Tile Grout Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0208733
  • Format: Electronic (PDF)
  • Number of Pages: 194
  • Author(s): Joshi, Madhavi

Report Overview

The Tile Grout Market size was estimated at USD 8.5 billion in 2023 and is projected to reach USD 12.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.10% during the forecast period (2024-2030).

Tile Grout Market

(Market Size)
$8.5 billion
$12.8 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.10%
2023 Market Size USD 8.5 billion
2030 Market Size USD 12.8 billion
Key Players Mapei, Sika, BASF, ARDEX, Henkel

Market Summary

The tile grout market is an integral segment within the broader construction and building materials industry, primarily serving as a critical component in tile installation systems for both residential and commercial applications. Grout functions not only to fill the gaps between tiles, thereby preventing moisture penetration and debris accumulation, but also contributes significantly to the aesthetic finish and durability of tiled surfaces. The market is characterized by a diverse range of products, including cement-based, epoxy-based, and furan resin grouts, each tailored to specific performance requirements and environmental conditions. Demand is heavily influenced by trends in construction activity, renovation projects, and the growing emphasis on sustainable and low-maintenance building solutions. Key end-users encompass contractors, architects, DIY enthusiasts, and facility managers, with procurement often influenced by factors such as ease of application, color consistency, and resistance to stains, chemicals, and mildew. Geographically, market dynamics vary significantly, with developed regions emphasizing premium, high-performance products and emerging economies showing robust growth due to urbanization and infrastructure development. The competitive landscape includes both multinational corporations and regional players, all striving to innovate in terms of product formulation, packaging, and application techniques to capture market share.

Key Highlights

The tile grout market exhibits several notable characteristics that underscore its evolution and current state. Innovation remains a central theme, with manufacturers increasingly focusing on developing advanced formulations that offer enhanced properties such as rapid curing times, improved flexibility, and superior resistance to water, chemicals, and extreme temperatures. Sustainability has emerged as a critical driver, prompting the introduction of eco-friendly grouts made from recycled materials or with reduced volatile organic compound (VOC) emissions, aligning with global green building standards like LEED and BREEAM. The rise of the do-it-yourself (DIY) segment has also shaped product development, leading to user-friendly options like pre-mixed grouts that simplify the installation process for non-professionals. Furthermore, aesthetic trends play a substantial role; the availability of a wide spectrum of colors and finishes allows for greater design flexibility, meeting consumer desires for personalized and visually appealing spaces. The market is also witnessing consolidation activities, with major players engaging in mergers and acquisitions to expand their geographic footprint and product portfolios, thereby intensifying competition and fostering a environment of continuous improvement and customer-centric innovation.

Drivers, Opportunities & Restraints

Several factors propel the growth of the tile grout market, while also presenting certain challenges and avenues for expansion. A primary driver is the sustained growth in global construction activities, particularly in emerging economies across Asia-Pacific and the Middle East, where urbanization, rising disposable incomes, and government investments in infrastructure are fueling demand for tiling solutions in both new builds and renovation projects. The increasing preference for aesthetically pleasing and easy-to-maintain surfaces in residential and commercial spaces further boosts grout adoption. Opportunities abound in the development of innovative products, such as antimicrobial grouts for healthcare and food processing facilities, and the expansion into online sales channels to reach a broader customer base, including DIY consumers. However, the market faces restraints including price volatility of raw materials like cement, polymers, and pigments, which can impact manufacturing costs and profit margins. Additionally, the availability of alternative flooring and wall covering options, such as luxury vinyl tiles and large-format porcelain panels that minimize grout lines, poses a competitive threat. Environmental regulations concerning VOC emissions and waste disposal also present challenges, necessitating continuous investment in research and development to create compliant and sustainable solutions.

Concentration Insights

The competitive concentration within the tile grout market is moderately high, with a mix of large multinational corporations and numerous regional and local manufacturers vying for market share. Leading global players, such as Mapei, LATICRETE, and Sika, command significant presence due to their extensive product portfolios, strong brand recognition, and robust distribution networks spanning multiple continents. These companies often leverage their technological expertise and substantial R&D capabilities to introduce advanced grout systems, including epoxy and urethane formulations, which cater to specialized applications requiring high chemical resistance or flexibility. Regional players, particularly in Asia and Latin America, compete effectively by offering cost-competitive products tailored to local preferences and climatic conditions, though they may lack the same scale of innovation or global reach. The market also features a segment of niche specialists focusing on ultra-premium or custom-color grouts for high-end architectural projects. Distribution channels are diverse, encompassing direct sales to large contractors, sales through building material retailers, and an increasingly important e-commerce segment. This concentration dynamic encourages continuous product differentiation, strategic partnerships, and mergers and acquisitions as key strategies for growth and market penetration.

