Ceramic Tiles Market 2021 | What Factors Affect Growth And Industrial Demand | Trends and forecasts to 2028

Ceramic Tiles Market 2021

Ceramic tiles are increasingly accepted by the residential sector. These tiles are usually made of sand, clay, or other natural products. The raw material is first molded to the desired shape and size, and then baked in an oven at a temperature of more than 1,000º Celsius. Ceramic tiles are widely used in the construction industry to cover areas such as interior and exterior floors, walls, ceilings, partitions, and footpaths. The demand for ceramic tiles is increasing, due to the benefits they provide such as high durability, water resistance, color durability, and easy maintenance.

The increase in the practice of interior decoration combined with the high attraction of ceramic tile is expected to drive market growth in the forecast period. In addition, the expected construction industry is expected to stimulate the market growth of ceramic tiles in the forecast period. For example, according to the Chartered Institute of Building (CIOB), in 2017, the global construction industry was estimated at US $ 10.8 trillion and is expected to reach US $ 17.5 trillion by 2030, with a global growth rate of 3.9% per year. .

Among the regions, Asia Pacific is estimated to occupy a position in the ceramic tile market in the forecast period, due to growing construction activities in countries such as India and China. For example, according to the India Brand Equity Foundation (IBEF), the Indian housing sector was valued at US $ 120 billion in 2017, and is expected to reach US $ 1 trillion by 2030. In addition, government programs and increased funding for infrastructure projects in emerging economies such as China, India, among others are key factors, which are expected to stimulate the growth of the ceramic tile market. For example, the Government of India introduced 'Houses for all schemes' in 2015. The plan plans to provide affordable housing for all eligible families by 2022. This is expected to boost the growth of the construction industry, as well as market growth.

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Major players working in the global Ceramic Tiles Market include :- Mohawk Industries, Inc., Gruppo Concorde, Siam Cement group, Kajaria Ceramics, Johnson Tiles, RAK Ceramics, Ceramica Saloni, S.A.U, Grupo Lamosa, Somany Ceramics, China Ceramics Co., Ltd, and Lasselsberger GmbH.

Key Points for Geographical Analysis:

Details and data related to usage level in each region
Moderate increase in consumption rate
Expected growth rate of regional markets
Forward growth of market share in each region
Geographical contribution to market capitalization
The report answers questions such as:

1. What is the market size and forecast of the Global Ceramic Tiles Market?
2. What factors hinder the impact of COVID-19 in shaping the Global Ceramic Tiles Market during the forecast period?
3. What products / components / applications / areas should you invest in the forecast period in the Global Ceramic Tiles Market?
4. What is the competitive window for opportunities in the Global Ceramic Tiles Market?
5. What are the technical and regulatory trends in the Global Ceramic Tiles Market?
6. What is the market share of the leading retailers in the Global Ceramic Tiles Market?
7. What methods and strategies are considered appropriate to enter the Global Ceramic Tiles Market?

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