Annual Floor Covering Report 2022

Introduction by Darius Helm, Statistics by Market Insights LLC Floor Focus May 2022

By most metrics, it was a good year for the flooring industry, with every flooring category posting growth.  Based on government statistics on imports, and including domestic mill shipments, the market grew 20.7% in revenues, according to Market Insights LLC, to $27.457 billion.  But this is a bit misleading, as Market Insights believes import numbers to be inflated by as much as 10% due to exported but unlanded product and calculates actual growth to be 16.5%, with the government’s inflated figures impacting the carpet/rug, resilient and hardwood categories most acutely.  By volume, the market was up by low single digits.

To read the Annual Floor Covering Report introduction click here