Market Research Report
Ceramic Tiles Market by Type, Application, Construction Type, and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030
|Ceramic Tiles Market by Type, Application, Construction Type, and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030|
Published: September 30, 2021
Allied Market Research
Content info: 269 Pages
Delivery time: 2-3 business days
The global ceramic tiles market was valued at $343.9 million in 2020, and is projected to reach $633.5 million by 2030, registering a CAGR of 6.3% from 2021 to 2030. Ceramic tile is manufactured from natural clay, sand and water. These materials are mixed and molded into square or rectangular tiles and baked to eliminate the majority of the moisture. Ceramic tiles are available in many varieties and are used in a variety of locations across the structure and homes. These tiles are ideal for use on walls, floors, counter-tops, and other surfaces because of their greater absorption rate. Ceramic tile is coated with a unique finish that seals and protects it while also increasing its longevity. Ceramic tiles come in a wide range of colors, patterns, styles, and sizes.
The market is primarily driven by an increase in demand for residential and commercial infrastructure improvements. Furthermore, government measures to assist the tile sector continue to fuel the expansion of the ceramic tile industry. Similarly, increased demand for residential construction propels the industry forward. Low replacement rate of tiles, on the other hand, has a direct impact on the market growth. Furthermore, the expansion of the market is projected to be aided by increased innovation in tile production and printing machinery.
Various key players are strengthening their market position and improving their product portfolio with latest design of ceramic tile. For instance, in July 2020, Crossville, Inc. has launched new Swatches ceramic wall tile series. This unique product is attractive for its extensive options for creating custom wall designs. The colors can be mixed and matched to create attractive and exciting patterns or placed monochromatically for better looks. Hence, this strategic move in business is projected to increase the demand for ceramic tiles and hence offer lucrative growth opportunities during the forecast period.
The ceramic tiles market is segmented on the basis of type, application, construction type, end user, and region. By type, it is divided into glazed tiles and unglazed tiles. By application, it is bifurcated into floor tiles and wall tiles. By construction type, it is categorized into new construction and renovation & replacement. By end user, it is classified into residential and non-residential. Region wise, the market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Thailand, Vietnam, Indonesia, Philippines, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key companies profiled in the ceramic tiles market report include Ceramica Saloni, China Ceramics, Crossville Inc., Kajaria Ceramics, Lamsoa Group, Mohawk Industries, R.A.K. Ceramics, Siam Cement Group, Ceramica Carmelo Fior, STN Ceramica.
BY END USER
BY CONSTRUCTION TYPE