Global Ceramic Tiles Market

Global Ceramic Tiles Market Size, Share, Growth Analysis, By Application(Wall tiles and floor tiles), By End Use(Commercial and residential), By Product(Glazed ceramic tiles, porcelain tiles), By Type of construction(New construction and renovation & replacement) - Industry Forecast 2024-2031


Report ID: SQMIG15F2086 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 111 | Figures: 77

Global Ceramic Tiles Market Regional Insights

In 2021, Asia Pacific dominated the market, accounting for more than 46% of the total revenue. The market expansion is likely to be fueled by high demand for products in the residential and non-residential building categories in the growing economies of Asia Pacific, particularly China and India. Rising per capita income, rapid urbanization, and growing population are projected to drive growth in the Asia Pacific construction sector. Expansion of residential, commercial, and industrial sectors as a result of sustained economic growth of the region will boost construction activities, increasing product demand during the projection period.

The ceramic tiles market in North America is also expected to grow at a significant CAGR of 5.6% during the forecast period, owing to the increasing development of residential and commercial structures in the region. Furthermore, due to the availability of raw materials and a largely untapped market share, many Italian tile manufacturers are expanding their production facilities in the region. The need to upgrade existing infrastructure is likely to drive demand for the product in North American residential and business replacement applications. In 2020, the commercial construction sector, which includes offices, hotels, and residences, showed a steady expansion, which is predicted to increase demand for the product in the region in the future.

Europe is expected to experience moderate growth in the coming decades. One of the primary drivers of market growth in Europe is the large investment made by customers in replacement and remodeling operations. Since ceramic tiles originated in Italy, it is the home of ceramic tile advancements. The consistently superior quality of Italian ceramic tiles sets them apart from their global counterparts, making Italy one of the leading exporters of these tiles. Due to large exports and the increasing expansion of hotels, resorts, and residential projects in the country, the sales forecast for ceramic tiles in Italy seems to be profitable for manufacturers operating in the country. The demand for these tiles in Italy will remain high during the forecast period due to technological improvements in manufacturing processes as well as the use of sophisticated methods to improve industry products. Italian tiles are popular worldwide for their beautiful designs and tough martial elements.

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FAQs

Ceramic Tiles Market size was valued at around USD 355.3 billion in 2019 and is expected to reach a value of USD 574.2 billion by 2031, at a CAGR of 7.1% over the forecast period (2024-2031).

The global ceramic tiles market is fragmented and highly competitive. Key industry players are focused on product developments, new product launches, and geographical expansions to gain a significant amount of market share. 'MOHAWK INDUSTRIES INC (US)', 'SCG CERAMICS (Thailand)', 'Grupo Lamosa (Mexico)', 'Grupo Cedasa (Brazil)', 'RAK CERAMICS (UAE)', 'Cerâmica Carmelo Fior (Brazil)', 'PAMESA CERÁMICA SL (Spain)', 'Kajaria Ceramics Limited (India)', 'STN Cerámica (Spain)', 'Dynasty Ceramic Public Company Limited (Thailand)', 'Cersanit Group (Poland)', 'Somany Ceramics (India)', 'PT Arwana Citramulla Tok (Indonesia)', 'Vitromex USA, Inc. (US)', 'Kale Group (India) ', 'LASSELSBERGER Group (Austria)', 'Elizabeth Group (U.S.)', 'Grupo Celima Trebol (Peru)', 'White Horse Ceramic (Malaysia)', 'Ceramic Industries Group (South Africa)'

Ceramic tiles are widely used in flooring applications due to their versatility, durability, and style. Global demand for floor coverings is increasing as infrastructure and construction activities expand. Hard surface flooring, such as ceramic tiles, is becoming more popular due to its superior performance and low cost. These are highly stain- and water-resistant. They are also eco-friendly and long-lasting. Their resistance to moisture and ease of maintenance increases their service life. These are adaptable and can be used for both indoor and outdoor purposes. Ceramic flooring tiles dominate the worldwide flooring market and increasing usage will drive the global market over the forecast period.

The introduction of 3D tiles is a major trend that is influencing the growth of the market. The advent of 3D printing is predicted to increase the demand for 3D ceramic tiles. As 3D printing technology and designs are still in their infancy, their use is limited. Continuous improvement is required to meet customer demands. The 3D ceramic tiles market is driven by the growing demand for sophisticated designs and patterns. Design textures on ceramic surfaces are available through 3D printing technology for interior and exterior architectural spaces. These are visually appealing due to their multidimensional patterns, geometric shapes, beautiful undulations, and sinuous curves. Consequently, the introduction of 3D ceramic tiles will impact the growth of the global market over the forecast period.

In 2021, Asia Pacific dominated the market, accounting for more than 46% of the total revenue. The market expansion is likely to be fueled by high demand for products in the residential and non-residential building categories in the growing economies of Asia Pacific, particularly China and India. Rising per capita income, rapid urbanization, and growing population are projected to drive growth in the Asia Pacific construction sector. Expansion of residential, commercial, and industrial sectors as a result of sustained economic growth of the region will boost construction activities, increasing product demand during the projection period.

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Global Ceramic Tiles Market

Product ID: SQMIG15F2086

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