Hardwood market
-
UK hardwood market slow in the face of consumer “hangover”
The UK hardwood market this year is considerably slower than the last two years, now that the COVID home improvement boom is well and truly over. British consumers are suffering from a “hangover” with annual inflation still close to 8% and the bank base rate having been pushed up to 4.5% following 12 consecutive increases since December 2021.... Continue reading
-
June 28, 2023
UK hardwood market slow in the face of consumer “hangover”
The UK hardwood market this year is considerably slower than the last two years, now that the COVID home improvement boom is well and truly over. British consumers are suffering from a “hangover” with annual inflation still close to 8% and the bank base rate having been pushed up to 4.5% following 12 consecutive increases since December 2021.... Continue reading
-
January 10, 2018
Positive outlook for 2018 US hardwood flooring market
Hardwood flooring consumption increased 5.9% in 2016, according to a market research report released by Catalina Research. Growth in laminate flooring was much lower at less than 1%. The US hardwood flooring market was worth US$3.64 billion in 2016. In laminate flooring imports have grown, especially from Asia, but US producers hope that the new federal formaldehyde emission requirements will provide a competitive advantage to domestic manufacturers. Competition from non-wood hard surface floors, especially luxury vinyl tile and wood plastic/polymer composites, is another concern for wood flooring producers. The hardwood flooring market outlook for 2018 is positive. The National Hardwood Flooring Association carried out a survey among its members this year and more than 70% expect sales to grow at least 3% in 2018. One third of manufacturers, distributors, retailers, and... Continue reading
-
June 28, 2023
UK hardwood market slow in the face of consumer “hangover”
The UK hardwood market this year is considerably slower than the last two years, now that the COVID home improvement boom is well and truly over. British consumers are suffering from a “hangover” with annual inflation still close to 8% and the bank base rate having been pushed up to 4.5% following 12 consecutive increases since December 2021.... Continue reading