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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. Industry observers attribute the disparity in sales to volume activity primarily to higher material and production costs in the face of slower sales. of all hard surface flooring products.

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Hardwood: State of the Industry 2022

Floor Covering News

These include rising inflation , higher raw materials pricing amid inconsistent availability and, now, a war in Ukraine that has threatened the supply of so many goods and services, including Russia-sourced birch lumber that goes into the core layer of many engineered hardwood flooring products sold globally today. We don’t have that issue.