Floor Covering Stores in the US - Industry Market Research Report
Description
Floor Covering Stores in the US
Floor covering stores derives their demand from two massive downstream markets. Residential and nonresidential markets play a pivotal role in the growth of floor covering stores. Over the past five years, the COVID-19 pandemic hit the nonresidential market hard, as businesses were forced to close, and employees had to work from home whenever possible. This slowdown in business activity depressed any further growth seen by the industry. At the same time, more consumers remaining at home caused a jump in spending on home improvements and housing starts. Thus, the strong demand stemming from the residential market drove revenue growth through 2020.
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."
Floor covering stores derives their demand from two massive downstream markets. Residential and nonresidential markets play a pivotal role in the growth of floor covering stores. Over the past five years, the COVID-19 pandemic hit the nonresidential market hard, as businesses were forced to close, and employees had to work from home whenever possible. This slowdown in business activity depressed any further growth seen by the industry. At the same time, more consumers remaining at home caused a jump in spending on home improvements and housing starts. Thus, the strong demand stemming from the residential market drove revenue growth through 2020.
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."
Table of Contents
47 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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