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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

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