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Home › Industry Metrics › NAICS 23834

NAICS 23834 - Tile and Terrazzo Contractors

NAICS 23834 - TILE AND TERRAZZO CONTRACTORS
NAICS 23831 Drywall and Insulation Contractors NAICS 23832 Painting and Wall Covering Contractors NAICS 23833 Flooring Contractors NAICS 23834 Tile and Terrazzo Contractors NAICS 23835 Finish Carpentry Contractors NAICS 23839 Other Building Finishing Contractors
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This industry comprises establishments primarily engaged in setting and installing ceramic tile, stone (interior only), and mosaic and/or mixing marble particles and cement to make terrazzo at the job site. The work performed may include new work, additions, alterations, maintenance, and repairs.

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This industry comprises establishments primarily engaged in setting and installing ceramic tile, stone (interior only), and mosaic and/or mixing marble particles and cement to make terrazzo at the job site.

The work performed may include new work, additions, alterations, maintenance, and repairs.

Explore the industry hierarchy

Drill down to explore more specific industries.

NAICS 23 Construction
NAICS 238 Specialty Trade Contractors
NAICS 2383 Building Finishing Contractors
NAICS 23834 Tile and Terrazzo Contractors
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Industry trends

The Tile and Terrazzo Contractors industry, classified under NAICS 23834, is witnessing several qualitative trends that are shaping its future. A significant trend is the increasing preference for sustainable and eco-friendly materials. Contractors are now shifting towards greener options like recycled glass tiles and terrazzo made with post-consumer recycled materials to meet consumer demand for environmentally responsible products.

Another notable trend is the growing popularity of custom and intricate designs. Clients are seeking unique, personalized tile and terrazzo installations that reflect individual tastes and aesthetics, driving artisanship and bespoke craftsmanship to new heights. Consequently, there is a rising demand for skilled labor capable of executing these intricate designs.

Technological advancements are also making an impact. The adoption of advanced installation techniques and tools, including waterjet cutting and digital measuring systems, is improving precision and efficiency in projects. Additionally, the use of 3D visualization software allows clients to see detailed renderings of their projects before initiation, enhancing satisfaction and reducing errors.

Looking ahead, the industry is expected to continue growing, buoyed by a robust construction sector and increasing home renovation activities. The integration of technology, coupled with the enduring appeal of personalized and sustainable solutions, will likely drive demand and innovation. The industry's future will also depend heavily on the development and training of skilled labor to meet these emerging trends.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 7%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 93%

Loan Failure Rate 10%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 73%

Total Companies in this Industry 1,334
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Explore related industries

  • NAICS 23834 Tile and Terrazzo Contractors
  • NAICS 238340 Ceramic tile installation
  • NAICS 238340 Granite, interior, installation
  • NAICS 238340 Mantel, marble or stone, installation
  • View all related industries

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