PUBLISHER: The Business Research Company | PRODUCT CODE: 1088837
PUBLISHER: The Business Research Company | PRODUCT CODE: 1088837
“Ceramic Tiles Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global ceramic tiles market.
This report focuses on ceramic tiles market which is experiencing strong growth. The report gives a guide to the ceramic tiles market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Where is the largest and fastest growing market for the ceramic tiles? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Ceramic Tiles market global report” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider ceramic tiles market, and compares it with other markets.
Major players in the ceramic tiles market are: Ceramiche Atlas Concorde S.P.A, Cersanit SA, Florim Ceramiche S.P.A, Grupo Lamosa SAB de CV, GranitiFiandre S.p.A., Grupo Fragnani, Johnson Tiles, Mohawk Industries, Pamesa Ceramica Sl, Portobello Ceramics, RAK CERAMICS, Kajaria Ceramics Limited, Saudi Ceramic Company, PORCELANOSA Grupo A.I.E, Crossville Inc., LIXIL Group Corporation, and MCS Portugal.
The global ceramic tiles market is expected to grow from $97.04 billion in 2021 to $105.24 billion in 2022 at a compound annual growth rate (CAGR) of 8.45%. The market is expected to grow to $149.28 billion in 2026 at a CAGR of 9.13%.
The ceramic tiles market consists of sales of ceramic tiles by entities (organizations, sole traders, and partnerships) that refer to the tiles that are made up of a mixture of sand, water, and clay. Ceramic tiles are generally used in the flooring of bathrooms, kitchens, and outdoor residential uses. Ceramic tiles are available in a variety of sizes, designs, and colors.
The main types of ceramic tiles are glazed tiles and unglazed tiles. Glazed tiles are referred to tiles that are coated with liquid glass or enamel. Glazed tiles are more prone to scratches and are less dense/thick as compared to unglazed tiles. The various construction types in which ceramic tiles are used are new construction, and renovation and replacement. The various formulations of ceramic tiles are dry pressed and extruded. These tiles are applied as floor tiles, wall tiles and others. The end users of ceramic tiles are residential and non-residential areas.
Asia-Pacific was the largest region in the ceramic tiles market in 2021 and is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increase in spending on home remodeling is expected to propel the growth of the ceramic tiles market over the coming years. Home remodeling refers to the changes made in designs and renovating the house. Home remodeling increases the demand for ceramic tiles as these are used for renovating and building house requirements mainly for bathrooms and kitchens. For instance, according to the residential remodeling index (RRI) report, in the first quarter of 2021, the spending on residential remodeling increased by 10.8% on a year-over-year (YOY) basis. Therefore, increasing home remodeling drives the ceramic tiles market.
The implementation of advanced digital printing is a key trend gaining popularity in the ceramic tiles market. Digital printing enables manufacturers to offer a wide veriety of designs of ceramic tiles to their customers to make their experience unique and modernized. For instance, Confindustria Ceramica, an Italy-based ceramic tiles provider, uses digital printing as a key technology in the production of Italian ceramic tiles. With the help of digital printing and advancement in technologies, artists are now able to create art on tiles as well as develop various textures and visuals on ceramic tiles. The digital printing technology evolution is helping manufacturers to create unique patterns and designs on individual tiles. The colors used in digital printing are also very realistic leading to increased demand. For instance, in April 2021, NG Kutahya Seramik Group, a Turkey-based leading ceramic tiles provider strengthened its partnership with System Ceramics by ordering seven new digital printing systems namely 'Creadigit' for both its existing as well as new facility. The partnership focuses on technological innovation for NG Kutahya Seramik Group to offer unique solutions with high added value.
In July 2021, Grupo Halcon, a Spain-based leading ceramic tiles manufacturer, acquired assets of Cicogres S.A., a ceramic tile producer from Castellon, Spain. The acquisition is comprised of five modern production lines with large format capabilities of Cicogres. The acquisition will help Grupo to increase its capacity leading to reinforcing the leadership across the ceramic tiles market.
The countries covered in the Ceramic Tiles market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.