The ceramic tiles market size is expected to see strong growth in the next few years. It will grow to $174.44 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to sustainability and eco-friendly practices, rise of smart homes, e-commerce expansion, growing demand from the hospitality sector, rising demand from the transportation sector. Major trends in the forecast period include growing popularity of digital printing technology, wood-look ceramic tiles, large-format tiles, digitalization in customer experience, geometric and patterned tiles.
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Segmentation & Regional Insights
The ceramic tiles market covered in this report is segmented –
1) By Type: Glazed Tiles, Unglazed Tiles
2) By Construction Type: New Construction, Renovation and Replacement
3) By Formulation: Dry Pressed, Extruded, Casting
4) By Application: Floor Tiles, Wall Tiles, Other Applications
5) By End User: Residential, Non-Residential
Asia-Pacific was the largest region in the ceramic tiles market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the ceramic tiles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in spending on home remodelling is expected to propel the growth of the ceramic tiles market over the coming years. Home remodelling refers to the changes made in designs and renovating the house. Home remodelling increases the demand for ceramic tiles as these are used for renovating and building house requirements mainly for bathrooms and kitchens. For instance, according to the residential remodelling index (RRI) report, in the first quarter of 2021, the spending on residential remodelling increased by 10.8% on a year-over-year (YOY) basis. Therefore, increasing home remodelling drives the growth of ceramic tiles market.
Key Industry Players
Major companies operating in the ceramic tiles market report are Ceramiche Atlas Concorde S. P. A, Cersanit SA, Florim Ceramiche S. P. A, Grupo Lamosa SAB de CV, GranitiFiandre S. p. A., Grupo Fragnani Ltd., Hindustan Tiles Limited, Mohawk Industries Inc., Pamesa Ceramica Sl, Portobello Ceramics SA, Ras Al Khaimah Ceramics PSC, Kajaria Ceramics Limited, Saudi Ceramic Company, PORCELANOSA Grupo A. I. E, Crossville Inc., LIXIL Group Corporation, Madeira Corporate Services S. A., Akdo Intertrade Inc., Alfagres Ceramic SA, American Marazzi Tile Inc., American Olean Company, Ames Bros. Distributors Ltd., Anatolia Capital Corp., ANN SACKS Tile & Stone Inc., Arizona Tile LLC, Atlas Concorde Corporate Company, BlackForest Solutions GmbH, Boardroom Ltd., Boston Scientific Corporation, Castelbianco Srl, Carenza SA, Cerdomus Srl, Clayhaus Ceramics LLC
The ceramic tiles market report table of contents includes:
1. Executive Summary
2. Ceramic Tiles Market Characteristics
3. Ceramic Tiles Market Trends And Strategies
4. Ceramic Tiles Market – Macro Economic Scenario
5. Global Ceramic Tiles Market Size and Growth
………….
31. Global Ceramic Tiles Market Competitive Benchmarking
32. Global Ceramic Tiles Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Ceramic Tiles Market
34. Ceramic Tiles Market Future Outlook and Potential Analysis
35. Appendix
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