Terrazzo is a type of hard surface flooring, which is fabricated by using an epoxy matrix or cement matrix composites to bind aggregates such as marble pieces, glass pieces, or other suitable material. In 2019, the epoxy terrazzo segment accounted for more than two-thirds of the market share and is expected to witness significant growth during the forecast period. Let’s have a look at the major terrazzo flooring market trends for 2019 to 2025.
The size of the worldwide terrazzo flooring market was estimated at USD $26.27 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.62% to reach USD $41.04 billion by 2030.
.jpg
"The Global Terrazzo Flooring Market 2020-2030 (USD Billion)")
Terrazzo flooring market can broadly be segmented on the basis of type, technology, application and geography. The publish market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025. Additionally, numerous emerging trends are expected to gain traction in the global terrazzo flooring market over the next few years, positively impacting market growth. These top trends include a growing focus on technology, capacity expansions and new developments, and increasing demand from emerging economies.
Competitive Landscape
Key Market Players are 4m Group, Concord Terrazzo Company, Inc., Diespeker & Co., Kingspan Group, KREZ Group, Quiligotti Terrazzo Tiles Limited, RBC Industries, Inc., RPM International Inc., Terrazzo Masters, and Venice Art Terrazzo Co., Inc.
Terrazzo Flooring Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | USD $41.04 billion |
| Growth Rate | CAGR of 5.62 % during 2020-2030 |
| Segment Covered | By Type, By Application, Region. |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Concord Terrazzo Company Inc. (US), KREZ Group (US), Kingspan Group (Ireland), Diespeker & Co. (UK), 4m Group (UK), RBC Industries Inc. (US), Quiligotti Terrazzo Tiles Limited (UK), RPM International Inc. (US), Terrazzo Masters (US), The Venice Art Terrazzo Co. Inc. (US) |
The study is a source of reliable data on:
- Market segments and sub-segments
- Industry trends and dynamics
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
Frequently Asked Questions (FAQ) :
The top companies that hold the market share in terrazzo flooring market are 4m Group, Concord Terrazzo Company, Inc., Diespeker & Co., Kingspan Group, KREZ Group, Quiligotti Terrazzo Tiles Limited, RBC Industries, Inc., RPM International Inc., Terrazzo Masters, and Venice Art Terrazzo Co., Inc. & among others.
To get latest version of terrazzo flooring market report can be obtained on demand from the website.
The base year for the report is 2023 in terrazzo flooring market.