Global Ceramic Tiles Market is expected to grow at a robust CAGR.
Global Ceramic Tiles Market is expected to grow owing to an
increase in residential construction spending and renovation activities throughout
the forecast period.
According to TechSci Research report, “Ceramic Tiles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”,
the Global Ceramic Tiles Market is expected to register
robust growth during the forecast period owing to the growth of the building
industry, driven by the rapid expansion of the housing sector and increased
construction spending worldwide. Urbanization and population growth are
expected to further fuel the expansion of the ceramic tiles market. Ceramic
tiles offer enhanced aesthetics, durability, and reliability, resulting in a
surge in demand for their use in numerous construction projects. The global
ceramic tiles market presents numerous opportunities for industry participants,
driven by the rise in disposable income and the rapid global economic
expansion. Key players are also expanding their business to strengthen their
market position and showcase the latest ceramic products. For example, in
August 2020, R.A.K. Ceramics inaugurated its flagship showroom in the UK,
featuring a 250sqm space dedicated to showcasing the most recent ceramic tiles
and other ceramic products.
Digitally printed ceramic
tiles have emerged as a recent market trend. Consumers are increasingly drawn
to these tiles for their intricate designs, which greatly enhance the aesthetic
appeal of any space. Furthermore, advancements in printing technologies have
enabled manufacturers to achieve consistent and uniform designs. This, coupled
with the growing demand for innovative interior decor, has resulted in a
significant increase in the consumption of digitally printed tiles.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on the "Global Ceramic Tiles Market"
The Global Ceramic
Tiles Market is segmented based on product, application, construction,
construction and region. Based on product, the market is bifurcated into glazed,
porcelain, scratch-free and others. Based on application, the market is
bifurcated into floor tiles, wall tiles and others. Based on construction, the
market is bifurcated into new construction and replacement & renovation. Based
on construction, the market is bifurcated into residential
and non-residential. Based on region, the market is further bifurcated into
North America, Asia-Pacific, Europe, South America, Middle East & Africa.
Based on end user, Residential segment is expected to dominate the market during the forecast period. The
demand for porcelain tiles has experienced significant growth in recent years,
attributed to their exceptional properties such as low water absorption, slip
resistance, and antibacterial characteristics. These remarkable attributes have
made porcelain tiles a preferred choice for both residential and commercial
buildings. Porcelain tiles are available in various types, including glazed
porcelain tiles, unglazed porcelain tiles, and full-body porcelain tiles,
primarily used for heavy-duty flooring applications. Notably, unglazed
porcelain tiles possess a uniform color and through-body composition,
minimizing the visibility of any minor chips compared to ceramic tiles.
Based on application, Wall
Tiles segment is projected to dominate the market throughout the forecast
period. Ceramic wall tiles are driven by the evolving home décor trends. The
increasing demand for wall tiling patterns in living spaces has bolstered the
need for these tiles. Furthermore, brand owners expanding their product lines
to cater to new application areas beyond kitchens and bathrooms are expected to
further propel the market growth. Porcelain wall tiles are increasingly being
utilized in commercial settings such as corporate offices, hotel lobbies, and
museums due to their cost-effectiveness compared to traditional stone
materials. Moreover, advancements in production technology have enabled the
production of larger dimension tiles, thereby positively impacting the overall
growth of the ceramic tiles market.
Key market players in the Global Ceramic
Tiles Market are:-
- Mohawk
Industries Inc.
- Siam
Cement Group
- Grupo
Lamosa
- Grupo
CEDASA
- RAK
Ceramics PJSC
- Kajaria
Ceramics
- Ceramica
Carmelo FIOR
- PAMESA
- Ceramiche
Atlas Concorde SPA
- Grupo
Fragnani
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“The
Asia Pacific region exhibits indications of emerging as a dominant force during
the forecast period. Furthermore, the thriving construction sector in this
region will significantly contribute to consumption growth. China plays a
pivotal role in driving market expansion in Asia Pacific. Favorable factors
such as raw material availability, low labor costs, and investments in modern
infrastructure will exert a positive influence on market growth.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Ceramic Tiles Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast 2018-2028 Segmented By Product (Glazed, Porcelain,
Scratch-free and Others), By Application (Floor Tiles, Wall Tiles and Others),
By Construction (New Construction and Replacement & Renovation), By End
User (Residential and Non-Residential), By Region,” has evaluated the future growth potential of Global Ceramic Tiles Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Ceramic Tiles Market.
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