Last year was a set up for faster innovation. In 2023, consumers slowed down their remodeling projects thanks to rising interest rates and product costs. Manufacturers took away terms. The Uyghur Forced Labor Prevention Act (UFLPA) continued to challenge many suppliers. Some retailers found their customer looking for bargains, although the high-end customer maintained their search for product quality.
On the flip side, companies are innovating at a faster pace 2024. Our first month of market visits introduced us to new products and digital innovations that will set up the flooring industry for years to come. Watch the video: Installation Solutions at Southwest Flooring Market