Press release
Ceramic Tiles Market: Segmentation Trends, Regional Opportunities, and Growth Forecast to 2024-2031 | MOHAWK INDUSTRIES, INC., Grupo Lamosa, Roca Group.
Ceramic Tiles Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Ceramic Tiles market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Ceramic Tiles Market reached US$ 244.1 billion in 2023 and is expected to reach US$ 441.9 billion by 2031, growing with a CAGR of 7.7% during the forecast period 2024-2031.
The Ceramic Tiles market involves the production and sale of tiles made from clay and other raw materials, known for their durability, aesthetic appeal, and versatility. Used in residential and commercial spaces for flooring, walls, and backsplashes, ceramic tiles come in various designs, sizes, and finishes. Market growth is driven by trends in home renovation, urbanization, and a rising demand for sustainable building materials.
Key Developments:
On July 22, 2022, Kajaria Ceramics made a significant strategic move by acquiring a 51% stake in South Asian Ceramic Tiles, which will now operate as a subsidiary of Kajaria. This acquisition, valued at up to Rs 28.50 crore, was approved by the company's Board of Directors and is expected to strengthen Kajaria's presence in South India while broadening its market reach.
On April 19, 2023, Varmora Group, a prominent manufacturer of ceramic tiles, sanitaryware, and bath fittings, broke ground on a new tile manufacturing facility in Morbi. With an investment of approximately Rs 250 crores, this state-of-the-art plant aims to cater not only to the domestic market but also to meet the growing global demand for tiles. Featuring advanced technology, the facility is designed to produce innovative alternatives to natural materials like marble and wood, offering tiles celebrated for their stunning designs and high-quality finishes.
List of the Key Players in the Ceramic Tiles Market:
MOHAWK INDUSTRIES, INC., Grupo Lamosa, Roca Group, PORCELANOSA Group, Kajaria Ceramics Limited, China Ceramics Co., Ltd., RAK Ceramics, Florim Ceramiche S.p.A., Crossville Inc. and Marca Corona S.p.a.
Research Process:
Both primary and secondary data sources have been used in the global Ceramic Tiles Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Ceramic Tiles Market:
By Type: Porcelain, Glazed, Unglazed.
By Finish: Matt, Gloss.
By Construction Type: New Construction, Renovation.
By Application: Floor, Internal Wall, External Wall, Ceiling Tiles, Roofing Tiles, Others.
By End-User: Residential, Commercial, Industrial.
Regional Breakout:
The global Ceramic Tiles Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Ceramic Tiles Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Ceramic Tiles Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of New Zealand Food Testing and Certification manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of New Zealand Food Testing and Certification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
What is the expected growth rate of the global market for the forecast period?
What are the key driving factors that are responsible to shape the fate of the Ceramic Tiles market during the forecast period?
What will be the overall size of the market during the analysis period?
What are the prominent market trends which influence the development of the Ceramic Tiles market across various regions?
Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
What are the challenges and threats that are likely to act as a barrier to the growth of the Ceramic Tiles market?
What are the major opportunities that the companies can get to attain success in the world?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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