Resource Management / Whitewares

Rebound in Building Construction Expected to Drive Increased Demand for Decorative Tile

June 3, 2013
/ Print / Reprints /
ShareMore
/ Text Size+
Trans

U.S. demand for decorative tile is forecast to rise 6.7% per year through 2017, reaching 3.2 billion sq ft, valued at $5.7 billion. Gains are expected to be driven by a rebound in building construction spending. The new housing market will see double-digit annual demand growth as housing completions rise from their low 2012 base. Nonresidential demand will also rise at a robust pace, spurred by strong growth in office and commercial construction spending and the increasing use of tile as a durable, low-maintenance flooring alternative to carpets and rugs.

Foreign trade plays a crucial role in the industry; U.S. manufacturers face intense competition in the ceramic tile segment from low-cost producers, while foreign firms with superior access to stone supplies make it very difficult for U.S. manufacturers to offer quality products at sustainable profit margins. These and other trends are presented in “Decorative Tile,” a new study from the Freedonia Group Inc.

Ceramic tile accounted for the largest share of decorative tile demand in 2012, and is expected to remain the leading product type in 2017. Ceramic tile demand is reportedly supported by its low cost and perception as a modern, fashionable surfacing material. However, ceramic tile is predicted to lose market share going forward to stone and porcelain tile, which are seen as having better aesthetic and performance properties.

Natural stone tile is expected to overtake porcelain tile as the second largest type in area demand terms by 2017. Gains will reportedly be spurred by strong residential demand for natural stone flooring; homeowners, for example, are increasingly opting for granite tile flooring because granite is an attractive, durable material that improves the appearance of a room and increases home values.

Porcelain tile demand is predicted to advance about 9% per year through 2017, gaining share in both residential and nonresidential markets. Porcelain tile is durable and slip-resistant, and can be made to resemble such materials as hardwood and natural stone, but at a lower cost. Homeowners can reportedly install porcelain tile as an inexpensive way to enhance the appearance of their homes.

Gains will also come from the increasing use of the product in nonresidential structures, where unglazed porcelain tile finds use in areas with heavy foot traffic, such as shopping malls, office buildings, and health care and educational facilities. However, more rapid growth will be checked by competition from natural stone flooring, particularly in the residential market, as more affluent homeowners opt for stone because it connotes luxury.


 For more details, contact the Freedonia Group Inc. at (440) 684-9600 or info@freedoniagroup.com, or visit www.freedoniagroup.com

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI October 2014 cover

2014 October

Materials advances, refractories and renewable energy - oh, my! Check out our October issue today!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px