Flooring LVT – Growth continues

Interesting article in Floor Daily on LVT earlier this year.

logoSome extracts:

  • Market Insights estimates that domestic LVT consumption for 2015 hit $1.185 billion, up nearly 8% from 2014 and now accounting for 12% of total U.S. flooring sales. LVT has now surpassed laminate flooring, which has sales of less than $1.1 billion. It’s also bigger than sheet vinyl ($860 million).
  • According to Santo Torcivia of Market Insights, investments in domestic production over the last few years have topped half a billion dollars, and much of that has been since 2014.
  • LVT is the fastest growing product in the flooring industry

Click to Read full article

This entry was posted in Floor Covering, LVT, Schwabe Die Cutting. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s