Segment gets longer, stronger
By Melissa McGuire
Volume 26/Number 19; February 4/11, 2013
Las Vegas—Laminate may not have been the largest flooring category at Surfaces, but one thing was certain: The product still has a significant foothold in the marketplace. An overall consensus among retailers confirmed that while luxury vinyl tile is encroaching on laminate’s market share, the category not only has staying power, but growing power as well.
“Our business has grown 25%-30% this year alone,” said Doron Gal, CEO of Eternity Flooring. Headquartered in Pacoima, Calif., the company had positive feedback from the show and was very happy with the attendance. “We’ve seen more activity at this show than in years past. Even with the economy still down a bit, we’re seeing people buying.” Continue reading Laminate: Neither down nor out