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CHICAGO, Nov. 19, 2020 /PRNewswire/ -- According to the new market research report "Ceramic Tiles Market by Type (Porcelain, Glazed, Unglazed), Application (Floor, Internal Wall, External Wall, Others), End-Use Sector (Residential & Non-residential), & Region - Global Forecast to 2025", published by MarketsandMarkets™, the Ceramic Tiles Market is projected to grow from USD 207.7 billion in 2020 to USD 285.1 billion by 2025, at a CAGR of 6.5% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228236779
Browse in-depth TOC on "Ceramic Tiles Market"
156 – Tables
40 – Figures
151 – Pages
View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/ceramic-tiles-market-228236779.html
Growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities, further boost the growth of the market for ceramic tiles. The rise in demand from emerging economies and the growth of the organized retail sector create growth opportunities for the market.
The Porcelain segment is projected to dominate the global Ceramic Tiles Market through 2025
The porcelain segment acquired the largest share in the ceramic tiles market in 2019, in terms of value, and is projected to grow at the highest CAGR during the forecast period. The demand for porcelain tiles in recent years has been increasing due to their superior properties, such as low water absorption, slip resistance, and anti-bacterial properties. These properties make porcelain tiles highly popular for kitchens, bathrooms, and hospitals.
The flooring segment is projected to grow at the highest CAGR in the Ceramic Tiles Market during the forecast period
The flooring segment is projected to grow at the highest CAGR in the ceramic tiles market from 2020 to 2025. Ceramic tiles are an ideal and enduring option as a flooring material because of their strength, water-resistance, low maintenance, reliability, and high durability. They find application in healthcare centers, government offices, and sports institutes, where the expected footfall is high, as well as in residential buildings. Being water-resistant and easy to clean, they are the best solution for the kitchen and bathroom floors.
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The Asia Pacific is projected to hold the largest share in the Ceramic Tiles Market during the forecast period
The Asia Pacific is the most attractive market for ceramic tiles due to the rapid socio-economic development in the region. The increasing number of new housing units and huge investments in the infrastructural sector are fueling the demand for ceramic tile materials in this region. The growth of the ceramic tiles market in the APAC region is also driven by increasing demand for ceramic tiles in countries, such as China, India, Thailand, Indonesia, and Vietnam, due to the significant growth in the construction opportunities in these countries.
Key players operating in the ceramic tiles market include Mohawk Industries (US), Siam Cement Group (Thailand), Grupo Lamosa (Mexico), RAK Ceramics (UAE), Kajaria Ceramics (India), Grupo Cedasa (Brazil), Ceramica Carmelo Fior (Brazil), Pamesa Ceramica (Spain), Grupo Fragnani (Brazil), and STN Ceramica (Spain). These players have adopted various growth strategies to expand their global presence and increase their market share.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=228236779
Browse Adjacent Markets: Building and Construction Market Research Reports & Consulting
Related Reports:
1. CARPETS & RUGS MARKET - GLOBAL FORECAST TO 2022
By Type (Tufted, Woven, Needle-punched, Knotted), Material (Nylon, Polyester, Polypropylene), End-use Sector (Residential, Non-residential, Automotive & Transportation), and Region
https://www.marketsandmarkets.com/Market-Reports/carpet-rug-market-62048331.html
2. FLOORING MARKET - TRENDS & FORECASTS TO 2023
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By Type (Soft covering, Resilient, Non-resilient, Others), Materials (Carpets & Rugs, Tiles, Vinyl, Wood, Others), Application (Residential, Non-residential), & by Region (North America, Europe, Asia-Pacific, RoW) - Trends & Forecasts to 2023
https://www.marketsandmarkets.com/Market-Reports/flooring-market-110789434.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/ceramic-tiles-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/ceramic-tiles.asp
SOURCE MarketsandMarkets
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228236779
Browse in-depth TOC on "Ceramic Tiles Market"
156 – Tables
40 – Figures
151 – Pages
View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/ceramic-tiles-market-228236779.html
Growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities, further boost the growth of the market for ceramic tiles. The rise in demand from emerging economies and the growth of the organized retail sector create growth opportunities for the market.
The Porcelain segment is projected to dominate the global Ceramic Tiles Market through 2025
The porcelain segment acquired the largest share in the ceramic tiles market in 2019, in terms of value, and is projected to grow at the highest CAGR during the forecast period. The demand for porcelain tiles in recent years has been increasing due to their superior properties, such as low water absorption, slip resistance, and anti-bacterial properties. These properties make porcelain tiles highly popular for kitchens, bathrooms, and hospitals.
The flooring segment is projected to grow at the highest CAGR in the Ceramic Tiles Market during the forecast period
The flooring segment is projected to grow at the highest CAGR in the ceramic tiles market from 2020 to 2025. Ceramic tiles are an ideal and enduring option as a flooring material because of their strength, water-resistance, low maintenance, reliability, and high durability. They find application in healthcare centers, government offices, and sports institutes, where the expected footfall is high, as well as in residential buildings. Being water-resistant and easy to clean, they are the best solution for the kitchen and bathroom floors.
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Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=228236779
The Asia Pacific is projected to hold the largest share in the Ceramic Tiles Market during the forecast period
The Asia Pacific is the most attractive market for ceramic tiles due to the rapid socio-economic development in the region. The increasing number of new housing units and huge investments in the infrastructural sector are fueling the demand for ceramic tile materials in this region. The growth of the ceramic tiles market in the APAC region is also driven by increasing demand for ceramic tiles in countries, such as China, India, Thailand, Indonesia, and Vietnam, due to the significant growth in the construction opportunities in these countries.
Key players operating in the ceramic tiles market include Mohawk Industries (US), Siam Cement Group (Thailand), Grupo Lamosa (Mexico), RAK Ceramics (UAE), Kajaria Ceramics (India), Grupo Cedasa (Brazil), Ceramica Carmelo Fior (Brazil), Pamesa Ceramica (Spain), Grupo Fragnani (Brazil), and STN Ceramica (Spain). These players have adopted various growth strategies to expand their global presence and increase their market share.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=228236779
Browse Adjacent Markets: Building and Construction Market Research Reports & Consulting
Related Reports:
1. CARPETS & RUGS MARKET - GLOBAL FORECAST TO 2022
By Type (Tufted, Woven, Needle-punched, Knotted), Material (Nylon, Polyester, Polypropylene), End-use Sector (Residential, Non-residential, Automotive & Transportation), and Region
https://www.marketsandmarkets.com/Market-Reports/carpet-rug-market-62048331.html
2. FLOORING MARKET - TRENDS & FORECASTS TO 2023
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By Type (Soft covering, Resilient, Non-resilient, Others), Materials (Carpets & Rugs, Tiles, Vinyl, Wood, Others), Application (Residential, Non-residential), & by Region (North America, Europe, Asia-Pacific, RoW) - Trends & Forecasts to 2023
https://www.marketsandmarkets.com/Market-Reports/flooring-market-110789434.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/ceramic-tiles-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/ceramic-tiles.asp
SOURCE MarketsandMarkets
Filed Under: Business
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