Articles

Flooring Market Growing At 6.5 % CAGR To Reach $450 Billion By 2024 October 9, 2019 by Global Market Insights from TalkFloor The global flooring market size… Read More

U.S. Construction Market 2019/2020: Current Conditions and Future Outlook By Daniel LoBue, Tego Systems Corp. from Flooring Covering Installer Magazine Sept/Oct 2019 Background: Only final revised data published… Read More

U.S. floor coverings demand could increase in the fourth quarter due to the steep drop in interest rates in the second and third quarters of 2019. Declining interest rates has given a boost to U.S. home sales in the third quarter of 2019 for the first time in over a year. Rising home sales, especially in the important re-sale market, has historically stimulated residential floor coverings sales. Read More

Flooring Market Value to Surpass $450 Billion by 2024 September 6, 2019 from Floor Trends Selbyville, Del. — The global flooring industry is expected to cross $450… Read More

Flooring Market to Reach Around $450 Billion by 2026 August 14, 2019 from Floor Covering Weekly Albany, N.Y. — The global flooring market is predicted… Read More

Tuesday, July 30, 2019 By Ryane DeFalco from Floor Covering Weekly Ceramic and porcelain floor and wall tile saw solid growth in 2018. In… Read More

Housing activity is the best barometer for how the flooring industry performed in both residential replacement and builder business. And in 2018, housing activity disappointed. As a consequence, the flooring sales in those two sectors also under-performed, unlike years previous.   Read More

U.S. floor coverings manufacturer sales for 2018 ended up higher than the estimates Catalina issued earlier in the year. Dollar sales (shipments minus exports plus imports) are estimated to have increased by 5.7 percent in 2018 to $27.2 billion, while square foot sales could have increased by 5.1 percent to 23.8 billion. Manufacturer sales strengthened in the second half primarily due to a 20 percent increase in total floor coverings import shipments. Read More

“There’s no question Baby Boomers and Gen X have more money,” said Milton Pedraza, chief executive officer of the Luxury Institute. He added that while younger consumers may have more debt and are less affluent, it’s a matter of time before they catch up as Boomers transfer wealth in inheritances.  Read More

The labor shortage for the remodeling industry continues to impact the industry, according to a recent survey by the National Association of Home Builders (NAHB) Remodelers. NAHB released the survey results, which highlights availability of labor and subcontractors, to kick off National Home Remodeling Month in May. Read More