Type Insights

Tile grout is available in several primary types, each designed to meet specific performance, application, and environmental requirements. Cementitious grout, the most traditional and widely used type, is composed of Portland cement, sand, and water, and is favored for its cost-effectiveness, ease of use, and suitability for a broad range of interior and exterior applications. It is commonly used in residential settings and for ceramic and stone tile installations. Epoxy grout represents a more advanced category, formulated from epoxy resins and a hardener, offering exceptional resistance to chemicals, stains, and moisture, making it ideal for demanding environments such as commercial kitchens, laboratories, and industrial floors. Furan resin grout, though less common, is utilized in extreme conditions where resistance to strong acids and high temperatures is paramount, such as in chemical processing plants. Additionally, urethane grout has gained traction for its flexibility, color consistency, and suitability for areas prone to movement or vibration. Recent innovations include pre-mixed and single-component grouts that reduce mixing errors and save time, as well as sustainable options with recycled content or low VOC emissions, reflecting the industry's response to evolving consumer demands and regulatory pressures.

Application Insights

The application of tile grout spans a diverse array of sectors within the construction and manufacturing industries, each with distinct requirements and specifications. In the residential sector, grout is predominantly used for flooring and wall tiling in kitchens, bathrooms, and living areas, where factors like aesthetic appeal, ease of cleaning, and moisture resistance are paramount. The commercial segment encompasses a broader range of uses, including retail spaces, offices, hotels, and hospitals, often demanding high-performance grouts that can withstand heavy foot traffic, frequent cleaning with harsh chemicals, and stringent hygiene standards. Industrial applications represent a specialized niche, utilizing epoxy or furan resin grouts in settings such as food processing plants, pharmaceutical facilities, and manufacturing floors, where resistance to extreme temperatures, abrasive materials, and corrosive substances is critical. The infrastructure sector also employs grout in public spaces like airports, subway stations, and swimming pools, requiring products that offer durability, slip resistance, and longevity. Furthermore, the growing trend of outdoor living spaces has increased the use of grout in patios, pool decks, and exterior facades, necessitating formulations that can endure weather fluctuations and UV exposure. This diversity in application drives continuous innovation in product development to meet the specific challenges of each environment.

Regional Insights

The tile grout market demonstrates varied growth patterns and demand dynamics across different geographic regions, influenced by local economic conditions, construction activity, and cultural preferences. North America and Europe represent mature markets characterized by a high demand for premium, high-performance grout products, driven by robust renovation and remodeling activities, stringent building codes, and a strong emphasis on sustainable and innovative building materials. The Asia-Pacific region is the fastest-growing market, fueled by rapid urbanization, massive infrastructure development projects, and a burgeoning middle class in countries such as China, India, and Southeast Asian nations, leading to increased consumption in both residential and commercial construction. Latin America shows steady growth, with opportunities arising from urban renewal initiatives and the expansion of the tourism and hospitality sectors, which necessitate durable and aesthetically pleasing tiling solutions. The Middle East and Africa exhibit demand primarily linked to large-scale commercial and infrastructure projects, including malls, airports, and religious sites, often requiring grouts that can perform well in extreme climatic conditions. Each region also has distinct regulatory environments and raw material availability, which influence local manufacturing and import-export dynamics, prompting global players to adapt their strategies accordingly.

Company Insights

The competitive landscape of the tile grout market is populated by several key players that have established strong positions through innovation, quality, and strategic market initiatives. Mapei, an Italian company, is a global leader known for its comprehensive range of construction chemicals, including high-performance grouts for various applications, and its commitment to sustainability through products with low environmental impact. LATICRETE International, based in the United States, is renowned for its innovative grout systems, such as SpectraLOCK epoxy grout, and has a significant presence in over 100 countries, emphasizing technical support and training for professionals. Sika, a Swiss multinational, offers a diverse portfolio of grouting solutions under brands like Sikagrout, catering to both civil engineering and building construction sectors with a focus on durability and efficiency. Other notable participants include ARDEX, which provides advanced thin-set and grout products with a emphasis on ease of use, and Bostik, a subsidiary of Arkema, known for its expertise in adhesives and sealants, including grouts designed for specific tile types and conditions. Regional players like Fosroc and Pidilite also hold substantial market shares in their respective geographies, often competing on price and local distribution networks. These companies invest heavily in research and development to enhance product performance, expand their application range, and meet evolving regulatory and consumer demands, while also engaging in partnerships and acquisitions to strengthen their global footprint.

