Wood Flooring Global Market Report 2025

Wood flooring is made from timber, a natural material, and is widely favored for both residential and commercial spaces due to its aesthetic charm, durability, and versatility. It can be finished in various styles and installed using different methods, including nail-down, glue-down, or floating techniques. Wood flooring adds warmth, character, and a classic appearance to any environment.

The key products within the realm of wood flooring include solid wood, laminated wood, and engineered wood. Solid wood is a type of lumber directly derived from trees. These wood flooring products are made available through diverse distribution channels, including home centers, flagship stores, specialty stores, online platforms, and others. The end uses for wood flooring span both residential and commercial applications.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting strain on trade relations in spring 2025 are significantly impacting the Paper, Plastics, Rubber, Wood, and Textile sector by driving up the costs of essential imported inputs such as pulp, resin, synthetic rubber, lumber, and cotton, many of which have limited domestic alternatives. Packaging manufacturers, for instance, are facing higher prices for plastic films and corrugated materials, further squeezing margins in an already highly price-sensitive environment. Similarly, textile producers are grappling with increased costs for imported yarns and dyes, adding to the burden of rising labor expenses. In response, some companies are turning to recycled or biodegradable materials, while others are consolidating their supplier base to secure bulk discounts.

The wood flooring market research report is one of a series of new reports from The Business Research Company that provides wood flooring market statistics, including the wood flooring industry global market size, regional shares, competitors with wood flooring market share, detailed wood flooring market segments, market trends, and opportunities, and any further data you may need to thrive in the wood flooring industry. This wood flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The wood flooring market size has grown strongly in recent years. It will grow from $53.14 billion in 2024 to $55.94 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%.

The wood flooring market size is expected to see strong growth in the next few years. It will grow to $71.57 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising demand for customization, green building standards and certifications, health and wellness concerns, e-commerce and online retail, economic factors and construction industry. Major trends in the forecast period include preference for wide planks and unique textures, customization and personalization, popularity of reclaimed and vintage wood flooring, increased demand for engineered wood flooring, green labeling and consumer awareness.

The forecast of 6.4% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through elevated duties on engineered hardwood and laminate flooring materials imported from China, Brazil, and Vietnam, potentially raising housing and renovation costs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The growth of the wood flooring market is anticipated to be driven by rising disposable income. Disposable income is defined as the amount of money that individuals or households can spend or save after income taxes and mandatory deductions have been removed from their total income. This increase in disposable income is attributed to factors such as higher wages, reduced unemployment rates, and overall economic growth, all of which enhance people's financial ability to spend after taxes. With greater disposable income, consumers are more inclined to invest in quality home improvements and upgrades, placing a higher priority on aesthetics and durability in their living environments. For example, in June 2022, a report from the Bureau of Economic Analysis, a US government agency, indicated that personal income rose by $113.4 billion, or 0.5 percent, on a monthly basis in May 2022, with disposable personal income (DPI) increasing by $96.5 billion (0.5%). Thus, the rise in disposable income is a key factor driving the growth of the wood flooring market.

The expansion of the construction sector is projected to drive the growth of the wood flooring market in the future. The construction sector encompasses the industry that builds, repairs, and maintains infrastructure, including buildings, roads, bridges, and utility systems. Wood flooring is favored in this sector due to its versatility, aesthetic appeal, and the wide range of construction methods and styles available to meet various design and functional needs. For instance, in November 2023, a report from the Office for National Statistics, a UK government agency, indicated that the 0.4% rise in construction output for September 2023 equated to an additional $76 million compared to August 2023, with three out of nine sectors showing growth during that month. The primary contributors to this increase were private housing repair and maintenance, which grew by 3.0% ($96 million), and private commercial new work, which saw a rise of 3.6% ($84 million). Thus, the growing construction sector is a significant factor driving the expansion of the wood flooring market.

Technological innovations emerge as a prominent trend driving evolution within the wood flooring market. Market leaders are harnessing innovative technologies to introduce cutting-edge products, consolidating their positions. A notable instance is Bjelin d.o.o.'s introduction of the hardened wood 3.0 floor range in April 2023. This updated line incorporates enhanced colors, formats, and technologies, including the revolutionary 5G Dry technology developed by Bjelin's sister company, Valinge Innovation. This water-resistant floor locking system ensures swift, hassle-free installation with a durable, sealed joint. Moreover, the range employs the patented Woodura technology, a sustainable method that creates real wood floors three times stronger than traditional counterparts while utilizing the same lumber volume, resulting in tenfold higher output. These innovative advancements highlight the industry's commitment to leveraging technology for enhanced wood flooring solutions.

Leading companies in the wood flooring market are embracing innovative products to maintain their competitive edge. For example, in July 2024, AHF Products, a US-based flooring solutions manufacturer, introduced the Plank flooring solution. This product is classified as a hybrid resilient flooring, placing it within the larger wood flooring market. Ingenious Plank is designed as a PVC-free alternative to traditional SPC (stone plastic composite) flooring, focusing on durability and performance while catering to environmentally conscious consumers.

In a strategic move in May 2022, Bauwerk Group AG, a Switzerland-based parquet manufacturer, successfully acquired Somerset Hardwood Flooring, a US-based manufacturer of hardwood flooring products. This acquisition signifies a pivotal step for Bauwerk, intending to fortify its global footprint and bolster its market presence in the North American flooring sector. Through this merger, Bauwerk aims to leverage Somerset Hardwood Flooring's strengths to augment its offerings and solidify its position in the competitive North American market.

Major companies operating in the wood flooring market are Mohawk Industries Inc., Beaulieu International Group, Shaw Industries Group Inc., Mannington Mills Inc., Tarkett S.A., British Hardwoods Flooring, Kahrs Group, E.P. Co. Inc., Wickes Ltd., Home Legend LLC, Somerset Hardwood Flooring Inc., Provenza Floors Inc., Doma Flooring GmbH, East Teak Fine Hardwoods Inc., Frank A. Edmunds & Co. Inc., Greenlam Industries Ltd., AHF Products, UNILIN Group, CLASSEN Group, Pergo, Flooring Innovations, EGGER Group, HomerWood Laminate Flooring, Barlinek SA, Brumark Corporation, Goodfellow Inc., Bruce Evans Flooring LLC

Asia-Pacific was the largest region in the wood flooring market in 2024. The regions covered in the wood flooring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the wood flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The wood flooring market consists of sales of composite wooden flooring, parquet flooring, bamboo flooring, and cork flooring. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Wood Flooring Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on wood flooring market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for wood flooring ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The wood flooring market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Product: Solid Wood; Laminated Wood; Engineered Wood
• 2) By Distribution Channels: Home Centers; Flagship Stores; Specialty Stores; Online; Other Distribution Channels
• 3) By End Use: Residential; Commercial
• Subsegments:
• 1) By Solid Wood: Oak; Maple; Cherry; Walnut; Ash; Birch; Other Species
• 2) By Laminated Wood: High-Pressure Laminate (HPL); Direct Pressure Laminate (DPL); Wood Grain Laminate; Commercial Laminate
• 3) By Engineered Wood: Multi-Layer Engineered Wood; Single-Strip Engineered Wood; Parquet Engineered Wood; Prefinished Engineered Wood; Unfinished Engineered Wood
• Companies Mentioned: Mohawk Industries Inc.; Beaulieu International Group; Shaw Industries Group Inc.; Mannington Mills Inc.; Tarkett S.A.; British Hardwoods Flooring; Kahrs Group; E.P. Co. Inc.; Wickes Ltd.; Home Legend LLC; Somerset Hardwood Flooring Inc.; Provenza Floors Inc.; Doma Flooring GmbH; East Teak Fine Hardwoods Inc.; Frank A. Edmunds & Co. Inc.; Greenlam Industries Ltd.; AHF Products; UNILIN Group; CLASSEN Group; Pergo; Flooring Innovations; EGGER Group; HomerWood Laminate Flooring; Barlinek SA; Brumark Corporation; Goodfellow Inc.; Bruce Evans Flooring LLC
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.