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STATS: Wood finds silver lining amid challenges

Floor Covering News

hardwood flooring market generated approximately $2.207 billion in sales, a 4% decrease from 2019 and a shade below the five-year low of $2.23 While hardwood still represents the third-largest hard surface category behind resilient and ceramic with respect to sales, the gap continues to widen. sales, Mercier Wood Flooring. “We

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Stats 2023: Hardwood flooring cedes share

Floor Covering News

After turning in a stellar performance in 2021 with growth rates in both sales and volume landing in the high double-digits, the U.S. Industry observers attribute the disparity in sales to volume activity primarily to higher material and production costs in the face of slower sales. last year to $2.41

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Real Wood Coalition to launch in FCNews

Floor Covering News

These suppliers are seeing a decline in both solid and engi­neered wood sales while many flooring retailers are experiencing an uptick in general sales. The issue for them is that there can be twice as many profit dollars in a hardwood sale than other categories. That’s not to say these products are not great—they certainly are.

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The Industry Disrupters of 2020

Floor Covering News

By conducting beta tests for more than half a year, FloorForce was able to prove that a more integrated digital-to-physical experience led to higher quality leads, more sales of target products and increased consumer satisfaction. A powerful selling proposition for retail sales reps. The next frontier: Advanced printing technologies.

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Flooring industry weighs in on election’s impact

Floor Covering News

I think the movement of manufacturing back to domestic locations and into places like Cambodia, Vietnam and Indonesia are more positive than not for our country.”. “I think a rollback in Chinese tariffs are likely,” said Sam Roberts, president/owner of Roberts Carpet & Fine Floors, Houston. “I

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Tariffs on Chinese hardwood imports linger

Floor Covering News

Given the fact that so much hardwood production has shifted to Southeast Asian countries—including Indonesia, Cambodia and Vietnam—one could argue that the impact of tariffs on engineered wood from China might be blunted in the grand scheme of things. over the next 12 months as it was the last 12 months.”.

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