LONDON--(BUSINESS WIRE)--The latest market research report by Technavio on the global ceramic tiles market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. The report offers an up-to-date analysis of the market with regards to the innovations, current competitive landscape, and latest drivers to provide predictions for the forecast period.
The global ceramic tiles market will grow at a CAGR of around 9% during the forecast period, according to Technavio market research analysts. A key factor driving the growth of the market is the rise in construction activities in developing countries. The growth in urbanization and increase in infrastructural investment are driving the construction industry in developing countries. Ceramic tiles are one of the main components used in the construction industry for building interior and exterior floors, footpaths, swimming pools, walls, partitions, roofs, and exterior finishing.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
In this report, Technavio highlights the introduction of 3D tiles as one of the key emerging trends in the global ceramic tiles market:
Introduction of 3D tiles
Ceramic tiles are usually made from a mixture of clay, sand, and other natural elements. These are generally manufactured by molding into desired shapes and designs and later heating at high temperature in the furnace. The aesthetics of ceramic tiles makes them appropriate for the decorative wall, roofing, and flooring purposes. After the introduction of 3D printing, the market is expected to witness an increased demand for 3D ceramic tiles.
“The increasing demand for sophisticated designs and patterns is fueling the 3D ceramic tiles market. The use of 3D printing technology offers elegant facets and design textures on ceramic surfaces for interior as well as exterior architectural spaces. 3D ceramic tile surfaces offer a combined fashioned impact of incident light and its shadow,” says a senior analyst at Technavio for research on construction.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Global ceramic tiles market segmentation
This market research report segments the global ceramic tiles market into the following products (ceramic floor tiles and ceramic wall tiles) and key regions (the Americas, APAC, and EMEA).
The ceramic floor tiles segment dominated the global market in 2017, accounting for nearly 55% of the market. The market share for this application is expected to increase by nearly 2% by 2022, making it the fastest growing application segment.
APAC held the highest share of the global ceramic tiles market in 2017, accounting for a market share of more than 69%. This region is anticipated to experience tremendous growth during the forecast period.
|Save big with Technavio this May!|
Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all non-alcoholic beverages reports for the entire month.
Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.