Articles

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

Floor & Décor announced Q2 2022 net sales of to $1,090 million, an increase of 27% from $860 million in Q2 2021.Comparable store sales increased 9%. Read More

In 2021, according to Catalina Research, resilient flooring sales could have increased by 30.3 percent in dollars and 19.3 percent in square feet; as a result, resilient flooring could have accounted for 27 percent of total floor coverings dollar sales in 2021 and 31.1 percent of total square foot sales. Read More

Keeping pace with the overall floor coverings market, the hardwood sector saw increases in dollar and square footage sales in 2021. A number of factors contributed to its growth, including its high reliance on a robust builder market, contributing to a 26.2 percent sales increase in dollars and a 12.5 percent gain in square feet. Read More

The housing market has been one of the few bright lights in the economy during the pandemic. House prices have climbed, homebuilding has accelerated and home improvement activity has been extremely strong as households were modifying their homes to their emerging housing needs. After trailing the pace of household growth for almost a decade, residential construction finally picked up. Single-family starts hit 1.1 million in 2021, exceeding the million-unit mark for the first time in 13 years. Multifamily starts were also at a 30-year high, but supply-chain delays have lengthened the time to completion. Read More

Certainly, part of the great sales increase of residential replacement flooring was the increase in existing home sales and an increase in the value of home values. Existing home sales increased by 8.5 percent to 6.12 million unit sales. That sales increase was quite great. On top of that, the median price of the 6.12 million house and condo sales increased by 17.2 percent to $347,100. That too is quite great. Read More