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STATS: Wood finds silver lining amid challenges

Floor Covering News

One of the factors that has put increasing pressure on the hardwood flooring segment and stolen market share in some end-use sectors is the competition from LVT/P, WPC and SPC products —many of which are designed to mimic not only the visual depth of genuine hardwood but the texture as well. but globally.

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Trade war forces suppliers to re-strategize

Floor Covering News

Strategies ranged from pursuing alternative sources outside of China (namely Cambodia, Taiwan and Malaysia) to establishing or significantly expanding existing manufacturing operations here in the U.S. The Seretean facility will certainly permit that model to be executed with our LVT production.”.

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