Hardwood Flooring Market

Hardwood Flooring Market

Market Size and Forecast:

Global Hardwood Flooring Market reached US$ 49.2 billion in 2024 and is expected to reach US$ 67.8 billion by 2031, growing with a CAGR of 3.8% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on “Hardwood Flooring Market Size 2025”. The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Latest M&A Actitivty

Mohawk unveiled TecWood Enhanced, a new performance tier of engineered hardwood featuring a Uniclic locking system for easier installation and Wet Resistance Warranty protecting against spills for up to 72 hours. It is scratch-resistant and made from European white oak, available in five colors.​

Shaw Floors launched eight new hardwood products in various species with water-resistant finishes and a Splash-Proof Lifetime Warranty. New hardwood styles include Americana Oak, Americana Hickory, and Liberty Oak made in the USA.​

Karastan expanded its luxury flooring BelleLuxe collections, introducing 31 new products with aged European oak, hickory, walnut, and maple woods, including waterproof options with lifetime warranty.

Major companies in the market include Armstrong Flooring, Inc., Tarkett S.A., Khrs Holding AB, Nature Home Holding Company, and Mohawk Industries, with ongoing M&A and strategic positioning in the space.​

In solid wood composite floors (related segment), companies like Kentier and Power Dekor launched products with eco-friendly materials and advanced waterproof technology, expanding global reach in 2025.

Key Players:

AHF, LLC, UNILIN, Beaulieu International Group, Classen, FRITZ EGGER GmBH & Co. OG, Formica Group, Armstrong Flooring Inc., Boral Limited, Brumark Corporation and Kahrs Holding AB.

Key Industry Developments:

USA:

In 2025, the U.S. hardwood flooring market is growing due to rising demand for durable, premium, and eco-friendly flooring solutions driven by urbanization, housing development, and consumer preferences for sustainable interiors. Technological advances in engineered hardwood products improving durability and affordability further support growth. Renovation and remodeling trends are also driving market demand (2025).​

The market is also influenced by a surging home-renovation spending, expansion of engineered wood technologies, and increased preference for biophilic interior aesthetics. Top industry players are launching innovative eco-friendly products meeting evolving consumer demands (2025).​

Japan:

While specific recent developments in Japan’s hardwood flooring market in the last 3 months of 2025 are less detailed in the available data, the Asia-Pacific region (including Japan) is projected to experience strong demand driven by rising disposable incomes, rapid residential construction, and growing awareness about sustainable and high-quality flooring materials (2025).​

Market trends in Asia include increased adoption of engineered hardwood flooring and innovative designs reflecting modern interior preferences with sustainability focus (2025).

Growth Forecast Projected:

The Global Hardwood Flooring Market Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Hardwood Flooring Market Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Type: Oak, Maple, Walnut, Others

➥ By Finish: Solid, Engineered, Others

➥ By Application: Residential, Commercial, Others

➥ By End-User: Construction and Real Estate, Renovation & Remodeling

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report’s coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Hardwood Flooring Market producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market’s key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Hardwood Flooring Market revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry’s supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report’s key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ’s

Q1: What is the current size of the Hardwood Flooring Market?

A: The Hardwood Flooring Market stood at US$ 49.2 billion in 2024 and is set to experience remarkable growth, reaching US$ 67.8 billion by 2031.

Q2: How fast is the Hardwood Flooring Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 3.8% from 2025 to 2032

Q3: Which regions are dominating the Hardwood Flooring Market and which are fastest-growing?

A: North America dominating the Hardwood Flooring Market.

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