Articles

Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges. Read More

In another sign that a declining housing market has failed to bottom out, builder confidence in the market for newly built single-family homes fell six points in August to 49, marking the first time since May 2020 that the index fell below the key break-even measure of 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Read More

The U.S. terrazzo market is expected to reach USD 13.47 billion by 2030, registering a CAGR of 5.6% from 2022 to 2030. Increasing demand for residential and commercial construction sectors on account of its high-performance characteristics such impact resistance, high durability, and negligible bacteria growth are expected to drive the market growth. Read More

The global engineered stone market is expected to grow from $20.20 billion in 2021 to $21.67 billion in 2022 at a compound annual growth rate (CAGR) of 7.30%. The market is expected to reach $29.92 billion in 2026 at a CAGR of 8.40%. Read More

In the month of June, Spain returned to first place in ceramic tile imports with four million square meters, followed by Italy (3.3 million square meters), Mexico (2.95 million square meters), Turkey (2.5 million square meters), India (2.2 million square meters), and Brazil (two million square meters), according to Grosser Consulting. Total imports for the month were 18.8 million square meters, the highest month so far for this year. Read More

Although laminate’s share of the overall floor coverings market looks modest on its face — according to the Catalina Report, it dropped to 3.2 percent of overall dollar share and 3.5 percent overall square footage sales, down from 3.4 percent and 3.8 percent, respectively, in 2020. The category has performed better than it has in years in 2021, due to gains in the overall market. Read More

The flooring industry posted great gains in 2021 and the tile category received a sizeable chunk of the growing pie. According to Catalina Research, dollar sales of tile could have increased by 19.4 percent while square foot sales increased by 11.5 percent. (Stone also saw increases — according to Catalina, sales could have increased by 13 percent in dollars and 8.4 percent in square feet in 2021.) Overall, tile accounted for 12.4 percent of all floor covering sales, Catalina reported, and suppliers were quick to point to where and how the category thrived. Read More

Construction spending on buildings is projected to increase just over 9% this year and another 6% in 2023, according to a new report from the American Institute of Architects (AIA). Read More

In its biggest gain in many years, carpet and area rug sales could have increased by 17.7 percent in dollars and 12.1 percent in square feet in 2021, pushing sales up to $13 billion and volume to 12.8 billion square feet, according to Catalina Research. Read More

This report describes the global market size of Natural and Engineered Stone from 2017 to 2021 and its CAGR from 2017 to 2021, and also forecasts its market size to the end of 2027 and its CAGR from 2022 to 2027. Read More