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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

DECEMBER 11, 2023

LVT will continue to grow share in the resilient category, but economic concerns such as interest rates, consumer confidence, labor issues and tighter lending standards can and will have an impact on the overall flooring market. Commoditization/saturation of SPC in the marketplace, putting pressure on this category moving out into 2024-2025.

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Flooring Vietnam Mexico Products 45
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Resilient 2023: Industry-wide challenges mitigate growth

Floor Covering News

AUGUST 21, 2023

This was true across the board for all categories, including ceramic, which ultimately experienced the most obvious reliance on price increases with a decline in volume and increase in sales for 2022. As a matter of fact, we’ve got an expansion project that’s going to hit coming in 2025,” Francis noted.

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Industry Sales Products Strategy 52
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