U.S. Flooring Market 2030: The Rise of Sustainable Flooring Solutions
U.S. Flooring Market Overview The U.S. flooring market was valued at USD 20.56 billion in 2022 and is anticipated to grow to USD 27.66 billion by 2030, reflecting a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. Market growth is being driven by increasing demand for flooring solutions that combine durability with aesthetic appeal, such as ceramic tiles, wood, and carpets that also provide insulation benefits. In addition, growing investment in the renovation and remodeling of older homes is playing a pivotal role in market expansion. Consumer preferences are shifting toward modern, energy-efficient buildings with enhanced aesthetics and integrated technologies, supporting the rise in demand for wood, ceramic, and carpet flooring in residential spaces. The growing adoption of green buildings, fueled by awareness of energy efficiency and indoor air quality, is encouraging sustainable construction practices. This trend is particularly beneficial for wood flooring, which ...