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Ceramic Tiles Market Size to Reach a CAGR of 4.7% by 2026 | Top Players covered are Kale Group, Vitromex USA, Inc., Cersanit Group, Somany Ceramics and many more

12-03-2021 10:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fortune Business Insights

Ceramic Tiles Market

Ceramic Tiles Market

As per a report published by Fortune Business Insights The global ceramic tiles market size is projected to reach USD 82.83 billion by 2026, attributable to rise in construction activities worldwide. Ceramic tiles offer functions such as scratch-resistance, slip-resistance, cracking-resistance, and are appealing aesthetically. Fortune Business insights™ provide a comprehensive overview of the market in their recently published report The ceramic tiles market size was USD 57.26 billion in 2018 and will rise at a CAGR of 4.7% between 2019 to 2026.

Report Aim & Scope:

The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
Key Drivers

Government-supported Initiatives to Improve Existing Infrastructure will Bode Well for Market

Moreover, the rise in disposable incomes of people, coupled with the rapid industrialization and modernization, propelled people to renovate and reconstruct existing homes and commercial spaces. Furthermore, the advent and rising popularity of customizable and digitally printed ceramic tiles and the currently trending phase of interior decorations will further help the market generate high revenue in the forthcoming years. Increasing construction and renovation activities worldwide is a significant factor propelling the ceramic tiles market growth. This, coupled with the rise in government initiatives to improve public recreational spaces such as hospitals, schools, and public transport, are likely to aid in the expansion of the market.

Get Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ceramic-tiles-market-102377

Regional Segmentation:

Asia Pacific to Emerge Dominant Owing to Rapid Construction and Renovation Activities

On the other side, the market in North America will witness significant growth in the forecast period owing to the rising trend of customization and personalization for households and commercial spaces in the developed nations of the region. In 2018, this region earned USD 4.00 billion. Furthermore, the increasing demand for energy-efficient and green buildings for utilization as government and business offices are likely to add impetus to the market in the coming years.

Geographically, Asia Pacific emerged as the largest ceramic tiles market shareholder on account of the presence of the largest consumer and manufacturer in the region. Additionally, the rapidly evolving construction industry is also making a considerable contribution to the market in terms of the increasing trend for construction and renovation activities in the region.

List of Leading Ceramic Tiles Market Manufacturers include:

Kale Group
Vitromex USA, Inc.
Cersanit Group
GrupoLamosa
Somany Ceramics
STN Cerámica
Dynasty Ceramic Public Company Limited
Elizabeth Group
PAMESA CERÁMICA SL
GrupoCedasa
Kajaria Ceramics Limited
Ceramic Industries Group
Cerâmica Carmelo Fior
White Horse Ceramic
MOHAWK INDUSTRIES INC.
RAK CERAMICS
PT ArwanaCitramuliaTbk
LASSELSBERGER Group
GrupoCelimaTrebol
SCG CERAMICS
Others
Speaks to Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/ceramic-tiles-market-102377

Competitive Landscape:

Players to Focus on Maintaining a Diverse Product Portfolio

The market for ceramic tiles is highly fragmented in nature due to the presence of many players. Major companies operating in the market are focusing on the launch of innovative products differing in style, design, size, and every aspect from the others. Therefore, vendors are making massive investments for the same to stand out in the competition and attract substantial ceramic tiles market revenues in the forecast period. Apart from this, companies are also trying to expand their geographical presence and are thus taking initiatives for the same.

Key Players Assessment in this Research:

The report offers detailed analysis of leading companies in the market across the globe.
It provides details of the major vendors involved in this market
A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
Key Industry Developments of Aerospace Fasteners Market Include:

October 2019 – A new set of seven tile varieties were launched by Mohawk Industries Inc. under the name of Daltile. Each of these tiles differed in size, shape, design, style, and color,and this innovation in tile production is likely to create a diverse portfolio for the company.

February 2020 – One of the biggest tile showrooms was inaugurated in Hyderabad by Kajaria Ceramics Limited. The major objective behind this launch was to improve the distribution channel of the company all over India.

Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/ceramic-tiles-market-102377

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
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Phone:
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APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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