Floor Covering News
JUNE 29, 2023
F or the second year running tile flooring experienced sales growth after its 2020 decline, which had been the category’s first decrease in several years. However, while dollar sales were up, much of that came from price increases and inflationary pressures. Volume experienced a slight decrease overall. billion square feet.
Floor Covering News
AUGUST 30, 2023
Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. What about the war in Ukraine? It’s a really unfortunate circumstance for the people of Ukraine, and we as a company continue to stand by them. That’s our expertise.
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Floor Covering News
JULY 1, 2022
T he comeback that was predicted in 2020 after ceramic flooring sales experienced its first downward trajectory in several years was right on point as 2021 saw vast improvement across the board. increase in dollar sales to $3.077 billion in 2021 (flooring only) vs. $2.844 billion in 2020. FCNews research shows ceramic experienced an 8.2%
Floor Covering News
JUNE 13, 2022
D espite all the challenges facing the commercial contract market today—the residual effects of the pandemic, sky-high inflation, ongoing supply chain challenges and the war in Ukraine—key end-use sectors for commercial flooring are showing signs of recovery, stimulating hope that market conditions will improve in the second half of 2022.
Floor Covering News
AUGUST 22, 2022
New work-from-home lifestyles also continued to drive consumer spending as many looked to expand their existing homes to feature new office space or outdoor sanctuaries. As a result, the resilient flooring category registered a staggering $8.426 billion (not including rubber) in sales in 2021 —an industry-leading 30.3%
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