Neolith® taps into the trends shaping the residential renovation market.
A recent report by Global Market Insights has indicated that the worldwide renovation and remodelling market will surpass $5 trillion by 2024. This can be attributed to a number of different reasons including: increasing land rents, essential improvements necessitated by technological evolution and the adoption of green solutions amongst others.
Neolith has noticed a growing trend in refurbishment across the global residential property markets. In a landscape of rapidly spiralling property prices and rates, the potential cost benefits of upgrading an existing home or business space are attractive. More property owners are starting to reappraise their existing homes, making stylistic and structural improvements than looking further afield.
Whether updating a historic property or specifying for an urban apartment block, the broad range of construction materials now available on the market offers greater freedom to develop a concept which delivers on even the most ambitious client brief.
Whatever the space, renovations add value, creating a long-term investment which will deliver significant returns in the future.
Over the last five years, Neolith has registered an upsurge in sales specifically for refurbishment and retrofit projects. Looking forward, as this market shows no sign of slowing down, the Sintered Stone brand offers its perspective on what will be driving purchasing decisions in 2019.
The Perfect Performance
The efficient secret
Refurbishing a house is no small task and can cause huge disruption to home life if not carefully planned. Choosing the right architect and builders to undertake the required work is essential, but another important factor is the material chosen for the project.
Before & After. Floor Phedra Satin, Walls Arctic White Silk, Coffee Table Calacatta Polished, Backsplash Estatuario Silk
Quick installations, to ensure a room is out of use for as little time as possible, are becoming more popular. The fast pace of modern family life and a premium on living space is driving this desire for more haste in the build process. As such, high quality, adaptable and lightweight materials are necessary for a successful refurbishment, saving valuable time and money.
Going the distance
Homeowners are keen to specify long lasting components, which look good but can also withstand the rigours of everyday life. This is where the ultimate value lies. As such there has been a greater call in the market for more high-performance materials which can resist scratching, staining and fluctuating temperatures while maintaining its integrity.
Investing in higher quality offers value for money long term, as upkeep costs will be kept down. Significantly, this decision will also increase the period of time between renovation cycles. Ultimately, cheaper, lower quality products always a false economy.
I can’t believe it’s not concrete!
The expectation in 2019 is that demand from homeowners for hyper-realistic finishes and textures which faithfully mimic quartz, concrete, woods and metals will grow. Especially in the Sintered Stone market. Increasingly accurate design and production means that the look and feel of natural materials which would not traditionally be applied for certain household applications can now be simulated.
For example, when looking to replace soft or porous surfaces, such as marble or sandstone, Sintered Stone offers a solution. It looks and feels identical to the real thing whilst providing the reassurance of robustness and durability.
Definitive Design
From a design perspective, Neolith has noticed a number of design trends developing as homeowners look to the current zeitgeist for inspiration. Here is what they believe will drive the aesthetic sensibilities of home-improvers and refurbishers in the coming year.
Neolith Estatuario Polished
Pump up the volume
Where grey tones have dominated in 2017/2018, a gradual return to more vibrant palettes has been observed. Brighter hues are being specified and a reappreciation for Nathalie Du Pasquier and the iconic Memphis School is encouraging a bolder, more adventurous approach. Big splashes of base colour and high-volume tones are delivering punchy and distinctive interiors perfect for the ultra-modern dwelling.
Knock on wood
The organic look and feel of unpolished wood has timeless appeal and, with the steadily increasing desire for Scandinavian chic over the last few year, has become highly sought after. In contemporary kitchens it can be combined with contrasting materials, such as Beton or Corten, offering a captivating juxtaposition between the natural and industrial.
Neolith Beton
Dramatic Effects
Intimate rooms, full of dark hues and moody tones are witnessing a revival as designers rediscover the attraction of the cosy parlours and boudoirs of fin de siècle Paris. It’s a definitive reaction to the sparse, minimalist approach which has dominated interior design taste over the last few years.
Varnished browns, lacquered blacks, vermillion reds and deep purples are increasingly being specified for furniture and upholstery. When these shades are emphasised with pools of warm lighting, casting sultry shadows across a room, homeowners can create a suave environment perfect for relaxation.
To find out more about Neolith in relation to your next refurbishment project click here