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Luxury Tiles Market by Type (Ceramic, Vinyl, Gypsum, Metal, Mineral Wool, Other) by Application (Wall Tiles, Floor Tiles, Ceiling Tiles) by End-user (Residential Construction, Commercial Construction): Global Industry Size, Share, Statistics and Forecast 2016 – 2028

Summary
Table Of Content

Luxury tiles are used to cover floors in both residential and commercial properties. They are made of different materials, including porcelain, ceramic, metal, natural stone, or vinyl. This market research will mainly focus on the vinyl tiles market, but these markets go almost hand in hand. Luxury Vinyl Tiles, or LVT for short, are tiles used to emulate the look of other materials like granite, wood, or any other type of material you may want. These tiles are the most common type in the Luxury Tiles Market.

The luxury tiles market on the global level generated revenue worth USD 50.67 billion in 2020, with around a 12.39% decline as compared to the previous year. However, the global Luxury Tiles market is likely to recover with the strong revival of construction activities and is projected to reach over USD 95.46 billion by the end of 2027. While incremental growth opportunity is expected to be USD 555 billion between 2021 and 2027.

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Interesting Facts about Luxury Tiles Industry-

Pietra Firma Lux Touch is the most expensive luxury tile in the world, costing up to a million dollars per square meter.
LVT is the most commonly used luxury tile
The gray color is most widely preferred for flooring.
Many substitutes are available for Luxury Tiles, such as marble, granite, etc.
Per Capita Expenditure on Luxury Tiles has reached an all-time high in Europe with over USD 35 per head.

Impact of Covid-19 on the Luxury Tiles Market

COVID-19 significantly impacted economies as a whole, and the effect on the luxury tiles market was not any different. There were many concerns about transactions stopping as more and more manufacturing plants closed down because of the pandemic. Lockdown restrictions placed by governments also slowed down this industry a lot during 2020.

Rise in Construction

The luxury tiles market grew substantially before the covid 19 pandemic for a few years and is expected to grow again over the forecasted period. As the construction industry keeps expanding and growing worldwide, the need for new and better tiles keeps growing too. There has been a rise in the global real estate industry which can help sustain the luxury tiles market for the foreseeable future. New commercial and residential projects always require suitable flooring and the tiles industry is there to provide it.

Growing Desire for Luxury Lifestyle

The increase in disposable income of the average consumer resulting in an increase in purchases of luxury tiles for residential purposes is a major driving factor of the luxury tiles market. In addition, more and more people are buying better and newer tiles for their homes as they can afford more.

Luxury vinyl tiles improve the look of buildings and have many benefits such as high durability, more comfort, and more resistance to different weather conditions. All these benefits are growing this market significantly.

The use of luxury tiles in commercial projects is the most significant driving factor in this market. Commercial properties like airports, schools, malls, and especially hospitals, where many people walk constantly, require good and durable luxury tiles.

Luxury vinyl tiles are straightforward to install for the average consumer, easy to maintain, and resistant to different chemicals. All these benefits make them very appealing for use in commercial and residential properties and are expected to grow the demand of this particular market.

Challenges in Repair and Replacement

The difficulty of repairing and replacing luxury tiles is the primary restraint the luxury tiles market is expected to face for the forecasted period. Luxury tiles, once chipped or cracked, cannot be repaired and must be replaced, for which the process can be long and difficult.

Another restraint this market is expected to face is the rise of environmental concerns about the raw materials that might be getting used to manufacture these tiles. Also, the constantly changing prices of said raw materials can hamper the market’s growth.

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LVT to Dominate the Demand for Luxury Tiles

Ceramic, Vinyl, Gypsum, Metal, and Mineral Wool are major types of luxury tiles. Among all, luxury vinyl tiles are the leading segment of the global luxury tiles market by type, with over 35% share in total revenue generated in 2020. While on the basis of application, the international luxury tiles market is classified as Wall Tiles, Floor Tiles, and Ceiling Tiles. Floor tiles dominated the revenue generation with around 55% share in 2020.

