This report covers ceramic & porcelain, natural stone and other materials (glass, metals, cement, etc) floor and wall tiles, focusing mainly on decorative internal usage for both residential and contract applications. The floor and wall tiles market is influenced by factors such as levels of consumer and business confidence and spending, construction output and trends in the underlying economy.
The wall and floor tiles market has been under pressure in recent years from a number of factors. Floor tiles have faced increasing competition from alternative smooth flooring types, in particular laminate and luxury vinyl tile (LVT); and wall tiles from waterproof panels and kitchen splashbacks. Imports remain a key feature of the market and the market is therefore susceptible to exchange rate fluctuations and higher manufacturing costs in major source countries.The supply structure of the floor & wall tiles market remains fragmented, with a small number of larger manufacturers/suppliers and a wide range of smaller suppliers.
Overall, the tiles market has experienced growth since 2014, benefiting from the upturn in levels of construction in both domestic and non-domestic sectors. Product developments impact on the market both in terms of competition between different materials within the tiles sectors as well as competition from other types of floor and wall coverings. The outlook remains positive, although uncertainty regarding the impact of Brexit negotiations introduces a level of risk to the market.