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Ceramic Tiles Market USD 121810 Million By 2028 With A CAGR of 2.7% - Valuates Reports

·8 min read

BANGALORE, India, July 11, 2022 /PRNewswire/ -- Ceramic Tiles Market is Segment by Type - Glazed Ceramic Tiles, Unglazed Ceramic Tiles, Porcelain Tiles, Others Tiles, by Application - Household Usage, Commercial Usage. Global Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the  Construction & Maintenance Category.

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The ceramic tiles market size is estimated to be worth USD 103810 million in 2022 and is forecast to be a readjusted size of USD 121810 million by 2028 with a CAGR of 2.7% during the forecast period.

Major Factors Driving The Growth Of The Ceramic Tiles Market are

The growing population, demand for home redecoration, and increase in construction activities will drive the growth of the market. The rise in consumer demand for home renovation, eco-friendly materials, and technological innovations such as digital inkjet printing tiles is one of the major factors boosting the global ceramic tiles market growth.

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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL CERAMIC TILES MARKET

Ceramic tiles are preferred heavily in architecture and construction projects. They are mainly manufactured from feldspar, bentonite, kaolin, sand, and glass. The tiles are used in flooring applications in residential and commercial spaces. It reduces household allergens, is dust, sand, and moisture resistant, very easy to clean, and is cheaper to maintain. Such characteristics will boost the growth of the ceramic tiles industry during the forecast period.

Ceramic tiles are popular options for home renovation, furnishing, and upgrades. They are used extensively for decorative purposes in kitchens, bathrooms, swimming pools, walls, rooftops, etc. Other uses include shopping malls, households, schools, and stores. Apart from their beautiful look, these tiles are anti-slippery and water-absorbent. Such factors will boost the growth of the ceramic tiles market in the coming years.

Single-family house construction activities are rising rapidly. Strict regulations have been set up to include environment-friendly construction materials in infrastructural projects. Several green building standards have been enacted. Ceramic tiles are durable and rigid. It complies with all necessary building regulations suitable for flooring and wall applications. This in turn will drive the expansion of the ceramic tiles market in the upcoming years.

Urbanization is evolving at a rapid pace. People are migrating to metropolitan regions with changing expectations, an increase in everyday comfort, and a rise in standards of living. The share of the world population living in cities is expected to rise further moving forward. This will drive the demand for global material consumption in turn fueling the growth of the market during the forecast period.

The advent of digital inkjet printing technology has revolutionized the global ceramic tiles industry. The tiles are created through 3D-printed graphic artwork with high-quality impressions. Consumers are preferring these tiles because of their intricate designs, high aesthetic appeal, and availability of different choices.

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CERAMIC TILES MARKET SHARE ANALYSIS

Based on type, the glazed segment is expected to dominate in the ceramic tiles market share as it has excellent stain resistance. Additional protective layer aids in water absorption increasing their utility in humid conditions and wet area applications such as bathrooms, kitchens, laundry rooms, etc.

Based on application,  the household segment is expected to dominate due to the rise in population, booming construction industry, and increase in disposable income along with a greater focus on comfort and interior decoration.

Based on region, Asia-Pacific is expected to maintain the lead in the coming years with China holding a share of 50%. This is due to the rapid expansion of the commercial, residential, and industrial sectors. While Europe is the second-largest holding a share of 20%.

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Market By Region

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa

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Key players

  • SCG Ceramics

  • Sanfi

  • Rovese

  • RAK Ceramics

  • Portobello

  • Panaria

  • Pamesa

  • Newpearl

  • Mohawk Industries

  • Monalisa

  • Nabel

  • Shaw Industries Group

  • Mohawk

  • Marco Polo

  • Lamosa

  • Keraben

  • Kajaria

  • Jinduo

  • Iris Ceramica

  • Interceramic

  • Grupo Lamosa

  • Florim

  • Florida Tile

  • EMIL AMERICA

  • Eagle

  • Del Conca

  • Crossville Inc

  • Cooperativa Ceramica d'Imola

  • Concorde

  • Champion

  • Casalgrande Padana

  • Xinzhongyuan

  • Guangdong Winto

  • Guangdong Jiajun

  • Guangdong Dongpeng

  • Guangdong BODE

  • Tidiy

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SIMILAR REPORTS

-  The global Ceramic Tile Flooring market was valued at USD 51330 million in 2020 and is expected to reach USD 57360 million by the end of 2027, growing at a CAGR of 1.6% during 2021-2027.

-   The global Vitrified Tiles market size is estimated to be worth USD 7493.1 million in 2022 and is forecast to be a readjusted size of USD 8578.4 million by 2028 with a CAGR of 2.3% during the review period.

-  The global Ceramic Capacitor market size is estimated to be worth USD 14660 million in 2022 and is forecast to be a readjusted size of USD 23790 million by 2028 with a CAGR of 8.4% during the review period.

-  The global Kaolin market size is estimated to be worth USD 6383 million in 2021 and is forecast to be a readjusted size of USD 8427 million by 2028 with a CAGR of 4.0% during the forecast period 2022-2028.

-  The global Bentonite market size is estimated to be worth USD 1422.7 million in 2022 and is forecast to be a readjusted size of USD 1640.3 million by 2028 with a CAGR of 2.4% during the review period.

-  The global Multilayer Ceramic Capacitor market size is estimated to be worth USD 9314.5 million in 2022 and is forecast to be a readjusted size of USD 10870 million by 2028 with a CAGR of 2.6% during the review period.

-  The global Maleic Anhydride market size is projected to reach USD 4963.6 million by 2027, from USD 3145.3 million in 2020, at a Compound Annual Growth Rate (CAGR) of 7.9% during 2021-2027.

-  The global polylactic acid market size is estimated to be worth USD 1108.3 million in 2022 and is projected to reach USD 1346.7 million by 2028 with a CAGR of 3.3% during the forecast period.

-  The global methionine market size was valued at USD 6423 million and it is expected to reach USD 8380.2 million by the end of 2027 with a CAGR of 4.0% during 2021-2027.

-  The global High Purity Quartz market size is estimated to be worth USD 611950 million in 2022 and is projected to reach USD 803340 million by 2028 with a CAGR of 4.6% during the review period.

-  The global Integrated Smart Toilet market size is estimated to be worth USD 1230.5 million in 2022 and is forecast to be a readjusted size of USD 2264.5 million by 2028 with a CAGR of 10.7% during the review period.

-  In 2020, the global Smart Toilet market size was USD 3395.9 million and it is expected to reach USD 5168.1 million by the end of 2027, with a CAGR of 6.2% from 2021 to 2027.

-  The global Agrochemicals market size is estimated to be worth USD 95700 million in 2022 and is projected to reach USD 115610 million by 2028 with a CAGR of 3.2% during the review period.

-  The Containerboard market was valued at USD 155920 million in 2022, and it is anticipated to reach USD 198430 million by 2028, registering a CAGR of about 4.1% during the forecast period (2022–2028).

-  The global Water Electrolysis market size is estimated to be worth USD 263.4 million in 2022 and is forecast to be a readjusted size of USD 733.1 million by 2028 with a CAGR of 18.6% during the review period.

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