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Luxury Tiles Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Luxury Tiles Market Value, 2015-2027, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2020

3.3.1. Type

3.3.2. Application

3.3.3. End-user

3.3.4. Geography

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Types

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2020

4.1. Company market share of key players, 2020

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Luxury Tiles Market Pre Vs Post COVID 19, 2019 – 2027

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Luxury Tiles Market, by Country, 2015-2027(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Luxury Tiles Market, by Type, 2015-2027(US$ Bn)

6.2.1. Overview

6.2.2. Ceramic

6.2.3. Vinyl

6.2.4. Gypsum

6.2.5. Metal

6.2.6. Mineral Wool

6.3. North America Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

6.3.1. Overview

6.3.2. Wall Tiles

6.3.3. Floor Tiles

6.3.4. Ceiling Tiles

6.4. North America Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

6.4.1. Overview

6.4.2. Residential Construction

6.4.3. Commercial Construction

7. Europe

7.1. Europe Luxury Tiles Market, by Country, 2015-2027(US$ Bn)

7.1.1. UK

7.1.2. France

7.1.3. Germany

7.1.4. Italy

7.1.5. Russia

7.1.6. Spain

7.1.7. Belgium

7.1.8. Netherland

7.1.9. Austria

7.1.10. Sweden

7.1.11. Poland

7.1.12. Denmark

7.1.13. Switzerland

7.1.14. Rest of Europe

7.2. Europe Luxury Tiles Market, by Type, 2015-2027(US$ Bn)

7.2.1. Overview

7.2.2. Ceramic

7.2.3. Vinyl

7.2.4. Gypsum

7.2.5. Metal

7.2.6. Mineral Wool

7.3. Europe Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

7.3.1. Overview

7.3.2. Wall Tiles

7.3.3. Floor Tiles

7.3.4. Ceiling Tiles

7.4. Europe Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

7.4.1. Overview

7.4.2. Residential Construction

7.4.3. Commercial Construction

8. Asia Pacific

8.1. Asia Pacific Luxury Tiles Market, by Country, 2015-2027(US$ Bn)

8.1.1. China

8.1.2. Japan

8.1.3. South Korea

8.1.4. India

8.1.5. Australia

8.1.6. New Zealand

8.1.7. Taiwan

8.1.8. Southeast Asia

8.1.9. Central Asia

8.1.10. Rest of Asia Pacific

8.2. Asia Pacific Luxury Tiles Market, by Type, 2015-2027(US$ Bn)

8.2.1. Overview

8.2.2. Ceramic

8.2.3. Vinyl

8.2.4. Gypsum

8.2.5. Metal

8.2.6. Mineral Wool

8.3. Asia Pacific Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

8.3.1. Overview

8.3.2. Wall Tiles

8.3.3. Floor Tiles

8.3.4. Ceiling Tiles

8.4. Asia Pacific Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

8.4.1. Overview

8.4.2. Residential Construction

8.4.3. Commercial Construction

9. Latin America

9.1. Latin America Luxury Tiles Market, by Country, 2015-2027(US$ Bn)

9.1.1. Brazil

9.1.2. Argentina

9.1.3. Peru

9.1.4. Chile

9.1.5. Colombia

9.1.6. Rest of Latin America

9.2. Latin America Luxury Tiles Market, by Type, 2015-2027(US$ Bn)

9.2.1. Overview

9.2.2. Ceramic

9.2.3. Vinyl

9.2.4. Gypsum

9.2.5. Metal

9.2.6. Mineral Wool

9.3. Latin America Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

9.3.1. Overview

9.3.2. Wall Tiles

9.3.3. Floor Tiles

9.3.4. Ceiling Tiles

9.4. Latin America Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

9.4.1. Overview

9.4.2. Residential Construction

9.4.3. Commercial Construction

10. Middle East

10.1. Middle East Luxury Tiles Market, by Country, 2015-2027(US$ Bn)

10.1.1. UAE

10.1.2. KSA

