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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. hardwood flooring category took a big step back in 2022. Floor Covering News research shows hardwood flooring revenues fell 9.8% Last year, hardwood flooring accounted for 14.1%

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The Industry Disrupters of 2020

Floor Covering News

As it turns out, the flooring industry has its disrupters as well. For the flooring industry, the pandemic has caused major supply chain disruptions that impacted manufacturers and distributors and, eventually, retailers—who at times throughout 2020 were out of stock on certain products. Supply chain issues persist to this day.

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Hardwood: State of the Industry 2022

Floor Covering News

1 issue on the minds of many hardwood flooring executives was how the category would fare in the midst of a raging pandemic. Turns out the segment—and the industry by and large—would fare well as consumers and homeowners spent more time inside and more of their disposable income on flooring and other home improvement projects.

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Looking back: Don Finkell

Floor Covering News

How do you remember the wood flooring industry in 1986? You had some colorful characters in the business. The further you got back into the woods, the more colorful we got. Wood flooring went from 22% of the market down to about 2%. When I got to Anderson, wood flooring was at the lowest ebb. It was a golden color.