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Terrazzo Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global terrazzo flooring market reached a value of US$ 24.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 29.7 Billion by 2027, exhibiting a CAGR of 3.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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:

IMARC Group provides an analysis of the key trends in each sub-segment of the global terrazzo flooring market, along with forecasts at the global, regional and country level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global terrazzo flooring market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global terrazzo flooring market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global terrazzo flooring market and who are the key players?
  • What is the degree of competition in the industry?

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$), 2016-2021
Figure 3: Global: Terrazzo Flooring Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Terrazzo Flooring Market: Breakup by Type (in %), 2021
Figure 5: Global: Terrazzo Flooring Market: Breakup by Application (in %), 2021
Figure 6: Global: Terrazzo Flooring Market: Breakup by Region (in %), 2021
Figure 7: Global: Terrazzo Flooring (Epoxy Terrazzo) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Terrazzo Flooring (Epoxy Terrazzo) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Terrazzo Flooring (Cement-based Terrazzo) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Terrazzo Flooring (Cement-based Terrazzo) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Terrazzo Flooring (Educational Institutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Terrazzo Flooring (Educational Institutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Terrazzo Flooring (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Terrazzo Flooring (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Terrazzo Flooring (Government Buildings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Terrazzo Flooring (Government Buildings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Terrazzo Flooring (Transport Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Terrazzo Flooring (Transport Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Terrazzo Flooring (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Terrazzo Flooring (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Canada: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Canada: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia-Pacific: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia-Pacific: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: China: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: China: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Japan: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Japan: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: South Korea: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: South Korea: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Australia: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Australia: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Indonesia: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Indonesia: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Europe: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Germany: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Germany: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Italy: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Italy: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Spain: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Spain: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Russia: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Russia: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Latin America: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Brazil: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Brazil: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Mexico: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Mexico: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Terrazzo Flooring Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Terrazzo Flooring Market: Breakup by Country (in %), 2021
Figure 69: Middle East and Africa: Terrazzo Flooring Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Terrazzo Flooring Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Terrazzo Flooring Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Terrazzo Flooring Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Terrazzo Flooring Market: Competitive Structure
Table 6: Global: Terrazzo Flooring Market: Key Players


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