10.1.3. Israel

10.1.4. Turkey

10.1.5. Iran

10.1.6. Rest of Middle East

10.2. Middle East Luxury Tiles Market, by Type, 2015-2027(US$ Bn)

10.2.1. Overview

10.2.2. Ceramic

10.2.3. Vinyl

10.2.4. Gypsum

10.2.5. Metal

10.2.6. Mineral Wool

10.3. Middle East Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

10.3.1. Overview

10.3.2. Wall Tiles

10.3.3. Floor Tiles

10.3.4. Ceiling Tiles

10.4. Middle East Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

10.4.1. Overview

10.4.2. Residential Construction

10.4.3. Commercial Construction

11. Africa

11.1. Africa Luxury Tiles Market, by Country, 2015-2027(US$ Bn)

11.1.1. South Africa

11.1.2. Egypt

11.1.3. Nigeria

11.1.4. Rest of Africa

11.2. Africa Luxury Tiles Market, by Type, 2015-2027(US$ Bn)

11.2.1. Overview

11.2.2. Ceramic

11.2.3. Vinyl

11.2.4. Gypsum

11.2.5. Metal

11.2.6. Mineral Wool

11.3. Africa Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

11.3.1. Overview

11.3.2. Wall Tiles

11.3.3. Floor Tiles

11.3.4. Ceiling Tiles

11.4. Africa Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

11.4.1. Overview

11.4.2. Residential Construction

11.4.3. Commercial Construction

12. Global

12.1. Global Luxury Tiles Market, by Type, 2015-2027(US$ Bn)

12.1.1. Overview

12.1.2. Ceramic

12.1.3. Vinyl

12.1.4. Gypsum

12.1.5. Metal

12.1.6. Mineral Wool

12.2. Global Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

12.2.1. Overview

12.2.2. Wall Tiles

12.2.3. Floor Tiles

12.2.4. Ceiling Tiles

12.3. Global Luxury Tiles Market, by Application, 2015-2027(US$ Bn)

12.3.1. Overview

12.3.2. Residential Construction

12.3.3. Commercial Construction

13. Company Profiles

13.1. Armstrong World Industries, Inc.

13.2. Techno Ceiling Products

13.3. ROCKFON

13.4. Saint-Gobain S.A.

13.5. Grenzebach BSH GmbH

13.6. Odenwald Faserplattenwerk GmbH

13.7. SAS International

13.8. USG Corporation

13.9. Knauf

13.10. New Ceiling Tiles, LLC

13.11. Beaulieu International Group N.V.

13.12. Congoleum Corporation

13.13. Daejin Co., Ltd

13.14. Gerflor Group

13.15. Parador GmbH

13.16. Raskin Industries LLC

13.17. Tarkett S.A.

13.18. Others

List of Figures

FIG. 1 Global Luxury Tiles Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Luxury Tiles Market Segmentation

FIG. 4 Global Luxury Tiles Market, by Type, 2019 (US$ Bn)

FIG. 5 Global Luxury Tiles Market, by Application, 2019 (US$ Bn)

FIG. 6 Global Luxury Tiles Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Luxury Tiles Market Manufacturers, 2019

FIG. 9 Global Luxury Tiles Market Value Contribution, By Type, 2020 & 2027 (Value %)

FIG. 10 Global Luxury Tiles Market, by Ceramic Luxury Tiles, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Luxury Tiles Market, by Vinyl Luxury Tiles, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Luxury Tiles Market, by Gypsum Luxury Tiles, Value, 2015-2027 (US$ Bn)

FIG. 13 Global Luxury Tiles Market, by Metal and Mineral Wool Luxury Tiles, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Luxury Tiles Market Value Contribution, By Application, 2020 & 2027 (Value %)

FIG. 15 Global Luxury Tiles Market, by Wall Tiles, Value, 2015-2027 (US$ Bn)

FIG. 16 Global Luxury Tiles Market, by Ceiling Tiles, Value, 2015-2027 (US$ Bn)

FIG. 17 Global Luxury Tiles Market, by Floor Tiles, Value, 2015-2027 (US$ Bn)

FIG. 18 Global Luxury Tiles Market Value Contribution, By End-user, 2020 & 2027 (Value %)

