Flooring & tiles market is evolving rapidly, driven by rising living standards

The tiles & flooring market is currently experiencing strong real estate demand. While the overall market is growing, Hindware Italian Collection Tiles, operating in the premium category, anticipates steady growth.

Flooring & tiles market is evolving rapidly, driven by rising living standards
Nirupam Sahay,
Chief Executive Officer, Hindware Limited

How is the tiles & floorings market doing presently?

The tiles & flooring market is currently experiencing strong real estate demand. While the overall market is growing, Hindware Italian Collection Tiles, operating in the premium category, anticipates steady growth. This growth in the premium segment is driven by rising demand for tiles that are both aesthetic and functional in commercial and residential spaces. Evolving architectural designs and a growing preference for sophisticated solutions are further fueling this trend.

How is urbanization driving the trends in tiles and flooring solutions?

Urbanization, coupled with rising disposable incomes, is driving increased construction in densely populated areas, significantly influencing tile and flooring trends. Tiles, with their wide range of designs and durability, offer appealing alternatives to traditional flooring like hardwood and marble. In urban spaces, large-format tiles enhance a sense of spaciousness, while easy maintenance and longevity cater to fast-paced city living.

What are the key products and solutions offered by the company in tiles/floorings?

Hindware has expanded its offerings in the tiles and flooring segment with a range of premium solutions designed for style, durability, and functionality. The brand's key tile offerings include Carpet Tiles (800x1600mm and 600x600mm), providing a sophisticated, textured flooring solution; Wallpaper Tiles (600x1200mm), which bring an artistic touch to walls; and Cool Roof Tiles (300x300mm), specifically designed to maintain lower temperatures during summers. These innovative solutions cater to diverse consumer needs, seamlessly blending aesthetics with benefits.

Further strengthening its presence in the surface industry, Hindware has also forayed into the premium quartz category with the launch of the Italian Quartz Collection. These high-quality slabs are ideal for a variety of applications, from commercial reception areas to stylish kitchen countertops and luxurious bathroom surfaces. Hindware Quartz not only boasts a glossy, elegant finish but also offers exceptional durability, resisting mold, bacteria, stains, and cracks. With easy maintenance properties, it presents a perfect combination of elegance and practicality for modern living spaces. 

What is trending in design and aesthetics?

In design and aesthetics, we're witnessing a significant surge in demand for tiles that blend functionality with decorative appeal. This trend is fuelled by a growing emphasis on aesthetics, with architects and consumers alike seeking modern, customizable solutions. Specifically, we're seeing increased popularity in:

  • Textured and patterned tiles: Tiles with intricate designs, 3D effects, and varied textures are being used to create visually appealing spaces. 
  • Large-format tiles: Larger tiles are gaining traction for their seamless appearance and ability to create a sense of spaciousness. 
  • Metal and wood-look tiles: Tiles that mimic the look of premium materials like metal and wood are sought after for their sophisticated aesthetic.
  • Integrated lighting tiles: Tiles incorporating LED lighting are increasingly popular for their dual functionality and modern appeal.
  • Minimalist aesthetics with natural elements: This includes textured tiles, mosaic designs, white tile schemes, and wood-effect porcelain tiles, which add a sense of organic warmth and simplicity to contemporary spaces

How is sustainability playing a key role in your range of tiles and flooring products?

We understand that our discerning clientele seeks not only exquisite design but also a commitment to ethical and environmentally conscious practices.

Our range of premium planks offers a sustainable alternative to traditional wooden flooring, combining durability with an eco-friendly composition. Free from harmful materials like plastics, VOCs, PVC, and formaldehyde, these planks provide a responsible flooring choice without compromising aesthetics. Ideal for both indoor and outdoor spaces, they replicate the warmth and elegance of natural wood while ensuring minimal environmental impact.

To reinforce this commitment, we meticulously select suppliers who adhere to stringent ethical and environmental standards, prioritizing sustainable practices in sourcing and production. This dual focus on material integrity and responsible procurement allows us to deliver a truly sustainable and high-quality flooring solution that meets the evolving demands of modern, eco-conscious consumers.

What are the growth opportunities of tiles and floorings in the future? What are your future plans?

Looking ahead, the tiles and flooring industry will be shaped by several key trends, particularly in high-end residential and commercial spaces. However, these changes will unfold over the long term. Notable developments include a major shift towards sustainable materials like recycled plastics and biopolymers, along with the rise of multifunctional flooring that offers features like energy generation and climate control. Additionally, there is a growing demand for enhanced customization, allowing customers to create personalized and interactive designs.

In India, the flooring and tiles market is evolving rapidly, driven by rising living standards, increasing disposable incomes, and a preference for functional yet aesthetically appealing interiors. Consumers are increasingly drawn to innovative designs such as wallpaper-inspired tiles, wood-mimicking finishes, and artistic printed patterns. Additionally, commercial spaces are embracing high-performance and stylish flooring solutions, while government investments in infrastructure and smart city projects further propel industry growth.

Recognizing these opportunities, we are committed to delivering cutting-edge designs and technologically advanced products. Our strategic focus lies in Quartz and big tiles, both of which are gaining popularity for their superior durability, seamless aesthetics, and low maintenance. Quartz surfaces offer a sophisticated yet sturdy appeal, making them ideal for contemporary interiors. Meanwhile, large-format tiles create a spacious and elegant look with minimal grout lines, enhancing both design and functionality.

By staying ahead of industry trends and prioritizing product excellence, we aim to drive sustained growth and strengthen our leadership in the market.