Articles

In the first six months of 2024, total U.S. imports of ceramic tile were 88.4 million square meters, a decline of 4.3% from the same period in 2023 when imports were 92.4 million square meters, according to Grosser Consulting. Read More

Houzz Inc., the leading platform for home remodeling and design, empowering industry professionals and their clients with all-in-one project management and design software, today released the Q3 2024 Houzz U.S. Renovation Barometer. The Barometer found increases in Q2 business activity compared with Q1 among home remodeling and design professionals. This is the fourth consecutive quarter-over-quarter increase for architectural and design pros. Notably, it also marks the first positive shift in the construction sector following two years of decline. Businesses across all sectors remain mildly optimistic about activity in the coming quarter. Read More

U.S. ceramic tile consumption 1Q 2024 YTD was 624.5 million sq. ft., down 10.7% from 1Q 2023 YTD. 1Q 2024 YTD U.S. ceramic tile imports were at 427.8 million sq. ft., an 11.4% decline from 1Q 2023 YTD. Read More

Wood’s Post-COVID Decrease Tuesday, July 30, 2024, from Floor Covering Weekly By Angelique Dorcely Category sees a decline after two-year uptick While hardwood… Read More

As the tile market grows within the U.S., the export and import market for tile evolves as well. Catalina Research and the U.S. Department of Commerce reported that in 2023, ceramic and porcelain tile imports value was $2,561 million; its volume in square feet was 1,997 million, down 376 million square feet from 2022. Read More

After maintaining a robust performance in 2022, porcelain and ceramic tile experienced a slight downturn in 2023, mirroring the tumult seen in the real estate market thanks to high interest rates. Catalina Research reported that, in 2023, tile’s estimated sales value was $4.31 billion, a 3.5 percent decrease from 2022. This equals 3.15 billion square feet of product sold in 2023, down roughly 254,00 million square feet from 2022. This difference in value from 2022 is the first decrease tile has posted in five years. Read More

Resilient flooring in total has been the industry growth leader for the past two decades charting a meteoric rise and capturing the second largest piece of the floor covering pie in 2023 — LVT alone accounts for 27.6 percent of manufacturers’ sales. Still, the category has been challenged as market sales values have dropped across categories from 2022 to 2023. Read More

U.S. floor coverings sales declined in 2023 after two years of relatively strong growth, according to Catalina Research. Rising interest rates resulted in a declining housing market which caused flooring purchases to drop. Total U.S. housing demand (resales, new starts and manufactured home shipments) decreased 28.6 percent between 2021 and 2023 as mortgage interest rates surged by 129.4 percent. Housing demand drives floor covering spending since some 60 percent of the total market comes from homeowner and builder purchases. Meanwhile, commercial market sales opportunities remained on an upward trend since nonresidential building construction spending continued to increase at double-digit rates. Commercial market growth, however, could not offset the decline in residential markets. Read More

Mohawk Industries has published its 15th annual impact report, Surfaces with Purpose, which documents the company’s 2023 progress toward its sustainability goals. With teams and manufacturing facilities in 19 countries, Mohawk is the world’s largest flooring manufacturer. The company offers a comprehensive portfolio of residential and commercial products aligned with local market preferences, including a broad selection of sustainable products in every category. Read More

Encouraging signs of economic recovery following the lingering challenges from the COVID-19 pandemic continued in 2023 for the commercial contract flooring market, although not to the extent of 2022’s 13.1% increase in dollars. FCNews research shows total commercial sales reached $7.227 billion in 2023—a 1.5% decrease from 2022. This compares favorably to overall industry sales, which were off 10.1% from the year prior. Read More