The global ceramic tiles market is anticipated to propel in coming years due to rising construction activities across Asia Pacific and North America. Ceramic tiles are gaining popularity owing to low carbon footprint and good aesthetics offered by these tiles.
Additionally, ceramic tiles are durable, resistant to water, moisture and fire and are cheap as compared to other flooring products. This has fueled the demand for ceramic tiles in retro fitting construction applications. The global ceramic tile market is anticipated to grow at a CAGR of 6.5% (approx.) during the forecast period, with major demand from developing countries. North America contributed major share to market in 2018 fueled by rise in construction activities across the United States. China and India are expected to be the most lucrative market for ceramic tiles with rising population and expanding commercial & residential infrastructures across these countries.
Major players operating in the global ceramic tiles market include Kajaria Ceramics, Siam Cement, Grupo Lamosa, Porcelanosa Group, Crossville Inc., Gruppo Ceramiche Ricchetti, China Ceramics Co. Ltd, Saloni Ceramica, Mohawk Industries, and Veisa Ceramics.
The report titled “Ceramic Tiles Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” offers market estimates for the period 2019 to 2032, wherein 2021 is the historic period, 2022 is the base year, and 2023 to 2032 is forecast period.
Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Ceramic Tiles market. Furthermore, the report would reflect on the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study.
For instance, Kajaria Ceramics reported revenues of US$ 416.31 Million in 2018 and the segment and geographic analysis of the company indicates that Tiles segment is the dominating segment of the company, with India being the major revenue generating market.
The Ceramic Tiles market study is segmented based on product type, construction type, application, end use, and geography. Based on product type the market is segmented into glazed ceramic tiles, porcelain ceramic tiles, scratch free ceramic tiles, and others. Based on construction type, the global ceramic tile market is segmented into new construction and retrofit construction. Based on application, the global ceramic tile market is segmented into wall, floor, and others. Based on end use, the market is segmented into residential, commercial and industrial. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Additionally, the study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on ceramic tiles. Further, market share of company in the global ceramic tiles market would also be calculated. For instance, Tiles segment of Kajaria Ceramics deals with Ceramic Tiles products, with a revenue contribution of US$ 387.9 Million. The report study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the ceramic tiles manufacturing companies. Furthermore, the global ceramic tiles market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the ceramic tiles business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global ceramic tiles marketplace.
Ceramic Tiles Market Segmentation:
By Product type
By Construction type
By Application
By End-use
By Geography
North America contributed major share to market fueled by rise in construction activities across the United States.
Key ceramic tiles market players are Kajaria Ceramics, Siam Cement, Grupo Lamosa, Porcelanosa Group, Crossville Inc., Gruppo Ceramiche Ricchetti, China Ceramics Co. Ltd, Saloni Ceramica, Mohawk Industries, and Veisa Ceramics.
The major applications of ceramic tiles include wall, floor, and others.
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