GITNUX MARKETDATA REPORT 2024

Flooring Box Quantity Calculation Statistics

A calculation of the anticipated quantity of flooring boxes needed based on statistical analysis of historical data and predicted demand.

In this post, we explore key statistics and insights related to the global flooring market, including market size, regional trends, and industry specifics. From the estimated market value in 2019 to the dominance of certain flooring types, we analyze data that sheds light on the nuances of this lucrative industry.

Statistic 1

"The global flooring market size was estimated at USD 369.26 billion in 2019, growing at a CAGR of 5.9% from 2020 to 2027."

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Statistic 2

"In 2019, the residential application segment accounted for over 50% share of the total revenue in flooring market."

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Statistic 3

"Asia Pacific was the largest regional market for flooring, accounting for more than 47% of the global market revenue share in 2019."

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Statistic 4

"The U.S. flooring industry was valued at around $22 billion in 2019."

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Statistic 5

"The revenue of floor coverings (excluding ceramic and stone tiles) in the U.S. amounts to $21,312.3 million in 2021."

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Statistic 6

"The average consumption per capita in the floor coverings market in the United States is expected to amount to $65.78 in 2021."

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Statistic 7

"An average box of laminate flooring ranges from 17 to 30 square feet."

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Statistic 8

"Hardwood flooring costs roughly $4 to $8 per square foot for standard materials, excluding installation."

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Statistic 9

"The largest type of flooring in the US market is carpet, commanding a 39.6% share."

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Statistic 10

"The wood flooring manufacturing industry in the U.S. has grown by 1.9% to reach revenue of $1 billion in 2019."

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The global flooring market experienced significant growth in recent years, with the residential segment leading the way in revenue contribution. Asia Pacific emerged as a key player in the market, contributing a substantial portion of the total market revenue. The United States also showcased a strong presence in the industry, particularly in hardwood and carpet flooring. With the average consumption per capita expected to increase in the U.S. in 2021, the flooring market continues to offer promising opportunities for growth and innovation.

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