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STATS: SPC segment continues to lead the charge

Floor Covering News

When compared to ceramic tile, hardwood, laminate and other hard surface materials, resilient accounted for 50.6% 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. increase from 4.564 billion in 2019.

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Industry disrupters 2024: Internal factors, external forces upend status quo

Floor Covering News

The segment posted astronomical gains year over year, beating out every other flooring category in terms of growth and stole share from carpet, hardwood, ceramic and laminate. Today, LVP suppliers are less reliant on China and more inclined to look to Vietnam, Cambodia, Thailand, India and even Mexico for their sourcing needs.