Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 259

South Africa Tile Industry Report 2019

Posted by fidest press agency su lunedì, 11 marzo 2019

South Africa’s tile industry is experiencing difficulties due to poor economic conditions, restrained consumer spend and limited public and private sector investment. The construction industry, on which the tile sector is reliant, is highly dependent on government infrastructure development which has been slow.Despite the tough conditions, major player Italtile grew its store network of CTM, Italtile Retail and TopT by 9% to 176 in 2018 and will open 10 to 15 more in 2019. Tile Africa, owned by London-based Norcros, has 32 owned stores and two franchise stores and added two in 2018 with plans to open a further two stores in 2019. Metrotile Europe has also increased its footprint in South Africa and neighbouring countries through local partner Metrotile SA.

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