The IMARC Group provides extensive analysis of the ceramic tiles industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on ceramic tiles market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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The global ceramic tiles market reached a value of US$ 75.4 Billion in 2021. Ceramic tiles refer to the slabs that are produced from naturally occurring minerals, such as clay, silica sand, feldspar, dolomite, etc. These panels offer high tensile strength, cost-effectiveness, better durability, and improved aesthetic value. Furthermore, ceramic panels also provide high resistance against frost, UV, fire, water, etc. These ceramic panels have gained high prominence due to their wide availability in various designs and patterns. They are extensively used in countertops, benchtops, flooring, wall cladding, etc.
Ceramic Tiles Market Trends:
The rising demand for ceramic tiles due to their lightweight, perfect flatness, and excellent mechanical properties, is primarily bolstering the market growth. Besides this, growing number of construction activities for commercial spaces, shopping malls, hospitality centers, etc., has also augmented the use of ceramic panels. Additionally, improving consumer living standards have increased the per capita expenditures on high-end construction materials, such as ceramic panels. Moreover, the rising adoption of ceramic flooring due to its superior durability and chemical/stain resistance properties is also fueling the product demand across several industry verticals. Furthermore, based on the antibacterial, anti-slip, and water-resistant benefits of ceramic panels, they are widely utilized in the healthcare sector. Looking forward, IMARC Group expects the ceramic tiles market to reach US$ 107.3 Billion by 2027, exhibiting at a CAGR of 5.9% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Mohawk Industries Inc.
- Siam Cement Group Public Company Limited
- Grupo Lamosa
- RAK Ceramics P.J.S.C
- Ceramica Carmelo For Ltda
Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ceramic tiles market, along with forecasts at the global and country level from 2022-2027. Our report has categorized the market based on type and application.
Breakup by Type:
- Floor Tiles
- Wall Tiles
- Others
Currently, floor tiles dominate the market, accounting for more than half of the total share. These tiles find application in the residential and institutional sectors on account of their low cost, ease-of-use, and availability in varied shapes and sizes.
Breakup by Application:
- Residential
- Commercial
- Replacement
According to the global ceramic tiles market research report, the residential sector represents the leading segment in the market, owing to the low cost and aesthetic appearance of these tiles. They are majorly utilized in apartments, high-rise buildings and individual houses.
Regional Insights:
- China
- Brazil
- India
- Vietnam
- Indonesia
- Others
At present, China represents the biggest producer, consumer and exporter of these tiles in the global market. This can be attributed to the easy availability of raw materials and low labor costs in the region.
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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