Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Published Articles Stone Statistics

Economic Headwinds Loom Large

The last five years saw some of the most cataclysmic changes in society and the economy since the Great Recession. And the last two years were even more tumultuous. Between the global pandemic, an ominous war abroad and major swings in consumer mood and sentiment, it’s hard to pick what the most significant event is. Indeed, there’s a meme going around that says, “When they said history repeats itself, I wasn’t expecting all of the 20th Century in the last two years.” Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Home Depot's Q1 Sales Hit Record High of $38.9B, Earnings Up 2.4%

The Home Depot reported net sales of $38.9 billion for Q1 2022, an increase of 3.8% from Q1 2021’s $37.5 billion. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

ITR Economics Optimistic on Continued Growth in Commercial Sector

At the Starnet meeting in Colorado Springs, Alan Beaulieu of ITR Economics reported that the non-residential flooring market will remain strong through the middle of 2023. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Published Articles Stone Statistics

The Tile Shop Sales Rose 11.3% in Q1, Income Declined 34%

The Tile Shop announced net sales of $102.5 million for Q1 2022, an 11.3% increase compared to sales of $92.1 million in Q1 2021. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Published Articles Stone Statistics

Floor & Decor Reports Strong 1Q Performance

Floor & Decor reported net sales increased 31.5% to $1,028.7 million from $782.5 million in the first quarter of fiscal 2021 and comparable store sales increased 14.3% for the first quarter of fiscal 2022, which ended March 31, 2022. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Published Articles Reports Stone Statistics

U.S. CERAMIC MARKET - Residential carried the ceramic market through commercial's slowdown last year.

Following the inevitable dip ceramic weathered in 2020 as Covid-19 shuttered the economy for six weeks around April, the category rebounded in 2021 . The 17.3% jump in floor + wall tile revenue more than made up for the roughly 2% slide in 2020, according to Market Insights data, but last year, sales prices also rose as supply chain and labor challenges forced multiple price increases across the ceramic industry. In terms of marketshare, ceramic maintained its roughly 14% benchmark of the past few years, falling just slightly from 14.4% in 2020 to 14.0% in 2021. Though not a DIY product, ceramic was buoyed by homeowners' rush to renovate, along with the growing builder market Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Published Articles Reports Stone Statistics

Kitchen & Bath remain strong despite rising prices

Catalina Research has released its latest Kitchen and Bath Quarterly Update. According to the report, U.S. kitchen and bath product sales (shipments minus exports plus imports) showed relatively strong current dollar sales gains as manufacturers passed through rising material, labor and transportation costs. Read More

Ceramic Tile Statistics Industry Statistics Published Articles Stone Statistics

MSI reveals 2022’s Top 5 Design Trends

Five notable and refreshing Ceramic Porcelain Tile and Natural Stone trends are leading the hard surface industry throughout 2022, and MSI has revealed its Top Design Trends for the year including some of the newest on-trend products within hard surface. These five trends explore subtle colorways, natural tones, unique textures, ultra-high-definition inkjet prints and durable waterproof products made for active lifestyles and design that speak to wellness. Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics Stone Statistics

Lowe's Grew Sales 5% in Q4, Earnings Rose 23%

Lowe's reported Q4 2021 sales were $21.3 billion, a 5% increase compared to $20.3 billion in Q4 2020. Comparable sales increased 5.0%. Comparable sales for the U.S. home improvement business increased 5.1% in Q4. Pro customer sales increased 23%. Read More

Ceramic Tile Statistics Industry Statistics Published Articles Stone Statistics

Coverings Reveals Top 10 Tile Trends for 2022

Coverings, the largest international tile and stone exhibition and conference in North America, announced the top 10 tile trends for 2022. The tile trends were gathered and forecasted by the three leading international tile associations and sponsors of Coverings, Ceramics of Italy/Confindustria Ceramica, Ceramic Tile Manufacturers Association of Spain (ASCER)/Tile of Spain and Tile Council of North America (TCNA).  Read More