Ceramic Tiles Market - Global Industry Share, Growth, Competitive Analysis and Forecast 2019-2025

Ceramic tiles are normally produced from white or red clay and are widely used material in interior decoration due to their aesthetic look and low cost. Ceramic tiles are a highly popular choice for walls, floors, and counter tops. These tiles are significantly used in flooring, and most of the residential buildings use ceramic tiles in apartments. Ceramic tiles are available in a large range of shapes and sizes and low cost which makes them a suitable alternative in residential construction projects. These tiles are coated with a special glaze that adds durability to the tile. In addition, the glaze offers color and pattern to the ceramic tiles.

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Some of the major players operating in the market include Mohawk Industries, Inc., Kajaria Ceramics Ltd., PORCELANOSA Group, Somany Ceramics Ltd., and RAK Ceramics PJSC.

The major factors contributing to the growth of the market include rising demand for new residential construction and rapid growth in the flooring market. Rising homebuyer demand coupled with increasing disposable income is contributing to the new residential construction activities. For instance, according to the US Census Bureau, in April 2019, new building permits were 1,296,000, which is 0.6% high as compared to March 2019. Likewise, growth in the construction industry across countries, such as Germany, China, and India have also been witnessed, which in turn, is boosting the demand for ceramic tiles. Ceramic tiles are the most commonly used material in the construction activities and are normally used as wall tiles in kitchen and bathroom. In addition, it holds certain beneficial properties such as water absorption, dirt resistance, and durability, which are highly important for the future life of buildings. Therefore, ceramic tiles are significantly used in construction projects.

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The global ceramic tiles market is segmented on the basis of type and end-user. Based on type, the market is further classified into floor tiles and wall tiles. Based on end-use, the market is further classified into residential, and non-residential that includes commercial, and industrial sector. Rapid urbanization and high per capita income coupled with rising demand for new residential construction projects is contributing to the adoption of ceramic tiles in the residential segment.

Market Segmentation

Global Ceramic Tiles Market by Type

o Floor Tiles
o Wall Tiles

Global Ceramic Tiles Market by End-User

o Residential
o Non-Residential

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