The glass tiles market is set to grow at a 7.5% CAGR by 2026, driven by construction industry growth and infrastructure investments.
According to the latest report by IMARC Group, titled “Glass Tiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global glass tiles market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.5% during 2021-2026. Glass tiles generally have a flat reflective surface that are manufactured from thin pieces of recycled glass and sand. They are easy to clean, durable, eco-friendly and resistant to frost, sunlight and water. They are widely utilized to decorate the exterior and interior walls of kitchens, bathrooms and swimming pools as they offer an aesthetic and radiant appearance to the surface.
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Global Glass Tiles Market Trends:
The global market is primarily driven by significant growth in the construction industry. Along with this, the increasing investments by public and private agencies in infrastructural development projects and the rapid expansion of commercial, residential and industrial spaces across the globe are creating a positive outlook for the market. Moreover, the widespread adoption of glass tiles in order to keep the indoor space warm and bright for reducing the overall energy consumption is providing an impetus to the market growth. Some of the other factors contributing to the market growth include the increasing preference for renovation activities across the residential sector and extensive research and development (R&D) activities conducted by key players to improve production technologies.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
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Key highlights of the Report:
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The main topic is the growth and forecast of the global glass tiles market from 2021 to 2026.
The market is driven by growth in the construction industry and investments in infrastructure projects.
Glass tiles are durable, eco-friendly, and help reduce energy consumption by keeping spaces warm and bright.
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