Articles

The Global Luxury Vinyl Tiles Flooring Market size was estimated at USD 21.02 Billion in 2019 and expected to reach USD 23.13 Billion in 2020, at a Compound Annual Growth Rate (CAGR) 10.58% to reach USD 38.45 Billion by 2025. Read More

Amid the COVID-19 crisis, the global market for Flooring estimated at US$ 368.2 Billion in the year 2020, is projected to reach a revised size of US$ 533.9 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Read More

The global ceramic and natural stone tiles market size is expected to reach USD 567.61 billion by 2028 growing at a CAGR of 5.8% over the forecast period. Easy installation and availability in a wide range of options in terms of color and dimensions are projected to augment the product demand over the forecast period. Read More

Amid the COVID-19 crisis, the global market for Commercial Flooring estimated at US$33.8 Billion in the year 2020, is projected to reach a revised size of US$48.6 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Read More

Ceramic tile dollar sales could have decreased by an estimated 2.6 percent, while square footage sales decreased by an estimated 1.5 percent in 2020, Catalina reported. Despite a decline in sales, ceramic tile holds the third largest portion of the floor covering market at 13.3 percent share of total floor covering sales, thanks to innovations in technology that allow for competitively priced, realistic wood and stone visuals. Read More

The U.S. floor coverings industry had a mixed year in 2020 but it was able to survive the COVID-19 pandemic and end the year on a healthy note. The first half of the year was plagued by the deep pandemic recession, while demand surged in the second half as home renovation spending and new home construction increased sharply. The overall result was a 1.3 percent decrease in U.S. floor coverings manufacturer dollar sales (shipments minus exports plus imports) to $26.7 billion and a 3.2 percent increase in square foot sales to 23.9 billion. Read More

The annual RēCo Market Intelligence Report has held strong for 18 years. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. Read More

Catalina estimates U.S. floor coverings manufacturer sales (shipments minus exports plus imports) could have increased by 8.2 percent in dollars and 6.7 percent in square feet in the first quarter of 2021. The first quarter gain compares to a 1.5 percent decline in dollars sales and a 3.3 percent increase in square foot sales for all of 2020. The rebound has been led by a surge in consumer floor coverings spending, strong builder purchases and strengthening prices. Read More

“We are hearing from builders that they want hard surface products that reduce noise,” Gibson said. “Builders are anticipating longer times at home. This is not a short-term solution; [the pandemic] is changing the way homes are designed and the need to mitigate sound will continue.” He noted the company’s RevWood line in particular is designed with a cushion on the back to help reduce the transmission of sound. Read More

The global stone flooring market grew at a CAGR of around 7% during 2015-2020. Stone flooring is a kind of flooring manufactured using natural solid rocks. The rocks are cut into slabs and further processed to get the desired shape and polish. Slate, marble, limestone, granite and sandstone are some of the commonly used stones for flooring applications. Read More