Press release
Eco-friendly Tiles Market 2019-2023 To Rise at CAGR of 9.2% | Worldwide Overview By Size, Share, Trends, Segments, Leading Players, Demand and Supply With Regional Forecast By 2023
Global Eco-friendly Tiles Market Information Report, By Type (Porcelain, Ceramic, Terrazzo, and Others), By Product (Floor Tiles, Wall Tiles, and others), and By End-user (Residential and Non-residential) and By Region - Forecast To 2023The prominent players in the eco-friendly tiles market include ANN Sacks Tile & Stone, Inc. (U.S.), Arizona Tile (U.S.), Bedrosians Tile & Stone (U.S.), Marazzi Group S.r.l. (Italy), Villagio Tile & Stone (U.S.), Dal-Tile Corporation (U.S.), Wausau Tile, Inc. (U.S.), Terra Green Ceramics Inc (U.S.), EnviroGLAS Products Inc. (U.S.), Crossville Inc. (U.S.), Johnson Tiles (India), Nemo Tile Company Inc. (U.S.), Florim Ceramiche S.P.A (Italy), Vitromex USA (U.S.), and Division Iris Ceramica (Italy).
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Synopsis of 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, in 2016 and is projected to grow at the highest CAGR during the forecast period. Rapidly growing construction activities, drive the demand of the market. China, Japan, India, and Singapore are the major markets in Asia Pacific region. Economic growth in the region has allowed for a greater requirement of institutional and commercial infrastructure spaces. This fuels the growth of the market. Key players are gradually shifting their production facilities to cater to high potential markets in Asia Pacific, mainly due to the availability of low-cost labor and ample raw material stocks. This has influenced the growth of the market. China is one of the leading markets in the region as several policies have been issued for lowering the proportion of down payment for second house loans and exempting sales tax for ordinary housing. This helped the recovery of commercial housing market. This will also be a positive influence on the growth of the global market.
Europe has accounted for the second largest market share, in 2016. The growth in remodeling and restructuring of the homes, drives the growth of the market in Europe. Additionally, Europe is the hub of major eco-friendly tiles manufacturers. U.K., Germany, Poland, and France, are the major markets for the eco-friendly tiles. North America is another major market for eco-friendly tiles. Growing residential and non-residential construction activities in the region, drives the growth of the market. In rest of the world, Middle East & South America regions are expected to contribute, significantly, during the forecast period, mainly due to changing lifestyle and high growth in construction sector.
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 type, the market has been segmented as Porcelain, Ceramic, Terrazzo, and others. Ceramic tiles are made up of clay, sand, and other natural products for walls and floors. The tiles are then molded into various desired sizes. Ceramic and porcelain tiles are used in residential and commercial construction.
On the basis of end-user, the market has been segmented as residential and non-residential. Non-residential dominates the end-user segment of the market. The governments of both the developing and developed economies are increasingly focusing on the development of public infrastructure. This will boost the demand for eco-friendly tiles in this segment. This concrete is used to construct commercial buildings and infrastructures such as office spaces, shops, restaurants, hotels, industrial buildings, schools, and hospitals. Residential segment is also expected to contribute, significantly, during the forecast period. Rise in demand for eco-friendly tiles, across the residential segment fuels the growth of the market. Moreover, increase in home improvement and renovation projects also provide further boost to the growth of the market.
Characterized by the presence of several well-established and small players, the global market for eco-friendly tiles appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch to gain competitive advantage in this market and to maintain their market position. These key players compete based upon pricing, and services. Vendors operating in the market strive to deliver the best quality products and services based on innovative technologies, and best practices. These key players make a substantial investment for R&D and to secure a guaranteed resource for the customers.
Hence, global eco-friendly tiles market is expected to grow at a CAGR of 9.2% during the forecast period 2018-2023.
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Scope of Report
The report for Global Eco-friendly Tiles Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued........
List Of Tables
Table 1 Global Eco-Friendly Tiles Market: By Region, 2017-2023
Table 2 North America Eco-Friendly Tiles Market: By Country, 2017-2023
Table 3 Europe Eco-Friendly Tiles Market: By Country, 2017-2023
Table 4 Asia Pacific Eco-Friendly Tiles Market: By Country, 2017-2023
Table 5 RoW Eco-Friendly Tiles Market: By Country, 2017-2023
Table 6 Global Eco-Friendly Tiles Market, By Type, By Regions, 2017-2023
Table 7 North America Eco-Friendly Tiles Market, By Type, By Country, 2017-2023
Table 8 Europe Eco-Friendly Tiles Market, By Resin Type, By Country, 2017-2023
Table 9 Asia Pacific Eco-Friendly Tiles Market By Type, By Country, 2017-2023
Continued.......
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