Residential Ceramic Tiles Market to Grow with a CAGR of 6.75% through 2028
Increasing demand for durable, low-maintenance, and
aesthetically appealing flooring and walling materials in residential
applications are likely to drive the market in the forecast period, 2024-2028.
According to TechSci Research report, “Residential
Ceramic Tiles Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Residential Ceramic Tiles
Market stood at USD 8.91 billion in 2022 and is anticipated to grow with a CAGR
of 6.75% in the forecast period, 2024-2028. One of the significant drivers of the residential ceramic
tile market is the increasing demand for aesthetic customization in home
design. Today's homeowners and interior designers seek personalized and unique
living spaces that reflect individual tastes and styles. Ceramic tiles offer a
vast array of design options, making them a preferred choice for achieving this
customization. Ceramic tiles are available in an extensive range of colors,
patterns, textures, and sizes, allowing homeowners to create distinctive and
visually appealing environments. Whether it's creating intricate mosaic
patterns for a kitchen backsplash, replicating the look of natural stone for a
bathroom floor, or designing a contemporary and sleek living room with
large-format tiles, ceramic tiles provide the flexibility needed to turn design
visions into reality. Furthermore, advancements in digital printing technology
have revolutionized ceramic tile design. This technology enables the production
of highly detailed and realistic tile patterns, including those that mimic the
appearance of wood, marble, and other natural materials. As a result,
homeowners can achieve the aesthetic they desire without sacrificing the
durability and ease of maintenance that ceramic tiles offer. This growing
demand for aesthetic customization drives innovation in ceramic tile
manufacturing, inspiring manufacturers to continually introduce new designs and
finishes to cater to the evolving preferences of homeowners and designers.
Another significant driver of the
residential ceramic tile market is the increasing emphasis on sustainability
and eco-friendly building practices. With growing environmental awareness and
concerns about the ecological impact of construction materials, ceramic tiles
have gained popularity due to their environmentally responsible attributes. Ceramic
tiles are considered an eco-friendly choice for several reasons: Longevity:
Ceramic tiles have a long lifespan, often outlasting many other flooring and
wall covering materials. This durability reduces the need for replacements,
conserving resources in the long run. Recycled Materials: Many manufacturers
use recycled materials in the production of ceramic tiles, reducing the
consumption of virgin resources and waste generation. Low VOC Emissions:
Ceramic tiles typically have low or no Volatile Organic Compound (VOC)
emissions, contributing to improved indoor air quality and reducing harmful
pollutants. Energy Efficiency: The production of ceramic tiles has become more
energy-efficient over the years, helping to lower carbon footprints.
Easy Maintenance: Ceramic tiles require
minimal maintenance, reducing the need for harsh chemicals and water for
cleaning. Sustainability certifications and labels, such as LEED (Leadership in
Energy and Environmental Design) and ENERGY STAR, further promote the use of
ceramic tiles in eco-friendly construction projects. As homeowners and builders
prioritize sustainability in residential construction, the demand for ceramic
tiles with environmentally friendly characteristics continues to grow, driving
innovation and the adoption of sustainable practices within the industry.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Residential Ceramic Tiles Market.”
The Global Residential Ceramic Tiles Market is
segmented into product, application, construction and region. Based on the
application, The Floor segment emerged as the dominant player in the global
market for Residential Ceramic Tiles in 2022. The flooring segment of the
Residential Ceramic Tiles market is a significant and growing part of the
global ceramic tile industry. Ceramic tiles are widely used in residential flooring
due to their durability, versatility, and aesthetic appeal. Growth is driven by factors such as
population growth, urbanization, and the increasing trend of home renovations
and improvements. Consumer preferences significantly influence the flooring
segment of the Residential Ceramic Tiles market. Some notable trends and
preferences include. Aesthetic Appeal: Consumers often prioritize ceramic tiles
that offer aesthetically pleasing designs, including options that mimic the
appearance of natural materials like wood, stone, and marble. Size and Format:
Large-format tiles are gaining popularity as they create a more contemporary
and spacious look. However, traditional sizes and formats remain in demand for
various residential applications. Sustainability: Eco-friendly and sustainable
options are increasingly sought after. Tiles made from recycled materials and
those with low VOC (Volatile Organic Compounds) emissions are preferred by
environmentally-conscious consumers. Based on construction, The new
construction segment is projected to experience rapid growth during the
forecast period. New construction is a significant driver of the global
Residential Ceramic Tiles market. It encompasses the use of ceramic tiles in
newly built residential properties worldwide, ranging from individual houses to
large residential complexes and apartment buildings. The market size for
ceramic tiles in new construction is substantial and closely tied to the
overall construction industry. The growth of this segment is closely linked to
the health of the construction industry, which can fluctuate significantly
based on regional economic conditions, population growth, and urbanization
rates.
Major companies operating in Global Residential
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
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“The Global Residential Ceramic Tiles market is
expected to rise in the upcoming years and register a significant CAGR during
the forecast period. The growth of the residential ceramic tiles market is
driven by the increasing demand for durable, low-maintenance, and aesthetically
appealing flooring and walling materials in residential applications. The
rising disposable income of consumers in developing countries is also
contributing to the growth of the market. Additionally, the following are the
key trends in the global residential ceramic tiles market such as growing
popularity of large format tiles, increasing demand for eco-friendly tiles, rise
of online retailing, increasing use of digital printing technology development
of new and innovative tile designs among others. Therefore the market of Residential
Ceramic Tiles is expected to boost in the upcoming years..,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Residential Ceramic Tiles Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast, Segmented
By Product (Glazed, Porcelain, and Unglazed), By Application
(Floor, Wall, Roof, and Others), By Construction (New Construction and
Replacement & Renovation), By
Region, By Competition Forecast
& Opportunities, 2018-2028F”, has evaluated the future growth potential of Global
Residential 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 Residential
Ceramic Tiles Market.
Contact
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com