Ceramic Tiles Market Growth, COVID Impact, Trends Analysis Report Forecast to 2032

The global ceramic tiles market is predicted to exhibit substantial market growth over the forecast. Valued at US$ 84.8 Bn in 2021, the target market will grow at a robots CAGR of 7.20% during 2022-2032. The rapid expansion of residential, commercial, and construction sectors is propelling the growth of the ceramic tiles market.

Also, recent growth of the home decor sector, residential construction industry, and development of thee organized retail sector will further aid the growth of the ceramic tiles market during the forecast period. The past few years has registered the increasing per capita income of several countries all over the world. This has resulted in the rise of renovations and home decor activities.

Ceramic tiles are often preferred by homeowners, renovators, and interior designers due to their visually appealing characteristics as well as their sustainability and durability features. Owing to their visual attractiveness, ceramic tiles are in high demand in both residential construction and in the construction of hotels, offices, universities, shopping centers, and restaurants.

Addition, the availability of an extensive variety of ceramic tiles for home décor like mosaic, glazed, porcelain, and terracotta tiles further contribute to the escalating market demand as these fulfill the purpose of aesthetics as well as functionality.

Competitive Landscape 

RAK Ceramics, Crossville Inc., Atlas Concorde, Saloni Ceramica, Porcelanosa Grupo, Gruppo Ceramiche Ricchetti, Florida Tile,Mohawk Industries, Kajaria Ceramics, and China Ceramics Co., Ltd., among others, are some of the major players in the ceramic tiles market profiled in the full version of the report.

Key market players are concentrating on product innovations and developments to meet the rising consumer demand. These enterprises are also deploy tactics such as mergers, acquisitions, and collaborations to strengthen their market position.

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Key Segments Covered in the Ceramic Tiles Industry Report

Ceramic Tiles Market by Product:

Floor Tiles
Wall Tiles
Other Tiles

Ceramic Tiles Market by Application:

Residential Replacement
New Residential
Others (facades, countertops etc.)

More Insights into Ceramic Tiles Market Report

In its latest report, FMI offers an unbiased analysis of the global ceramic tiles market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. According to the latest FMI reports, based on segmentation, the residential segment is expected to continue its market lead through 2032.

Benefits like sustainability and durability drive this segment’s growth. In terms of product types, the floor ceramic tile segment will hold major market share owing to its extensive application in the housing sector.

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