Articles

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

After declining for four years, a number of key trends-including the average size of the home and the number of bedrooms and bathrooms-reversed course in 2020 as a result of shifting buyer preferences in the wake of COVID-19. The average size home remained flat at 2,486 square feet, while the percentage of homes with four or more bedrooms and three or more bathrooms rose to 46 percent and 33 percent, respectively-rising closer to 2015 peaks. Read More

The United States Flooring Market is expected to grow from USD 41,365.42 Million/EUR 36,269.98 Million in 2020 to USD 51,606.22 Million/EUR 45,249.31 by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 4.52%. Read More

In 2020, the flooring world experienced a global pandemic, the reinstatement of tariffs on Chinese-made vinyl flooring and supply chain issues. Despite all of this, sales in the resilient category could have increased by more than 7.6 percent during the first nine months of 2020, according to Catalina Research. With its continuously improving visuals, ease of install and hygienic properties, resilient flooring is poised to continue this trajectory in 2021.  Read More

Catalina Research has released its executive summary for 2020 and outlook for 2021. According to the report, the value of U.S. floor coverings manufacturer sales (shipments minus exports plus imports) could have declined 5.7 percent to $25.9 billion in 2020. Square foot sales, however, could have decreased by only 0.9 percent to 23.1 billion. Square foot sales held up better since average selling prices dropped as demand weakened, the report said.  Read More