Global Ceramic Tiles Market: Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Ceramic Tiles Market: By Product Type (Wall Tile, Vitrified Tile, Industrial Tile and Floor Tile), By Raw Material (Silica Sand, Kaolin, Feldspar and Bentonite), By Application (Residential Replacement, New Residential, Commercial and Others) and Geography

 

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Report

Description

The ceramic tiles market is expected to reach from USD 207.10 billion in 2020 to USD 312 billion by 2027, at a CAGR of 6.7% during the forecast period 2021 to 2027. Some of the key factors influencing the market growth include rapid urbanization together with rise in disposable income, increasing number of renovation & remodeling activities, demand for repair and maintenance, growing investments in the construction industry and technological advancements in the industry. However, volatile raw material prices and strict government regulations are hampering the market growth. Global Ceramic Tiles market report gives comprehensive outlook on ceramic tiles across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.This report studies global ceramic tiles market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global ceramic tiles market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).Technological advancements in the industry has introduced high quality products along with eye pleasing appearance. Various ceramic tiles manufacturers are now using inkjet printing technology to meet consumer demand for aesthetic tiles. Technological advancements such as automation in manufacturing is projected to assist the market growth in the upcoming years. Recent advancement in processes has led to the development of the highest quality of finish in ceramic tiles. Population expansion, rising disposable income, increased renovation and remodelling activities, and increased investments in the residential and commercial sectors have all contributed to the growth of the ceramic tile industry. The industry might benefit from rising demand from emerging nations and the expansion of the organised retail sector. However, the market’s expansion is hampered by volatile raw material prices and rising regulations and tariffs.

 

 

 

 

 

Ceramic Tiles Market

MARKET SUMMARY
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6.7% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 6.7%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Ceramic Tiles Market

  • The report on global Ceramic Tiles Market gives historical, current, and future market sizes (US$ Bn) on the basis of product type, raw material, application and geography.
  • Ceramic Tiles Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global ceramic tiles market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global ceramic tiles products.
Key Players
  • Gruppo Concorde
  • Guangdong Dongpeng Ceramic Co.Ltd
  • Kajaria Ceramics
  • Lamosa
  • Mohawk Industries
Growth

Ceramic Tiles Market

Ceramic tiles are a mixture of clays and other natural materials, such as sand, quartz and water. The ceramic tile industry has been experiencing for the last three decades a dramatic process and product innovation, leading to a drastic upgrading of the technological cycle and the development of new typologies of wall and floor tiles. The innovative trend in tile making plants has not been gradual, but more properly a stepwise process, with a rapid success of a specific innovation, followed by a period of consolidation and upgrading of the technology, prior to a further step.


Asia-Pacific got significant share

Ceramic Tiles Market

Asia Pacific accounted for larger revenue share in global ceramic tiles market with considerable CAGR. The growth in this region is due to expansion in construction industry, growth in the region’s population and stable economic growth in the region. Also, China and India are the major contributors for the market growth in this region owing to affordable housing projects which have created demand for various construction materials. In addition, North America held considerable market share due to increasing construction of green buildings in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report


Ceramic Tiles Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Gruppo Concorde (Italy)
  • Guangdong Dongpeng Ceramic Co.Ltd (China).
  • Kajaria Ceramics (India)
  • Lamosa (Mexico)
  • Mohawk Industries Inc (U.S.).
  • Pamesa Ceramica (Spain)
  • Panariagroup Industrie Ceramiche S.p.An (Italy)
  • RAK Ceramics (Arab Emirates)
  • Roca SanitarioS.A (Spain).
  • The Siam Cement Public Company Limited(Thailand)

Description

The ceramic tiles market is expected to reach from USD 207.10 billion in 2020 to USD 312 billion by 2027, at a CAGR of 6.7% during the forecast period 2021 to 2027. Some of the key factors influencing the market growth include rapid urbanization together with rise in disposable income, increasing number of renovation & remodeling activities, demand for repair and maintenance, growing investments in the construction industry and technological advancements in the industry. However, volatile raw material prices and strict government regulations are hampering the market growth. Global Ceramic Tiles market report gives comprehensive outlook on ceramic tiles across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.This report studies global ceramic tiles market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global ceramic tiles market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).Technological advancements in the industry has introduced high quality products along with eye pleasing appearance. Various ceramic tiles manufacturers are now using inkjet printing technology to meet consumer demand for aesthetic tiles. Technological advancements such as automation in manufacturing is projected to assist the market growth in the upcoming years. Recent advancement in processes has led to the development of the highest quality of finish in ceramic tiles. Population expansion, rising disposable income, increased renovation and remodelling activities, and increased investments in the residential and commercial sectors have all contributed to the growth of the ceramic tile industry. The industry might benefit from rising demand from emerging nations and the expansion of the organised retail sector. However, the market’s expansion is hampered by volatile raw material prices and rising regulations and tariffs.

 

 

 

 

 

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX