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Stats 2023: Hardwood flooring cedes share

Floor Covering News

hardwood flooring category took a big step back in 2022. Floor Covering News research shows hardwood flooring revenues fell 9.8% As a result of the diminished sales activity in 2022, hardwood flooring saw its total share of flooring sales fall to 8.6% In terms of volume, hardwood flooring represented roughly 4.7%

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Hardwood: State of the Industry 2022

Floor Covering News

1 issue on the minds of many hardwood flooring executives was how the category would fare in the midst of a raging pandemic. Turns out the segment—and the industry by and large—would fare well as consumers and homeowners spent more time inside and more of their disposable income on flooring and other home improvement projects.