Ceramic Tiles Market Study Report By Current Trends & Growth Statistics To 2025
Category: #headlines  By Rahul Varpe  Date: 2020-03-20
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Ceramic Tiles Market Study Report By Current Trends & Growth Statistics To 2025

The Ceramic Tiles Market is set to grow from its current market value of more than USD 87 billion to over USD 185 billion, as reported in the latest study.

The tremendous increase in the construction activities across the globe is the prime factor fueling the growth of ceramic tiles market. Owing to the rapid urbanization, the demand and sales of the ceramic tiles is increasing significantly around the world. The global ceramic tiles market has been poised to reach USD 185 billion by 2024,

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The Ceramic Tiles Market is projected to register a CAGR of 9.9% during the period 2018 -2025.  The Ceramic Tiles Market report coverage is inclusive of various parameters such as the market size, regional growth opportunities, major vendors in the market, drivers and constraints, segmental analysis, as well as the competitive landscape.

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.

The factors like ease of maintenance, good thermal & shock resistance, and durability of ceramic titles is expected to provide a substantial push to this industry. The deployment of ceramics tiles is expected to increase in residential buildings, laboratories, hospitals, and commercial buildings. The contribution of the residential sector toward ceramic tiles industry has been rather prominent, primarily on account of the rising renovation and rebuilding projects for enhanced flooring and wall appearance.

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Top Companies

Ceramiche Atlas Concorde S.p.A., Crossville, Inc., China Ceramics Co. Ltd., Florida Tile, Inc., Gruppo Ceramiche Ricchetti S.p.A., Kajaria Ceramics Limited, Mohawk Industries, Inc., Porcelanosa Grupo, Saloni Ceramics, Siam Cement Group, Ras Al Khaimah Ceramics, Grupo Lamosa SAB de CV,

Split by application, the market is divided into

  1. Residential,
  2. Commercial

This report contains detailed information pertaining to the consumption of the product as well as market share of the application, alongside the growth rate of every application segment.

The regional segmentation covers

  • North America,
  • Europe,
  • Asia Pacific,
  • Latin America (LATAM),
  • Middle East

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What are the key highlights of this report?

  1. A well-detailed pricing analysis has been undertaken on the source of the product, application, as well as regional segments
  2. A detailed evaluation of the player matrix in tandem with the major firms that will help better understand the competitive situation in the global market
  3. Important insights pertaining to the regulatory scenario governing the market, in tandem with the investments poured in by numerous stakeholders in the global market
  4. A deep-dive evaluation of the myriad aspects pushing the overall market growth alongside their impact on the anticipation as well as dynamics of the global market
  5. A detailed roadmap that presents the many available growth opportunities in the global market as well as the identification of vital factors
  6. An intrinsic analysis of the myriad trends that prevail in the global industry which would help identify the numerous developments
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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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