Press release
Ceramic Tiles Market Rise at Moderate CAGR of 5.5% CAGR Through 2025 - Leading Players Mohawk Industries, China Ceramics, Florida Tile, GRUPO LAMOSA, Kajaria Ceramics,Porcelanosa Grupo, RAK Ceramics and The Siam Cement Public
Ceramic Tiles Market
Ceramic Tiles Market is expected to grow from US$ 81.01 Bn in 2017 to US$ 122.59 Bn by 2025 at a CAGR of 5.5% between 2018 and 2025.
Ceramic tiles have quickly gained significant popularity and are one of the heavily used type of materials in residential and commercial construction. The market for ceramic tiles is directly proportional to the increasing construction and reconstruction of residential and commercial infrastructure. The ceramic tiles market has gained significant popularity in Asia Pacific region, owing to noteworthy demand among the builders, constructors and the house owners. China is the most dominant country in the region, contributing approximately 70% of the regional production and consumption. Europe on the other hand, is also producing and consuming noticeable amount of ceramic tiles in order to increase the aesthetics of the newly constructed buildings and also the renovated buildings.
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Top Dominating Key Players:
1. Mohawk Industries, Inc.
2. China Ceramics Co., Ltd.
3. Florida Tile, Inc.
4. GRUPO LAMOSA, S.A.B. DE C.V.
5. Kajaria Ceramics Limited
6. Porcelanosa Grupo AIE
7. PT. Muliakeramik Indahraya
8. RAK Ceramics
9. The Siam Cement Public Co. Ltd.
10. Gruppo Ceramiche Ricchetti SPA
As leading companies in Ceramic Tiles Market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
Ceramic Tiles Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Ceramic Tiles Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reason to Buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Ceramic Tiles Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Ceramic Tiles, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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