Ceramic Tiles Market Report (2021-2031) | The Insight Partners
The Ceramic Tiles Market size is projected to reach US$ 362.7 billion by 2031 from US$ 200.3 billion in 2023. The market is expected to register a CAGR of 7.70% in 2023–2031. Continuously demand from the commercial sector and residential sector has supported the market growth of ceramic tiles. In addition, growing awareness and adoption of the 3D printing technology in the ceramic sector is one of the future trends in the industry.
Ceramic Tiles Market Analysis
The demand for ceramic flooring tiles is projected to account for the highest market share. Some of the major driving factors for the adoption of ceramic flooring tiles are low cost, wider product line, and ease of installation. In terms of geography, the global ceramic tiles market is dominated by the Asia Pacific. The high population and growing construction industry are some of the major factors that are projected to dominate the Asia ceramic tiles market. In addition, governments of Asian countries have focused on attracting foreign direct investment to expand their commercial infrastructure. Such government initiatives are further supporting market growth.
Ceramic Tiles Market Overview
Ceramic tiles have notably replaced natural stone products owing to their higher durability and lower prices. Thus, owing to its cost-effective nature, the adoption of ceramic tiles has increased in cost-sensitive countries such as China, India, and some of the Middle Eastern countries. Apart from the factors mentioned above, resistance to moisture, anti-dust, and anti-strain are some of the other attributes that are further supporting the market growth. However, a high number of ceramic tile manufacturers in the industry is one of the challenges for the global ceramic tiles market. Further, the European region is also generating lucrative opportunities for the ceramic tiles market owing to increased demand for aesthetic homes in the region. In addition, in the past few years, the construction sector in Germany and the UK has shown positive growth.
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Ceramic Tiles Market: Strategic Insights
Ceramic Tiles Market
-
CAGR (2023 - 2031)
7.70%
-
Market Size 2023
US$ 200.3 Billion
-
Market Size 2031
US$ 362.7 Billion
Market Dynamics
GROWTH DRIVERS
- Growth in the Construction Industry
FUTURE TRENDS
- growing adoption of 3D printing
OPPORTUNITIES
- Increasing demand for the sustainable materials
Key Players
- Mohawk Industries Inc
- China Ceramics Co Ltd
- Florida Tile Inc
- GRUPO LAMOSA S A B DE C V
- Kajaria Ceramics Limited
- Porcelanosa Grupo AIE
- PT Muliakeramik Indahraya
- RAK Ceramics
- The Siam Cement Public Co Ltd
- Gruppo Ceramiche Ricchetti SPA
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Floor Tiles and Wall Tiles
Application
- Commercial and Residential
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Ceramic Tiles Market: Strategic Insights
-
CAGR (2023 - 2031)7.70% -
Market Size 2023
US$ 200.3 Billion -
Market Size 2031
US$ 362.7 Billion
Market Dynamics
- Growth in the Construction Industry
- growing adoption of 3D printing
- Increasing demand for the sustainable materials
Key Players
- Mohawk Industries Inc
- China Ceramics Co Ltd
- Florida Tile Inc
- GRUPO LAMOSA S A B DE C V
- Kajaria Ceramics Limited
- Porcelanosa Grupo AIE
- PT Muliakeramik Indahraya
- RAK Ceramics
- The Siam Cement Public Co Ltd
- Gruppo Ceramiche Ricchetti SPA
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Floor Tiles and Wall Tiles
- Commercial and Residential
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Ceramic Tiles Market Drivers and Opportunities
Growth in the Construction Industry
Continuously growing population and urbanization are some of the factors that are driving the construction industry. As per the data provided by the Macrotrends in 2024, the global population in 2020 was 7.8 billion; the number reached 8 billion in 2022. This shows a steady increase in the population. Further, as per the stats provided by the United Nations, the global population is projected to reach 8.5 billion by 2030. Thus, an increase in population will directly increase the demand for residential, commercial, and infrastructural construction. Such an increase in the construction industry has further increased the demand for ceramic tiles, ultimately driving the market.
Increasing demand for the sustainable materials
The demand for eco-friendly materials in the construction sector is increasing rapidly owing to increased initiatives to reduce carbon footprint. Strict rules imposed by governments across the globe, especially by the developed nations, are compelling construction material manufacturers to manufacture products that emit low carbon emissions. Ceramic tiles manufacturers in the industry are undertaking extensive research and development activities to introduce products with low carbon footprints. Such activities are projected to create lucrative opportunities for the ceramic tiles market.
Ceramic Tiles Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Ceramic Tiles Market analysis are type and application.
- Based on type, the Ceramic Tiles Market is divided into floor tiles and wall tiles. The floor tiles segment held a larger market share in 2023.
- By application, the market is segmented into commercial and residential. The residential segment held the largest share of the market in 2023.
Ceramic Tiles Market Share Analysis by Geography
The geographic scope of the Ceramic Tiles Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
Asia Pacific held the highest share of the global market. Some of the factors that are driving the ceramic tiles demand in the region are high population and demand for cost-effective products. Asia Pacific market is further categorized by country into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. As per the data provided by the Census and Economic Information Center in 2022, the China construction sector recorded a revenue of approximately 4 billion US$ in 2022, a steady growth from 2019. Such expansion of the construction sector directly affected the construction sector positively. Apart from China, India is also taking some aggressive initiatives to expand their construction sector. Indian government’s Pradhan Mantri Awas Yojana scheme has helped the residential construction industry to grow notably.
Ceramic Tiles Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 200.3 Billion |
Market Size by 2031 | US$ 362.7 Billion |
Global CAGR (2023 - 2031) | 7.70% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Ceramic Tiles Market News and Recent Developments
The Ceramic Tiles Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for ceramic tiles and strategies:
- Atlas Concorde introduced three new collections at Cersaie 2023. Cersaie 2023 is an international exhibition of ceramic tile and bathroom furnishings. The Atlas Concorde showcased three new collections: Marvel Meraviglia, Boost Balance, and Marvel Onyx during the event. (Source: Atlas Concorde, Press Release/Company Website/Newsletter, 2023)
- Daltile launched six new tiles collections. The collection is Artcrafted, Divinium, Acreage, Calgary, Pure, and Gamma (Natural Stone). (Source: Daltile, Press Release/Company Website/Newsletter, 2023)
Ceramic Tiles Market Report Coverage and Deliverables
The “Ceramic Tiles Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina