The Flooring Market, especially Luxury Vinyl Tiles and Planks, continue to show growth across USA and Europe, which is good news, as SCHWABE USA supplies die cutting presses and cutting systems to major global manufacturers in the Flooring Industry.
SCHWABE USA has developed robust die cutting presses specifically designed to cut carpet tiles, luxury vinyl tiles (LVT) for accurate and fast results.
In the USA there is a notable pent up demand since the market recession in 2009-2010, and the market still remains 27% below the peak year of 2005.
In USA the Luxury Vinyl Tile (LVT) sector is showing sales growth in the US marketplace, with an annual growth rate of 13% reflecting the strong consume demand for the product which has excellent visuals that can be made to look like wood, stone or any other material,
Many of the Global Floor Manufacturers have reshored production to USA from China and built new facilities or converted existing plants to produce LVT.
SCHWABE USA cutting presses are engineered and built in Cincinnati, Ohio, USA