Contemporary Tiles Market: Introduction

  • Contemporary design tiles have a simple design, come in large sizes, and are available in a variety of subtle and attractive colors. A modern floor may be identified by its surface's technical and aesthetic grace and refinement, as well as its material efficiency and color depth. Elegant by definition, it contributes much to the room's character and appeal. The market for contemporary tiles is expected to witness significant growth during the forecast period.

Key Drivers and Opportunities of the Global Contemporary Tiles Market

  • During the forecast period, factors such as an increase in construction activities in developing countries and an increase in the number of households in both developing and developed countries are likely to contribute to the rising demand for contemporary tiles. In addition, modernized lifestyles, rising consumer disposable income, rapid urbanization, a rise in move from unbranded to branded items, and high replacement demand are likely to aid the expansion of the worldwide contemporary tiles market throughout the forecast period.
  • Several benefits are linked to the installation of contemporary tiles. To begin with, contemporary tiles are water-resistant, scratch- and stain-resistant, and frost-resistant. Furthermore, these tiles are simple to clean, durable, and environmentally friendly. With so many benefits, the market for contemporary tiles is likely to rise significantly throughout the forecast period.
  • Manufacturers are extending their market in regions and countries that are seeing significant expansion in construction activities, as these markets may provide future income and market share opportunities to the manufacturers. Moreover, over the forecast period, manufacturers are expected to invest in research and development to reduce the overall cost of tile manufacturing while also responding to individual needs and requirements of customers.
  • Contemporary tile flooring does not adequately absorb or retain heat, so it might feel chilly in the winter. Furthermore, these tiles are heavier and harder than conventional tiles. During the forecast period, these factors are projected to restrain the global contemporary tiles market.

Europe to Hold Major Share of the Global Contemporary Tiles Market

  • In terms of region, the contemporary tiles market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Asia Pacific has emerged as the fastest growing contemporary tiles market due to rising income and consumer expenditure. Contemporary tiles usage in Asia Pacific is predicted to increase in the future years as a result of rising construction activities of residential and commercial buildings in the region due to rapid urbanization and commercialization.
  • The Asia Pacific region has a population of around 4.5 billion people. Majority of this region's population live in developing countries. Rapid economic development in developing countries, along with increased industrialization, commercialization, and urbanization, is predicted to boost the region's income and spending capability. During the forecast period, all of these factors are expected to drive the contemporary tiles market in the region.

Key Players Operating in the Global Contemporary Tiles Market

  • Bedrosians Tile & Stone, Inc.
  • Daltile Corporation
  • Eleganza Tiles, Inc.
  • Florida Tile, Inc.
  • Florim USA
  • Kohler Corporation
  • Mission Stone and Tile
  • Oceanside Glass & Tile
  • Pavé Tile, Wood & Stone, Inc.
  • Villagio Tile & Stone

Global Contemporary Tiles Market: Research Scope

Global Contemporary Tiles Market, by Product Type

  • Printed Contemporary Tiles
    • Geometric
    • Floral
    • Others (Pattern, etc.)
  • Solid Color Contemporary Tiles

Global Contemporary Tiles Market, by Material

  • Metallic
  • Ceramic
  • Marble
  • Others (Limestone, Glass, etc.)

Global Contemporary Tiles Market, by Shape

  • Square
  • Rectangle
  • Round
  • Others (Hexagon, Triangle, etc.)

Global Contemporary Tiles Market, by Size

  • Small
  • Medium
  • Large

Global Contemporary Tiles Market, by Application

  • Wall
  • Floor
  • Exterior
  • Others (Light Commercial, Pool, etc.)

Global Contemporary Tiles Market, by Price

  • Low
  • Medium
  • High

Global Contemporary Tiles Market, by Distribution Channel

  • Direct Channel
  • Indirect Channel

Global Contemporary Tiles Market, by Region

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
  • Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
  • Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
  • Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Contemporary Tiles Market