Global Ceramic Tiles Market Report and Forecast 2024-2032

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Population Growth in the Asia Pacific Region Leads the Growth of the Market

Ceramic tile is a popular material used in the construction of infrastructures, such as houses, buildings, and others. The tiles are not only durable and low maintenance but also aesthetically pleasing, which provides further impetus to the market growth. The Asia Pacific region is both one of the major consumers and producers of ceramic tiles. Developing economies such as India, China, Thailand, Indonesia, and Vietnam are some of the significant markets for the ceramic tiles market. The exponential rise of population in the region has resulted in increased demand for housing and infrastructure, further providing impetus to both the construction and ceramic tiles market. Also, the rise of disposable incomes, economic stability and improved living standards contribute significantly to the market expansion. The market is flourishing moderately in North America and Europe with replacement and renovation activities and the increasing use of eco-friendly tiles. The construction of various public places like airports, stations and schools also contribute to the expansion of the industry.

Reopening of Commercial Spaces to Fuel the Market Growth of Ceramic Tiles

The surging demand for ceramic tiles from developed and developing countries due to various benefits of ceramic tiles like simple maintenance, affordability, and easy installation, among others, is likely to drive the market growth of ceramic tiles in the coming years. The reopening of the schools, offices, restaurants and other commercial spaces upon the ease of COVID-related restrictions, along with the resumption of construction activities, is further propelling the demand for ceramic tiles. Additionally, factors including changing preferences of consumers, rising demand for variety in patterns, designs, and styles, among consumers, and growing renovation activities, are helping the market advance further. Moreover, based on the product, the porcelain segment registered significant market growth in ceramic tiles across the globe as these tiles are both denser and harder than other ceramic tiles. They offer high durability and can withstand significant wear and tear. Also, porcelain tiles have low water absorption rate, are stain resistant, and easy to clean, which is boosting the demand for porcelain tiles in kitchens, hospitals, and bathrooms, thereby propelling the market growth.

Ceramic Tiles: Market Segmentation

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The EMR report looks into the regional market of ceramic tiles such as North America, Europe, Latin America, the Middle East and Africa, and the Asia Pacific.

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Technological Innovations to Bolster the Market Growth of Ceramic Tiles

The robust growth of the construction and infrastructure sector is propelling the growth of the market. Moreover, various innovations and modern technologies such as the use of digital print and anti-skid make ceramic tiles the most prevalent choice for both homeowners and interior decorators alike. Various technological drivers like Nano-technology, 3D printing, and large size of tiles not only ensure high-quality products but also enhance the durability, productivity, and applications, aiding the growth of the market.

Rapid urbanisation and the emergence of the middle class are also some of the significant factors that promote the development of the market. The development of various smart cities and the usage of eco-friendly materials in green buildings also promote the growth of the market. Like most of the other industries, this market too has been adversely affected by the COVID-19 outbreak due to the temporary closure of construction sites in almost all parts of the world, especially in 2020. However, with the ease in restrictions and resumption of construction sectors, the market for ceramic tiles has been witnessing positive growth, which is expected to continue forward in the forecast period.

Key Players in the Global Ceramic Tiles Market

The report presents a detailed analysis of the following key players in the global ceramic tiles market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Mohawk Industries, Inc.
• SCG Ceramics Public Co., Ltd.
• Grupo Lamosa
• Dynasty Ceramic Public Company Limited
• Kajaria Ceramics Limited
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report