Timeless Beauty of Wood and the Ability to Add Long-Term Value to Homes Drive Perennial Demand for Hardwood Flooring
The global market for Wood Flooring is projected to exceed 16 billion square feet by 2024 , driven by growing demand for timeless, hard wearing, sustainable and eco-friendly solid wood flooring, and elegantly textured engineered hardwood flooring. Wood flooring continues to remain one of the most popular flooring choices owing to its everlasting beauty and the ability to add considerable value to homes. Wood provides customers with a unique and attractive option that holds a natural feel and can be sustainably managed. As consumers become increasingly environment-conscious, the inclination towards more sustainable wood that would also ensure longer life for the flooring is more evident. There is strong preference for solid wood that would last more than 100 years, and also towards woods that would hold up better. With the economy gradually improving and with the introduction of less expensive products, more homeowners are ready to pay, even a little more, for wood or finish that w...