by Sarah Schmidt
May 21, 2019
Among decorative tile product types, porcelain will remain the fastest growing in the US through 2023, when demand is expected to reach $1.3 billion. While smaller-format porcelain tiles have historically been very popular with consumers, their larger counterparts did not see much use, as their heavy weight made them hard to handle and liable to crack.
However, technological advancements have allowed large, lighter-weight thin porcelain tile (TPT) slabs to gain in popularity in recent years. In addition to enhancing the durability of these products, the improved design has made them:
In the past, US demand for large TPT slabs was exclusively supplied by foreign-based producers.
A large share of these products came from countries like Italy and Spain, which have a reputation for high-quality, stylish tile products. Others came from countries with lower production costs than the US, such as Mexico.
Iris Ceramica, the largest Italian porcelain tile supplier to the US, decided to take steps to improve local consumer access to these increasingly popular products. In September 2018, the company – through its StonePeak subsidiary – opened a large-format TPT panel production line at its Crossville, TN, facility, making it the first company to do so in the US. This $70 million investment enhanced the production capacity of the company’s sole US tile manufacturing plant by 20%, adding manufacturing capabilities for 120”x60” panels, as well as large-format panels with 6mm thicknesses.
Making these products in the US (as opposed to importing them from Italy) allows Iris Ceramica to:
Prior to its addition of a large TPT production line, Iris Ceramica was already a key player in the US tile industry, offering a wide array of tile sizes, textures, and designs that can be used in such application as walls, flooring, and backsplashes. By expanding its US production capabilities to include large, TPT slabs – the segment of the domestic porcelain tile market with perhaps the best growth opportunities – the company is expected to strengthen its position as a market leader.
To learn more about the US decorative tile market, check out The Freedonia Group’s recent study, Decorative Tile, which offers:
Nick Cunningham is an Industry Analyst at the Freedonia Group where he covers the US and global construction and building products industries.
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