The flooring installation industry is heavily dependent on the housing market and construction industry. With low mortgage rates, the residential market has increased by 5.4% in 2021 alone. This has brought annual revenue growth up by 3.9% over the last five years....
Contractors in the flooring industry primarily install flooring, carpet, linoleum, wood, and other floor coverings and surfaces. Within the United States, there are over 120,000 flooring installation companies. These companies generate over $26 billion in revenue....
The flooring installation industry is heavily dependent on the construction industry. As the residential construction increases, demand for flooring installation also increases. This includes building new developments as well as renovations on currently owned...
