U.S. Wood Flooring Market Share to Witness Significant Revenue Growth

U.S. Wood Flooring Market Summary

The U.S. wood flooring market was estimated at USD 6.33 billion in 2024 and is expected to grow at a CAGR of 3.8% over the forecast period. The growth of the market in the country can be attributed to the surging demand for highly durable and aesthetically appealing flooring solutions. Additionally, the rising expenditure on renovating and remodeling old housing structures in the U.S. is expected to have a significant impact on the growth of the product in the coming years. Consumers are increasingly preferring wood flooring due to its long-lasting nature, elegant appearance, and ability to add value to homes.

The market is further projected to witness considerable expansion from 2025 to 2030, supported by the flourishing construction industry in the country. The rise in both public and private investments in infrastructure development activities has fueled this growth trajectory. The growing demand for modern housing structures and commercial buildings is expected to accelerate construction activities across the nation. This surge in construction will further create demand for wood floor coverings, thereby contributing significantly to the growth of the U.S. wood flooring market from 2025 to 2030.

Key Market Trends & Insights

• Engineered wood accounted for the largest market share with a revenue contribution of 50.5% in 2024. Over the years, engineered wood floors have emerged as a cost-effective alternative to traditional solid wood floors. This is largely due to the fact that engineered wood is less prone to moisture absorption and temperature variations, making it a more resilient option. Its structural stability and lower price point have made it increasingly popular among both residential and commercial users.
• Red oak dominated the market and is anticipated to expand at the fastest CAGR of 3.9% over the forecast period. Red oak, also known as Quercus rubra, is a hardwood tree species native to the U.S. that thrives under optimal conditions and full sun, growing up to 5-6 meters in 10 years. It is one of the most economically important timber species in North America and is extensively used in the production of lumber and veneer for flooring and furniture. Its widespread availability, durability, and versatility make it a preferred choice for wood flooring manufacturers.
• Residential applications held the largest market share of 77.1% in 2024. The rising rate of domestic and international migration, coupled with ongoing urbanization trends, has created strong demand for residential housing in the U.S. This demand is leading to the construction of new residential projects, consequently boosting the adoption of wood flooring in households. The preference for wood flooring in homes is largely driven by its visual appeal, comfort, and value addition to property. The growing residential real estate market is expected to continue driving this trend throughout the forecast period.
• The new construction segment of the U.S. wood flooring market is expected to grow at a CAGR of 3.6% from 2025 to 2030. This segment’s growth can be attributed to the rising construction of new commercial spaces, including office buildings, retail outlets, and hospitality projects. Additionally, the steady increase in new residential developments is playing a vital role in supporting the expansion of this segment. The combination of rising real estate activity and consumer preference for high-quality flooring will ensure consistent demand growth in this category.

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Market Size & Forecast

• 2024 Market Size: USD 6.33 billion
• 2030 Projected Market Size: USD 7.02 billion
• CAGR (2025 - 2030): 3.8%

Key Companies & Market Share Insights

Some of the major players operating in the U.S. wood flooring market include Mohawk Industries, Inc., EGGER Group, and Shaw Industries Group, Inc. These companies have a strong presence in the market with diversified product portfolios and robust distribution networks.

EGGER Group manufactures and supplies a wide range of wooden products for the construction segment, focusing mainly on residential and commercial interiors. Its wood flooring offerings are segmented into Design flooring GreenTec, Comfort, and Laminate flooring, each catering to diverse consumer requirements.

Mohawk Industries, Inc. is involved in multiple product categories, including ceramic tiles for floors and walls, carpets, rugs, laminate, luxury vinyl tiles, sheet vinyl, and wood flooring. Its comprehensive portfolio allows it to serve a wide customer base and maintain a leading position in the market.

Shaw Industries Group, Inc. provides a broad range of flooring solutions such as resilient flooring, carpets, laminates, hardwood, stone flooring, and artificial turf. Its wide-ranging expertise and global presence have positioned it as a significant contributor to the growth of the U.S. wood flooring market.

Emerging participants in the market include Flooring Innovations, Goodfellow, Inc., and DuChateau. Flooring Innovations manufactures and distributes an extensive selection of floor-covering products, including carpets, tiles, hardwood flooring, luxury vinyl tiles/planks, countertops, area rugs, stone flooring, and cabinets. Goodfellow, Inc., established in 1898 and headquartered in Canada, offers a diversified product range including decking, flooring, insulation, lumber, panels, roofing, siding, and wall concepts. DuChateau specializes in premium wood flooring and is steadily building its presence in the U.S. market.

Key Players

• Mohawk Industries, Inc.
• EGGER Group
• Goodfellow, Inc.
• Flooring Innovations
• Somerset Hardwood Flooring, Inc.
• Shaw Industries Group, Inc.
• Mannington Mills, Inc.
• Home Legend, LLC
• Provenza Floors, Inc.
• DuChateau

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Conclusion

The U.S. wood flooring market is experiencing steady growth, supported by rising demand for durable, cost-effective, and visually appealing flooring options. The dominance of engineered wood and red oak highlights consumer preferences for practical yet high-quality solutions. Residential applications continue to drive demand due to urbanization and housing developments, while new construction projects further accelerate market expansion. Key players are strengthening their positions through diversified product portfolios, innovation, and strategic distribution. With continuous advancements and growing adoption across residential and commercial sectors, the U.S. wood flooring market is set for sustained growth through 2030 and beyond.