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Case Study:SP&H Conducts Market Research for an International Tile Manufacturer
An overseas tile manufacturer interested in expanding its distribution network in the U.S. needed an in-depth market and industry analysis.
Case Background:
A large tile manufacturer (the "Company") was considering expanding its distribution network in the U.S. SP&H conducted an in-depth analysis of the potential market for the Company's products in the U.S., and identified potential obstacles to the Company's distribution expansion plan.
SP&H's Analysis:
SP&H performed the following analyses:
- Analysis of the U.S. tile manufacturing and retail industries
- Analysis of import and export shipments of tiles
- Market saturation analysis
- Identification and analysis of primary competitors
- Home improvement and remodeling trends and forecasts
- In-depth demand analysis for flooring tiles
- Economic analysis
- Consumer debt levels and interest rates
- Trends in consumer preferences
- Analysis of substitute products (e.g., wood flooring, linoleum, etc.)
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