Recent Developments

The tile grout market has witnessed several significant developments in recent years, reflecting ongoing innovation and strategic shifts among industry participants. A prominent trend is the increased focus on sustainability, with leading companies launching new grout formulations that incorporate recycled materials, reduce water consumption during application, and minimize VOC emissions to comply with stringent environmental regulations and cater to the growing demand for green building products. Technological advancements have led to the introduction of smart grouts with enhanced properties, such as improved flexibility to prevent cracking in substrates experiencing movement, and antimicrobial additives that inhibit mold and bacterial growth, particularly valuable in healthcare and food service environments. There has also been a surge in the development of user-friendly products, including pre-mixed, ready-to-use grouts that eliminate measuring and mixing errors, appealing strongly to the DIY market segment. On the corporate front, strategic mergers and acquisitions have continued, such as the acquisition of smaller specialized manufacturers by larger conglomerates seeking to diversify their product offerings and gain access to new technologies or geographic markets. Additionally, companies are expanding their digital presence and e-commerce capabilities to improve customer accessibility and provide online technical resources, tutorials, and color selection tools, enhancing the overall customer experience and engagement.

Report Segmentation

The analysis of the tile grout market is typically segmented to provide a detailed and structured understanding of its various facets, enabling stakeholders to make informed decisions. Segmentation by type is fundamental, categorizing the market into cementitious grout, epoxy grout, furan resin grout, and urethane grout, each analyzed for their market share, growth trends, and specific application niches. Application-based segmentation divides the market into residential, commercial, industrial, and infrastructure sectors, examining the unique demand drivers, performance requirements, and growth prospects within each segment. Geographical segmentation offers a regional perspective, breaking down the market into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, with each region assessed for its economic indicators, construction activity levels, regulatory environment, and competitive landscape. Further segmentation may include distribution channel analysis, distinguishing between direct sales, retail stores, and online platforms, as well as an evaluation based on end-user preferences, such as professional contractors versus DIY consumers. This multi-faceted segmentation approach ensures a comprehensive market overview, highlighting opportunities, challenges, and strategic insights tailored to the needs of investors, manufacturers, and other industry participants.

FAQs

What are the different types of tile grout available? The primary types of tile grout include cement-based grout, which is cost-effective and commonly used for residential projects; epoxy grout, known for its high chemical and stain resistance, ideal for commercial and industrial settings; furan resin grout, used in extreme conditions with exposure to acids and high temperatures; and urethane grout, valued for its flexibility and color consistency.

How do I choose the right grout for my project? Selecting the appropriate grout depends on several factors: the location (interior vs. exterior), expected traffic and wear, exposure to moisture or chemicals, desired aesthetic (color and finish), and whether the substrate is prone to movement. Consulting with a professional or referring to manufacturer guidelines is recommended for specific applications.

What is the difference between sanded and unsanded grout? Sanded grout contains fine sand and is used for wider joints (typically 1/8 inch or more), providing added strength and reducing shrinkage. Unsanded grout is smooth and used for narrower joints (less than 1/8 inch), often on vertical surfaces or with delicate tiles to prevent scratching.

How long does tile grout take to cure? Curing times vary by product type. Cementitious grout may take 24 to 72 hours to cure fully, depending on humidity and temperature, while epoxy grout can cure faster, often within 24 hours. It is crucial to follow the manufacturer's instructions regarding drying times before exposing the surface to water or heavy use.

Can grout be sealed, and is it necessary? Yes, grout can and often should be sealed, especially cement-based grouts, to protect against moisture penetration, staining, and mold growth. Sealing is particularly recommended in high-moisture areas like bathrooms and kitchens. Epoxy and urethane grouts typically do not require sealing due to their inherent resistant properties.

What are the common problems with tile grout and how can they be prevented? Common issues include cracking, discoloration, and mold growth. These can be prevented by using the correct type of grout for the application, ensuring proper mixing and installation, applying sealant where appropriate, and performing regular maintenance with pH-neutral cleaners. Addressing substrate movement and moisture issues during installation is also critical.

Citius Research has developed a research report titled “Tile Grout Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Tile Grout Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Tile Grout Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Tile Grout Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Tile Grout Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Tile Grout Market
• Research Methodology
• Executive Summary
• Market Dynamics of Tile Grout Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Tile Grout Market
• Cost and Gross Margin Analysis of Tile Grout Market
• Tile Grout Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Tile Grout Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Tile Grout Market Key Stakeholders

Below are the key stakeholders for the Tile Grout Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Tile Grout Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Tile Grout Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Tile Grout Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Tile Grout Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Tile Grout Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Tile Grout Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Tile Grout Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Tile Grout Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Tile Grout Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Tile Grout Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Tile Grout Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Tile Grout Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Tile Grout Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Tile Grout Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Tile Grout Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Tile Grout Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Tile Grout Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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