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The flooring industry posted great gains in 2021 and the tile category received a sizeable chunk of the growing pie. According to Catalina Research, dollar sales of tile could have increased by 19.4 percent while square foot sales increased by 11.5 percent. (Stone also saw increases — according to Catalina, sales could have increased by 13 percent in dollars and 8.4 percent in square feet in 2021.) Overall, tile accounted for 12.4 percent of all floor covering sales, Catalina reported, and suppliers were quick to point to where and how the category thrived. Read More

This report describes the global market size of Natural and Engineered Stone from 2017 to 2021 and its CAGR from 2017 to 2021, and also forecasts its market size to the end of 2027 and its CAGR from 2022 to 2027. Read More

Certainly, part of the great sales increase of residential replacement flooring was the increase in existing home sales and an increase in the value of home values. Existing home sales increased by 8.5 percent to 6.12 million unit sales. That sales increase was quite great. On top of that, the median price of the 6.12 million house and condo sales increased by 17.2 percent to $347,100. That too is quite great. Read More

In 2021, U.S. floor coverings sales came roaring back from the pandemic recession as the availability of a COVID-19 vaccination and continued fiscal and monetary stimulus gave consumers the confidence to replace their flooring. According to Catalina Research, residential purchases also received a boost from sharp gains in new home construction and existing home sales due to historic low interest rates. Read More

The dimension stone market is poised to grow by $1.03 bn during 2022-2026, decelerating at a CAGR of 3.6% during the forecast period. Read More

Mohawk Industries announced Q2 2022 net sales of $3.2 billion, an increase of 7% over Q2 2021’s $3.0 billion. For Q2 2022, net earnings were $280 million, a 17% decline compared to Q2 2021’s $336 million. Read More

Flooring Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Product Type, Material, and Application July 28, 2022 from Research and Markets The flooring market… Read More

The global terrazzo flooring market reached a value of US$ 24.13 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 29.7 Billion by 2027, exhibiting a CAGR of 3.52% during 2021-2027. Read More

he National Kitchen & Bath Association (NKBA) has released its midyear 2022 Kitchen & Bath Market Outlook. While both inflation and mortgage rate increases have impacted the segment, the overall annual forecast still represents a double-digit increase over 2021. Read More

“About 3 in 5 homeowners (61 percent) did home improvement projects since March 1, 2020, according to an August 2020 NerdWallet Survey. In 2021, 77 percent of those surveyed were motivated to take on a DIY project to increase the future sale value of their homes, according to an Angi survey of 1,000 U.S. homeowners on the DIY home improvements they made during the pandemic, how much they spent and their successes and failures,” Sommer shared. Read More