Floor Covering Stores in Canada
Over the five years to 2019, the Floor Covering Stores industry in Canada has benefited from growth in the housing market. Industry operators specialize in selling floor coverings, such as carpets, hardwood, ceramic and laminate floors, and sometimes offer installation services. The industry has contended with increasing competition from large home improvement stores. These larger retailers use their size to purchase goods at lower prices per unit and pass the savings on to customers. Housing market conditions are expected to normalize over the five years to 2024. Thus, the robust growth that characterized the previous five-year period is expected to become more difficult to maintain.
Companies in this industry retail carpets, rugs, tiles and vinyl flooring. Most operators handle sales and administrative activities, such as customer service, product merchandising, advertising, inventory control and cash handling. Some operators also offer installation or repair services in addition to retailing activities.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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