$29.2bn
$X.Xbn
184k
122k
$X.Xbn
Flooring installers have navigated a rocky landscape shaped by shifting interest rates and consumer preferences in recent years. These tradespeople experienced a significant surge during the pandemic, buoyed by a residential construction boom driven by low interest rates and a mass movement toward home improvement projects. However, as interest rates climbed, this momentum faltered, leading to a slowdown in residential construction, particularly in single-family homes. The apartment building market proved more resilient as higher homeownership costs pushed more people towards rentals, ensuring a steadier demand for flooring installations in multi-unit dwellings. Despite the slower recovery in office building construction, other commercial spaces like warehouses and hotels have offered growth opportunities. Industry revenue has been decreasing at a CAGR of 0.6% to total an estimated $29.2 billion in 2024, including an estimated increase of 1.4% in 2024.
Industry revenue has declined at a CAGR of 0.6 % over the past five years, to reach an estimated $29.2bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Empire Today LLC | 694.7 | 43.1 | 6.2 | |
Mannington Mills Inc. | 205.4 | 12.7 | 6.2 | |
Armstrong World Industries, Inc. | 109.8 | 6.8 | 6.2 |
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Industry revenue is measured across several distinct product and services lines, including Carpet and rug flooring, Vinyl sheet and tile flooring and Hardwood flooring. Carpet and rug flooring is the largest segment of the Flooring Installers in the US.
Carpet and rug flooring are losing popularity, but are still dominant
Contractors in this industry primarily install resilient flooring, carpeting, linoleum and wood or other alternatives and prepare surfaces for the installation of flooring and floor coverings. Industry activity includes new work, additions, alterations, maintenance and repairs. This industry does not include the installation of concrete flooring (IBISWorld report 23811) or the installation of stone or ceramic floor tile (23834).
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NAICS 23833 - Flooring Installers in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Flooring installers are facing hard times because of an unfavorable operating environment. Higher interest rates have led to a drop in new commercial and residential projects...
Learn about an industry's products and services, markets and trends in international trade.
Cork, rubber and linoleum dominate the flooring market. These materials lead in popularity and application. Also, carpet and rug installations contribute significantly to ove...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Floor installers often set up near downstream markets, particularly in the Southeast. This region's high residential construction activity is driven by the fact that it's hom...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competitive pricing is crucial among low-margin flooring installers. Price becomes increasingly important during times of economic uncertainty and slower construction spendin...
Learn about the performance of the top companies in the industry.
There is high fragmentation among flooring installers, but Empire Today stands out. The company employs a higher-than-average number of workers compared to competitors.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Certification is now essential for obtaining high-revenue contracts. This requirement also boosts quality and ensures installations meet required standards, benefiting both c...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Purchases are the largest cost for floor installers. Flooring installers have been able to pass higher material costs onto consumers. Supply chain woes have pushed up the pri...
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Flooring Installers in the US industry in United States is $29.2bn in 2024.
There are 122k businesses in the Flooring Installers in the US industry in United States, which has grown at a CAGR of 1.5 % between 2019 and 2024.
The market size of the Flooring Installers in the US industry in United States has been declining at a CAGR of 0.6 % between 2019 and 2024.
Over the next five years, the Flooring Installers in the US industry in United States is expected to grow.
The biggest companies operating in the Flooring Installers market in United States are Empire Today LLC, Mannington Mills Inc. and Armstrong World Industries, Inc.
Installing and removing carpet, including sewing, binding and cutting and Installing and removing asphalt tile, linoleum and resilient flooring are part of the Flooring Installers in the US industry.
The company holding the most market share in United States is Empire Today LLC.
The level of competition is high and steady in the Flooring Installers in the US industry in United States.