U.S. Floor Coverings Market and Roofing Product Industry Trends & End-use Markets Analyzed in Research Reports
ReportsnReports.com adds new market research reports “Floor Coverings Industry Trends And End-use Markets” and “Roofing Product Industry” to its store.
Dallas, Texas (PRWEB) October 24, 2012
The U.S. floor coverings industry recovery is beginning to solidify as sales benefit from a surge in housing starts, strengthening existing home sales, and an increase in nonresidential building construction activity. Industry profit margins are also benefiting from moderating material cost pressures and a reduction in domestic industry production capacity. The recovery, however, is mixed by industry sector. Sales increases are relatively strong for ceramic tile, resilient flooring, wood flooring, area rugs, and carpet tile. Meanwhile, sales of wall-to-wall carpet continue to decline. Growth in this industry also remains below previous recovery periods. Industry growth is being held down by cautious consumers due to relatively weak personal income gains, high unemployment rates, and reduced home prices that keep a high rate of homeowners under water, since the price of the home is below the amount owed. As a result, dollar industry sales are forecast to increase at a 3.5% compound annual rate through 2017. This compares to a 5.0% annual industry growth rate experienced over the 1995 to 2005 period.
FLOORING SECTOR TRENDS
Uncover more findings in the in-depth 220-page report on U.S. floor coverings industry trends and an analysis of end-use markets. U.S. shipments, exports, imports, and price trends are evaluated for carpet and area rugs, wood flooring, ceramic tile, vinyl sheet and floor tile, other resilient flooring, laminate flooring, and stone flooring. Data is in dollars and square feet. Import sales are tracked by major country of origin, which uncover the inroads made by Chinese manufacturers. U.S. export shipments are analyzed by major country of destination. World market trends are evaluated as well.
On the other hand the $17.0 billion U.S. roofing product market has been a growing sector of the U.S. construction materials industry over the past fifteen years. Roofing product sales growth benefited from growing nonresidential demand and the replacement or repair of roofs of an aging housing stock. Dollar sales growth also received a boost from the industry's ability to pass through rising material costs due to the relatively concentrated nature of this market. In addition, roofing industry sales growth and profit margins were aided by the shift to higher-value products such as laminated or multilayered shingles, built-up roofs, and single-ply plastic and rubber membranes. Currently, dollar shipment gains are estimate to strengthen as U.S economic growth accelerates, employment levels rise, and building construction activity moves upward for the first time since 2006. These positive trends are forecast to keep roofing products a growing sector of the U.S. construction material industry over the next five years.
ROOFING PRODUCT INDUSTRY TRENDS
Uncover roofing product market trends through this 155-page in-depth report on the U.S. roofing product industry. Report sections cover the U.S. market for asphalt roofing shingles, other prepared asphalt roofing products and coating materials, metal roofing and roof drainage equipment, single-ply plastic and rubber membrane roofing, and precast concrete and clay roofing tiles. In the Executive Summary section, Catalina conducts a growth analysis for four market sectors and 12 product lines. A comparative analysis of product price growth trends is also included. The U.S. roofing business is segmented by residential and nonresidential markets and new construction and reroofing and repair jobs.
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