2024 Flooring Material Trends: Hedsom Flooring Maintains Market Leadership

2023 U.S. flooring industry survey shows resilient and laminate flooring continue to expand market share despite overall sales decline

In 2023, total U.S. flooring sales decreased by 10.1% year-over-year, with sales area dropping by 9.1%. This decline was primarily driven by inflation, economic recession, and lingering pandemic effects. However, Hedsom, as an emerging building materials manufacturer, remains confident in the flooring industry.

Key Trends:

1、Real Estate Recovery Boosts Related Industries: Since the 2009 financial crisis, the U.S. real estate market has gradually rebounded to pre-crisis levels, driving growth in supporting industries like flooring.

2、Resilient & Laminate Flooring Dominate: From 2019-2023, resilient flooring (PVC, SPC, LVT) and laminate flooring accounted for over 50% of total sales, demonstrating huge market potential.

3、Commercial Project Demand Rebounds: In 2023, commercial procurement increased significantly, with projects favoring flooring that is "easy to source, install, and maintain."

Hedsom, a trusted manufacturer, serves over 80 countries and maintains long-term partnerships with 600+ global brands, supplying premium products to retailers.