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STATS: SPC segment continues to lead the charge

Floor Covering News

FCNews research shows the category generated $6.589 billion in sales (not including rubber) in 2020—an industry-leading 21.3% In terms of volume, the category accounted for 5.455 billion square feet (not including rubber) at the first point of sale, a 19.5% of sales vs. 2019’s 45.1%. Existing home sales grew to 5.64

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Obstacles fail to derail wood’s surge

Floor Covering News

By its count, about two-thirds of wood sales are residential replacement, with roughly one-third new construction. We’re definitely seeing sales come from the renovation and remodel sector,” said Adam Ward, senior product director, wood and laminate. Hardwood does less well in apartment renovations and is a smaller part of commercial.