Overview of Floor Coverings Sector in the U.S

Research and Markets has announced the addition of the "Floor Coverings" report to their offering.

First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the "heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues.

Executive Summary

Brief Excerpt from Industry Overview Chapter:

The floor coverings industry in the US includes about 1,000 manufacturers; 3,000 wholesalers; and 15,000 retailers; with annual end-user flooring sales of more than $20 billion. Major manufacturers include Shaw Industries, Mohawk Industries, Beaulieu Group, and Armstrong World Industries. Large retail franchise chains include Flooring America, Lumber Liquidators, and Carpet One. The industry is concentrated at the manufacturing end, where the four largest companies hold close to 60 percent of the market, and highly fragmented at the retail end, where the top 50 companies hold just 10 percent.

Please see the Wood Flooring Manufacture profile for further information on hardwood flooring.

COMPETITIVE LANDSCAPE

Demand for floor coverings depends on residential and commercial real estate construction and home sales, which can be cyclical. With many costs fixed, profitability of individual companies depends on their volume of business. There are large economies of scale in manufacturing and distribution. Annual revenue per employee at large carpet mills is close to $300,000. A typical wholesale location has annual revenue of $50 million, a typical retail location about $4 million.

PRODUCTS, OPERATIONS & TECHNOLOGY

The industry produces and sells carpets and rugs, hardwood flooring, "resilient" plastic sheeting, and ceramic tiles. The majority (55 percent) of sales consists of carpeting and rugs. Wood flooring accounts for about 30 percent of industry sales; plastic sheeting about 7 percent; and ceramic tile nearly 5 percent.

Key Topics Covered:

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends AND Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

Source: http://www.researchandmarkets.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.