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. Tile flooring was up mid-double digits in dollars in 2022 compared to 2021’s high single-digit increase. Volume experienced a slight decrease overall. billion square feet.
Floor Covering News
AUGUST 30, 2023
Raj Shah, MSI co-CEO M S International, more commonly known as MSI, started making headlines about 15 years ago as an affordable source of ceramic tile and stone. 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. The other one is clay.
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Floor Covering News
JULY 1, 2022
ceramic tile category saw high single-digit growth in 2021 compared to 2020. Putting things in perspective, back in 2011, as the industry was climbing out of the Great Recession, ceramic tile clocked in at $1.52 economy and ceramic tile market. Hearkening back to the success of its heyday, the overall U.S. billion and 1.38
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. The uncertainty around mortgage rates, gas and food prices, Ukraine, etc., increase over 2020’s revised $6.463 billion. LVT and VCT are the workhorses.”.
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