Articles
Vinyl Flooring Imports Declined 6.7% YOY in May
Imports of vinyl flooring saw a decrease in May, down 6.7% year over year, but this follows a notable increase of 28.9% year over year last month, reports Truist. Read More
Ceramic Imports Declined 6% YOY in The First Five Months of 2023
In the first five months of 2023 total U.S. imports of ceramic tile were 74.6 million square meters, a decline of 6% from the same period in 2022, according to Grosser Consulting. Read More
Stats 2023: Laminate resurgence drives sales higher
The momentum that the U.S. laminate flooring category generated in late 2020 and throughout 2021 continued to positively impact segment sales in 2022. Floor Covering News research shows the U.S. 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. In terms of volume, the category grew at a slightly slower rate (4.5%), reaching roughly 1.098 billion square feet. The disparity in growth rates, industry observers say, can be attributed to slightly higher costs related to production/shipping, as well as more of an emphasis on better quality goods—those in the 10mm to 12mm range versus activity at the opening price point associated with 7mm products. Read More
Driving Purchases
What makes generations tick Consumers do not shop as a monolith. What drives an 18-year-old is far different than what drives a 60-year-old. Understanding what motivates different generations on their path to purchase is a crucial element to marketing to them. Read More
Stats 2023: Tile flooring price increases buoy dollar sales
For 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. However, while dollar sales were up, much of that came from price increases and inflationary pressures. Volume experienced a slight decrease overall. Read More
RēCo 2023: Vinyl
Inside this edition are the ReCo results for the vinyl category. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. The Wayman Group is an independent marketing research and consulting firm with more than 40 years of experience. Read More
RēCo 2023: LVT
Inside this edition are the ReCo results for the LVT category. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. The Wayman Group is an independent marketing research and consulting firm with more than 40 years of experience. Read More