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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.

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NFA Showcase: Supplier turnout, product diversification excites dealers

Floor Covering News

That sentiment was shared by other NFA dealers, including Jason Waggoner, vice president of sales for Indianapolis-based ICC Floors, who said his team welcomed the addition of hardwood, laminate and tile variations. “It’s nice to see something other than vinyl.” The products weren’t just for show, either. Word of mouth here is big.”

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Exclusive: MSI sees opportunities amid challenges

Floor Covering News

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. Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. That’s our expertise.

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Tariffs can’t derail LVT’s momentum

Floor Covering News

And there’s a good reason why: Despite the reinstatement of 25% tariffs on all vinyl flooring made in China, dealers say the LVT category—led by rigid core/SPC— continues to dominate sales in 2020. for example, roughly one-third of its stocking LVP SKUs are from China; the remaining two-thirds are sourced from Vietnam, South Korea or the U.S.,

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Mullican Flooring requests contributions to NWFA scholarship

Floor Covering News

He was introduced to the industry at the age of 8, when he began working with his father in the family business, Conner Tile & Floor Covering Company in his native Oklahoma. Air Force, which included a tour in Vietnam, and received numerous decorations and citations for his service. He served in the U.S.

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UFLPA update: LVT shortages have lingering effects

Floor Covering News

In fact, we’ve heard several manufacturers have returned a lot of what was being detained back to the vendors in Vietnam and China as the storage cost was mounting quickly—and in substantial amounts. In the case of Grigsby’s Carpet Tile & Hardwood, the Tulsa, Okla.-based The only other thing we’ve recently picked up is that U.S.

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

Floor Covering News

After experiencing declines in both sales and square footage in 2019 and 2020, the U.S. FCNews research shows wood flooring sales at the first point of sale in 2021 totaled a record $2.67 Hardwood’s performance in 2021 helped the category increase its share of total floor covering sales, albeit slightly, to 10%.

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