FIG. 19 Global Luxury Tiles Market, by Residential Construction, Value, 2015-2027 (US$ Bn)

FIG. 20 Global Luxury Tiles Market, by Commercial Construction, Value, 2015-2027 (US$ Bn)

FIG. 21 U.S. Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 22 Rest of North America Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 23 U.K. Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 24 Germany Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 25 France Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 26 Italy Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 27 Spain Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 28 Russia Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 29 BENELUX Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 30 Poland Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 31 Austria Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 32 Rest of Europe Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 33 Japan Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 34 China Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 35 India Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 36 South Korea Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 37 Australia Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 38 Southeast Asia Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 39 Rest of Asia Pacific Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 40 Middle East & Africa Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 41 South Africa Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 42 Nigeria Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 43 Egypt Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 44 GCC Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 45 Israel Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 46 Latin America Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 47 Mechanicalzil Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 48 Argentina Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 49 Colombia Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 50 Peru Luxury Tiles Market, 2015-2027 (US$ Bn)

FIG. 51 Chile Luxury Tiles Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (Luxury Tiles) Market

TABLE 2 Global Luxury Tiles Market, by Type, 2015-2027 (US$ Bn)

TABLE 3 Global Luxury Tiles Market, by Application, 2015-2027 (US$ Bn)

TABLE 4 Global Luxury Tiles Market, by Geography, 2015-2027 (US$ Bn)

TABLE 5 North America Luxury Tiles Market, by Type, 2015-2027 (US$ Bn)

TABLE 6 North America Luxury Tiles Market, by Application, 2015-2027 (US$ Bn)

TABLE 7 North America Luxury Tiles Market, by Country, 2015-2027 (US$ Bn)

TABLE 8 Europe Luxury Tiles Market, by Type, 2015-2027 (US$ Bn)

TABLE 9 Europe Luxury Tiles Market, by Application, 2015-2027 (US$ Bn)

TABLE 10 Europe Luxury Tiles Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 11 Asia Pacific Luxury Tiles Market, by Type, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Luxury Tiles Market, by Application, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Luxury Tiles Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 14 Latin America Luxury Tiles Market, by Type, 2015-2027 (US$ Bn)

TABLE 15 Latin America Luxury Tiles Market, by Application, 2015-2027 (US$ Bn)

TABLE 16 Latin America Luxury Tiles Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 17 Middle East Luxury Tiles Market, by Type, 2015-2027 (US$ Bn)

TABLE 18 Middle East Luxury Tiles Market, by Application, 2015-2027 (US$ Bn)

TABLE 19 Middle East Luxury Tiles Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 20 Africa Luxury Tiles Market, by Type, 2015-2027 (US$ Bn)

TABLE 21 Africa Luxury Tiles Market, by Application, 2015-2027 (US$ Bn)

TABLE 22 Africa Luxury Tiles Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 23 Armstrong World Industries, Inc.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 24 Techno Ceiling Products: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 25 ROCKFON: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 26 Saint-Gobain S.A.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 27 Grenzebach BSH GmbH: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 28 Odenwald Faserplattenwerk GmbH: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 29 SAS International: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 30 USG Corporation: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 31 Knauf: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 32 New Ceiling Tiles, LLC: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 33 Beaulieu International Group N.V.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 34 Congoleum Corporation: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 35 Daejin Co., Ltd: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 36 Gerflor Group: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 37 Parador GmbH: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 38 Raskin Industries LLC: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 39 Tarkett S.A.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

Frequently asked questions:

How COVID 19 Impacted Luxury Tiles Market?

Likewise other industries, COVID 19 also taken a toll on Luxury Tiles market with around 12.39% decline in 2020 in its revenue as compare to 2019

Which is the leading regional market for Luxury Tiles?

Europe is the largest regional market with highest share in the total volume of Luxury Tiles consumed in 2020

What is the major growth driving factors for global Luxury Tiles market?

Rising construction industry and growing desire for luxury lifestyle

Which is major segment in Luxury Tiles market by type?

Luxury Vinyl Tiles segment dominated the Luxury Tiles market in 2020

Which is major segment in Luxury Tiles market by application?

Floor tiles was the largest application market for Luxury Tiles in 2020

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