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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.

Flooring 45
Flooring Vietnam Mexico Products 45
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Economics: Headwinds will moderate growth in 2024 

Floor Covering News

JANUARY 24, 2024

In the keynote session that preceded Beaulieu’s talk, “Economic Trends in Construction and Consumer Markets,” Connor Lokar, senior economist with ITR Economics, expressed similar concerns about the impact of a weak housing market—especially low housing starts—on the floor covering industry. Outlook on U.S. Yes, we wore awful suits.

America 52
America Trends United States 52
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