Ceramic Tiles - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Ceramic Tiles Market is accounted for $250.16 billion in 2019 and is expected to reach $480.46 billion by 2027 growing at a CAGR of 8.5% during the forecast period. Availability of abundant raw materials and increase in construction activities in developing countries are the major factors propelling the market growth. However, volatile in raw materials prices is hampering the market growth.
Ceramic tiles are the most admired tiles and they are used in building and manufacture actions all over the world. Ceramic tiles are trendy, strong, and versatile. They play an essential role in the furnishings of any space. These are manufactured from different minerals and clays such as kaolin, zircon, and clay. Raw materials undergo different mechanical operations such as mixing, drying, and forming to yield the ceramic tile body.
Based on the product, the porcelain tiles segment is estimated to have a huge demand in the forecast period. These tiles are used for non-residential settings such as hotel lobbies, commercial offices, and museums as it is rising as a cost-effective substitute to conventional stone resources. Furthermore, development in production technology has made it possible to manufacture tiles of larger dimensions, thereby positively influencing the growth of the market.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to increasing disposable income of the population, and rising construction activities. With the presence of promising construction industry in China, the region is driving the growth of the market.
Some of the key players profiled in the Ceramic Tiles Market include Mohawk Industries, Ceramiche Atlas Concorde, Siam Cement, Grupo Lamosa, Kajaria Ceramics, NITCO Tiles, China Ceramics, Johnson Tiles (H & R), Ceramica Saloni, Florida Tiles, Gruppo Ceramiche Ricchetti, Porcelanosa Grupo, Orient Bell Ceramics, Asian Granito and Grespania.
• Vitrified Tile
• Industrial Tile
• Porcelain Tiles
• Scratch Free Ceramic Tiles
• Mosaic Tiles
• Paver Tiles
• Quarry Tiles
Raw Materials Covered:
• Silica Sand
• Slicon Carbide Ceramics
• Silicon Nitride
• Cordierite Ceramics
Construction Types Covered:
• Replacement & Renovation
• New Construction
• Wall Tile
• Floor Tile
• Other Applications
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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