Press release
Vitrified Tiles Market 2017-2023 | Ceramica Carmelo Fior Ltda., Lamosa Group, Mohawk Industries Inc., Ras Al Khaimah, Ceramics, Siam Cement Group, ABK Industrie Ceramiche SpA, ALTAECO S.p.A., PT Arwana Citramulia Tbk, Asian Granito India Ltd., Casalgrande
Market research future published a raw research report Global Vitrified Tiles Market that contains the information from 2017 to 2023. The Global Vitrified Tiles Market is expected to grow at~ 4% CAGR from 2017 to 2023.Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “global vitrified tiles market Information from 2017 to 2023"
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Global vitrified tiles market has witnessed gradual growth in recent years, and is expected to witness steady growth in the forecast period. The global vitrified tiles market is primarily driven due to rapid growth in the construction industry with high demand for luxurious flooring tiles as one of the primary growth factors.
Vitrified tiles are wide used in residential sector, commercial sector and other amenities. Vitrified tiles are used for decorative purpose as well as safety purpose in an infrastructure. Vitrified tiles provide stronger, harder and water resistant to floors and walls. The growth in construction industry, which requires a subsequent amount of wall & floor covering tiles. Vitrified tiles provide luxurious interior and also safety. All these factors are driving the market for vitrified tile in the forecast period.
The global vitrified tiles market is forecast to witness a significant growth during the forecast period, with a growth rate of more than 4%. Global vitrified tiles market has been segmented based on type, end-users and geography. Based on type the market is segmented into double charged vitrified tiles, full body vitrified tiles, soluble salt vitrified tiles and glazed body vitrified tile. Glazed body vitrified tile is expected to witness highest growth during the forecast period owing to high durability and luxurious appearance. Based on the end-user the market is segmented into residential, commercial, and others. The residential sector is expected to hold a major market share during the forecast period due to increasing population and growth in disposable income.
Market Research Analysis
Residential sector, expected to grow at the highest CAGR
Residential sector will dominate the vitrified tiles market. The significant rise in global population, with the development of multibillion dollar luxury and semi-luxury tiles manufacturing industry, will be the major drivers for the growth of residential sector in vitrified tiles market. Also, the growing urbanization with growth in the construction industry and high demand for luxurious flooring tiles, as one of the primary growth factors for residential sector, will lead the vitrified tiles market during the forecast period.
Scope of the Report
This study provides an overview of the global vitrified tiles market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the vitrified tiles market by its type, by end-user and by region.
By Type
• Double Charged Vitrified Tiles
• Full Body Vitrified Tiles
• Soluble Salt Vitrified Tiles
• Glazed Body Vitrified Tile
By End-User
• Residential
• Commercial
• Others
By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World
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Ceramica Carmelo Fior Ltda. (Brazil)
Lamosa Group (Mexico)
Mohawk Industries Inc. (U.S)
Ras Al Khaimah (RAK
Ceramics (UAE)
Siam Cement Group (Thailand)
ABK Industrie Ceramiche SpA (Italy)
ALTAECO S.p.A. (Italy)
PT Arwana Citramulia Tbk (Indonesia)
Asian Granito India Ltd. (India)
Casalgrande Padana S.p.A. (Italy).
This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global vitrified tiles market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.
Asia Pacific vitrified tiles market, expected to grow at the highest CAGR
Asia Pacific region holds the largest share of global vitrified tiles market in 2016 and is expected to grow at a high rate. The continuous growth in residential and commercial sector in Asia –Pacific, requires a vitrified tiles for decorative and modern interiors. Also, the growing attention towards the development of modern infrastructure with beautiful interior are majorly contributing for the growth of vitrified tiles in this Asia Pacific for forecast period.
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