article thumbnail

Stats 2023: Laminate resurgence drives sales higher

Floor Covering News

laminate flooring category generated in late 2020 and throughout 2021 continued to positively impact segment sales in 2022. laminate flooring market generated approximately $1.382 billion in sales last year at the first point of sale—an uptick of 6% over the year prior. of sales—in keeping with the percentage from 2021.

Sales 98
article thumbnail

The Natural Stone Institute announces 2023 award recipients

Floor Covering News

In 1981, while still operating MSI out of their basement, the Shahs secured the contract to supply black granite for the Vietnam Veterans Memorial in Washington, D.C. With leadership shared by sons Raj and Rup Shah, MSI was recently projected to reach sales of more than $3 billion and employ over 3,500 people worldwide.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Laminate: Giving rigid core flooring a run for its money

Floor Covering News

Following is an overview of some of the latest laminate flooring products designed to give rigid core a run for its money. While the SPC/LVT business remains strong, import supply chain challenges have created a new opportunity for our laminate, which is predominately made in the USA,” said Chris King, vice president of sales, AHF Products.

Flooring 105
article thumbnail

Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

Dick Quinlan senior VP sales and marketing, Wellmade What is your projection for the category in 2024? We’ll continue introducing the on-trend, wood- and stone-inspired luxury vinyl designs that are synonymous with our brand, making them available in multiple installation formats to ensure retailers have the right option for their customers.

article thumbnail

Rigid core reigns with a focus on innovation

Floor Covering News

Suppliers across the show floor showed off their version of PVC-free, recyclable or eco-friendly rigid core options designed to intrigue today’s “Earth-conscious” consumers. Now we’ve taken it and we’re offering the same colors in a herringbone option—so a little bit more stylistic in design. Take Raskin Industries for example.

article thumbnail

Industry Disrupters 2022: Shattering the status quo

Floor Covering News

What’s more, this increased resilience was designed to outperform both v-groove and traditional ceramic grout applications in terms of wear and tear. The design also allows installers to create staggered patterns while cutting total installation time in half. cor, Sheboygan, Wis.

article thumbnail

Bella Flooring Group re-emerges anew

Floor Covering News

Bella’s leadership has completely changed in the last year and a half, and we’re more focused on taking care of our partners first,” explained Paul Dominie, president of sales and marketing. What’s more, Bella Flooring has expanded its product portfolio to include a Made in the USA line, which will include design-driven rigid core SPC.