Sales improved gradually for operators in the Floor Covering Stores industry during the past five years. Professional contractors and homeowners typically purchase industry goods while undergoing new residential construction and home renovation projects. Therefore, the steady rise in housing starts and remodeling activity during the recent economic recovery helped increase demand for industry retailers. In the coming years, IBISWorld forecasts steady growth for the industry. While competition will persist, 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.