Global Ceramic Tiles Market Size Analysis

According to a research analysis conducted by ChemView Consulting, in 2022, the Global Ceramic Tiles Market was worth US$ 235.2 Bn and is expected to grow at a CAGR of 6.6% over the forecast period. The market is expected to hit US$ 392.2 Bn by 2030 end.

Market Dynamic

• Increasing urbanization residential construction spending: One of the main reasons for the growth in demand for ceramic tiles is the global population movement from rural to urban regions. Ceramic tile market growth is expected to be driven by residential replacement and new installation activities. Governments are providing low-cost housing, expected to support industry growth over the forecast period.
• Great Impressions Art: Ceramic tiles have a more appealing look, are more durable, and are more dependable, resulting in a growth in demand in the building of many structures.
• Renovation and replacement of the house: One of the primary reasons driving the global ceramic tiles market is increased consumer demand for house remodeling and replacement. The start of the construction of smart cities has also increased demand. Furthermore, the rising demand for multi-story residential buildings over single-family hom0065s has increased product consumption per land area, boosting the market growth.
• Technological advancements: Manufacturers focus on technologically advanced and environmentally friendly ceramic tile production. Pamesa Ceramica SL, for example, manufactures dry-pressed ceramic tiles in Spain with a high water absorption property that will provide more strength and density. The company offers a reinterpretation of K-Slate, which has the same properties as porcelain stoneware and is used to enhance indoor beauty.

Segment-Wise Analysis

Why does the Flooring application segment hold the highest market share in the Ceramic Tiles Market?

In 2021, the flooring application segment held a 53.6% market share. Increasing demand from commercial construction, such as hotels and shopping malls, is expected to drive product demand because these tiles are both cost-effective and aesthetically pleasing.

The growing influence of designers and architects in using porcelain tiles and flooring in commercial applications is expected to drive up product demand. These products’ easy cleaning, stylish designs, and stain and water resistance will likely drive their demand in commercial flooring applications over the forecast period.

Why is the Residential sector expected to create the incremental $ opportunity during the forecast period?

The residential segment controls the majority share of the market. The exponential rise in population and government initiatives to build houses for the economically disadvantaged section of the community have increased residential construction activities, thereby increasing demand.

New construction project models, such as apartment buildings and single-family homes, drive residential replacement and renovation growth, boosting ceramic tile sales.

The demand for home remodeling is gradually increasing as homeowners seek to update their existing decor with newer, more sustainable materials. Ceramic tiles are becoming popular for remodeling projects because they are inexpensive and long-lasting.

Furthermore, the advanced benefits provided by ceramic tiles, such as sustainability and durability, make them suitable for use in green building schemes. This trend will continue in the coming years, driving market sales.

Why does Asia-Pacific account for the largest market share in the Ceramic Tiles Market?

Due to the region’s fast socio-economic growth, Asia Pacific is the most attractive market for ceramic tiles. Asia-Pacific held the highest market share of 43.2% in 2021 in terms of value.

The demand for ceramic tile materials in this region is fueled by an increase in the number of new dwelling units and massive expenditures in the infrastructure sector. Increased demand for ceramic tiles in countries such as China, India, Thailand, Indonesia, and Vietnam is also driving market expansion in the APAC region, owing to a considerable rise in building prospects in these nations.

Furthermore, introducing smart cities in India has increased the demand for ceramic tiles. Government-funded projects such as road networks, water supply channels, power-related infrastructure, hospitals, and universities are growing demand in the country for ceramic tiles.

Which sector in North America will create the highest opportunity for the ceramic tile market?

North America is expected to witness healthy growth in the market. The recent trend of personalization and customization will increase energy-efficient buildings for commercial and governmental offices is anticipated to drive the market in North America.

Another factor influencing the sales outlook of the ceramic tiles market in the United States is the rapid expansion of infrastructure projects across the country, such as hospitals, shopping malls, hotels and resorts, and universities, to name a few.

