Articles

In spite of the pandemic, the year 2020 saw an initial partial recovery in global tile production and consumption, after 2 years marked by a downturn. World tile consumption climbed to 16,035 million sqm (+2.5%), while world production, which was hindered by temporary plant interruptions in many countries, grew by 1.7% to 16,093 million sqm. Read More

The Global Luxury Vinyl Tiles Flooring Market size was estimated at USD 21.02 Billion in 2019 and expected to reach USD 23.13 Billion in 2020, at a Compound Annual Growth Rate (CAGR) 10.58% to reach USD 38.45 Billion by 2025. Read More

Amid the COVID-19 crisis, the global market for Flooring estimated at US$ 368.2 Billion in the year 2020, is projected to reach a revised size of US$ 533.9 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Read More

The global ceramic and natural stone tiles market size is expected to reach USD 567.61 billion by 2028 growing at a CAGR of 5.8% over the forecast period. Easy installation and availability in a wide range of options in terms of color and dimensions are projected to augment the product demand over the forecast period. Read More

Ceramic tiles market, which is one of the leading variants of the flooring market has suffered several setbacks during 2020 due to the sudden COVID-19 pandemic. India the second largest ceramic tiles product was one of the worst-hit markets due to the virus outbreak which resulted in a shortage of finished tiles in the market. Read More

Amid the COVID-19 crisis, the global market for Commercial Flooring estimated at US$33.8 Billion in the year 2020, is projected to reach a revised size of US$48.6 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Read More

While COVID-19 had a detrimental effect on some segments of the flooring market, it gave laminate flooring sales a bit of a boost. Due to its low cost and relative DIY-friendliness, people undertaking home improvement projects as a result of their time at home helped keep laminate sales afloat. Read More

Ceramic tile dollar sales could have decreased by an estimated 2.6 percent, while square footage sales decreased by an estimated 1.5 percent in 2020, Catalina reported. Despite a decline in sales, ceramic tile holds the third largest portion of the floor covering market at 13.3 percent share of total floor covering sales, thanks to innovations in technology that allow for competitively priced, realistic wood and stone visuals. Read More

The global industrial flooring market size was valued at $6,299.4 million in 2019, and is projected to reach $8,303.1 million by 2027, registering a CAGR of 5.3% from 2020 to 2027. Read More

According to Catalina Research, in 2020, resilient flooring sales could have increased by 13.8 percent in dollars. Luxury vinyl tile (LVT) sales could have grown by 23.3 percent in dollars, driven largely by the growth in rigid core flooring’s sales — an increase of 39.3 percent in dollars, according to Catalina. “These gains were even sharper than the growth experienced in the non-pandemic year of 2019,” Catalina reported.  Read More