NFT Market Trends Study: Residential Floor Covering Outlook Bright for All Industry Segments
Continued growth is projected for the floor covering industry based upon results of the just-completed Market Trends Study. The next few years will be bright for specialty floor covering retailers/contractors, distributors, and manufacturers.
The carpet (+19%), ceramic tile (+17%), wood (+17%) and laminate floor (+15%) segments, according to our specialty retailer panel, will have the largest amount of projected growth through the end of 2006. (Chart 1)