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 News

  • In June 2021, RAK Ceramics collaborated with French designer Patrick Norguet on a new range of products called Valet, which will focus on basic yet attractive floor and wall tile fittings.
  • In April 2021, M S International Inc (MSI), North America's leading supplier of flooring, wall tiles, countertops, and hardscaping products, announced the expansion of its already extensive and ever-growing assortment of 100 cu premium natural quartz products. The introduction includes five of the newest, in-vogue quartz colors with a marble look, offering lighter and darker tones to match any style.
  • In February 2021, Atlas Concorde launched its new 'prism collection' product line, which includes a range of hand-crafted, unique, and colorful wall tiles for indoor and outdoor applications.
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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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