The North American Laminate Flooring Industry announced a rebound in category sales for 2020. For the full year, NALFA members, who represent most of the Laminate flooring sold in North America, saw sales rise by 14%, this in a year where many other flooring categories were down due to COVID-19. Sales started strong in the year and then surged in the third and 4th quarters of the year, rising over 26% vs 2019 in those 2 quarters. Multiple retailers and contractors have noted a return by consumers to the category due to technological advances and the outstanding durability of the product.
NALFA’s general counsel, David Goch, whose team at Webster, Chamberlain & Bean, LLP is responsible for compiling the Association’s quarterly statistical reports stated, “maintaining strict protocols regarding the confidentiality of the individual company’s information and the process ensures that this important market indicator is both reliable and useful to the industry; particularly during this uncertain and challenging period.”
Dan Natkin of Mannington Mills, Inc. and president of the Association stated “Retailers and contractors are realizing what we’ve said all along, laminate’s life cycle is far from over. It is a truly outstanding product category and recent advances in water resistance and visual innovation are drawing in new consumers.”
To learn more, visit nalfa.com.