Tile Grout Market Size, Share, Growth Analysis, By Type(Unsanded Grout, Finely Sanded Grout, Epoxy Grout, and Others), By Application(Residential, Industrial, and Commercial), By Region - Industry Forecast 2024-2031

Global tile grout market size was valued at USD 2.5 billion in 2022 and is poised to grow from USD 2.67 billion in 2023 to USD 4.52 billion by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031).

Tile grout is a powdered mix of cement, color pigments, and limestone used to fill the gaps between tiles once installed on the floor or walls. Increasing focus on aesthetics and interior decoration in commercial and residential spaces is projected to bolster the demand for tile grout over the coming years. Growing construction activity and rising consumer spending potential are also estimated to contribute to the growing tile grout demand outlook going forward. An increasing number of people undertaking renovation projects to make their living spaces more elegant and personalized is also slated to bolster the tile grout market growth across the forecast period and beyond. Rapid urbanization around the world is also anticipated to favor the global tile grout market development through 2031.

Developing and developed countries are equally opportune when it comes to the tile grout market. Tile grout market players should focus on product innovation and the development of new tile grout that can be used with a wide variety of tiles. However, the requirement of skilled labor for application and the growing availability of flooring alternatives could hurt tile grout market growth going forward.