Global Wood Flooring Market to Reach $123 Billion by 2027

Albany, N.Y. -- The global wood flooring market is anticipated to make steady progress during the forecast period, from 2019 to 2027. The global wood flooring market is faced with stiff competition from other options like tile, vinyl, and laminates. Wood flooring offers durability, safety, and hygiene and comes with immense load resistance, which creates high consumer demand.

The global wood flooring market is commanded by the presence of some medium- and large-scale players such as Tarkett Group, Kährs Holding AB (publ), Mohawk Industries, Inc., Armstrong Flooring, Inc., and Shaw Industries Group, Inc.