The study revealed that kitchens and primary bathrooms command the highest median spend – $20,000 and $13,000, respectively. As it so happens, these are the two most common home renovation projects amongst U.S. Tile’s resistance to water and stains, as well as its ease of maintenance, have made it the flooring and wall covering of choice in high-moisture areas like kitchens and bathrooms. One of the longstanding benefits of tile? Homeowners are spending big on kitchen and bathroom renovations So, what are some of the reasons for optimism? And how can tile manufacturers and retailers ensure they capitalize on the projected growth? And that view is shared by many in the industry. The latest projections from Grand View Research suggest that there could be significant growth on the horizon in the ceramic tile market – both globally and within North America.
With the growing popularity of other hard-surface materials within the resilient flooring category, which dominated sales in 2022, coupled with inflation, rising interest rates, and ongoing labour shortages, tile manufacturers and retailers have been faced with significant challenges in recent years. was down once again in the first quarter of 2023, according to the Tile Council of North America’s latest market update. After experiencing a slight downturn in 2022, ceramic tile consumption in the U.S.
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