Global Tile And Terrazzo Contractors Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
12 Jul, 2023
The global tile and terrazzo contractors market size is expected to grow from $90.71 billion in 2022 to $98.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global tile and terrazzo contractors market size is expected to reach $130.78 billion in 2027 at a CAGR of 7.4%.
Global Tile And Terrazzo Contractors Market Key Driver
Increased building and renovation activity is projected to drive the growth of the tile and terrazzo contractors market in the coming years. Laying tile and terrazzo is a crucial phase in building construction and renovation. It covers the floors of buildings and improves their aesthetic value as well as practicality, such as high durability and anti-slip properties. Tile and terrazzo contractors lay these tiles and terrazzo on the flooring of new and ancient buildings.
Get a sample of the global tile and terrazzo contractors market reportGlobal Tile And Terrazzo Contractors Market Segments
The global tile and terrazzo contractors market is segmented:
1) By Type: Ceramic Tile Installation, Mosaic Work, Mantel, Marble Or Stone, Installation, Tile (Except Resilient) Laying and Setting, Stone Flooring Installation, Marble, Granite, And Slate, Interior Installation Contractors
2) By Work: New Work, Additions, Alterations, Maintenance, Repairs
3) By Service Provider: Large Chain Companies, Independent Contractors
4) By Application: Educational Institutions, Commercial, Government Buildings, Transport Infrastructure, Others
5) By Geography: The regions covered in the tile and terrazzo contractors market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global tile and terrazzo contractors market.
Major Tile And Terrazzo Contractors Industry Players
The Stonhard Group, Diespeker & Co, Quiligotti Terrazzo Tiles Limited, KREZ Group, Arizona Tile LLC, American Marazzi Tile Inc., United Tile Co Inc., Florim Usa Inc., David Allen Company Inc., Imperial Flooring Systems Inc., Stone & Terrazzo World Inc., Yorie Tile & Terrazzo Inc, Michielutti Bros.Inc, Venable Terrazzo Company, Durite
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Tile And Terrazzo Contractors Market Overview
Tile and terrazzo contractors are experts in the installation, maintenance, and other architectural aspects of different kinds of tile and terrazzo floors. The flooring material known as tile is constructed of ceramic, porcelain, glass, or stone, whereas terrazzo is a composite consisting of marble, quartz, or granite chips combined with cement or epoxy resin.
Tile And Terrazzo Contractors Global Market Report 2023 provides data on the global tile and terrazzo contractors market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The tile and terrazzo contractors market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.