INTERNATIONAL - Mapei
INTERNATIONAL - Mapei
INTERNATIONAL - Mapei
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10<br />
NEWS<br />
The ceramic Tiles markeT<br />
American producers look to the future by investing in technology and innovation<br />
by Graziano Sezzi<br />
Everything that has happened<br />
since last year can be traced<br />
backed to the USA, which must<br />
ever, is where opinions tend to differ:<br />
some analysts say the upward trend<br />
will begin in 2010, others are betting<br />
also be the starting point to try and on 2011 while yet another school of<br />
find the causes.<br />
thought is even more pessimistic. The<br />
An exercise which has involved the only optimist note worthy of mention<br />
sharpest brains from the political-eco- are the August figures for the resinomic<br />
world, but without yet supplydential building sector, which saw an<br />
ing a precise, convincing answer. increase of 1.5% compared with July.<br />
So wouldn’t it be better to try and And because this is the first positive<br />
understand what the near future has news since November 2008, it is con-<br />
in store for us?<br />
sidered an extremely important sign.<br />
There are basically two questions One thing is certain however, the<br />
which we would like to try to answer: record levels of 2005-2006, with more<br />
a. when will the USA economy and than 2 million new homes started and<br />
construction market pick up again? completed, will not be reached. An<br />
b. how high will the demand be for excellent result would be a level of<br />
ceramic tiles compared with other around 1.5 million new homes per<br />
floor and wall covering materials? year in 2012-2013, which represents<br />
To answer the first question, we can the same volume as the average figure<br />
get an idea from the forecasts of the over the last 30 years (see Table 1).<br />
major economical research institutes And for now, as mentioned above, the<br />
and by screening various articles writ- objective of registering at least a small<br />
ten Il by mercato the most americano prestigious, and delle even piastrelle increase di ceramica in August compared with the<br />
less prestigious, economists.<br />
previous month was reached. This is a<br />
Their opinions may be summarised as real turning point which, if confirmed<br />
follows.<br />
in the following months, would have<br />
The construction industry is at its low- an immediate positive psychological<br />
est ever level, which means things can effect on both constructors and buy-<br />
only get better. Exactly when, howers. Table 1<br />
Units<br />
2.250.00<br />
2.000.00<br />
1.750.00<br />
1.500.00<br />
1.250.00<br />
1.000.00<br />
750.00<br />
500.00<br />
250.00<br />
USA - Housing Starts (1978-2009)<br />
8-year cycle Longer cycle (more than 16 years)<br />
Ceramic Tiles<br />
The issue regarding ceramic tiles is<br />
more specific.<br />
In recent years, the use of ceramic tiles<br />
has reached a level where they represented<br />
up to 11% of the total consumption<br />
of floor materials in the United<br />
States (which dropped to 8.6% in 2008),<br />
from a starting point of less than 5% at<br />
the beginning of the 1980’s: a constant<br />
growth trend which has rewarded the<br />
performance and aesthetic qualities<br />
of a product in continuous innovation<br />
(see Table 2).<br />
Table 2<br />
The Usa Floor covering markeT<br />
in 2008<br />
Billions of $ Square feet<br />
(wholesale) billion* % (sqf)<br />
Carpets<br />
+ Rugs 12.8 13.31 67.7%<br />
Vinyl 2.1 2.91 14.8%<br />
Ceramic<br />
tiles 1.8 1.69 8.6%<br />
Parquet 1.5 0.79 4.0%<br />
Laminates 1.0 0.77 3.9%<br />
Rubber 0.5 0.20 1.0%<br />
Total 19.7 19.67 100%<br />
Source: processed data published on Floor Covering News<br />
*1 m 2 = 10,76 square feet