Ceramic Tiles Market to 2025 Growth Involving Prominent Players Such as Kajaria Ceramics Ltd., Mohawk Industries, Porcelanosa Grupo A.I.E., PT. Muliakeramik Indahraya, RAK Ceramics, The Siam Cement Public Co. Ltd and Others

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Ceramic Tiles market. The researcher provides an extensive analysis of the Ceramic Tiles market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

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According to the new research report published by The Insight Partners, titled “Ceramic Tiles Market - Global Analysis and Forecast to 2025”, The global ceramic tiles market is expected to grow at a CAGR of 5.5% during the forecast period 2018 – 2025, to account to US$122.59 Bn by 2025.

In 2017, Asia Pacific accounted for the largest revenue share in the ceramic tiles market. The global construction sector in terms of residential and commercial sectors have witnessed immense growth in Asian countries namely; China and India in the last few years. Attributing to the constantly rising population in the Asia Pacific countries, the region is experiencing a substantial demand for residential spaces, and commercial areas such as shopping malls, retail stores, hotels, hospitals, airports and railway stations among others. Pertaining to the surge in demand for the commercial sector and residential sector, the manufacturers of ceramic tiles in the region are remarkably increasing the production line, thereby, facilitating in higher adoption.

Countries in Asia Pacific region have significantly invested in construction industry, and are still continuing the trend which is catalyzing the infrastructure construction over the years. For instance, Philippines government has invested US$ 144 Billion in 2016, with an aim to expand the commercial, residential and energy sectors of the country. Similarly, Indonesian government is also increasing the investments, which is facilitating the commercial, residential and energy infrastructure to climb year on year. The increasing focus towards enhancing construction of commercial buildings and residential spaces in APAC region is helping ceramic tiles manufacturers to increase their production, which has proliferated the demand for ceramic tiles in the region. Furthermore, countries in Middle East and Africa namely; UAE, Tanzania, and Kenya are showcasing substantial growth in commercial and residential infrastructure growth since the last few years, thereby, has created a potential market for ceramic tiles, and this factor is driving the market in the present scenario. Hence, the upward trend in commercial and residential infrastructure construction is heavily driving the market for ceramic tiles in the recent years.

Top Key Players:- China Ceramics Co. Ltd., Florida Tile Inc., Gruppo Ceramiche Ricchetti S.P.A., Grupo Lamosa, S.A.B. DE C.V., Kajaria Ceramics Ltd., Mohawk Industries, Porcelanosa Grupo A.I.E., PT. Muliakeramik Indahraya, RAK Ceramics, The Siam Cement Public Co. Ltd.

The research on the Ceramic Tiles market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Ceramic Tiles market on the basis of end user, product type, application, and demography for the forecast period 2021–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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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 market, 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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This release was published on openPR.