Special trade contractors primarily engaged in setting and installing ceramic tile, marble, and mosaic, and in mixing marble particles and cement to make terrazzo at the site of construction. Establishments primarily engaged in manufacturing precast terrazzo steps, benches, and other terrazzo articles are classified in Manufacturing, Industry 3272.
In the Terrazzo, Tile, Marble, and Mosaic Work industry (NAICS 1743), several qualitative trends are emerging. Sustainability and eco-friendly materials are gaining significant traction, with companies increasingly adopting recycled content and low-emission products. This trend aligns with broader construction industry movements towards environmentally responsible practices, driven by both regulatory requirements and consumer demand for green building certifications like LEED.
There is also a growing emphasis on technological integration. Digital design tools and Building Information Modeling (BIM) are becoming standard, allowing for precise planning and improved collaboration among stakeholders. Advances in fabrication technology, such as waterjet cutting and CNC machining, are enabling more intricate and customized designs, further enhancing the aesthetic appeal of materials like marble and tile.
Moreover, the market is seeing a shift towards more luxurious and high-end finishes, driven by consumer preferences for unique and visually striking interiors. Custom mosaics and intricate marble patterns are popular in both residential and commercial applications. This demand for premium products is pushing companies to innovate and diversify their offerings.
In terms of forecasts, the industry is expected to continue its growth trajectory, supported by the ongoing construction boom and the increasing popularity of renovation projects. The trend towards urbanization and the development of multi-family housing units are likely to provide sustained demand for these applications. Additionally, the emphasis on sustainability and technological advancements will remain pivotal, shaping the strategies of leading market players in the near future.
Fresco work-contractors
Mantel work-contractors
Marble installation, interior: including finishing-contractors
Mosaic work-contractors
Terrazzo work-contractors
Tile installation, ceramic-contractors
Tile setting, ceramic-contractors
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.