Press release
Ceramic Tiles Market 2019 Industry Trends, Prominent Players: Siam Cement Public Company, Mohawk Industries, Kajaria Ceramics, Roca Sanitario, RAK Ceramics, Lamosa, Guangdong Dongpeng Ceramic, Gruppo Concorde and Pamesa Ceramica
Worldwide Ceramic Tiles Market - SynopsisMRFR asserts that the global Ceramic Tiles Market will perceive phenomenal accruals posting 6.17% of a CAGR during 2017 – 2023. The Global Ceramic Tiles Market is growing rapidly mainly owing to the booming construction industry. Market enjoys the unique distinction of being highly indigenous with an abundance of raw materials, technical skills, and infrastructural facilities. Versatile, durable and stylish, ceramic tiles play an integral part in home decor. Being stain and water resistant, naturally robust against high humidity conditions and renowned for their longevity and easy maintenance.
The reasons behind the popularity of Ceramic Tiles are its preeminent factors like the durability, cost and ease of maintenance. The same factors are propelling the market growth as well. The inexpensive and highly durable ceramic tiles are witnessing a high demand from the industries such as hospitals, laboratories, and residential buildings.
Acknowledging the spurting growth the market is perceiving currently & the potential the market holds to grow globally, a leading research firm ‘Market Research Future’ (MRFR) has recently published a brilliant study report mapping companies active in the industry.
Key Players
Crossville Inc, Iris Ceramica Kajaria Ceramics, Ceramiche Atlas Concorde, Saloni Ceramics, Ceramic India, RAK Ceramics, Florida Tile, and China Ceramics Co. are some of the prominent players at the forefront of competition in the Global Ceramic Tiles Market and are profiled in MRFR Analysis.
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The progressing construction developments worldwide is a key market driving factor for the market growth of Ceramic Tiles. In addition, factors contributing the market growth include, burgeoning construction industry, improving economic conditions worldwide that increases consumer’s affordability, growing urbanization & industrialization. Moreover technological advancements and increasing customization trends are expected to provide impetus to the market growth.
Another trend observed in the market is stain and germ resistant tiles. These tiles are more sturdy and affordable when compared to regular paints. This trend is expected to prompt the market growth to an extent. Owing to the their lightweight, ultra-thin, anti-slip and anti-bacterial properties, Ceramic Tiles are increasingly places in hotels, hospitals, laboratories and pharmaceutical industries where hygiene is of prime importance. Furthermore, ceramic tiles are easy to install, clean and repair. Ceramic Tiles have captured a substantial market share in the global flooring materials market.
Segmental Analysis
The global ceramic tiles market is segmented into the product, raw material, and application. On the basis of raw material, the market is segmented into feldspar, kaolin, bentonite, silica sand, and others. On the basis of the product, the global ceramic tiles market is segmented into wall ceramic tiles, floor ceramic tiles, and others. On the basis of the application, the global ceramic tiles market can be further segmented into commercial, residential and others.
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Geographical Analysis
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Competitive Landscape
With the presence of numerous matured & small key players accounting for a substantial market share, this market appears to be fiercely competitive & fragmented. These market players try to gain competitive advantage through strategic partnership, acquisition, expansion, collaboration, product & technology launch.
Designing Customized tiles is the latest trend observed in the market during the analysis. Resultantly, this trend is expected to drive the market competition intensely. Manufacturers having the ability to manufacture exclusive tiles based on the consumers’ taste and preferences are expected to gain a competitive edge over their rivals.
Brief TOC of Ceramic Tiles Market
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Ceramic Tiles Market
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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