2024 overall sales dropped 2.6% compared to 2023, with all but the hardwood segment showing a loss. Hardwood flooring, which includes engineered wood products, rose 2.0%, while laminate flooring dropped 8.4%, according to Catalina Research. For 2025, U.S. floor covering manufacturer sales (domestic factory shipment plus import minus export) dipped in the first three quarters, with Catalina Research also projecting a drop in the fourth. Elevated mortgage rates are contributing to the decline.
Heading into 2026 however, wood flooring manufacturers are optimistic. NWFA’s 2026 Industry Outlook survey finds 76% of manufacturers surveyed project moderate or better sales growth.
The 2025 Wood Industry Almanac is sponsored by IMA Schelling Group.
Click on the infographic to enlarge.
Quick Stats (Includes items not shown in print.)
• More than half (54%) of wood flooring manufacturers invested in new technology in 2025 to improve their production, according to NWFA’s 2026 Industry Outlook survey.
• NALFA is developing the LF-04 – Mouldings and Trim Performance Standard. The new standard will outline performance, durability, and quality requirements specific to mouldings and trim used with laminate flooring systems.
• Business Research Insights reports the global wood and laminate flooring market size, estimated at $18.37 billion USD in 2024, is forecast to reach $22.76 billion by 2033 with a CAGR of 2.4% (2025-2033).
• New flooring (non-carpet) was purchased by 38% of homeowners who renovated in 2024, according to the 2025 U.S. Houzz & Home Study.
• EPLF members sold 313.5 million m² of laminate flooring in 2024, down 1.4% from 2023 but showing the continued strength of these products in the construction market. North America accounted for 23.5 million m², an increase of 8.9%.
• Warm neutrals, lighter wood, and earth tones are expected to be top choices in kitchen flooring over the next three years, according to NKBA/KBIS 2026 Kitchen Design Trends report. Large format and plank flooring will also be prevalent.
Market Data Sources: Catalina Research, Floor Covering Weekly (7-28-25), National Wood Flooring Assn. (NWFA), Hardwood Floors magazine (10/11-25), OpenBrand, Home Improvement Research Institute (HIRI), Houzz, North American Laminate Flooring Assn. (NALFA), European Producers of Laminate Flooring (EPLF), National Kitchen & Bath Assn. (NKBA), KBIS/Kitchen & Bath Industry Show, Business Research Insights. Category: Flooring: hardwood flooring, laminate/engineered flooring, plank, parquet.
More data on North American woodworking and the specific wood product market segments can be found in the December 2025 FDMC Wood Industry Almanac. digital edition or the online almanac articles. Also, find market data year-round at WoodworkingNetwork.com/news/almanac-market-data.
Read more here: Click Here
