Following are results from the National Floor Trends Market Trends Study completed prior to Surfaces 2003. The data derived from this and our product segment-specific studies should be used to identify current product/sales trends and their direction in the future.
The market trends study explored consumer perceptions of all types of floor coverings, manufacturer/distributor relationships and performance, investment, and business expansion.
Our survey respondents view the residential and commercial segments with optimism for increased business and growth. The reasons for growth in the two sectors are similar: new home/commercial construction; area growth; improved economic conditions; low interest rates; increased customer demands; increases in market share; and a growing replacement market.