Articles

Flooring Market to Reach Around $450 Billion by 2026 August 14, 2019 from Floor Covering Weekly Albany, N.Y. — The global flooring market is predicted… Read More

Tuesday, July 30, 2019 By Ryane DeFalco from Floor Covering Weekly Ceramic and porcelain floor and wall tile saw solid growth in 2018. In… Read More

Housing activity is the best barometer for how the flooring industry performed in both residential replacement and builder business. And in 2018, housing activity disappointed. As a consequence, the flooring sales in those two sectors also under-performed, unlike years previous.   Read More

U.S. floor coverings manufacturer sales for 2018 ended up higher than the estimates Catalina issued earlier in the year. Dollar sales (shipments minus exports plus imports) are estimated to have increased by 5.7 percent in 2018 to $27.2 billion, while square foot sales could have increased by 5.1 percent to 23.8 billion. Manufacturer sales strengthened in the second half primarily due to a 20 percent increase in total floor coverings import shipments. Read More

According to the report, The global ceramic tile market is expected to grow with a CAGR of 7% from 2018 to 2024. Read More

According to the latest Catalina Research Quarterly Update, U.S floor coverings manufacturer sales (shipments minus exports plus imports) could have declined in the first half of 2019. This would be the first drop in sales since 2010. Read More

Italian Tile production dropped to 415 million sq.m (-1.6%), while the sector’s turnover fell by 3% to 5.4 billion euros. Investments in technology remained very high at more than 500 million euros. Read More

“There’s no question Baby Boomers and Gen X have more money,” said Milton Pedraza, chief executive officer of the Luxury Institute. He added that while younger consumers may have more debt and are less affluent, it’s a matter of time before they catch up as Boomers transfer wealth in inheritances.  Read More

The labor shortage for the remodeling industry continues to impact the industry, according to a recent survey by the National Association of Home Builders (NAHB) Remodelers. NAHB released the survey results, which highlights availability of labor and subcontractors, to kick off National Home Remodeling Month in May. Read More

TCNA releases Ceramic Tile Industry Update Wednesday, April 17, 2019 from Floor Covering Weekly Daily [Anderson, S.C.] The Tile Council of North America (TCNA) has released the… Read More