Floor Covering News
JUNE 29, 2023
F or the second year running tile flooring experienced sales growth after its 2020 decline, which had been the category’s first decrease in several years. However, while dollar sales were up, much of that came from price increases and inflationary pressures. Volume experienced a slight decrease overall. billion square feet.
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.
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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%
Floor Covering News
JUNE 26, 2023
The war in Ukraine that created a global energy crisis. Still, flooring once again was able to continue its positive trajectory in dollar sales, which it has done every year since the Great Recession of 2008-09 except for the pandemic-impacted 2020. With that said, unit sales remain at its fourth-highest level ever. over the $6.5
Floor Covering News
MARCH 18, 2024
Such is the case with recent events like the Israeli/Hamas War as well as the lingering conflict between Russia and Ukraine. Take, for example, the Ukraine-Russia war, which has had significant ramifications on the global economy, affecting various sectors and regions around the world.
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. Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. What about the war in Ukraine?
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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