can prove to be a major setback for the wooden flooring market.
As per the wood flooring market dynamics and trends, Karta, a provider of sustainable wood flooring, announced the launch of 18 new natural and toxin-free wood floors in July 2024. Its new recycled leather series is made up of biodegradable wood composed of 100% PEFC-certified natural fibres.
According to the wood flooring industry analysis, the hardwood flooring sector in the US employs around 45,000 people and contributes around USD 4 billion to the GDP of the country as per the Economic Impact Study commissioned by the Hardwood Federation. The USA was the largest importer of wood flooring products in 2020, whereas the APAC region was the region with the highest growth rate.
As per the Floor Covering News research, hardwood flooring revenues fell 9.8% in 2022 compared to its significant growth in 2021. The total flooring sales for hardwood were down by 10% in 2022 compared to 2021. Hardwood flooring also accounted for 4.7% of square footage sales at the first point of distribution in 2022, whereas in 2021 these sales were 5.1%, which contributed to the growth of the wood flooring industry.
Market players are readily launching high-end and innovative wood flooring to enhance their market reach. For instance, Zena Forest Products announced a new wood flooring line in May 2024. This wood flooring line uses technology that originated in Europe and is now spreading in the US, which can boost the wood flooring industry revenue.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The EMR’s report titled “Wood Flooring Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by End Use
Market Breakup by Distribution Channels
Market Breakup by Region
The bifurcations for the market, based on product, includes solid wood and engineered wood. The solid wood segment holds a major share of the market owing to better durability and longer lifespan. Solid woods are carved out of a single piece of timber and the elegant rustic aesthetic is a major reason for its high demand in the wood flooring market.
Engineered wood is rapidly growing in demand due to technological advancements in manufacturing wood which has enabled companies to enhance the wood quality and strength.
Based on end-use, the market segments include residential and commercial. The residential sector holds the largest market share due to its properties of impact and scratch resistance. Technological advancements to manufacture heating-compatible woods have also propelled the wood flooring market development.
The commercial segment is expected to grow rapidly due to the development of the tourism and hospitality industry in countries such as India, Philippines, Indonesia, and Brazil, among others. The increased application of wooden flooring and interior designing in commercial buildings. This market segment is also expected to grow during the forecast period attributed to the utilisation of wooden flooring solutions for indoor sports facilities and complexes.
CAGR 2025-2034 - Market by | Country |
China | 7.1% |
Saudi Arabia | 6.5% |
Australia | 5.0% |
Japan | 4.4% |
Germany | 4.2% |
USA | XX% |
Canada | XX% |
UK | XX% |
France | XX% |
Italy | 3.6% |
India | XX% |
Brazil | XX% |
Mexico | XX% |
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global wood flooring market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
AHF, LLC. is an American company in wood flooring industry, founded in 2004, engaged in hardwood craftsmanship, wood flooring, product development, manufacturing, and service. Their wood flooring brands include Bruce, Hartco, and Homerwood. They also provide commercial flooring services under Armstrong Flooring, Parterre, and AHF Contract brands. The company operates a total of 9 manufacturing facilities with eight facilities in the United States and one in Cambodia.
Kährs Group is a global manufacturer and distributor of sustainable and durable flooring solutions. It is a European company with its headquarters located in Sweden, which was founded in 1857. Their products include hardwood flooring, vinyl floors, and resilient flooring, with brands named Kährs and Upofloor.
Mohawk Industries, Inc. is one of the world’s largest flooring companies based in Georgia, United States and was founded in 1988. They provide flooring products for residential and commercial applications. Their offer a wide range of flooring products including ceramic tile, residential carpet, commercial carpet, rugs, laminate flooring, luxury vinyl tile, sheet vinyl, wood flooring, and countertops.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players include Barlinek S.A., Mannington Mills, Inc., and Shaw Industries, Inc., among others.
The Asia Pacific accounts for a major market share owing to the high usage of wood in the construction of building floors in China. Furthermore, wood-based floors are popular in Japan, which makes drives their regional demand.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2024, the global market for wood flooring reached a size of USD 87.70 Billion.
The market is expected to grow at a CAGR of 5.70% during the period 2025-2034.
The market is expected to reach a value of USD 152.67 Billion.
The market is driven by the increasing demand for eco-friendly interior design in residential facilities and utilisation in commercial buildings.
The technological developments for flooring aesthetics and stronger flooring solutions and the rising adoption of engineered wood for various interior designing are the key trends in the market.
The regional markets for the global market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The different products in the wood flooring market include solid wood and engineered wood.
Wood flooring find end-uses in residential and commercial sectors.
The distribution channels available in the market include home centres, flagship stores, speciality stores, and online, among others.
The key players in the market include Barlinek S.A., AHF, LLC., Kahrs Group, Mohawk Industries, Inc., Mannington Mills, Inc., and Shaw Industries, Inc., among others.
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.