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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