article thumbnail

Stats 2023: Laminate resurgence drives sales higher

Floor Covering News

laminate flooring category generated in late 2020 and throughout 2021 continued to positively impact segment sales in 2022. laminate flooring market generated approximately $1.382 billion in sales last year at the first point of sale—an uptick of 6% over the year prior. of sales—in keeping with the percentage from 2021.

Sales 98
article thumbnail

NFA Showcase: Supplier turnout, product diversification excites dealers

Floor Covering News

However, given the quality issues low-end SPC has been having, dealers were happy to see non-SPC products for a change. “We We saw a good mix of products, including hardwood and even rugs,” said Raffi Sarmazian, co-owner of Sarmazian Brothers Flooring, Waterloo, Ontario, Canada. The products weren’t just for show, either.

Products 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Stats 2021: Price hikes, organic growth drive wood’s increases

Floor Covering News

After experiencing declines in both sales and square footage in 2019 and 2020, the U.S. FCNews research shows wood flooring sales at the first point of sale in 2021 totaled a record $2.67 Hardwood’s performance in 2021 helped the category increase its share of total floor covering sales, albeit slightly, to 10%.

Sales 98
article thumbnail

Laminate: Giving rigid core flooring a run for its money

Floor Covering News

However, where laminate has had to play “catch-up” in recent years is in the waterproof/water-resistant department—the domain of rigid core products like SPC and WPC. Following is an overview of some of the latest laminate flooring products designed to give rigid core a run for its money.

Flooring 105
article thumbnail

UFLPA update: LVT shortages have lingering effects

Floor Covering News

In fact, we’ve heard several manufacturers have returned a lot of what was being detained back to the vendors in Vietnam and China as the storage cost was mounting quickly—and in substantial amounts. The vendors themselves implore us to show those highlighted products that are still available.”

Tulsa 98
article thumbnail

Exclusive: MSI sees opportunities amid challenges

Floor Covering News

Over the past decade, the 48-year-old company got into the SPC game in a huge way, becoming the second-largest supplier of that product in the U.S. The company continues to grow through innovation, a diverse product assortment and holding true to its core tenet: “Making Dream Surfaces Attainable.” We’ve added new product lines.

Ukraine 98
article thumbnail

Tariffs can’t derail LVT’s momentum

Floor Covering News

And there’s a good reason why: Despite the reinstatement of 25% tariffs on all vinyl flooring made in China, dealers say the LVT category—led by rigid core/SPC— continues to dominate sales in 2020. 7, 2020—exempted many rigid LVT products from the 25% tariff. And, no, the tariff has not slowed our LVP sales.”. 24, 2018 to Aug.