Abstract
Increasing demand from both the residential and non-residential construction
market has resulted in growth for the wood flooring market. The increased
demand comes from various factors, including greater disposable incomes and
more spending ability thanks to rising home values and the resulting rise in
homeowner equity.. As a result, the U.S. wood flooring market stood at $2.1
billion in 2005, up 2% over the previous year.
A decline in the popularity of more standard wood types such as oak is giving
way to the increased popularity of other less traditional woods such as maple,
cherry, and pecan. Other trends influencing the market included an increase in
demand for rustic, wider planks, exotic woods, distressed wood floors, and
even less conventional bamboo flooring.
Wood Flooring in the U.S., a new report from Specialists in Business
Information, provides an in-depth analysis of the market for wood flooring in
the U.S. and includes market projections for 2006 through 2010. It also
provides insights into the demographic profiles of consumers who installed
wood flooring, the marketing initiatives undertaken by leading wood floor
marketers, and factors and trends that will fuel future growth.
Scope and Methodology
This report data was obtained from government sources, trade associations,
publications, business journals, company literature, and investment reports.
The report covers the needs of the commercial roofing sector and also contains
detailed demographic profiles of residential consumers in terms of roofing
products, based on data provided by Simmons Market Research Bureau (SMRB), New
York. The data was This report data was obtained from government sources,
trade associations, publications, business journals, company literature, and
investment reports. The report covers the needs of the commercial and
residential wood flooring sector, and also contains detailed demographic
profiles of residential consumers in terms of wood flooring products, based on
the data provided by Simmons Market Research Bureau (SMRB), New York. The data
was pulled from SMRB' s National Consumer Survey (NCS) Fall 2005.
Shipment statistics are derived from the U.S. Census of Manufacturers and the
Annual Survey of Manufacturers, and is estimated and forecasted by SBI. Import
and export data by major country of origin is derived from the U.S. Department
of Commerce and the U.S. International Trade Commission. Historical data are
provided for 2001 through 2005 (all 2005 shipments are estimates), with
forecast data from 2006 to 2010.
Market size of wood flooring (market supply) is defined as the amount of wood
flooring products supplied to the total U.S. marketplace, in a particular
period. Therefore, market size is determined by supply rather than demand. The
U.S. wood floor market supply was calculated from the Department of Commerce
statistics by collecting data from domestic plant shipments, adding imports,
and extracting exports. As such, the formula for determining the market size
will be: Production in U.S. + Balance of trade i.e. Shipments + (imports -
exports).
Also note that the values are in net selling values, i.e., free on board
(f.o.b.) from the manufacturing plant, and not the retail/wholesale price sold
to the end consumer.
What You' ll Get in this Report
Wood Flooring in the U.S. makes important predictions and recommendations
regarding the future of this market, and pinpoints ways current and
prospective marketers can capitalize on current trends and spearhead new ones.
No other market research report provides both the comprehensive analysis and
extensive data that Wood Flooring in the U.S. offers.
The report addresses the following segments:
- The Market (including market size and composition, and projected market
growth)
- Competitive Profiles (of the mainstream marketers, specialists and
up-and-coming niche players, and analyses of the products they market)
- End-Users
- The Products
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