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Global Ceramic Tiles Industry Market Dynamics & Strategic Insights 2021-2030
Ceramic tiles are non-metallic, inorganic materials made up of sand, natural products, and clays and then molded into various shapes, then they are subject to heat in a kiln. Ceramic tiles are either glazed or unglazed, however, glazed ceramic tiles are most preferred in the residential sector. Ceramic tiles are durable, rigid, and environment-friendly materials that comply with green building standards, thus are gaining traction in flooring and walling applications. These products are commercially available in a wide range of colors, sizes, and textures, thus are gaining consumer attraction for high-end flooring applications.
Global Ceramic Tiles Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Floor tiles, Wall tiles, Others (roofing tiles, and ceiling tiles)) Application (Residential, Non-residential) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Ceramic Tiles Market wаѕ vаluеd аt UЅD 89,563.2 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 8.7% frоm 2021 tо 2030.
The report on Global Ceramic Tiles Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Ceramic Tiles Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Ceramic Tiles Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Ceramic Tiles Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Ceramic Tiles Market.
Market Dynamics:
The growing use of ceramic tiles due to growth in the construction of office spaces, lodging spaces, shopping malls, and other utility spaces across the globe are expected to drive the growth of the global market over the forecast period. Increasing demand for better aesthetics, durable, easy to maintain, fire-, water-, and scratch-resistant ceramic tiles in various types of construction activity is a key factor driving the growth of the ceramic tiles market globally. Also, increasing demand for ceramic tiles in various applications such as hospitals, laboratories, and residential buildings, owing to their highly durable, ease of maintenance, and cost-effective properties expected to drive the growth of the global ceramic tiles market over the forecast period. Moreover, ceramic tiles are a healthy and affordable choice as compared to regular paints, owing to availability of stain and germ resistant tiles is another factor further fuel growth of the global ceramic tiles market in the near future.
However, the emission of CO2 in the atmosphere at the time of manufacturing ceramic tiles and increasing demand for substitutes of ceramic tiles such as rubber and glass tiles are key factors restraining the growth of the global ceramic tiles market over the forecast period. Also, volatility in raw material prices, owing to economic crises resulting in fluctuation in the cost of raw materials such as silica sand, feldspar, kaolin, and bentonite is another factor that hampers the growth of the global ceramic tiles market in the near future.
One of the key trends observed in the market is the adoption of eco-friendly tiles, vitrified tiles, 3D tiles, and designer tiles for decorative purposes is expected to spur the growth of the global ceramic tiles market. Factors such as the introduction of Nano-technology, and increasing investment into development to the environment-friendly production process, owing to increasing government regulations for greenhouse gas emission are expected to create potential opportunities for the global ceramic tiles market players soon.
Segmental Analysis:
Among the type segments, the floor tiles segment accounted for the maximum number of revenue shares and is expected to continue doing so over the forecast period. This attributed to superior shock & thermal resistance and high durability properties as compared to hardwood is likely to have a positive impact on the global ceramic tiles market size over the forecast duration.
Among the application segments, the non-residential segment accounted for the highest number of revenue shares of the global ceramic tiles market and is anticipated to register the highest CAGR over the next decade. Rising demand for highly durable and cost-efficient ceramic flooring for use in high-traffic commercial and industrial sectors is projected to drive the market over the forecast period.
Regional Analysis:
The Asia Pacific market is estimated to account for the highest revenue share and is expected to continue its dominance over the forecast period, due to growing construction industries, coupled with changing lifestyles and increasing adoption of ceramic tiles in end-use industries in countries in this region. The Middle East & Africa market is expected to be the fastest-growing region in the global ceramic tiles market, due to the growing construction business in Saudi Arabia, Qatar, Kuwait, and UAE. Also, Egypt is emerging as a center for foreign direct investments and shall promise a bright future for product demand over the forecast duration.
Global Ceramic Tiles Market Segmentation:
Segmentation by Type:
• Floor tiles
• Wall tiles
• Others (roofing tiles, and ceiling tiles)
Segmentation by Application:
• Residential
• Non-residential
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
CERAMICHE ATLAS CONCORDE S.P.A.
iBLACKSTONE GROUP
Centura (Toronto) Limited
China Ceramics Co., Ltd.
