WarmlyYours Report Finds Radiant Heating Sales In Q2 2020 Were Strong
According to a recent industry report, sales of radiant heating products were driven by growth in the homeowner and trade professional customer segments despite widespread lockdowns due to COVID-19.
WarmlyYours, a manufacturer specializing in radiant heating products like electric floor warming systems, released their “2020 Q2 & Annual Industry Report” recently. This report analyzes the sales of radiant heating products within the wider context of the national housing and remodeling markets. One of the primary conclusions drawn in the report was that WarmlyYours saw significant upticks in sales for the homeowner and trade professional customer segments (these 2 customer segments make up over 50% of WarmlyYours sales volume). Homeowner sales were up 57.3% and trade professional sales were up 4.6% in consolidated sales for Q2 2020 when compared to the prior year period. While the trade professional channels growth was slower than homeowners, the total sales volume increase was very comparable.