Articles
North America Wood Flooring Market Size, Share & Trends Analysis Report 2023 - 2030
The North America wood flooring market size is expected to reach USD 8.95 billion by 2030, expanding at a CAGR of 2.4% during the forecast period. This growth can be attributed to Increasing demand for aesthetically, superior and durable floor covering solutions, and consumer trends in floor design. Read More
2023 Spring-Summer Tile Trend Report
At the 2023 edition of Coverings, the largest international ceramic tile event in North America, over 60 premier Italian brands showcased their latest tile and installation products to the market in the Ceramics of Italy Pavilion. Demonstrating the versatility and beauty of Italian tile, the following trends summarize this season’s top trends in color, design and application. Read More
2023 Tile Trends on Display at Coverings
After weeks of counting down, we’re thrilled that Coverings — the most important event of the year for the tile and stone industry — is finally here! Next week, industry professionals ranging from manufacturers and distributors to architects and designers will gather in Orlando. As in previous years, attendees will watch presentations to learn about new industry standards and innovations. But our favorite part of the event is seeing all the new products on display. These past eight weeks, we’ve covered each of the trends we expect to see. With emphasis on timeless luxury, health and wellness, sustainability, and outdoor living, these trends highlight the impact tile can make not only on interior decor, but on mental, physical, and environmental health. Read More
Q1 2023 Ceramic Imports Declined 4.6% in Units YOY
In the first three months of 2023, total U.S. imports of ceramic tile were 44.8 million square meters, according to Grosser Consulting, a 4.6% decline compared to the same period in 2022. Read More
Floor & Décor Sales Rose 9.1% in Q1, Earnings Up 0.8%
Floor & Décor reported a net sales increase of 9.1% to $1,122.1 million in Q1 2023, compared to $1,028.7 million in Q1 2022. Read More
Home Remodeling Market to Contract by 2024
After more than a decade of continuous growth, annual spending on improvements and repairs to owner-occupied homes is expected to decline by early next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA projects that year-over-year expenditures for homeowner improvements and maintenance will post a modest decline of 2.8 percent through the first quarter of 2024. Read More