Crossville Inc.
DEL Conca USA Inc.
Florida Tile, Inc.
Iris Ceramica S.p.A.
Kajaria Ceramics Limited
Mohawk Industries, Inc.
Global Ceramic Tiles Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Floor tiles, Wall tiles, Others (roofing tiles, and ceiling tiles)) Application (Residential, Non-residential) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Ceramic Tiles Market wаѕ vаluеd аt UЅD 89,563.2 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 8.7% frоm 2021 tо 2030.
The report on Global Ceramic Tiles Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Ceramic Tiles Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Ceramic Tiles Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Ceramic Tiles Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Ceramic Tiles Market.
Market Dynamics:
The growing use of ceramic tiles due to growth in the construction of office spaces, lodging spaces, shopping malls, and other utility spaces across the globe are expected to drive the growth of the global market over the forecast period. Increasing demand for better aesthetics, durable, easy to maintain, fire-, water-, and scratch-resistant ceramic tiles in various types of construction activity is a key factor driving the growth of the ceramic tiles market globally. Also, increasing demand for ceramic tiles in various applications such as hospitals, laboratories, and residential buildings, owing to their highly durable, ease of maintenance, and cost-effective properties expected to drive the growth of the global ceramic tiles market over the forecast period. Moreover, ceramic tiles are a healthy and affordable choice as compared to regular paints, owing to availability of stain and germ resistant tiles is another factor further fuel growth of the global ceramic tiles market in the near future.
However, the emission of CO2 in the atmosphere at the time of manufacturing ceramic tiles and increasing demand for substitutes of ceramic tiles such as rubber and glass tiles are key factors restraining the growth of the global ceramic tiles market over the forecast period. Also, volatility in raw material prices, owing to economic crises resulting in fluctuation in the cost of raw materials such as silica sand, feldspar, kaolin, and bentonite is another factor that hampers the growth of the global ceramic tiles market in the near future.
One of the key trends observed in the market is the adoption of eco-friendly tiles, vitrified tiles, 3D tiles, and designer tiles for decorative purposes is expected to spur the growth of the global ceramic tiles market. Factors such as the introduction of Nano-technology, and increasing investment into development to the environment-friendly production process, owing to increasing government regulations for greenhouse gas emission are expected to create potential opportunities for the global ceramic tiles market players soon.
Segmental Analysis:
Among the type segments, the floor tiles segment accounted for the maximum number of revenue shares and is expected to continue doing so over the forecast period. This attributed to superior shock & thermal resistance and high durability properties as compared to hardwood is likely to have a positive impact on the global ceramic tiles market size over the forecast duration.
Among the application segments, the non-residential segment accounted for the highest number of revenue shares of the global ceramic tiles market and is anticipated to register the highest CAGR over the next decade. Rising demand for highly durable and cost-efficient ceramic flooring for use in high-traffic commercial and industrial sectors is projected to drive the market over the forecast period.
Regional Analysis:
The Asia Pacific market is estimated to account for the highest revenue share and is expected to continue its dominance over the forecast period, due to growing construction industries, coupled with changing lifestyles and increasing adoption of ceramic tiles in end-use industries in countries in this region. The Middle East & Africa market is expected to be the fastest-growing region in the global ceramic tiles market, due to the growing construction business in Saudi Arabia, Qatar, Kuwait, and UAE. Also, Egypt is emerging as a center for foreign direct investments and shall promise a bright future for product demand over the forecast duration.
Global Ceramic Tiles Market Segmentation:
Segmentation by Type:
• Floor tiles
• Wall tiles
• Others (roofing tiles, and ceiling tiles)
Segmentation by Application:
• Residential
• Non-residential
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
CERAMICHE ATLAS CONCORDE S.P.A.
iBLACKSTONE GROUP
Centura (Toronto) Limited
China Ceramics Co., Ltd.
Crossville Inc.
DEL Conca USA Inc.
Florida Tile, Inc.
Iris Ceramica S.p.A.
Kajaria Ceramics Limited
Mohawk Industries, Inc.
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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