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Terrazzo Flooring Market Report by Type (Epoxy Terrazzo, Cement-based Terrazzo), Application (Educational Institutions, Commercial, Government Buildings, Transport Infrastructure, and Others), and Region 2024-2032

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    Report

  • 149 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5820623
Description Jump to:
The global terrazzo flooring market size reached US$ 25.9 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 33.4 Billion by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2023-2032.

Terrazzo flooring is made by combining granite, marble, quartz, shell, glass, or other suitable materials with a cement or epoxy resin binder. It comprises epoxy and cementitious floorings which can be used both indoors and outdoors. It is non-porous, mold and chemical resistant with low maintenance and lifecycle costs, and easy to clean without any scouring, polishing, or scrubbing. It has high durability, better color consistency and performance, and anti-slip features. As a result, terrazzo flooring finds extensive applications in the education, healthcare, residential, commercial, and government sectors.

Terrazzo Flooring Market Trends:

At present, there is a rise in construction and renovation activities in the residential and commercial sectors around the world. This, along with the growing demand for green and eco-friendly floorings, represents one of the key factors driving the market. Moreover, there is an increase in the construction of educational institutes and universities worldwide. This, coupled with the rising interior designing in the construction industry, is strengthening the growth of the market. Additionally, the escalating demand for aesthetically appealing outdoor entertainment areas among millennial property buyers is positively influencing the market. Apart from this, several benefits offered by terrazzo floorings, such as creative finishing and high design flexibility, are propelling the growth of the market. Besides this, rising investments in retrofitting activities across the globe are offering lucrative growth opportunities to industry investors. In addition, key market players are focusing on various marketing strategies, such as business development and mergers and acquisition (M&A), to increase their overall sales and profitability. In line with this, the versatility and suitability of terrazzo floorings for bedrooms, bathrooms, or kitchens is bolstering the growth of the market.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global terrazzo flooring market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:

Epoxy Terrazzo
Cement-based Terrazzo

Breakup by Application:

Educational Institutions
Commercial
Government Buildings
Transport Infrastructure
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 4M Group, Concord Terrazzo Company Inc., Diespeker & Co., Kingspan Group plc, KREZ Group, Quiligotti Terrazzo Tiles Limited, RBC Industries Inc., RPM International Inc., Terrazzo Masters and The Venice Art Terrazzo Co. Inc.

Key Questions Answered in This Report

1. How big is the global terrazzo flooring market?
2. What is the expected growth rate of the global terrazzo flooring market during 2024-2032?
3. What are the key factors driving the global terrazzo flooring market?
4. What has been the impact of COVID-19 on the global terrazzo flooring market?
5. What is the breakup of the global terrazzo flooring market based on the type?
6. What is the breakup of the global terrazzo flooring market based on the application?
7. What are the key regions in the global terrazzo flooring market?
8. Who are the key players/companies in the global terrazzo flooring market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Terrazzo Flooring Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Epoxy Terrazzo
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cement-based Terrazzo
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Educational Institutions
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commercial
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Government Buildings
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Transport Infrastructure
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 4M Group
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Concord Terrazzo Company Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Diespeker & Co.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Kingspan Group plc
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 KREZ Group
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Quiligotti Terrazzo Tiles Limited
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 RBC Industries Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 RPM International Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Terrazzo Masters
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 The Venice Art Terrazzo Co. Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Terrazzo Flooring Market: Major Drivers and Challenges
Figure 2: Global: Terrazzo Flooring Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Terrazzo Flooring Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Terrazzo Flooring Market: Breakup by Type (in %), 2023
Figure 5: Global: Terrazzo Flooring Market: Breakup by Application (in %), 2023
Figure 6: Global: Terrazzo Flooring Market: Breakup by Region (in %), 2023
Figure 7: Global: Terrazzo Flooring (Epoxy Terrazzo) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Terrazzo Flooring (Epoxy Terrazzo) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Terrazzo Flooring (Cement-based Terrazzo) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Terrazzo Flooring (Cement-based Terrazzo) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Terrazzo Flooring (Educational Institutions) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Terrazzo Flooring (Educational Institutions) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Terrazzo Flooring (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Terrazzo Flooring (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Terrazzo Flooring (Government Buildings) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Terrazzo Flooring (Government Buildings) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Terrazzo Flooring (Transport Infrastructure) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Terrazzo Flooring (Transport Infrastructure) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Terrazzo Flooring (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Terrazzo Flooring (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: North America: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: North America: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: United States: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: United States: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Canada: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Canada: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Asia-Pacific: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Asia-Pacific: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: China: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: China: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Japan: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Japan: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: India: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: India: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: South Korea: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: South Korea: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Australia: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Australia: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Indonesia: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Indonesia: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Others: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Others: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Europe: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Europe: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Germany: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Germany: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: France: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: France: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: United Kingdom: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: United Kingdom: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Italy: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Italy: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Spain: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Spain: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Russia: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Russia: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Others: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Others: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Latin America: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Latin America: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Brazil: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Brazil: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Mexico: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Mexico: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Others: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Others: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Middle East and Africa: Terrazzo Flooring Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Middle East and Africa: Terrazzo Flooring Market: Breakup by Country (in %), 2023
Figure 69: Middle East and Africa: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Global: Terrazzo Flooring Industry: SWOT Analysis
Figure 71: Global: Terrazzo Flooring Industry: Value Chain Analysis
Figure 72: Global: Terrazzo Flooring Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Terrazzo Flooring Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Terrazzo Flooring Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Terrazzo Flooring Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Terrazzo Flooring Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Terrazzo Flooring Market: Competitive Structure
Table 6: Global: Terrazzo Flooring Market: Key Players

Companies Mentioned

  • 4M Group
  • Concord Terrazzo Company Inc.
  • Diespeker & Co. Kingspan Group plc
  • KREZ Group
  • Quiligotti Terrazzo Tiles Limited
  • RBC Industries Inc.
  • RPM International Inc.
  • Terrazzo Masters
  • The Venice Art Terrazzo Co. Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages149
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 25.9 Billion
Forecasted Market Value ( USD ) by 2032 $ 33.4 Billion
Compound Annual Growth Rate2.9%
Regions CoveredGlobal
No. of Companies Mentioned9

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About the Terrazzo Market

Terrazzo is a type of tile that is made from a combination of marble, quartz, granite, glass, and other materials. It is a popular choice for flooring, countertops, and other surfaces due to its durability and unique look. Terrazzo is often used in commercial and residential settings, and is available in a variety of colors and patterns. The terrazzo tile market is highly competitive, with a wide range of products available from different manufacturers. Many companies offer custom designs and colors, allowing customers to create unique looks for their homes and businesses. Terrazzo tiles are also available in a variety of sizes and shapes, making them suitable for a variety of applications. Some of the leading companies in the terrazzo tile market include Daltile, Crossville, Florida Tile, and American Olean. These companies offer a wide range of products, from traditional terrazzo tiles to modern designs. They also provide installation services, allowing customers to have their terrazzo tiles professionally installed. Show Less Read more

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