Press release
Ceramic Tiles Market: The global market is expected to grow at a CAGR of 7.6% during the forecasted period.
As per the study initiated by Evolve Business Intelligence, the global Ceramic Tiles Market size accounted for USD 227.9 billion in 2022, growing at a CAGR of 7.6% from 2023 to 2033. The global ceramic tiles market is experiencing significant growth, with a projected CAGR ranging from 6.3% to 7.1% over the next decade. The market size was valued at USD 227.9 billion to USD 278.51 billion in 2021-2022 and is expected to reach USD 320.5 billion to USD 583.6 billion by 2027-2033. Ceramic tiles are widely used for various applications such as flooring, countertops, walls, and backsplashes. The market is segmented by product type, application, construction type, end-use, and geography, with the Asia-Pacific region holding the largest market share. Key players in the market include Mohawk Industries, Inc., RAK Ceramics, Kajaria Ceramics Ltd., and others. The market is primarily driven by factors such as increasing population, disposable income, renovation activities, and commercial and residential construction site investments, which drive the market growth of the ceramic tiles market.Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022089
Key Highlights:
• The global Ceramic Tiles Market size was valued at USD 227.9 billion in 2022 growing at a CAGR of 7.6% from 2023 to 2033.
• Asia Pacific dominated the market in 2022
• North America is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Ceramic Tiles Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Ceramic Tiles Market players holding high market shares include Mohawk Industries (US), STN Ceramica (Spain), Siam Cement Group (Thailand) and Grupo Fragnani (Brazil). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Mohawk Industries (US)
• STN Ceramica (Spain)
• Siam Cement Group (Thailand)
• Grupo Fragnani (Brazil)
• Grupo Lamosa (Mexico)
• Pamesa Ceramica (Spain)
• RAK Ceramics (UAE)
• Ceramica Carmelo Fior (Brazil)
• Kajaria Ceramics (India)
• Grupo Cedasa (Brazil), among others
Segmental Analysis
Market Segment By Raw Material
• Feldspar
• Kaolin
• Bentonite
• Silica Sand
Market Segment By Product
• Ceramic Tiles
• Floor Tiles
• Others
Market Segment By Application
• Residential
• Commercial
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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