Global Ceramic Tiles Market Estimated to Surpass US$ 180 Bn by 2027
Global Ceramic Tiles Market Estimated to Surpass US$ 180 Bn by 2027
Published by TMR Research Insights
Posted on August 4, 2021
Ceramic Tiles Market: Increase in New and Refurbishment Construction Activities especially in Asia Pacific
Ceramic tiles are one of the most popular tiles and they are used in building and construction activities all over the globe. Ceramic tiles is a key building material used in the construction industry. Ceramic tiles are stylish, durable, and versatile. They play an integral part in the décor of any space
Ceramic tiles are manufactured from various minerals and clays such as feldspar, zircon, bentonite, kaolin, and clay. Raw materials undergo various mechanical operations such as mixing, drying, and forming to yield the ceramic tile body
Increase in new and refurbishment construction activities in Asia Pacific especially in China and India is the major factor which is expected to drive the demand for ceramic tiles
Countries in Asia Pacific are estimated to account for a leading share of the global flooring sector, led by growth of economy, easy availability of resources, and wide industrial base in these countries. These factors, in turn, are anticipated to drive the demand for ceramic tiles in Asia Pacific during the forecast period 2019 to 2027
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Floor Tiles is Expected to Continue to Be Major Product Type
Based on product, theceramic tiles markethas been segmented into the floor tiles, wall tiles, and others. The others segment include ceiling tiles, roofing tiles, and countertop tiles. Floor tiles are consumed the most, followed by wall tiles. Floor tiles accounted for more than 50% in 2018 and is expected to continue to be major product type during the forecast period 2019 to 2027. Floor occupies larger space in construction activities due to which it requires large number of tiles. Ceramic floor tiles are also commonly used in shower and toilet flooring, due to their ability to resist stains, odors, allergens, or bacteria
Ceramic floor tiles is also expected to exhibit significant CAGR during the forecast period 2019 to 2027. Ceramic floor tiles is anticipated to grow at CAGR of more than 9.0% between 2019 and 2027
Request for Covid-19 Impact Analysis on Ceramic Tiles Market :
Residential Replacement Contributed Major Demand for Ceramic Tiles Market
Based on application, ceramic tiles has been segmented into residential replacement, commercial, new residential, and industrial. Out of which, residential replacement accounted for more than 40.0% of the total ceramic tiles market in 2018. It is likely to remain dominant application during the forecast period 2019 to 2027
Increase in renovation activities owing rise in disposable income followed by improved standard of living is the major factor of which drives the demand for ceramic tiles for residential replacement. However, new residential segment is expected to exhibit significant CAGR of more than 10% during the forecast period 2019 to 2027
Increase in new construction activities in residential segment is the major factor which makes new residential segment highly attractive application for ceramic tiles
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Rise in Construction Activities Makes Asia Pacific Major Region For Ceramic Tiles
In terms of geography, the Ceramic Tiles market has been bifurcated into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific held the leading market share of more than 60% in 2018. It is likely to remain dominant region over the forecast period 2019 to 2027
Asia Pacific accounts for the significant market share of the global ceramic tiles both in terms of revenue and volume. Increasing disposable incomes, and rising construction activities in Asia Pacific drive the market for ceramic tiles in the region. China held a leading share of the market in the region in 2018, owing to presence of promising construction industry in the region. China, India, Vietnam, and Indonesia are key countries of the market in Asia Pacific
The North America market is anticipated to witness steady growth between 2019 and 2027. Currently, recovery of the building & construction industry in the region, especially in the commercial sub-segment, is a key factor driving the ceramic tiles market in North America.
Global Ceramic Tiles Market: Competition Landscape
Large number of players available in the market. Majority of the players have strong position in their respective regions. Key players operating in the market are Major manufacturers of ceramic tiles across the world include
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Ceramic Tiles Market: Increase in New and Refurbishment Construction Activities especially in Asia Pacific
Ceramic tiles are one of the most popular tiles and they are used in building and construction activities all over the globe. Ceramic tiles is a key building material used in the construction industry. Ceramic tiles are stylish, durable, and versatile. They play an integral part in the décor of any space
Ceramic tiles are manufactured from various minerals and clays such as feldspar, zircon, bentonite, kaolin, and clay. Raw materials undergo various mechanical operations such as mixing, drying, and forming to yield the ceramic tile body
Increase in new and refurbishment construction activities in Asia Pacific especially in China and India is the major factor which is expected to drive the demand for ceramic tiles
Countries in Asia Pacific are estimated to account for a leading share of the global flooring sector, led by growth of economy, easy availability of resources, and wide industrial base in these countries. These factors, in turn, are anticipated to drive the demand for ceramic tiles in Asia Pacific during the forecast period 2019 to 2027
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
Floor Tiles is Expected to Continue to Be Major Product Type
Based on product, theceramic tiles markethas been segmented into the floor tiles, wall tiles, and others. The others segment include ceiling tiles, roofing tiles, and countertop tiles. Floor tiles are consumed the most, followed by wall tiles. Floor tiles accounted for more than 50% in 2018 and is expected to continue to be major product type during the forecast period 2019 to 2027. Floor occupies larger space in construction activities due to which it requires large number of tiles. Ceramic floor tiles are also commonly used in shower and toilet flooring, due to their ability to resist stains, odors, allergens, or bacteria
Ceramic floor tiles is also expected to exhibit significant CAGR during the forecast period 2019 to 2027. Ceramic floor tiles is anticipated to grow at CAGR of more than 9.0% between 2019 and 2027
Request for Covid-19 Impact Analysis on Ceramic Tiles Market :
Residential Replacement Contributed Major Demand for Ceramic Tiles Market
Based on application, ceramic tiles has been segmented into residential replacement, commercial, new residential, and industrial. Out of which, residential replacement accounted for more than 40.0% of the total ceramic tiles market in 2018. It is likely to remain dominant application during the forecast period 2019 to 2027
Increase in renovation activities owing rise in disposable income followed by improved standard of living is the major factor of which drives the demand for ceramic tiles for residential replacement. However, new residential segment is expected to exhibit significant CAGR of more than 10% during the forecast period 2019 to 2027
Increase in new construction activities in residential segment is the major factor which makes new residential segment highly attractive application for ceramic tiles
Buy our Premium Research Report on Ceramic Tiles Market @
Rise in Construction Activities Makes Asia Pacific Major Region For Ceramic Tiles
In terms of geography, the Ceramic Tiles market has been bifurcated into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific held the leading market share of more than 60% in 2018. It is likely to remain dominant region over the forecast period 2019 to 2027
Asia Pacific accounts for the significant market share of the global ceramic tiles both in terms of revenue and volume. Increasing disposable incomes, and rising construction activities in Asia Pacific drive the market for ceramic tiles in the region. China held a leading share of the market in the region in 2018, owing to presence of promising construction industry in the region. China, India, Vietnam, and Indonesia are key countries of the market in Asia Pacific
The North America market is anticipated to witness steady growth between 2019 and 2027. Currently, recovery of the building & construction industry in the region, especially in the commercial sub-segment, is a key factor driving the ceramic tiles market in North America.
Global Ceramic Tiles Market: Competition Landscape
Large number of players available in the market. Majority of the players have strong position in their respective regions. Key players operating in the market are Major manufacturers of ceramic tiles across the world include
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
