KEY FINDINGS The global ceramic tiles market is predicted to grow at a CAGR of about 10.40% over the forecast years of 2017-2025. Some of the primary driving factors for this market include the increasing use of inkjet technology for customization and personalization, growing residential construction sector, renovation and modernization of older structures, strong growth in the flooring market, infrastructure development and the favorable government policies.
MARKET INSIGHTS The global ceramic tiles market is segmented based on the type of products and application. The products are further categorized into wall tiles, floor tiles, and other products. The Floor tiles are the most popular segment by product type. On the other hand, the application type includes residential replacement application, commercial application, new residential application and other application, with the residential replacement application being a more dominant segment.
REGIONAL INSIGHTS The global Ceramic tiles market is geographically segmented into four major regions which include the Asia-Pacific, Europe, North America and the rest of the world. The Asia-Pacific is currently dominating the global market owing to lucrative investments prospects from countries such as China, Japan, India, and South Korea, and is expected to continue its successful run throughout the forecast period.
COMPETITIVE INSIGHTS Ceramiche Atlas Concorde, Blackstone Industrial (Foshan) Ltd, Centura Tile Inc, China Ceramics Co Ltd, Crossville Inc, Florida Tile Inc (Panaria Group, Iris Ceramica, Kajaria Ceramics, Mohawk Industries, Nitco, Grupo Lamsoa, Rak Ceramics, Siam Cement Group, Del Conca Usa, Saloni Ceramic Sa, Gruppo Ceramiche Ricchetti Spa, Porcelanosa Grupo, Mosa, Grespania, and Johnson Tiles are some of the popular players in the global ceramic tiles market.