article thumbnail

Stats 2021: Price hikes, organic growth drive wood’s increases

Floor Covering News

“We estimate that probably 10% of the 21% growth in sales that hardwood achieved last year was probably due to price hikes and inflation,” said Brian Carson, president and CEO of AHF Products. This despite the immense popularity of the resilient category, specifically LVP/SPC/WPC products. million sales in hardwood products last year.

Sales 98
article thumbnail

Stats 2023: Hardwood flooring cedes share

Floor Covering News

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. Volume-wise, square footage sold at the first point of distribution slipped to 915 million square feet—an 11.2%

article thumbnail

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.