Competition Analysis

Due to the presence of numerous players, the global market is fragmented. Key players’ dominance is determined by their production capacity, brand recognition, product offerings, and innovative strategic partnerships and acquisitions.

To improve its visual appeal, market companies are focusing on adding a variety of shapes, sizes, designs, and styles. Key players’ dominance is determined by their production capacity, brand recognition, product offerings, and innovative strategic partnerships and acquisitions.

Some key developments:

• In Feb 2021, Atlas Concorde introduced its new ‘prism collection,’ which includes a range of hand-crafted, one-of-a-kind, and colorful wall tiles for indoor and outdoor use.
• In June 2021, RAK Ceramics collaborated with French designer Patrick Norguet on the Valet product line, which focuses on simple yet stylish floor and wall tile fittings.
• In Aug 2020, SCG Cement-Building Materials Company Limited entered into a share purchase agreement to acquire all of the shares of Oitolabs Technologies Private Limited in India to support SCG CBM’s digital technology and software development to deliver value to customers and expand growth opportunities.

A list of some of the key suppliers present in the market are:

• RAK Ceramics
• Crossville Inc.
• Atlas Concorde
• Saloni Ceramica
• Porcelanosa Grupo
• Gruppo Ceramiche Ricchetti
• Florida Tile
• Mohawk Industries
• Kajaria Ceramics Ltd.
• China Ceramics Co., Ltd
• SCG Ceramics
• Grupo Lamosa
• Grupo Cedasa
• Cerâmica Carmelo Fior
• STN Cerámica
• Dynasty Ceramic Public Company Limited
• Cersanit Group
• Somany Ceramics
• Kale Group
• Vitromex USA, Inc.

Market Segments Covered in Report

By Product Type:

• Glazed ceramic tiles
• Porcelain tiles
• Scratch-free ceramic tiles
• Others

By Application:

• Walls
• Flooring
• Others

By Construction Type:

• New Construction
• Renovation and Replacement

By End-Use:

• Residential
• Non-residential

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Global Ceramic Tiles Market 2022-2030: Report Coverage and Highlights

• Assessment of the historical and current market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
• Key drivers, restraints, opportunities, and key emerging trends impacting market growth
• Predictions on critical supply, demand, and technological trends and changes in consumer behavior
• Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
• Segment-wise, country-wise, and region-wise market analysis
• Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
• Key product innovations and regulatory framework
• Covid-19 impact on the market and how to navigate
• Strategic market analysis and recommendations on crucial winning strategies

• Report Includes

  Market Size Data

  • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
  • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
  • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
  • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
  • Incremental dollar opportunity generated in the forecast period would be indicated
  • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

  Market Background

  • Macroeconomic factors that impact the market developments
  • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
  • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
  • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
  • Trade analysis and analysis of key supply and demand hubs
  • Identification of hotbed opportunities existing in the market
  • Porter’s and PEST analysis to understand the business environment of the geography
  • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

  Pricing Analysis

  • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
  • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
  • Cost teardown analysis and key factors impacting pricing

  Value Chain Analysis

  • Country-wise list of raw material suppliers
    • Raw material price trends and buyers’ sentiment
    • Overview of Intelligent Sourcing Technique
    • Raw material procurement requirements
    • Vendor selection criteria
  • Country-wise list of product manufacturers
  • Country-wise list of distributors/traders
  • Country-wise list of end-users
    • End-Users/Customers consumption mapping
    • Key End-Users/Customers client list
  • Country-wise list of other key channel partners
  • Average profitability margins
  • Regional value chain dynamics

  Competition Analysis

  • Market shares and production capacities of key players
  • Tier structure analysis of market
  • Comprehensive competition dashboard representing the top 10-15 players in the market
  • Individual company profiles of top 15 to 20 manufacturers
    • Business Overview
    • Product Portfolio
    • Key Financials
    • Recent Developments
    • SWOT Analysis
    • Strategies

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

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