SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Vitrified Tiles - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 459
Companies: 12 - Players covered include Asian Granito India Ltd.; Casalgrande Padana S.p.A.; Cedasa Industria E Comercio De Pisos Ltda; Ceramic Industries Ltd.; Ceramiche CCV Castelvetro S.p.A.; Ceramiche Coem; Cerindustries S.p.A.; Cooperativa Ceramica d'Imola S.C.; Crossville, Inc.; Del Conca USA, Inc.; Dongpeng Holdings Co., Ltd.; Dynasty Ceramic Public Company Limited; Eagle Roofing Products; Emilgroup; Fincibec Spa; Finfloor (Pty) Ltd.; Florida Tile, Inc.; Florim Ceramiche SpA; Foshan Jinduo Ceramic; Gambini Group S.p.A.; Gold Art Ceramica SpA; Granitifiandre SpA; Granito Forte SpA; Gruppo Ceramiche Gresmalt SpA; Gruppo Ceramiche Ricchetti SpA; Gruppo Concorde SpA; Gruppo Romani S.p.A. Industrie Ceramiche; Guang Dong Wonderful Ceramics Corporation Ltd. (Marco Polo); Guangdong Bode Fine Building Material Co., Ltd.; Guangdong Winto Ceramics Co., Ltd.; H & R Johnson; Hangzhou Nabel Group Co., Ltd.; Industrie Ceramiche Piemme S.P.A.; Interceramic; Internacional De Ceramica S.A. de C.V. (Interceramic); Iris Ceramica SpA; Italgraniti Group SpA; Kajaria Ceramics Ltd.; Kale Holding A.S.; Keraben Grupo SA; La Fabbrica S.p.A.; Laminam SpA; Lasselsberger GmbH; Marca Corona SpA; Monalisa Tiles; Mulia, Inc.; Murudeshwar Ceramics Ltd. (Naveen Tiles); New Pearl Vitrified Pvt. Ltd.; Nitco Ltd.; Novabell SpA Ceramiche Italiane; Oasis Vitrified Pvt.Ltd.; Opera Group S.r.l.; Orient Bell Ltd.; Pamesa Ceramica SL; Panaria Ceramica; PORCELANOSA Group; Portobello S/A; Prism Cement Ltd.; PT Arwana Citramulia Tbk; Restile Ceramics Limited; RoCA Group; Rondine S.p.A.; Rovese SA; Saudi Ceramics; Savoia Canada Inc.; Simpolo Vitrified Pvt., Ltd.; Somany Ceramics Ltd.; StonePeak Ceramics Inc.; SUNHEAT International; Swastik Tiles; Tile Tidy; Varmora Granito Pvt., Ltd.; Vitromex; White Horse Ceramic Industries Sdn. Bhd. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Residential, Commercial, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Vitrified Tiles Market to Reach $8.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Vitrified Tiles estimated at US$7.1 Billion in the year 2020, is projected to reach a revised size of US$8.3 Billion by 2026, growing at a CAGR of 2.6% over the analysis period. Residential, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$5.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial segment is readjusted to a revised 1.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $1.6 Billion by 2026
The Vitrified Tiles market in the U.S. is estimated at US$2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2026 trailing a CAGR of 4.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR. More
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SOURCE Global Industry Analysts, Inc.