Ceramic Tiles Market future growth opportunities by 2019-2025
Category: #headlines  By Deepak Pardhi  Date: 2019-08-13
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Ceramic Tiles Market future growth opportunities by 2019-2025

Global Market Insights add Ceramic Tiles Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.  

The APAC is one of the most lucrative regional contenders for the global ceramic tiles market. Indeed, Asia Pacific ceramic tiles industry is anticipated to witness highly commendable gains over 2018-2025. Rise in infrastructural spending in the emerging economies including India, South Korea, and Japan will primarily drive ceramic tiles market in the region. Additionally, the growing trends of metal slabs, marble floors, and replacing paints and home decorative products will further propel the product demand in the region.

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The global ceramic tiles market has been poised to reach USD 185 billion by 2024, according to a report by Global Market Insights, Inc. As per statistics, China’s construction industry was the largest in the world, with construction expenditure recorded over USD 1.7 trillion. As the construction sector is witnessing a major upswing in Asia Pacific region, the regional ceramic tiles market is likely to grab some colossal takes in the years ahead.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  1. Siam Cement Group
  2. Mohawk Industries
  3. Lamosa Grupo
  4. Ras Al Khaimah Ceramics
  5. Kajaria Ceramics
  6. Florida Tile
  7. Crossville
  8. Ceramiche Atlas Concorde S.P.A.
  9. China Ceramics

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The recent advent of ceramic tiles with stain and germ resistant features is also likely to enhance the market demand of the product. Moreover, the expanding flooring market is poised to provide a notable impetus to the ceramic tiles industry over the coming seven years. As ceramic tiles are one of the most widely used products in flooring application of residential & commercial buildings, the market is ought to exhibit commendable gains in the coming years. The floor ceramic tile market share is anticipated to depict a substantially high growth rate over the coming years, as these tiles can be perpetually used as substitutes for marble, paints, and other similar products.

Ceramic wall tiles, being another pivotal product segment, is expected to seize a major share of ceramic tiles industry, owing to their wide preference in kitchen walls. These ceramic walls are available in wide range of colors, designs, and patterns. These walls are also embedded with the properties including resistant to heat and sunlight, and ease of cleaning which has resulted in a larger product demand. The rapidly rising awareness regarding the significance of wall tiles for home decoration is also likely to enhance wall-based ceramic tiles market in the years to come.

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The major upsurge in remodeling projects and robust commercial construction projects comprising offices and sports courts in U.S. has significantly propelled the ceramic tiles industry in the region.  The North America ceramic tiles market is apparently set to showcase remarkable growth prospects in the years ahead.

Some of the renowned players accumulating a major market chunk of the overall market include Mohawk Industries, Lamosa Grupo, Kajaria Ceramics, Siam Cement Group, Florida Tile, Crossville, and China Ceramics.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Deepak Pardhi    

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

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