Articles
GCC Ceramic Tiles Market Size, Share & Trends Analysis Report By Product (Glazed Ceramic Tiles, Porcelain), By Application, By End-use (Residential, Commercial), By Country, And Segment Forecasts, 2023 - 2030
The GCC ceramic tiles market size is expected to reach USD 16.82 billion by 2030, growing at a CAGR of 8.4% during the forecast period. Rising investment in construction projects by the governments of Saudi Arabia, the UAE, and Qatar to boost economic growth in their respective countries is expected to drive the construction industry, thereby, augmenting the demand in the market over the forecast period. Read More
TCNA to Hold Tile Heritage Foundation Exhibit TexTiles
The Tile Council of North America (TCNA) welcomes the public to attend the festive opening reception of the Tile Heritage Foundation's exhibit, TexTiles, December 1, 2023, Simpsonville, South Carolina. Read More
The Home Depot to Acquire International Designs Group
Home Depot entered into an agreement to acquire International Designs Group (IDG)—a construction materials conglomerate that includes UMI, Construction Resources (CR), Marva, European Granite & Marble Group, and Cancos Tile & Stone—from private equity firm Mill Point Capital. Read More
Ceramic Imports to U.S. Declined 10.1% in First 9 Months of 2023
In the first nine months of 2023, total US imports of ceramic tile were 141.6 million square meters, a decline of 10.1% from the same period in 2022 when imports were 157.5 million square meters, reports Grosser Consulting. Read More
Floor & Decor Comparable Store Sales Declined 9.3% in Q3
Floor & Décor reported net sales of $1.1 billion in Q3 2023, up 0.9% from $1.1 billion in Q3 2022. Read More
Mohawk's Sales Declined 5% in Q3, Earnings Loss of $760 Million
Mohawk reported net sales of $2.8 billion for Q3 2023, a 5% decline compared to sales of $2.9 billion in the same quarter last year. The company reported an earnings loss of $760 million for Q3 2023, compared to a loss of $534 million in Q3 2022. Read More
Remodeling sales weaken, commercial sales gain
U.S. floor coverings manufacturer sales (shipments minus exports plus imports) continued to decline in the third quarter, however, at a more moderate rate. Dollar sales could have declined by 4.3 percent in dollars and 4.4 percent in square feet. This compares to an 8.1 percent drop in dollar sales and a 9.5 percent decrease in square feet in the first half of 2023. Read More
The 40th Cersaie, which ended on 29 September in Bologna, registered a total of 99,319 visitors (8.8% more than in 2022), including more than 47,000 international attendees.
The 40th Cersaie, held in the Bologna Exhibition Centre from 25 to 29 September, showcased an astonishing array of high-quality and innovative products in visually captivating and emotionally engaging booths. The hard work and investment on the part of the exhibiting companies was amply rewarded by the success of the event, with results that surpassed all expectations. Read More
Cersaie 2023 Attendance Up 9% to 99,300
The 40th Cersaie, the International Exhibition of Ceramic Tile and Bathroom Furnishings held in the Bologna exhibition center from September 25 to 29, registered 99,319 visitors over the five days of the show, an increase of 8.8% compared to last year’s edition. Read More