Floor Covering News
DECEMBER 16, 2022
However, ceramic suppliers are optimistic about the category’s potential in the coming year. While other popular materials—like luxury vinyl—are struggling to maintain price points amid a sea of commodity-driven products entering the market, ceramic tile is known to hold its price and market value through thick and thin.
Floor Covering News
JULY 1, 2022
T he comeback that was predicted in 2020 after ceramic flooring sales experienced its first downward trajectory in several years was right on point as 2021 saw vast improvement across the board. ceramic tile category saw high single-digit growth in 2021 compared to 2020. FCNews research shows ceramic experienced an 8.2%
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Floor Covering News
MARCH 18, 2024
In flooring, it can be as explosive as developing completely new product formulations that offer consumers features/benefits not previously available—we’re looking at you, WPC. Such is the case with recent events like the Israeli/Hamas War as well as the lingering conflict between Russia and Ukraine.
Floor Covering News
AUGUST 30, 2023
Raj Shah, MSI co-CEO M S International, more commonly known as MSI, started making headlines about 15 years ago as an affordable source of ceramic tile and stone. Over the past decade, the 48-year-old company got into the SPC game in a huge way, becoming the second-largest supplier of that product in the U.S. Obviously, WPC is one.
Floor Covering News
JUNE 26, 2023
The war in Ukraine that created a global energy crisis. The Russian invasion of Ukraine led many countries to end dependence on Russian gas completely. Speaking of which, no product was victimized by inflation more than ceramic tile, which was up 14% in dollars but down 1% in volume. Generationally high inflation.
Floor Covering News
JUNE 29, 2023
The discrepancy between dollar sales and volume was more significant than in years past and ceramic suppliers agreed it had much to do with price increases and inflation. As the heaviest hard surface category, it makes sense that freight hikes would impact ceramic more so than other hard surface solutions. billion square feet.
Floor Covering News
JUNE 13, 2022
D espite all the challenges facing the commercial contract market today—the residual effects of the pandemic, sky-high inflation, ongoing supply chain challenges and the war in Ukraine—key end-use sectors for commercial flooring are showing signs of recovery, stimulating hope that market conditions will improve in the second half of 2022.
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