Articles

The floor covering industry is depends on various general economic conditions, such as consumer confidence, income and spending, corporate and government spending, interest rate levels, availability of credit and demand for housing. Increasing new construction facilities, surging demand of residential buildings, commercial amenities and healthcare facilities are likely to drive the growth of the market. According to the report title, “Global Flooring Market Outlook, 2027” the market was value at around USD 340 Billion in 2021 and it is anticipated to grow with the CAGR of 6.18% from 2022 to 2027. Read More

As of 2020, Millennials and Generation Z account for more than 42 percent of the U.S. population, with Millennials eking past Baby Boomers for the title of the biggest generation. And with Millennials ranging from their mid-20s to early 40s and Gen Zers entering adulthood, these combined demographics make up a significant, lucrative segment of consumers. Ensuring you have not only the products these consumers are looking for, but the messaging and marketing that they respond to, is critical to your success. Read More

In 2021 the worth of Italy’s exports of machines, installations, tools and other equipment to extract and process natural stones rose by 18.5% from the previous year, reaching 1 billion 107.1 million euros. Read More

According to the analysis, in 2019 it took 39 days for a container ship to travel from China to the United States, while in 2020 it took 49 days and in 2021 68. Costs increased as well: in 2019 shipping a container by sea cost an average of US$1,421, rising to US$2,171 in 2020 and to a whopping US$7,556 in 2021. Read More

Final 2021 data processed by the Confindustria Marmomacchine Studies Center confirm the excellent growth in sales to the United States, the top destination market for both finished stone products and complementary stone technologies Made in Italy. Read More

After closing 2020 with a 17.3% drop in sales abroad, the Italian stone industry last year recorded a marked growth in its exports - which affected almost all the main sector reference markets -, linking the economic recovery and the renewed momentum of the construction sector worldwide. Read More

Catalina Research has released its latest Floor Coverings Industry Quarterly Update. According to the report, U.S. floor coverings dollar sales (shipments minus exports plus imports) growth has been increasing at double-digit rates in the first half of 2022. Read More

The annual RēCo Market Intelligence Report has held strong for 19 years. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. Read More

A new publication has been posted to the USGS National Minerals Information Center website at the following link: Stone, Dimension, 2019, tables-only release Read More

Due to a decrease in non-residential spending, some commercial markets experienced a considerable dip during the pandemic (corporate, for example, as many more people worked from home). But activity is returning, and several markets are doing quite well — particularly, healthcare and education — resulting in new innovations around high-performing hard and soft surface products, or hybrid alternatives, to meet the need for mixed-use spaces and added flexibility. Read More