Press release
Ceramic Tiles Market Skyrocketing Beyond Prediction - China Ceramics Co., Ltd., Florida Tile, Inc., GRUPO LAMOSA, S.A.B. DE C.V., Mohawk Industries, Inc., Kajaria Ceramics Limited, Porcelanosa Grupo AIE, PT. Muliakeramik Indahraya, RAK Ceramics, The Siam
Ceramic Tiles Market Outlook to 2025
Physical properties attributable to the nature of ceramic tiles pose a certain challenge to their proliferation whose market is estimated to reach US$ 122.59 Bn by 2025.
Latest market study on “Ceramic tiles Market to 2025 Type (Floor Tiles and Wall Tiles); Application (Commercial and Residential) –Global Analysis and Forecast”, the Ceramic tiles market is growing at a CAGR of 5.5% between 2018 and 2025. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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Top Competitors in this Market:
- Mohawk Industries, Inc.
- China Ceramics Co., Ltd.
- Florida Tile, Inc.
- GRUPO LAMOSA, S.A.B. DE C.V.
- Kajaria Ceramics Limited
- Porcelanosa Grupo AIE
- PT. Muliakeramik Indahraya
The report aims to provide an overview of global ceramic tiles market with detailed market segmentation. Also, it analyzes the current market scenario of ceramic tiles market and forecasts the market till 2025. The report covers market dynamics affecting the ceramic tiles market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the ceramic tiles market with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the ceramic tiles market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.
The Asia Pacific is one of the prominent regions in ceramic tiles market which is contributing highest revenue globally due to the increase in the construction and manufacturing industry. China and India are the most populated countries in APAC region and therefore witnesses’ a growth in the construction of residential and other commercial buildings and complexes. In addition to this, growing economies in APAC region is experiencing a number of initiatives undertaken by regulatory bodies to accelerate the automotive industry in the countries to propel the growth of entire automotive industry and eventually Ceramic Tiles market.
The ceramic tiles have several performance benefits which attracts the end users especially, the builders and the constructors. However, the disadvantages of the building material possesses major concerns while procurement. The ceramic tiles by properties are very hard, which makes the material unsuitable for some end users. Attributing to the hardness of the material, it is very uncomfortable to stand on or walk, and unlike resilient floors, the ceramic tiles are highly resistant to softening by using padded underlayment. The builders or constructors of commercial infrastructures sometimes limits their procurement of ceramic tiles while constructing the buildings. This fact inhibits the ceramic tiles market to penetrate.
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The report segments the global Ceramic tiles market as follows:
Global Ceramic Tiles Market – By Types
Floor Tiles
Wall Tiles
Global Ceramic Tiles Market – By Application
Residential
Commercial
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