Synthetic Tiles Market, By Material Type, By End-use Industry, By Application, By Distribution Channel, By Tile Size (Small, Medium, Large ), By Tile Shape, By Tile Design, By Installation Type, By Price Range, By Geography

Description

Global Synthetic Tiles Market size is estimated to be valued at US$ 22.13 billion in 2023, and is projected to reach US$ 30.94 billion by 2030, at a CAGR of 4.9% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 22.13 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	4.90%	2030 Value Projection:	US$ 30.94 Bn

Figure 1. Global Synthetic Tiles Market Share (%), By Region, 2023

Synthetic tiles have emerged as a revolutionary alternative to traditional flooring materials. Combing innovative technology and sustainable practices, these tiles are engineered to replicate the aesthetic appeal of natural stones, ceramics and wood. Crafted from durable and eco-friendly materials, synthetic tiles offer excellent resistance to wear, moisture and stains, making them ideal for high-traffic areas in both residential and commercial spaces. With their versatility and cost-effectiveness, these have become a popular choice for modern interior design, providing homeowners and businesses with an array of stylish and practical flooring options.

Market Dynamics:

Cost-effectiveness, durability, longevity, and versatility in design is anticipated to drive growth of the global synthetic tiles market over the forecast period. Moreover, ease of installation is also expected to boost the growth of the global synthetic tiles market over the forecast period. Infrastructure development, residential construction, technological advancements and green and sustainable trends are expected to create growth opportunities for the global synthetic tiles market during the forecast period. The market can be segmented based on the application of synthetic tiles such as residential, commercial, and industrial. The residential segment can be further divided into kitchen, bathroom, living room, and others. The market can be segmented based on the end-use industry such as construction, hospitality, healthcare, education, and others. The construction industry can be further divided into residential construction and commercial construction.

However, competition from natural medicines, perception of lower quality, environmental concerns and installation complexities are expected to hamper growth of the global synthetic tiles market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global synthetic tiles market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global synthetic tiles market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Mohawk Industries, IVC Group (Mohawk Industries subsidiary), Tarkett, Shaw Industries Group, Inc. (a subsidiary of Berkshire Hathaway Inc.), Armstrong Flooring, Inc., Mannington Mills, Inc., Beaulieu International Group, NOX Corporation, Forbo Holding AG, and Interface, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global synthetic tiles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global synthetic tiles market

Global Synthetic Tiles Market Detailed Segmentation:

By Material Type:
- Vinyl Tiles
- Ceramic Tiles
- Porcelain Tiles
- Polyurethane Tiles
- Others
By End-use Industry:
- Residential
- Commercial
- Industrial
By Application:
- Flooring
- Wall Cladding
- Roofing
- Others
By Distribution Channel:
- Online Retailers
- Specialty Stores
- Building Material Suppliers
- Wholesalers/Distributors
By Title Size:
- Small
- Medium
- Large
By Title Shape:
- Square
- Rectangle
- Hexagonal
- Other Shapes
By Title Design:
- Solid Color
- Patterns
- Textured
- Wood-Look
- Stone-Look
- Others
By Installation Type:
- Glue-Down Tiles
- Click-Lock Tiles
- Peel and Stick Tiles
By Price Range:
- Economy
- Mid-Range
- Premium
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Company Profile:
- Mohawk Industries
- IVC Group (Mohawk Industries subsidiary)
- Tarkett
- Shaw Industries Group, Inc. (a subsidiary of Berkshire Hathaway Inc.)
- Armstrong Flooring, Inc.
- Mannington Mills, Inc.
- Beaulieu International Group
- NOX Corporation
- Forbo Holding AG
- Interface, Inc.

Product Code: CMI6118

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By End-use Industry
- Market Snippet, By Application
- Market Snippet, By Distribution Channel
- Market Snippet, By Title Size
- Market Snippet, By Title Shape
- Market Snippet, By Title Design
- Market Snippet, By Installation
- Market Snippet, By Price Range
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Cost-effectiveness
- Restraints
Perception of lower quality
- Opportunities
Infrastructure development
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Synthetic Tiles Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Synthetic Tiles Market, By Material Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Vinyl Tiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Ceramic Tiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Porcelain Tiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Polyurethane Tiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

6. Global Synthetic Tiles Market, By End-use Industry, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

7. Global Synthetic Tiles Market, By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Flooring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Wall Cladding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Roofing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

8. Global Synthetic Tiles Market, By Distribution Channel, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Online Retailers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Specialty Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Building Material Suppliers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Wholesalers/Distributors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

9. Global Synthetic Tiles Market, By Title Size, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Small
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Medium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Large
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

10. Global Synthetic Tiles Market, By Title Shape, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Square
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Rectangle
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Hexagonal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Other Shapes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

11. Global Synthetic Tiles Market, By Title Design, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Solid Color
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Patterns
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Textured
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Wood-Look
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Stone-Look
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

12. Global Synthetic Tiles Market, By Installation Type, 2018-2030, (US$ Bn)

Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 - 2030
Segment Trends

Glue-down Tiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Click-Lock Tiles
Peel and Sticks Tiles

13. Global Synthetic Tiles Market, By Price Range, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Economy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Mid-Range
Premium

14. Global Synthetic Tiles Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019 -2030
- Country Trends
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Title Size, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Title Shape, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Title Design, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Installation Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
North America
- U.S.
- Canada
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East

15. Competitive Landscape

Mohawk Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
IVC Group (Mohawk Industries Subsidiary)
Tarkett
Shaw Industries Group, Inc. ( a subsidiary of Berkshire Hathaway Inc.)
Armstrong Flooring, Inc.
Mannington Mills,Inc
Beaulieu International Group
NOX Corporation
Forbo Holding AG
Interface, Inc.
Analyst Views

16. Section

Research Methodology
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