Annual Report: A year of cautious spending, particularly on the residential side, led to a 4% decline in total consumption in the 2024 flooring market – May 2025
Flooring industry sales fell 4% in 2024 as residential demand dropped nearly 8% and commercial growth stalled. Resilient flooring rose slightly, while categories like hardwood and carpet declined. All eyes now turn to a volatile but hopeful 2025.