Market Research Report
Asia Pacific Ceramic Tiles Market 2019-2027
|Published by||Inkwood Research||Product code||542479|
|Published||Content info||148 Pages
Delivery time: 2-3 business days
|Asia Pacific Ceramic Tiles Market 2019-2027|
|Published: June 10, 2019||Content info: 148 Pages||
Asia Pacific ceramic tiles market is estimated to grow with 8.96% CAGR during the estimated period to reach a revenue of $XX million by 2027. In addition, the market is also evaluated in terms of volume (million sq. ft.), which is expected to advance with a CAGR of 8.35% over the forecast period. The base year considered for the study is 2018, and the forecast period is 2019-2027. The market held the largest share of the global ceramics market in 2018 and is expected to continue its dominance throughout the projected years.
The rising demand for designer and modular tiles, expanding construction market sector, and the various government initiatives promoting the ceramic industries are primarily responsible for driving the market growth in this region. Countries such as India, China, and Japan are also attracting heavy investments from the global players, thus propelling the market growth. In 2018, China accounted for the highest share of the Asia- Pacific ceramic tiles market. Despite the economic slowdown, China remains world's largest construction market. Expanding urban population, Chinese government's commitment to conserving resources and reduction in greenhouse gas has given an impetus to sustainable construction materials, which in turn, is positively influencing the ceramic tiles market growth.
Mosa, Iris Ceramica, Kajaria Ceramics, Florida Tile Inc. (Panaria Group), Ceramiche Atlas Concorde, Gruppo Ceramiche Ricchetti SpA, Crossville Inc., Grupo Lamsoa, Blackstone Industrial (Foshan) Ltd., Saloni Ceramic SA, Del Conca USA, Siam Cement Group, Porcelanosa Grupo, RAK Ceramics, China Ceramics Co. Ltd., NITCO, Mohawk Industries, Grespania, Johnson Tiles, and Centura Tile Inc. are some of the major companies in the Asia-Pacific ceramics tiles market.