NFT 2009 Exclusive Survey: Mixed Signals Arise in Laminate Flooring Segment

Armstrong Grand Illusions laminate flooring.
The laminate flooring category is in a state of transition. Respondents to the recently conducted National Floor Trends/Clear Seas Research 2009 Laminate Flooring Market Study said consumers continue to see laminate flooring as a durable and fashion-forward choice. However, the segment’s business is shrinking in part to stiffer competition and eroding profit margins.

Shaw’s Majestic Estate Corteza Travertine.

Quick-Step’s Scarlet Mahogany plank, part of the Allustra collection.

Our panelists devote an average of 11% of their showroom space to laminate flooring. Glueless installation accounts for more sales than adhesive installs.

Product improvements continue to lead the laminate flooring category and compared to other flooring products, respondents report laminate flooring to rarely be the source of consumer complaints. Consumer concerns seem to be declining; however, the top four complaints mentioned most among respondents include: Cleaning/care/maintenance; water damage; clicking sound and chipping/scratches.
The challenges facing laminate flooring manufacturers in the next two years are believed to be product innovation, combating alternative hard surface flooring and installation services.

The bad news: Respondents report few monthly laminate sales each month and expect sales to decline in 2009 for both residential and commercial use. (Chart 3) According to respondents, the drop in segment business can be attributed to an increased level of competition from Big Box retailers, increasing competition from other flooring channels and eroding profit margins.
This is a snapshot of an in-depth study examining the retail market for laminate flooring. The conclusions are based on the opinions, preferences and purchasing behaviors of 62 U.S. flooring retailers/contractors who are also active, qualified subscribers of National Floor Trends (NFT) magazine or Building Materials Talk Panel members. The study was conducted online between June 16- June 30, 2009.
The full report includes up-to-date information on key issues and market trends shaping the laminate flooring segment. For information about ordering, or to learn more about Clear Seas Research, contact Kelly Clinton at clintonk@clearseasresearch.com
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