Press release
Vitrified Tiles Market Worldwide by Product, Applications, and Region 2029
The Vitrified Tiles Market, valued at US$ 7.47 billion in 2022, is projected to reach US$ 8.94 billion by 2029, showing a steady Compound Annual Growth Rate (CAGR) of 2.6% during the forecast period. The report encompasses a thorough analysis of market dynamics, trends, and regional insights that offer a comprehensive perspective on the industry.Report Scope and Methodology:
This report covers market trends from 2017, using 2022 as the base year, to forecast market developments through 2029. A specific focus is given to the impacts of lockdown in 2022 and the following two years on both demand and supply, which are critical aspects in understanding the market's trajectory.
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What are Global Personal Mobility Devices Market Dynamics ?
Market Drivers
Market Drivers:
Textural Appeal and Durability: The market for vitrified tiles is being propelled by increasing demand for tiles with superior textural appeal and durability. These tiles offer a luxurious alternative to traditional flooring materials like marble and granite, contributing to their growing popularity.
Ease of Installation: Vitrified tiles are known for their ease of installation, which adds to their appeal. However, it's worth noting that the cost of vitrified tiles is higher than that of ceramic tiles, and the use of expensive adhesives to ensure stability can be a restraint in some applications.
Market Restraints:
Labor Shortages and Raw Material Scarcity: The ongoing COVID-19 crisis has led to labor shortages and scarcity of raw materials, which are anticipated to impact the vitrified tile sector in the near future.
What is Global Personal Mobility Devices Market Segmentation ?
by Type
• Double Charged Vitrified Tiles
• Full Body Vitrified Tiles
• Soluble Salt Vitrified Tiles
• Energy Industry
• Military & Defense
• Oil & Gas
• Others
Glazed Body Vitrified Tiles: This segment is poised for significant growth, primarily driven by rising demand in residential applications. It offers superior durability and a luxurious appearance, making it the preferred choice for various projects.
by Application
• Residential
• Commercial
• Others
Residential Segment: The residential sector is expected to make a major contribution to the global vitrified tile market. The growing trend of smart homes and innovative thermal tiles, including warmth-generating, energy-saving, and cooling tiles, will drive market expansion, especially in residential buildings.
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Who are Global Personal Mobility Devices Market Key Players?
• Ceramica Carmelo Fior
• Lamosa
• Mohawk Industries
• Ras Al Khaimah (RAK) Ceramics
• SCG
• Casalgrande Padana
• CELIMA TREBOL Group
• Bell Granito Ceramica
• Ceramic Industries
• Ceramiche Castelvetro
• Cerindustries
• Building Materials Group
• Ceramiche Coem
• Concorde Group
• Altaeco
• PT Arwana Citramulia
• Ascot Group
• Asian Granito India
• Cooperativa Ceramica d'Imola
• Marca Corona
• Crossville
• Del Conca Group
• DYNASTY Ceramic Public Company
• Eagle Roofing Products
• Emilgroup
• Fiandre Group
• Iris Ceramica
Table of content for the Global Personal Mobility Devices Market includes:
Part 01: Executive Summary
Part 02: Scope of the Global Personal Mobility Devices Market Report
Part 03: Global Personal Mobility Devices Market Landscape
Part 04: Global Personal Mobility Devices Market Sizing
Part 05: Global Personal Mobility Devices Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Global Personal Mobility Devices Market Regional Insights:
Asia Pacific: This region is expected to dominate the vitrified tiles market during the forecast period. The upsurge in construction activities, increasing demand for new residential buildings, and a shift toward modern lifestyles are key drivers. Additionally, governments in developing economies such as India, China, Malaysia, and Indonesia are heavily investing in infrastructure development, further boosting demand for vitrified tiles.
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