Mosaic Tiles Market Overview
Product Overview and Scope of Mosaic Tiles
Mosaic tiles are small pieces of tile, usually measuring less than 2 inches in size, that are used to create intricate and decorative designs. They can be made from a variety of materials, including glass, ceramic, porcelain, natural stone, and even metal.
Today, mosaic tiles are still widely used for both functional and aesthetic purposes. They are commonly used in bathrooms, kitchens, and swimming pools due to their durability, water resistance, and ease of maintenance. Mosaic tiles can be arranged in countless patterns and designs, allowing for endless creative possibilities.
The process of creating mosaic tile designs involves carefully arranging the small tiles on a surface, often using adhesive or mortar to hold them in place. Once the design is complete, the tiles are grouted to fill in the gaps between them and provide stability. The grout also helps to protect the tiles and prevent moisture from seeping in.
Mosaic tiles offer a wide range of colors, shapes, and finishes, allowing for customization and personalization. They can be used to create intricate patterns, pictures, or even abstract designs. Whether used as a decorative accent or as a focal point, mosaic tiles add a unique and artistic touch to any space.
Mosaic Tiles Market – Global Industry Analysis
Market Drivers
- Increasing construction and renovation activities drive the global mosaic tiles market
The world's population is continually growing, particularly in urban areas. This demographic trend has led to increased construction activities, including the construction of residential buildings, commercial complexes, and infrastructure projects. As construction and renovation projects increase, so does the demand for mosaic tiles.
The real estate sector plays a crucial role in driving construction and renovation activities. Rapid urbanization, changing lifestyles, and increased disposable income have fueled the demand for residential and commercial properties. Mosaic tiles are often used in various parts of buildings, such as kitchens, bathrooms, and common areas, to enhance their aesthetic appeal and value.
Infrastructure projects, such as transportation networks, public buildings, and utilities, are essential for economic growth and development. These projects often involve the use of mosaic tiles for areas like train stations, airports, public restrooms, and government buildings. The ongoing investments in infrastructure development worldwide contribute to the demand for mosaic tiles.
Global Mosaic Tiles Revenue by Regions (2018-2023)
Global Mosaic Tiles Revenue by Regions (2018-2023)
Global Mosaic Tiles Revenue (USD Billion) by Regions (2018-2023)
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
|
North America |
XX |
XX |
XX |
XX |
XX |
XX |
|
Europe |
XX |
XX |
XX |
XX |
XX |
XX |
|
Asia Pacific |
XX |
XX |
XX |
XX |
XX |
XX |
|
Latin America |
XX |
XX |
XX |
XX |
XX |
XX |
|
Middle East & Africa |
XX |
XX |
XX |
XX |
XX |
XX |
|
Total |
XX |
XX |
XX |
XX |
8.74 |
XX |
Global Mosaic Tiles Market was valued at USD 8.74 Billion in 2022 and is expected to grow at a CAGR of 6.54% over the forecast period, from 2023 to 2030.
Global Mosaic Tiles Segment Analysis
Global Mosaic Tiles Market
By Type:
- Ceramic
- Porcelain
- Glass
- Natural Stone
- Others
By Application:
- Floor
- Wall
- Others
By End-use:
- Residential
- Commercial
By Sales Channel:
- Direct
- Indirect
Companies:
- Daltile
- ABK Group Industrie Ceramiche Spa
- Kajaria Ceramics Ltd.
- Mohawk
- Ceramiche Atlas Concorde Spa
- American Olean
- TileBar
- Marazzi Group S.r.l
- Emser Tile
- Crossville Inc.
- Others
Mosaic Tiles Market, By Sales Channel
Based on sales channels, the market is segmented into direct and indirect.
In mosaic tile market indirect sales segment holds the major share of the total market due to the strong presence of intermediaries such as wholesalers, distributors, retailers, or online marketplaces. Indirect sales category allow manufacturers to reach a larger customer base due to their established distribution network that may be difficult to access directly.
Global Mosaic Tiles Manufacturers Profiles/Analysis
MOHAWK INDUSTRIES INC.
MOHAWK INDUSTRIES INC. Company Basic Information, and Sales Area
|
|
Item |
Description |
|
1 |
Company Name |
MOHAWK INDUSTRIES, INC. |
|
2 |
Website |
www.mohawkind.com |
|
3 |
Established Date |
1874 |
|
4 |
Headquartered |
United States |
|
5 |
Market Position/History |
Mohawk Industries, Inc. has found its roots in 1874. The company went public in 1992 and completed twelve soft surface acquisitions by 2000, with sales growing tenfold during that time. In 2002, the company acquired Dal-Tile. In 2005, Company entered the European market as the acquisition of Belgium-based Unilin gave Mohawk the leading laminate position on both sides of the Atlantic. With the numerous acquisitions, currently, the company has a presence in ~170 countries and has manufacturing sites in 19 countries that serve 25,000+ customers worldwide. |
|
6 |
Sales Area |
Worldwide |
|
7 |
Manufacturing Location |
Worldwide |
|
8 |
Ticker |
NYSE: MHK |
|
9 |
No. of Employees |
~40,900 |
|
10 |
Competitors |
Kingspan Group, Ethan Allen Interiors, The Home Depot, Hooker Furniture and Kimball International. |
|
11 |
CEO |
Jeff Lorberbaum |
|
12 |
Ownership Type |
Public |
|
13 |
Contact Number |
P.O. Box 12069, 160 South Industrial Boulevard, Calhoun, Georgia 30703 Tel: (706) 624-2246 |
Business Segment/ Overview:
Mohawk Industries, Inc. produces and sells residential and commercial flooring. The Company's vertically integrated production and distribution operations give competitive advantages in carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile ("LVT"), and sheet vinyl flooring. The Company's brands, which include American Olean, Daltile, Durkan, Eliane, Feltex, Godfrey Hirst, IVC Commercial, IVC Home, Karastan, Kerama Marazzi, Marazzi, Moduleo, Mohawk, Pergo, Quick-Step, and Unilin, are among the most well-known in the sector.
Mosaic Tiles Product Types Specification
|
Product |
Product Description |
|
Perfit Mosaix |
Perfit Mosaix offers custom elegance in a striking 18" mosaic collection that perfectly fits most kitchen backsplashes. |
|
Novelty |
Novelty series provides beautiful modern style and dynamic color palettes for backsplashes and feature walls. It is available in various sizes which offers an excellent choice for kitchens and bathrooms. |
Recent Developments:
|
Year |
Latest News |
|
June 2022 |
Mohawk Industries Announces Acquisition of Vitromex Ceramic Tile Business from Grupo Industrial Saltillo Mohawk Industries, Inc. purchased Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS). Vitromex has established a dominant position in the $1.7 billion (2.9 billion square feet) Mexican ceramic tile industry with a comprehensive distribution network and a product portfolio that includes glazed ceramic, porcelain, mosaics, and ornamental tiles. This acquisition will enhance the Mohawk Industries, Inc. footprint, Company’s customer base, manufacturing efficiencies, and logistical capabilities in Mexico. |
Business Strategy
Mohawk's business strategy provides a unified vision for the company and concentrates employees worldwide on important goals. The strategy is implemented throughout an organization, with a focus on five important points:
- Improving the Company's position as the industry's preferred provider by providing exceptional value to customers
- Treating employees fairly in order to retain the best employees
- Driving innovation in all aspects of the business
- Taking reasonable, well-considered risks in order to grow the business
- Improving the communities in which the Company operates
