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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. In many instances, I’m convinced that consumers will gravitate toward wood or stone and then they will go into the store and they will leave buying rigid/LVT.

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

Floor Covering News

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. If anything positive emerged from UFLPA it’s that it taught companies the importance of a diversified supply chain.