Market Highlights: Solid hardwood flooring is a 100% solid wood product with each board coming from just one piece of solid wood that is cut down to the desired size, usually between 18 and 25 centimetres. The cut style of the wood can vary from flat-sawn, that is the most recognized style with a triangular grain, to quarter-sawn where the material is separated up into quarters, then rift-sawn, that gives a finish where the grain is horizontal. Solid hardwood flooring is seen as a great way to give your home or office a warm, rustic & natural feel. Various types of hardwood trees comprise alder, hickory, balsa, beech, mahogany, maple, oak, teak, as well as walnut. Many hardwoods have a higher density than most softwoods. The growing construction industry around the globe is likely to boost the growth of the global solid hardwood flooring market. The market study is being classified by Type (Alder Solid Hardwood Flooring, Balsa Solid Hardwood Flooring, Beech Solid Hardwood Flooring, Hickory Solid Hardwood Flooring, Mahogany Solid Hardwood Flooring, Maple Solid Hardwood Flooring, Oak Solid Hardwood Flooring, Teak Solid Hardwood Flooring and Other Solid Hardwood Flooring), by Application (Residential Use and Commercial Use) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Solid Hardwood Flooring are Armstrong Flooring Inc. (United States), Horner Flooring Co Inc. (United States), Gerflor USA, Inc. (United States), Lauzon Flooring (Canada), Natural Wood Floor Company Ltd. (United Kingdom), Aacer Flooring (United States), Nydree Flooring (United States), Mannington Mills Inc. (United States), Metropolitan (Canada) and AB Gustaf Kähr (Sweden).
As of March 2019, a new survey conducted by the National Association of Homebuilders (NAHB), one of the largest trade associations in the United States has listed hardwood floors as one of the top 10 features desired by The United States homeowners. This data supports a same finding in the National Wood Flooring Association (NWFA)’s own consumer survey that revealed that 80 percent of homeowners would select hardwood floors for their dream homes. These are impelling factors for the growth of the global solid hardwood flooring market over the near future.
Key Questions Answered in the Report What will the Solid Hardwood Flooring Market size and the growth rate be in Future? What are the key factors driving the Solid Hardwood Flooring Market? What are the key market trends and macro-economic impacting the growth of the Solid Hardwood Flooring Market? What are the challenges to market growth? Who are the key vendors in the Solid Hardwood Flooring Market? What are the market opportunities and threats faced by the vendors in the Solid Hardwood Flooring Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Solid Hardwood Flooring Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Solid Hardwood Flooring market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Solid Hardwood Flooring market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Solid Hardwood Flooring Manufacturers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations, End Users and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.