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Ceramic Tiles Market is Projected to Reach USD 393.11 Billion by 2030: Cognitive Market Research
Ceramic Tiles Market is Projected to Reach USD 393.11 Billion by 2030: Cognitive Market Research
What is Ceramic Tiles Market?
The ceramic tiles market refers to the industry involved in the production, distribution, and sales of ceramic tiles. Ceramic tiles are a type of building material made from a mixture of clay and other natural materials that are shaped and fired at high temperatures to create a hard, durable surface. They are commonly used for flooring, walls, countertops, and other decorative applications in residential, commercial, and industrial settings. The market for ceramic tiles is driven by factors such as construction and renovation activities, urbanization, and the growing demand for aesthetically pleasing and sustainable building materials. The market includes manufacturers, distributors, and retailers of ceramic tiles, as well as contractors and other service providers involved in the installation and maintenance of these products.
Summary:
As per the study of CMR, the Global Ceramic Tiles Market size was valued at USD 227.62 Billion in 2022 and will reach USD 393.11 Billion by 2030 and is expected to grow at a CAGR of 7.1% during the forecast period (2023-2030).
To know more about The Ceramic Tiles Market statistics click here: https://www.cognitivemarketresearch.com/ceramic-tiles-market-report
Market Dynamics:
Ceramic Tiles Market Drivers:
The construction industry is one of the major drivers of the ceramic tiles market. As the global population continues to grow, there is a growing demand for new residential and commercial buildings, as well as for the renovation of existing structures.
There is a growing demand for sustainable building materials that are environmentally friendly and energy-efficient. Ceramic tiles are a sustainable building material that is highly durable, low-maintenance, and recyclable. As a result, increasing demand further boosts the market growth.
Ceramic Tiles Market Opportunities:
As technology continues to advance, there is a growing opportunity for manufacturers to develop new and innovative ceramic tile products. For example, the development of large-format ceramic tiles, which are more efficient to install and require less grout, is an emerging trend in the market.
Ceramic Tiles Market Restraints:
Ceramic tiles are made from natural materials such as clay, sand, and feldspar, which are subject to price fluctuations due to factors such as supply and demand, weather conditions, and geopolitical events. This can hamper the profitability of manufacturers and increase the price of ceramic tiles for consumers.
Ceramic Tiles Market Segmentation:
Type:
• Porcelain
• Glazed
• Unglazed
Based on type, the porcelain segment has the largest revenue share in the ceramic tiles market. Due to their characteristics, including minimal water absorption, slip resistance, and anti-bacterial capabilities, porcelain tiles have seen an increase in demand in recent years. Porcelain tiles are quite popular for both residential and commercial structures because of their qualities. There are various types of porcelain tiles, including glazed, unglazed, and full-body porcelain tiles, which are mostly utilized in heavy-duty flooring applications. Little chips may not be as obvious as they would be on a ceramic tile since unglazed porcelain tile is formed of uniform color and have a through-body composition.
Application:
• Floor
• Internal Wall
• External Wall
• Others
End-use:
• Residential
• Non-residential
Finish:
• Matt
• Gloss
Construction Type:
• New Construction
• Renovation
Competitive Analysis of the Ceramic Tiles Market: Mohawk Industries, Iris Ceramica, Crossville Inc, Florida Tile, Interceramic, Florim, EMIL AMERICA, Shaw Industries Group, Del Conca
Get free sample pages of the latest published Ceramic Tiles Market Report: https://www.cognitivemarketresearch.com/ceramic-tiles-market-report#request_sample
Regional Analysis:
Asia Pacific accounted for the largest share of the ceramic tiles market
Asia Pacific has the largest revenue share in the ceramic tiles market. The Asia Pacific region has seen the most significant growth in the ceramic tile market. India, China, Vietnam, Indonesia, and the rest of Asia Pacific are among the nations in the region. Due to rising building and construction activities, particularly in China and India, as well as rising investments from both domestic and international investors in the public and private sectors, the ceramic tile market in nations like India, China, and Vietnam is predicted to experience significant growth. Additionally, the region's expanding population offers a sizable consumer base for ceramic tiles used in construction, which is anticipated to fuel market expansion for ceramic tiles.
Ceramic Tiles Market News:
For over USD 293 million, Mohawk Industries and Grupo Industrial Saltillo (GIS) agreed into an agreement to buy the Vitromex ceramic tile company (June 2022)
Mohawk Industries and Grupo Industrial Saltillo (GIS) reached a deal for Mohawk Industries to pay roughly USD 293 million for the business of Vitromex ceramic tile. Vitromex was founded in 1967 and has four manufacturing facilities spread throughout Mexico. When combined with Mohawk's current facilities, its expanded footprint will enhance the company's customer base, manufacturing effectiveness, and logistical capabilities.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Ceramic Tiles Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Ceramic Tiles Market Segmentation
1.5.1 Ceramic Tiles Market Regional Fragmentation
1.5.1 Ceramic Tiles Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Ceramic Tiles Market
• 3.1 Global Ceramic Tiles Market Size 2018 - 2030, (USD Million)
• 3.2 Global Ceramic Tiles Value, Absolute & Opportunity Analysis
• 3.3 Global Ceramic Tiles Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Ceramic Tiles Market Statistics 2022: Snapshot
Chapter 4 Global Ceramic Tiles Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Ceramic Tiles Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Ceramic Tiles Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Ceramic Tiles Market by End-use Segmentation Analysis (2018-2030)
Chapter 12 Global Ceramic Tiles Market by Finish Segmentation Analysis (2018-2030)
Chapter 13 Global Ceramic Tiles Market by Construction Type Segmentation Analysis (2018-2030)
Chapter 14 Global Ceramic Tiles Market Regional Analysis
Chapter 15 North America Ceramic Tiles Market Outlook (2018 - 2030)
Chapter 16 Europe Ceramic Tiles Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Ceramic Tiles Market Outlook (2018 - 2030)
Chapter 18 Latin America Ceramic Tiles Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Ceramic Tiles Market Outlook (2018 - 2030)
Chapter 20 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Ceramic Tiles Market TOC click here: https://www.cognitivemarketresearch.com/ceramic-tiles-market-report#table_of_contents
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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