Eco-friendly Tiles Market 2018-2023 | ANN Sacks Tile & Stone, Inc., Arizona Tile, Bedrosians Tile & Stone, Marazzi Group S.r.l., Villagio Tile & Stone, Dal-Tile Corporation, Wausau Tile, Inc., Terra Green Ceramics Inc., EnviroGLAS Products Inc., Crossvill
Market Research Future published a half-cooked research report on Global Eco-friendly Tiles Market that contains the information from 2018 to 2023. Global eco-friendly tiles market is expected to grow with the CAGR of approximately 9.2% from 2018 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 TOC & market synopsis on “Global Eco-friendly Tiles Market Information from 2018 to 2023"
Eco-friendly tiles are the new thrill in the construction industry. These are made from renewable materials such as clay and scrap metal and are gaining popularity in various construction projects or buildings. Growing construction industry, across the globe is a major factor driving the growth of the market. Moreover, growing popularity of eco-friendly tiles in residential construction, mainly due to light weight is driving the growth of the market. Additionally, increase in disposable income boosts the demand for renovation and new construction. The renovation activities are often taken up as a result of the enhancing construction value and to increase the aesthetic value of the construction. However, the high cost of eco-friendly tiles may restrict the growth of the market.
For the purpose of this study, the global eco-friendly tiles market has been divided on the basis of types, products, and end-users. On the basis of end-user, non-residential sector accounts the largest market share and is expected to remain dominant over the forecast period. Growing demand of eco-friendly tiles from office spaces, shops, restaurants, hotels, industrial buildings, schools, and hospitals drives the growth of the segment.
Hence, the global eco-friendly tiles market is expected to grow at a CAGR of 9.2% during the forecast period.
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Market Research Analysis:
For the purpose of this study, the global eco-friendly tiles market has been segmented by type, by product, and by end-user. On the basis of product, the market has been segmented as floor tiles, wall tiles, and others. The floor tiles segment will register the highest CAGR during the forecast period.
On the basis of end-user, non-residential dominates the end-user segment of the market and is expected to grow at the highest CAGR during the forecast period. Non-residential sector, comprising hotels, corporate offices, and education institutes, is expected to contribute, significantly, during the forecast period. In many emerging economies such as China, India, Indonesia, Thailand, Brazil, and Mexico, many people are shifting from rural to urban areas. Hence, increasing population and lack of housing structures are forcing these governments to invest into the construction sector. This would create another opportunity for the eco-friendly tiles, in these countries.
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ANN SACKS Tile & Stone, Inc. (U.S.)
Arizona Tile (U.S.)
Bedrosians Tile & Stone (U.S.)
Marazzi Group S.r.l.
Villagio Tile & Stone
Wausau Tile, Inc.
Terra Green Ceramics Inc
EnviroGLAS Products Inc.
Nemo Tile Company Inc.
Florim Ceramiche S.P.A
Division Iris Ceramica
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 construction lift 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.
Scope of the Report:
This study provides an overview of the global eco-friendly tiles market, tracking three 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 six years for each region. The scope of the study segments the global eco-friendly tiles market, by type, by product, by end-user, and region.
• By Type
• By Product
o Floor Tiles
o Wall Tiles
• By Region
o North America
o Asia Pacific
o Rest of the World
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Asia Pacific region dominates the global eco-friendly tiles market
Geographically, the global eco-friendly tiles market has been divided into four major regions of North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region, has accounted for the largest market share and is projected to grow at highest CAGR during the forecast period. Rapid growth in construction sector in Asia Pacific region is the primary factor driving the growth of the market. The FDI inflows in construction in Asia Pacific region has led to an increase in construction projects and real-estate development. This, along with FDI in retail has pushed a number of retail outlets in the region. This induces the demand for construction in the region. Additionally, major players are targeting the Asia Pacific region, mainly due to availability of low-cost labor and availability raw material stocks. Hence, production facilities are increasing at a decent rate. This has also had a positive effect on the growth of the market. China, Japan, India, and Singapore are the major markets in Asia Pacific region.
North America is another major market for the eco-friendly tiles. U.S. is the major contributor in global and North America eco-friendly tiles market. Strong development commercial and residential structures in the U.S., is anticipated to fuel the demand for market in the region. Increasing repair and rehabilitation activities of existing infrastructure, shows potential for demand in the future. Increasing home improvement activities across Europe drives the demand of the market. In rest of the world, Middle East region is expected to contribute significantly during the forecast period, mainly due to increasing construction spending and high economic growth.
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