The ceramic and stone tile segment of the floor covering product mix is expected to grow by over 17 percent in the next 18 months (see chart 1), according to floor covering retailers/contractors responding to a just-completed study conducted by National Floor Trends magazine in partnership with the market research department of Business News Publishing Co.
The survey, which received a 14 percent response rate, was sent to a representative cross-section of 2,000 active, qualified floor covering dealers/contractors selected on an Nth name basis from the domestic circulation of NFT subscribers.