DUBLIN--(BUSINESS WIRE)--The "Ceramic Tiles Market Size, Share & Trends Analysis Report by Product (Glazed, Porcelain), by Application (Wall, Floor), by End Use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global ceramic tiles market is expected to reach USD 656.25 billion by 2030, expanding at a CAGR of 7.1% during the forecast period. Increasing demand for aesthetic improvement in the flooring and walling is anticipated to support the demand for ceramic tiles during the forecast period.
High production capacity coupled with a wide distribution network of prominent players is likely to fulfill the demand for construction applications across the globe. As a result, increasing new constructions for residential and non-residential buildings in major economies due to industrial development coupled with rapid urbanization are likely to create a scope for market growth.
The durability and enhanced lifespan offered by these tiles are likely to increase their utility in high-traffic commercial construction applications. Technological advancements in the manufacturing process have introduced customization options in color, size, texture, and dimensions, thus likely gaining high traction in residential and commercial building renovation projects.
Key players in the market such as Tarkett, Mohawk, RAK Ceramics, and Johnson Tiles are engaged in the development of ceramic tiles with superior durability and customization options. In addition, compliance with the green building codes by major economies is expected to have a positive impact on the product demand as these tiles are environment-friendly and can be recycled.
Report Highlights
- The demand for porcelain ceramic tiles is expected to witness a CAGR of 7.6% over the estimated time owing to its wide applications in residential flooring applications and benefits including durability and enhanced aesthetics.
- In Europe, the revenue for glazed ceramic tiles in 2021 stood at USD 20.56 billion and is projected to witness a CAGR of 5.8% during the forecast period on account of the increasing popularity of eco-friendly building materials with high aesthetic value.
- In 2021, commercial flooring applications dominated the global market with a share of around 67% on account of the high penetration of ceramic tiles in office construction driven by superior aesthetics and durability offered by the product.
- The market in Asia Pacific is expected to witness a CAGR of 8.2% by revenue from 2022 to 2030 on account of the wide acceptance of the ceramic product in flooring applications.
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Industry participants focus on achieving long-term contracts with players in application industries to gain a competitive advantage. Small-scale players in the market are also adopting such strategies to increase their penetration in the competitive market.
Key Topics Covered:
Chapter 1 Methodology & Report Scope
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
Chapter 3 Ceramic Tiles Market Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Ceramic Tiles Market: Industry Value Chain Analysis
3.3.1 Manufacturing trends
3.3.2 Sales Channel Analysis
3.3.3 Vendor selection criteria Analysis
3.4 Technology Overview
3.5 Regulatory Framework
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Positive construction industry outlook
3.6.1.2 Technological advancement in ceramic tiles industry
3.6.1.3 Growing demand for new residential structures
3.6.2 Market Restraint Analysis
3.6.2.1 Environmental regulations
3.6.2.2 Regulations on mining activities
3.6.2.3 Growing demand for substitutes
3.6.3 Industry Challenges
Chapter 4 Ceramic Tiles Market: Product Estimates & Trend Analysis
4.1 Ceramic tiles market: Product movement analysis, 2021 & 2030
4.2 Glazed ceramic tiles
4.3 Porcelain tiles
4.4 Scratch free ceramic tiles
Chapter 5 Ceramic Tiles Market: Application Estimates & Trend Analysis
5.1 Ceramic tiles market: Application movement analysis, 2021 & 2030
5.1.1 Wall Tiles
5.1.2 Floor Tiles
Chapter 6 Ceramic Tiles Market: End use Estimates & Trend Analysis
6.1 Ceramic tiles market share by end use, 2021 & 2030
6.2 Residential
6.3 Commercial
Chapter 7 Ceramic Tiles Market: Regional Estimates & Trend Analysis
Chapter 8 Ceramic Tiles Market - Competitive Analysis
8.1 Key global players & recent developments & their impact on the industry
8.2 Key Company/Competition Categorization
8.3 Vendor Landscape
8.3.1 List of key distributors and channel partners
8.3.2 List of end users
8.3.3 Company market ranking
8.3.3.1 SWOT, by top players
Chapter 9 Company Profiles
- Atlas Concorde S.P.A.
- Mohawk Industries, Inc.
- Crossville Inc.
- Rak Ceramics
- Ceramica Saloni
- Florida Tile, Inc.
- Porcelanosa Grupo
- Kajaria Ceramics Limited
- Ricchetti Group
- China Ceramics Co.Ltd.
- Guangdong Monalisa Industry Co.Ltd.
- Guangdong Newpearl Ceramics Group Co.Ltd.
- Florim Ceramiche S.P.A.
For more information about this report visit https://www.researchandmarkets.com/r/62a9qe
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