The global ceramic tiles market size was valued at USD 207.10 billion in 2021 and is expected to reach USD 312 billion by 2028, at a CAGR of 6.7% during the forecast period 2022 to 2028.Ceramic tiles are becoming more popular in flooring and walling applications because they are robust, stiff, and environmentally friendly materials that meet green construction requirements. There has been a considerable growth in home building investment in recent years, which has resulted in an increase in demand for ceramic tiles all over the world. As a result, manufacturers are concentrating on producing ceramic tiles for domestic use. Ceramic tile market growth is expected to be driven by residential maintenance and new installation activities. Governments are offering low-cost housing, which is expected to help the business develop over the next several years. Furthermore, the movement in customer preferences toward the use of ceramic tiles in homes is likely to drive demand.

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Over the projected period, growth in the development of office spaces, retail malls, hotel spaces, and other functional spaces around the world is expected to drive up demand for the product. The use of digital inkjet printing technology for tile decorating is becoming increasingly popular in the ceramic tile business. Over the projected period, substantial advancements in print head design and ink composition are also predicted to boost the market adoption of the mentioned technology. Many service businesses, including design studios, are merging with key participants in the industry to help develop new visuals for the manufacturing of more visually pleasing ceramic tiles. It also comprises providers of end-of-line processing, such as cutting, grinding, and lapping, to complete the final product.

 

The global ceramic tiles market segmentation:

 

1) By Application: Floor, Wall, Roof, Others.

2) By End-use Sector: Residential, Non-residential.

3) By Construction: New Construction, Renovation & replacement

 

In 2019, Asia Pacific led the market, and this trend is expected to continue during the forecast period. High product demand from the residential and non-residential building categories in Asia Pacific's rising economies, such as China and India, is projected to drive market expansion. Due to the growing per capita income, fast urbanization, and an expanding population, the construction sector in Asia Pacific is anticipated to develop. Due to the extreme region's sustained economic growth, the residential, non-residential, and industrial sectors are projected to expand, boosting construction activity and fueling product demand throughout the projection period. In 2019, the non-residential building sector, which includes offices, hotels, and lodging spaces, grew steadily, indicating that product demand in North America would continue to rise in the future.

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Some of the major key players in ceramic tiles market, which includes Gruppo Concorde (Italy), Guangdong Dongpeng Ceramic Co.Ltd (China)., Kajaria Ceramics (India), Lamosa (Mexico), Mohawk Industries Inc (U.S.)., Pamesa Ceramica (Spain), Panariagroup Industrie Ceramiche S.p.An (Italy), RAK Ceramics (Arab Emirates), Roca SanitarioS.A (Spain), The Siam Cement Public Company Limited(Thailand)

               

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