Floor Covering Products Press Release Published Articles

TISE 2023 Attendance Up 67% Over 2022 Event

The International Surface Event (TISE): Surfaces | StonExpo | TileExpo, held on Las Vegas January 31 to February 2, experienced a 67% increase in attendance over the 2022 event with double-digit increases again over events going as far back as before 2019. Read More

Ceramic Tile Statistics Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Stone Statistics

Lowe's Reports 5% Sales Increase for Q4, Earnings Down 21%

Lowe’s announced Q4 2022 sales were $22.4 billion, a 5% increase compared to $21.3 billion in Q4 2021. Comparable sales for Q4 decreased 1.5%, and comparable sales for the U.S. home improvement business decreased 0.7%. Read More

Ceramic Tile Statistics Competitive Intelligence Floor Covering Products Industry Forecasts Industry Statistics Stone Statistics

Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2022 Financial Results

Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the fourth quarter and fiscal year ended December 29, 2022. Read More

Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics

Home Depot Q4 Sales and Earnings Virtually Flat

The Home Depot announced sales for Q4 2022 were $35.8 billion, a 0.3% increase from Q4 2021’s $35.7 million. Read More

Ceramic Tile Statistics Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Reports

Ceramics Market Size, Share & Trends Analysis Report - Forecasts to 2030

The global ceramics market size is anticipated to reach USD 359.35 billion by 2030 registering a 5.2% CAGR from 2023 to 2030. The rising penetration of ceramics in the medical and construction industries is anticipated to propel market growth in the forecast period. Read More

Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics

RFCI: Resilient Floors Show No Sign of Slowdown in 2023

The resilient flooring category, which is nearing $7 billion in sales annually, is showing no signs of slowing down in 2023 despite some broader economic headwinds, according to a panel of resilient flooring exerts who spoke at The International Surfaces Event in Las Vegas. Read More

Ceramic Tile Statistics Floor Covering Products Industry Forecasts Industry Statistics

Ceramic Tile Imports Rose to $2.2 Billion in 2022, Down in Units

According to data released by the U.S. Department of Commerce, in the year 2022, the United States imported 202.7 million square meters of ceramic tile for a total value of $2.206 billion. Read More

Ceramic Tile Statistics Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics

Mohawk Sales Declined 3.6% in Q4, Earnings Down 82%

Mohawk’s net sales for Q4 2022 were $2.7 billion, a 3.6% decline compared to Q4 2021’s $2.8 billion. Read More

Ceramic Tile Statistics Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Stone Statistics

U.S.-China Trade On the Rise, As Flooring Imports from China Decline

Despite security concerns, U.S. commerce with China is on the rise, reports the Wall Street Journal. However, flooring imports from the country have been in decline, says analyst Santo Torcivia of Market Insights. Read More

Floor Covering Products Industry Forecasts Industry Statistics

Homebuyer Preferences Continue to Shift Post-Covid

Homebuyer preferences have continued to shift home building trends in the wake of Covid-19. Following a brief uptick in new home sizes in 2021, the average size of a new home dropped slightly from 2,525 square feet to 2,480 square feet in 2022, and the percentage of new homes with 3+ full bathrooms and 3+ car garages dipped to 33% and 17%, respectively. Read More