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Scoring flooring: Industry stats for 2021

Floor Covering News

Tile accounted for 23% of sales while hardwood and natural stone represent 8% and 6%, respectively. The company’s product offering largely consists of LVP, solid and engineered hardwood, laminate, bamboo flooring, porcelain tile and cork flooring. Leading the charge at Floor & De?cor billion in 2021, up 5% over 2020.

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STATS: SPC segment continues to lead the charge

Floor Covering News

Visual designs throughout the LVT category continue to improve and rival the look of real hardwood as well as tile and natural stone, all at lower prices than the real thing. The life cycle costs are also relatively low, without the need for adhesive and minimal maintenance requirements.”.