Dezignare Interior Design Collective Inc.

 
RESOURCES
Allied Services

Interior Designers
Products
State Agencies
EDUCATION
CEUs
Distance Learning
Libraries
Museums

Organizations
Scholarships
Student Corner

Universities
MARKETPLACE
Calendar
Competitions
Computer Programs
Design Centers
Employment
Magazines
NEWS
Articles
New Bulletin

Newsletter
Subscribe

CORPORATE
Define Design
Introduction
Listing Form
Media Kit
Site Map

Search Site Site Map

 HOME    RESOURCES    EDUCATION    MARKETPLACE    NEWS    CORPORATE

PRESS RELEASE 01-16-07

Growing U.S. Ceramic Tile Market to Reach $3 Billion in 2010

NEW YORK, Jan. 16 /PRNewswire/ -- Bolstered by strong growth in the residential and construction markets as well as innovations in design, the U.S. ceramic tile market is expected to continue its healthy growth spurt with an anticipated value topping $3 billion in 2010. Heavy hurricane damage and a surge in renovation and remodeling activities also increased demand, helping the 2005 supply grow by 9% over 2004 according to Ceramic Floor and Wall Tiles in the U.S., a new report from market research publisher SBI, a division of MarketResearch.com.

SBI projects the market will continue to see annual increases in value due in part to continued growth in the non-residential construction sector as well as the current boom in kitchen and bath remodeling. Kitchen remodeling for owner-occupied properties, for example, grew at a CAGR of 46% from 2001 to 2005 with kitchen remodeling expenditures reaching $23 billion in 2005 and contributing greatly to the ceramic tile pot.

At the same time, the popularity of tiles as an affordable alternative to other floorings, such as hard wood, has increased as manufacturers continue to innovate with bolder colors, exotic patterns and unusual shapes, larger tiles, and tiles resembling natural materials, such as wood, stone, textiles, and even animal skins.

"Consumers are falling in love with tiles because besides their aesthetic appeal, they are affordable, moisture-resistant, maintenance-free, and resistant to bugs and termites," notes Tatjana Meerman, Managing Editor of SBI. "We expect the market to continue its growth pattern. However, it will continue to be extremely competitive as domestic manufacturers struggle to keep market share and margins in the face of growing pressures from low-cost imports."

Containing comprehensive data on U.S. shipments, imports and exports, end-use markets, purchaser demographics, and the competitive environment, Ceramic Floor and Wall Tiles in the U.S. identifies key issues and trends affecting the marketplace, and profiles major marketers along with manufacturer and retailer strategies. Priced at $2,500, this report is available from SBI by clicking: http://www.sbireports.com/Ceramic-Floor-Wall-1281509. It is also available at MarketResearch.com.

About SBI

SBI, a division of MarketResearch.com, publishes research reports in the industrial, construction, materials, and consumer goods markets. For more information visit http://www.sbireports.com/, or contact Tom Ehart at , or .

  Contact:
  Tom Ehart
  MarketResearch.com
  
  

Source: SBI

CONTACT: Tom Ehart, MarketResearch.com, ,

Web site: http://www.marketresearch.com/

Dezignare...everything you need to know about interior design.
Dezignaré Interior Design Collective, Inc.

V: F:
©1998-2007 Copyright All Rights Reserved
HOME    RESOURCES    EDUCATION    MARKETPLACE    NEWS    CORPORATE