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Scoring flooring: Industry stats for 2021

Floor Covering News

When the dust cleared and all the numbers were counted and run through the wash multiple times, total industry sales in 2021 reached a record $26.701 billion, an enormous gain of 16.3% Note: These numbers are in wholesale dollars reflecting the first point of sale. This compared to its overall sales of $151.2 billion, up 14.4%

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Ceramic: Producers push innovation as consumption falls

Floor Covering News

Many ceramic leaders agree that by the end of 2019 the category will have remained flat or declined by approximately 3% in both volume and dollar sales. Raj Shah, president, MSI, noted a slowdown in new home sales as well. Imports of ceramic tile from China were valued at an estimated $481.3 Commerce Department.

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Exclusive: MSI sees opportunities amid challenges

Floor Covering News

Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. We have come a long way from being just a natural stone company. So if China has a problem, Vietnam. For many years, people thought LVT was just cannibalizing tile and stone.

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