Global Decoration Terrazzo Flooring Market Insights, Forecast to 2025
Today terrazzo serves as a green building material used in universities, hospitals, airports, office lobbies and other commercial and residential properties. In the last several years, global market of Terrazzo Flooring developed rapidly, with an average growth rate of 7.8% (2013-2023). In 2017, global revenue of Terrazzo Flooring is nearly 3.9B USD; the actual production is about 1.6 B Square Feet.
The market is segmented on the basis of product which comprises of inorganic terrazzo, epoxy terrazzo. The epoxy type was the leading division covering more than the majority of volume share of 56% and accounted for 570 M square feet of volume in 2016.
The industry is segmented based on application, which comprises of educational institutes, commercial, government buildings, transport and others. The educational sector was the leading division with an estimated volume of 510 M square feet in 2016 and is expected to increase gradually by 2022. Key factors driving growth in educational segment includes custom-made designs coupled with extended product lifespan features offered by terrazzo which is growing its preference for institutions, schools, universities, auditoriums. An increasing number of universities, institutions & schools are anticipated to contribute significantly towards overall industry demand in the application segment.
Global Decoration Terrazzo Flooring market size will increase to 5290 Million US$ by 2025, from 2900 Million US$ in 2018, at a CAGR of 7.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Decoration Terrazzo Flooring.
This report researches the worldwide Decoration Terrazzo Flooring market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Decoration Terrazzo Flooring breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Kingspan Group (Ireland)
H. B. Fuller Construction Products (USA)
Doyle Dickerson Terrazzo (USA)
Guangxi Mishi (China)
Lijie Technology (China)
Terrazzo USA (USA)
Beijing Lu Xing (China)
Decoration Terrazzo Flooring Breakdown Data by Type
Decoration Terrazzo Flooring Breakdown Data by Application
Healthcare and Pharmaceutical
Decoration Terrazzo Flooring Production Breakdown Data by Region
Decoration Terrazzo Flooring Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Decoration Terrazzo Flooring capacity, production, value, consumption, status and forecast;
To focus on the key Decoration Terrazzo Flooring manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Decoration Terrazzo Flooring :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.