Sales improved gradually for operators in the Floor Covering Stores industry over the past five years. The steady rise in housing starts and remodeling activity during the recent economic recovery helped increase demand for industry retailers. Over the five-year period, demand conditions have slowly improved in line with the gradually strengthening economy. Consequently, in the five years to 2016, the industry experienced sizable recovery. As a result of the continued strengthening economy, IBISWorld forecasts steady growth for the industry in the five years to 2021. While competition persists, the upturn in the housing market will boost overall demand for floor coverings, thus benefiting the industry.
Establishments in this industry retail carpets, rugs, tiles and vinyl flooring. Most operators manage sales and administrative activities, such as customer service, product merchandising, advertising, inventory control and cash handling. Some operators also offer installation or repair services.
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.