DUBLIN--(BUSINESS WIRE)--The "Ceramic Tiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global ceramic tiles market was worth around US$ 70.9 Billion in 2018, representing a CAGR of 9.1% during 2011-2018. The market is further projected to cross US$ 107.2 Billion by 2024, exhibiting a CAGR of 7.2% during 2019-2024.
Ceramic tiles are thin slabs predominantly made of naturally occurring minerals like clay, silica sand, feldspar and dolomite. Compared to their counterparts, ceramic tiles are durable, provide substantial resistance to high temperature and can withstand exposure to caustic or acidic chemicals.
Apart from this, owing to their lightweight, anti-skid and anti-bacterial properties, these tiles are preferred for use in hospitals, hotels, laboratories and pharmaceutical manufacturing facilities where hygiene is of prime importance.
Further, due to their aesthetic appearance and availability of different product variants, ceramic tiles have emerged as a good alternative to hardwood and other flooring products like marble, concrete, etc.
Ceramic tiles provide different glaze options and styles which range from traditional to western. With consumers seeking stylish and less expensive flooring options, the demand for ceramic tiles has significantly increased over the past few years.
Ceramic tiles manufacturing is an environment-friendly process as they are mostly composed of naturally occurring minerals. Recent technological advancements have also enabled the manufacturers to further reduce the emissions of carbon and other harmful gases during the production of ceramic tiles.
The arrival of new processes, such as incorporation of spray drying of clays, pressing and firing of tiles, etc., and special equipment for selection, manipulation and control, have enabled the manufacturers to produce ceramic tiles in different shapes, sizes and textures.
Rapid industrialization, rising urbanization rates and inflating per capita income, especially in the emerging economies such as China, India, Brazil and Russia, have resulted in the increasing construction in the residential, commercial and industrial sector, thereby, escalating the demand for flooring products like ceramic tiles.
Breakup by Product Type
On the basis of product type, ceramic floor tiles dominate the market, accounting for more than a half of the total market. These tiles find applications in the residential and institutional sectors on account of their low cost, ease-of-use, and availability in varied shapes and sizes. Ceramic floor tiles are followed by wall tiles and others.
Breakup by Application
According to the ceramic tiles market report, residential sector represents the leading segment, holding the majority of the global market. Owing to the low cost and aesthetic appearance of the ceramic tiles, they are majorly utilized in apartments, high-rise buildings and individual houses. Other major segments include commercial applications and replacements.
On a geographical front, China is the largest producer, consumer and exporter of ceramic tiles. This can be attributed to the wide availability of raw materials and low labor costs in the region. China is followed by Brazil, India, Vietnam and Indonesia.
The market is fragmented with the presence of a large number of unorganized manufacturers. Some of the biggest players operating in the market are:
- Mohawk Industries Inc.
- Siam Cement
- RAK Ceramics
- Ceramica Carmelo Fior
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Ceramic Tiles Industry
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.4 Market Breakup by Region
5.5 Market Breakup by Type
5.6 Market Breakup by Application
5.7 Market Forecast
5.8 Trade Data
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.11 Porter's Five Forces Analysis
5.12 Key Market Drivers and Success Factors
6 Performance of Key Regions
7 Market Breakup by Type
7.1 Floor Tiles
7.2 Wall Tiles
8 Market Breakup by Application
8.1 Residential Applications
8.2 Commercial Applications
8.3 Replacement Applications
9 Competitive Landscape
9.1 Competitive Structure
9.2 Ceramic Tiles Production by Key Players
10 Ceramic Tiles Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Material Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utility Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margin Across the Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 Key Player Profiles
14.1 Mohawk Industries Inc.
14.2 Siam Cement
14.4 RAK Ceramics
14.5 Ceramica Carmelo Fior
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